Monday, July 08, 2024

The Heartwarming Original Comedy 'IF' Comes to Paramount+ on July 9

THE HEARTWARMING ORIGINAL COMEDY IF
COMES TO PARAMOUNT+ JULY 9

IF

July 8, 2024 – Paramount+ today announced that Paramount Pictures’ IF, the heartfelt original comedy for the whole family, will be available to stream on the service beginning Tuesday, July 9 in the U.S. and Canada. The film’s availability in additional international Paramount+ markets will be announced at a later date.

Try Paramount+ for FREE at ParamountPlus.com.


IF debuted in theaters in May, opening to #1 at the domestic box office and has grossed more than $185 million worldwide and counting.

Starring Cailey Fleming, Ryan Reynolds and John Krasinski, IF is a heartwarming and hilarious tale about a girl who discovers that she can see everyone’s imaginary friends, known as IFs. She embarks on a magical journey to reconnect forgotten IFs with their kids, before they disappear. An adventure you'll need to believe to see, IF is perfect for the whole family. Written and directed by John Krasinski, the film also features a stellar voice cast including Phoebe Waller-Bridge and Steve Carell.

Paramount Pictures presents IF, a Sunday Night / Maximum Effort Production and a film by John Krasinski, written and directed by John Krasinski (A Quiet Place franchise, The Office). The film is produced by Allyson Seeger, p.g.a., John Krasinski, p.g.a., Andrew Form, p.g.a., and Ryan Reynolds and is executive produced by John J. Kelly, George Dewey and Kimberly Nelson LoCascio with music by Michael Giacchino. 

IF is rated PG for thematic elements and mild language. 

IF

About Paramount+

Paramount+, part of Paramount’s (Nasdaq: PARA, PARAA) global portfolio of multimedia entertainment and news brands, is a direct-to-consumer digital subscription video on-demand and live streaming service, combining live sports, breaking news and A Mountain of Entertainment™. The streaming service features an expansive library of original series, hit shows and popular movies across every genre from world-renowned brands and production studios, including BET, CBS, Comedy Central, MTV, Nickelodeon, Paramount Pictures and the Smithsonian Channel. Paramount+ with SHOWTIME®, the service's cornerstone plan, is also home to SHOWTIME® content, including scripted hits and critically acclaimed nonfiction projects and films. This premium plan includes unmatched events and sports programming through the local live CBS stream, including golf, basketball and more. All Paramount+ subscribers have streaming access to CBS News Network for 24/7 news and CBS Sports HQ for sports news and analysis.

For more information about Paramount+, please visit www.paramountplus.com, and follow @ParamountPlus on social media.

About Paramount Pictures

Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Paramount Global (NASDAQ: PARA, PARAA), a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Paramount Pictures has some of the most powerful brands in filmed entertainment, including Paramount Pictures, Paramount Animation, and Paramount Players. PPC operations also include Paramount Home Entertainment, Paramount Pictures International, Paramount Licensing Inc., and Paramount Studio Group.

@ParamountPlus
#ParamountPlus

* * *

Stream a Mountain of Entertainment, including your Nickelodeon favorites on Paramount+! Try it FREE at ParamountPlus.com!


Originally published: July 08, 2024.

Follow NickALive! on TwitterRedditInstagramFacebookGoogle NewsTumblrvia RSS and more for the latest Nickelodeon and Paramount Plus News and Highlights!

Skydance Media and Paramount Global Sign Definitive Agreement to Advance Paramount as a World-Class Media and Technology Enterprise

SKYDANCE MEDIA AND PARAMOUNT GLOBAL SIGN DEFINITIVE AGREEMENT TO ADVANCE PARAMOUNT AS A WORLD-CLASS MEDIA AND TECHNOLOGY ENTERPRISE

Paramount x Skydance Media logo

Ellison Family and RedBird Capital Partners to Invest Over $8 Billion in New Paramount and to Acquire National Amusements, Inc.

