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Paramount Global Launches "Popular is Paramount"

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Rhea-AI Summary

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.

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AI-generated analysis. Not financial advice.

Positive

  • Launch of 'Popular is Paramount' campaign to strengthen brand positioning.
  • Campaign showcases Paramount's diverse portfolio and commitment to popular content.
  • Running through Summer 2023, indicating ongoing promotional efforts.

Negative

  • None.

News Market Reaction – PARAA

+1.69%
1 alert
+1.69% News Effect

On the day this news was published, PARAA gained 1.69%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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New Trade Marketing Campaign and Positioning Celebrates Scale, Breadth and Impact of Paramount Content with Big, Beloved IP For All Audiences at the Center

Showcases Paramount's Track Record of Making Popular Content and Content Popular for Advertisers, Distributors, Investors and the Creative Community

*Click here for creative assets

NEW YORK, March 8, 2023 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) is unleashing the power of content today with the launch of "Popular is Paramount," a new brand positioning and trade campaign that brings to life the company's indisputable strength in making popular content and content popular for every audience across its premium portfolio of leading brands and multiplatform assets.

"'Popular is Paramount' is a celebration of our company, content and creative excellence," said Bob Bakish, President and Chief Executive Officer, Paramount. "It simply captures what we do best — giving audiences what they want, with smart strategies that maximize the reach and power of our unified portfolio to successfully market and distribute IP all around the world at scale. Our content engine is driving huge and undeniable momentum, underscoring our ability to produce big, mass market hits across genres, demographics, formats and platforms."

"Popular is Paramount" is designed to emphasize Paramount's definitive value among the advertiser, distributor, investor and creative communities as a powerful global entertainment partner of choice.

Featuring Paramount's biggest IP front and center and anchored in research-backed insights, the campaign vibrantly captures the essence of "Popular" with eye-catching declarations of content leadership in all genres and formats, including film, television and streaming.

"'Popular is Paramount' showcases the enduring popularity of our content, both culturally and commercially," said Julia Phelps, EVP, Chief Communications and Corporate Marketing Officer. "We are experts in telling stories that resonate with every audience, everywhere, and 'Popular' is a distinctive identity that connects our legacy to our future."

The campaign will roll out across influential owned and paid media, as well as high-impact out-of-home placements in New York and Los Angeles.

Produced in house, the campaign creative also debuts a new visual design system, which reimagines the company's iconic branding while honoring its heritage and creative spirit.

The "Popular is Paramount" campaign will run through Summer 2023, and a preview of the creative is available here.

About Paramount

Paramount Global (NASDAQ: PARA, PARAA) is a leading global media, streaming and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, Paramount's portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV. Paramount holds one of the industry's most extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the company provides powerful capabilities in production, distribution, and advertising solutions.

For more information about Paramount, please visit www.paramount.com and follow @ParamountCo on social platforms.

PARA-IR

 

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SOURCE Paramount Global

FAQ

What does the new visual design system in the campaign represent?

The new visual design system honors Paramount's heritage while reflecting its creative spirit.