Created by Grammy and Golden Globe Nominated Songwriter Freddy Wexler, Kid Cowboy is Set to Debut Friday, Jan. 24Share it: @Nickelodeon @NickelodeonFamily Click HERE to download assets and HERE to embed the trailer.HOLLYWOOD, Calif., Jan. 24, 2025 /PRNewswire/ -- Preschoolers will saddle up for a wild ride as Nickelodeon unveils Kid Cowboy, its first original animated series for YouTube, centering on a guitar-playing kid hero who champions for justice in a futuristic world. Debuting Friday, Jan. 24, on Nick ...

Paramount Global (NASDAQ: PARA ) ( PARAA ) is heavily discounted compared to its assets and peers, due to several factors such as management and cord-cutting. The Skydance deal, albeit not perfect, could unlock Paramount's value shortly.As a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consum ...

NEW YORK and PHILADELPHIA, Jan. 7, 2025 /PRNewswire/ -- Paramount Global (NASDAQ: PARA) (NASDAQ: PARAA) and Comcast (NASDAQ: CMCSA) today announced the renewal of their comprehensive distribution agreements to continue delivering Paramount's leading portfolio of broadcast, entertainment, news and sports brands across Xfinity platforms. The multi-year deals feature ongoing carriage of Paramount's networks, including CBS, BET, Comedy Central, MTV, Nickelodeon, Paramount Network and more. Comcast subscribers w ...

Slime-filled Wild Card Weekend Alternate Telecast to Feature SpongeBob SquarePants and Patrick Star Reprising Roles in the Booth, Alongside CBS Sports' Nate Burleson, in Game Set in Bikini BottomNickelodeon's NFL Wild Card Game Live from Bikini Bottom to Also Include Fan-Favorite Characters Featured Across Paramount's PortfolioShare it: @Nickelodeon @CBSSports @NFL*Click HERE to view assets and HERE to embed promo.HOLLYWOOD, Calif., Jan. 6, 2025 /PRNewswire/ -- Nickelodeon and CBS Sports's special Slime-fil ...

The third film in the series, Sonic the Hedgehog 3, recently surpassed $100M at the international box office, and has earned over $187M domestically for a cumulative worldwide gross to-date of over $312MHOLLYWOOD, Calif., Jan. 5, 2025  /PRNewswire/ -- Paramount Pictures today announced that its Sonic the Hedgehog film franchise, based on the SEGA video game, has surpassed $1B in total box office receipts worldwide, as Sonic the Hedgehog 3 continues to draw audiences to theatres across the globe. PARAMOUN ...

Paramount Global’s (PARA) shares have declined 31.1% over the past year, underperforming the Zacks Consumer Discretionary sector’s 12.9% return and the Zacks Media Conglomerates industry’s 20.7% growth.The underperformance resulted from a 6% year-over-year revenue dip to $6.73 billion in the third quarter, also lagging the Zacks Consensus Estimate of $6.91 billion. This shortfall was primarily led by weakness in the TV Media and Filmed Entertainment segments.However, Paramount’s prospects are bolstered by t ...

Paramount Global boss Shari Redstone is reportedly banking on her friendly relationship with President-elect Donald Trump to help the media giant skirt any FCC issues in its merger with Skydance — and help her walk away with a windfall.Redstone, the daughter of the late media titan Sumner Redstone, has “has gotten along” with Trump over the years and the two still talk from time to time, the Wall Street Journal reported.That relationship could be tested after Trump slapped Paramount-owned CBS with a $10 bil ...

NEW YORK, Dec. 17, 2024 /PRNewswire/ -- Paramount Global (the "Company") (NASDAQ: PARA, PARAA) today announced that it would redeem all of its remaining outstanding 4.750% senior notes due May 15, 2025 (the "4.750% senior notes") on December 27, 2024. The redemption price for the 4.750% senior notes is equal to the sum of 100% of the principal amount of the 4.750% senior notes that remain outstanding, the make-whole amount calculated in accordance with the terms of the 4.750% senior notes and the related in ...

First Time the Emmy Award®-Winning Series Will Air Within Paramount's Family of Brands Since Its Hit Run on CBSNick At Nite To Begin Tuesday, Dec. 24, with Holiday-Themed EpisodesMTV To Kick Off With An All-Day Marathon On Wednesday, Jan. 1Click HERE for The Big Bang Theory assetsClick HERE for Nickelodeon promoClick HERE for MTV promoNEW YORK, Dec. 17, 2024 /PRNewswire/ -- Paramount announced today that The Big Bang Theory will join Nick at Nite and MTV lineups, bringing holiday cheer through the new year ...

Shari Redstone's Financial Situation - Shari Redstone paid off a $186 million debt owed by National Amusements, the holding company controlling 77.5% of Paramount's voting stock, using cash mostly fronted by Larry Ellison [1][2] - The debt carried an 11.5% interest rate and was not due until May 2025, but Redstone paid it off early [5] - Redstone was reportedly in a cash crunch as Paramount struggled with weak performance across its business units [6] - National Amusements had previously sold real estate assets to make a $40 million debt payment in February [6] Skydance-Paramount Merger Deal - Skydance and its partners agreed to pay $2.4 billion for National Amusements' stake in Paramount as part of an $8 billion deal that will lead to a merger [4] - The deal values Skydance at 1,600 times its EBITDA of $3 million for the 12 months ending June 30, 2024 [11][12] - Skydance will pay $15 per share for up to $4.3 billion of Paramount's common shares, about half of Paramount's market cap [14] - The merged company is projected to have EBITDA of $258 million in 2025, driven by the release of new films [15] Financial Projections and Concerns - Paramount's revenue is expected to grow from $974 million in 2024 to $2.3 billion in 2025 [19] - Some Paramount shareholders and analysts expressed concerns about the deal, with one analyst calling it "a bad deal" [16][17] - Paramount's second-largest shareholder urged the FCC to review Skydance's finances, which could delay the deal's closing [17] Industry Context - The Skydance-Paramount deal contrasts with Amazon's acquisition of MGM, which was valued at 27.5 times EBITDA [16] - Skydance is known for co-producing major film franchises like "Mission: Impossible" and "Top Gun" [2][13]