PARAMOUNT GLOBAL Stock Price, News & Analysis

Super League (Nasdaq: SLE) has partnered with Paramount Pictures to launch 'Gladiator Gauntlet', a custom Fortnite map inspired by the upcoming film Gladiator II. The experience, available from November 9 to 29 for users over 18, features a detailed recreation of the film's Colosseum using live art scans. The initiative includes collaborations with popular UEFN map creators who will integrate Gladiator NPCs and portals within their experiences. Paramount Pictures will promote the map through Twitch streams featuring notable Fortnite content creators Typical Gamer, Loserfruit, and Peterbot.

Paramount Global (NASDAQ: PARA, PARAA) announced its third quarter 2024 financial results ending September 30, 2024. The company will host a conference call at 8:30 a.m. (ET) with a live audio webcast available on Paramount's Investors homepage. The call can be accessed by dialing 833-470-1428 (domestic) or 929-526-1599 (international) using access code 298878. An audio replay will be available using code 290593. All earnings-related materials will be accessible on Paramount's Investors website.

Skechers achieved record-breaking success at its 16th Pier to Pier Friendship Walk, raising over $3.4 million, surpassing its $2.5 million goal. The event, co-sponsored by Nickelodeon, attracted nearly 22,000 registrants and has now raised more than $27 million in total for children with special needs, public schools, and college scholarships. The funds support the future Friendship Campus, a $55 million facility opening in 2026, offering vocational programs and life skills training. The Walk's proceeds also help reduce class sizes, update school facilities, and provide college scholarships, having donated over $1.1 million in scholarships to date.

BET Media Group announces the premiere of the 'BET Black Men's Summit', airing October 29, 2024, at 10 PM ET/9 PM CT. Hosted by D.L. Hughley, the special brings together influential Black men to discuss critical issues ahead of the 2024 presidential election. The summit features prominent guests including Michael Ealy, Jermaine Dupri, and Ben Crump, addressing economic disparities, political engagement, and reproductive rights. According to BET's study, while 89% of Black men intend to vote, nearly 20% feel ignored in the political process. The summit is part of BET's 'We VOTE' campaign aimed at increasing civic engagement and voter participation within the Black community.

Nickelodeon has announced that Kamala Harris has won their Kids Pick the President 'Kids' Vote' poll with 52% of the votes, while Donald Trump received 48%. Over 32,000 virtual ballots were cast between October 3-23. The results will be announced in a special half-hour program hosted by Nate Burleson and his daughter Mia, airing at 8 p.m. (ET/PT) across Nickelodeon platforms and Paramount+.

The special will focus on issues important to young people in the 2024 presidential election, including the economy, AI technology, and health. Nickelodeon has partnered with NAMLE to provide media literacy resources for parents through kidspickthepresident.com as part of their Our World prosocial initiative.

GAMCO has reviewed Project Rise Partners' open letter regarding their offer for Paramount at a price higher than the current merger price. Despite the 'Go Shop' period expiring on August 21, 2024, GAMCO believes Paramount's Board should consider and respond to this serious proposal. Through Operation Fishbowl, GAMCO continues to receive documents via a Delaware 220 Books and Records request, seeking to ensure shareholders receive fair value. However, materials received so far lack sufficient information to properly value NAI's Paramount holdings and non-Paramount assets. GAMCO Portfolio Manager Christopher Marangi notes uncertainty about NAI's per-share compensation for their control ownership.

Yellow Rose by Kendra Scott has launched a -edition Yellowstone Collection in collaboration with Paramount Consumer Products, coinciding with the return of the series' fifth season. The collection features 13 styles priced between $50-$250, including bracelets, rings, and necklaces inspired by the Yellowstone Dutton Ranch and Beth and Rip's love story. 20% of the purchase price will be allocated to the Nest Women of the West Fund through The Kendra Scott Foundation, supporting American craftsmen and artisans. The collection is now available on KendraScott.com and targets Yellowstone's audience of over 12 million viewers.

Plan International and Paramount have partnered to launch a global campaign on International Day of the Girl Child (Oct. 11) to support girls' education and gender equality. The campaign features Nickelodeon's Dora and includes:

• The Dora Fund: Grants for youth-led organizations focused on girls' education
• Backpacks and supplies distribution funded by Paramount
• A global PSA airing across Paramount networks
• A Plan International resource hub

The initiative aims to address the crisis of 224 million out-of-school children worldwide, with girls facing the greatest barriers. In 2023, Plan reached 10.5 million people through education programs. The campaign invites public participation to break down barriers and ensure all children, especially girls, have access to education.

Chamère, a ready-to-drink Kir Royale inspired by the Netflix series Emily in Paris, is launching in the US this fall. The beverage, which combines sparkling wine with natural cassis flavor, aims to capture Parisian sophistication with a playful twist. Packaged in a 25cl can, Chamère will be available at select retailers in New York, New Jersey, Connecticut, Maryland, Delaware, and Washington, D.C. starting October 10th, and through ReserveBar from October 28th.

To celebrate the launch, Chamère is hosting a 'Parisian Fall Picnic' event in New York City. The brand is part of The Quintessential Brands Group, an independent spirits business with a global reach. Paramount Consumer Products, which oversees licensing for Paramount (Nasdaq: PARA, PARAA), is involved in the brand's connection to Emily in Paris.