Welcome to our dedicated page for PARAMOUNT GLOBAL news (Ticker: PARAA), a resource for investors and traders seeking the latest updates and insights on PARAMOUNT GLOBAL stock.
The PARAA news page on Stock Titan provides an archive of news and press releases related to Paramount Global and its Class A common stock prior to the company’s combination with Skydance Media and subsequent delisting. Paramount described itself as a global media, streaming and entertainment company with a portfolio that includes CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV, and this news flow reflects activity across those brands.
Coverage includes corporate announcements such as quarterly earnings releases, where Paramount Global reports financial results and hosts investor webcasts, as well as transaction-related updates tied to the merger with Skydance Media and the creation of Paramount Skydance Corporation. These items explain key dates, election deadlines for stockholders, and the expected transition of public trading to the PSKY ticker while PARAA and PARA cease to be listed on Nasdaq.
Brand and content news is also prominent. Nickelodeon press releases highlight programming moves like adding the Emmy Award-winning series Modern Family to the Nick at Nite lineup, airing animated series Unicorn Academy and Vida the Vet, and launching the preschool series Tim Rex in Space in partnership with Channel 5’s Milkshake!. Other items describe collaborations such as a SpongeBob SquarePants fashion collection and the "Worthy" public service campaign with Plan International, featuring Dora and airing across Nickelodeon and MTV networks in many markets.
For researchers and investors, this page serves as a historical record of how Paramount used its broadcast networks, cable channels and streaming platforms, and how the company communicated major strategic steps leading to its integration into Paramount Skydance Corporation. Users can review these archived updates to understand the evolution of the business and the events surrounding the end of PARAA as a standalone Nasdaq-listed security.
Paramount Global (NASDAQ: PARA, PARAA) has announced changes to its Board of Directors, including the addition of Dawn Ostroff as a non-executive director, pending stockholder approval at the Annual Meeting on May 8, 2023. Ostroff, previously at Spotify, brings extensive experience in content and advertising. Concurrently, Candace Beinecke and Ronald Nelson will not seek re-election, having served since 2018 and 2016 respectively. The Board will consist of 11 members, with 8 independent directors after the stockholder vote. This strategic shift aims to enhance Paramount's content strategy and drive future growth.
Paramount Global launched its first global e-commerce site, ParamountShop.com, on March 15, 2023. This platform features over 7,000 items representing more than 125 brands including CBS, MTV, and Nickelodeon. Paramount Shop aims to enhance customer engagement by offering a seamless shopping experience with a variety of products across categories like apparel, collectibles, and toys. The site supports worldwide shipping and will introduce localized experiences in the US, Canada, UK, and Germany. As Paramount expands its online presence, the platform is designed to reflect the company's popular content and culture-defining brands.
Paramount Global launched its first global direct-to-consumer e-commerce site, ParamountShop.com, on March 15, 2023. The platform showcases over 7,000 items from more than 125 brands including CBS, Comedy Central, MTV, and Nickelodeon. Customers can explore a wide range of products across various categories such as apparel, collectibles, and toys, while also engaging with popular franchises like SpongeBob SquarePants and Star Trek. The site supports worldwide shipping and offers localized experiences in the US, Canada, UK, and Germany, with plans for further expansion.
On March 10, 2023, Paramount Global (NASDAQ: PARA, PARAA) announced its Board of Directors has declared a quarterly cash dividend of
Paramount Global (NASDAQ: PARA, PARAA) has declared a quarterly cash dividend of $0.24 per share for its Class A and Class B Common Stock, payable on April 3, 2023 to stockholders of record by the close of business on March 20, 2023.
Additionally, a dividend of $1.4375 per share will be issued for its 5.75% Series A Mandatory Convertible Preferred Stock, also payable on April 3, 2023.
This announcement reflects Paramount's ongoing commitment to return value to its shareholders through regular dividends amidst its diverse media portfolio.
Paramount Global (NASDAQ: PARA, PARAA) has launched a new campaign titled 'Popular is Paramount', emphasizing its strength in creating and distributing popular content. This campaign aims to enhance its brand positioning among advertisers, distributors, investors, and the creative community, showcasing its broad portfolio and track record of producing mass-market hits across various platforms. The campaign will run through Summer 2023 and will feature innovative marketing strategies including extensive media placements in major cities like New York and Los Angeles. This initiative highlights Paramount's commitment to leveraging its extensive content library to connect with diverse audiences.
Paramount Global (NASDAQ: PARA, PARAA) has launched the "Popular is Paramount" campaign, showcasing its strength in creating and popularizing content across various platforms. This initiative emphasizes Paramount's role as a key entertainment partner for advertisers, distributors, and the creative community. The campaign, running through Summer 2023, features leading intellectual properties (IP) to demonstrate the company's cultural and commercial impact in the media industry. Through innovative marketing strategies and a new visual design system, Paramount aims to connect its legacy with future content offerings, enhancing its market presence in New York and Los Angeles.
Playmates Toys unveiled a new line of Teenage Mutant Ninja Turtles action figures, vehicles, and role play toys linked to the upcoming film Teenage Mutant Ninja Turtles: Mutant Mayhem. These products, set to launch on
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Producer Seth Rogen has announced a star-studded voice cast for the CG-animated film Teenage Mutant Ninja Turtles: Mutant Mayhem, which is set to be released in theaters on August 4, 2023. The cast features notable actors including Rose Byrne, John Cena, Jackie Chan, and Paul Rudd. The announcement was made during the Nickelodeon Kids' Choice Awards on March 4, 2023, and the film follows the Ninja Turtles as they seek acceptance in New York City. Nickelodeon's first CG-animated theatrical production, the film aims to rejuvenate the beloved franchise that has generated billions in consumer products since its inception in 1984.