Paramount Class A Stockholders to Receive $23 Per Share in Cash/Stock Election, Class B Stockholders to Receive $15 Per Share in Cash/Stock Election; Cash Consideration Available to Public Shareholders Totals $4.5 Billion

  • Next generation leadership team to take helm, led by David Ellison as Chairman and Chief Executive Officer, and Jeff Shell as President; Skydance plans to enhance and reinvigorate marquee Paramount and CBS brands
  • New Paramount will be a creative-driven destination for storytellers dedicated to delivering top-quality content
  • Paramount’s premier content platform to be enhanced and powered by best-in-class technology and modernized infrastructure offering scalability and ingenuity focused on delivering content through wholly-owned DTC platforms of Paramount+ and Pluto while enhancing CBS and Paramount’s linear networks
  • Ellison team plans to reposition Paramount to improve profitability, foster stability and independence for creators, and enable more investment in faster growing digital platforms
  • Skydance will merge with Paramount in an all-stock transaction, valuing Skydance at $4.75 billion; Skydance equity holders will receive 317 million Class B Shares valued at $15 per share
  • Skydance Investor Group, comprised of the Ellison Family and RedBird Capital Partners, to invest $2.4 billion to acquire National Amusements for cash and $4.5 billion for the stock/cash merger consideration to be paid for publicly traded Class A shares and Class B shares, as well as $1.5 billion of primary capital to be added to Paramount’s balance sheet
  • Post transaction close, Skydance Investor Group will own 100% of New Paramount Class A Shares and 69% of outstanding Class B shares, or approximately 70% of the pro forma shares outstanding
  • The per share cash election amount to be offered to Paramount’s stockholders represents a 48% premium to the price of the Class B stock as of July 1, 2024, and a 28% premium to the Class A stock on the same date. By continuing to own shares of the newly combined company, Paramount Class B stockholders will have the opportunity to participate in New Paramount’s long-term value creation potential
  • Skydance and Paramount to host investor call at 8:30 a.m. Eastern on July 8, 2024

LOS ANGELES and NEW YORK, July 07, 2024 -- Skydance Media (“Skydance”) and Paramount Global (NASDAQ: PARA, PARAA) (“Paramount”) today announced that they have entered into a definitive agreement to form “New Paramount” – a next-generation media and technology leader, through a two-step transaction including the acquisition of National Amusements, Inc. (“NAI”), which holds the controlling share stake in Paramount, and subsequently a merger of Skydance and Paramount Global.

The transaction combines the Skydance Investor Group’s (“Skydance IG”) financial resources, deep operating experience, and expertise in cutting-edge technology with Paramount’s iconic IP, deep film and television library, proven hit-making capabilities, and linear and streaming platforms that reach millions of viewers. New Paramount will be a premier, creative-first destination for storytellers, dedicated to top-quality content and will be positioned to improve profitability, foster stability and independence for creators, and enable more investment in growth areas. The transaction will stabilize and strengthen Paramount as a world-class media enterprise, with a focus on technological advancements, across multiple entertainment platforms including animation, gaming, film, sports, news and television.

The management team of New Paramount, led by David Ellison as Chairman and Chief Executive Officer and Jeff Shell as President, will draw on a wealth of operational experience and proven expertise in driving creative and media company growth designed to improve Paramount’s performance and foster further advancement.

Shari Redstone, Chair of Paramount Global and Chair, President, and CEO of National Amusements, Inc. said, “In 1987, my father, Sumner Redstone, acquired Viacom and began assembling and growing the businesses today known as Paramount Global. He had a vision that "content was king" and was always committed to delivering great content for all audiences around the world. That vision has remained at the core of Paramount’s success and our accomplishments are a direct result of the incredibly talented, creative, and dedicated individuals who work at the company. Given the changes in the industry, we want to fortify Paramount for the future while ensuring that content remains king. Our hope is that the Skydance transaction will enable Paramount’s continued success in this rapidly changing environment. As a longtime production partner to Paramount, Skydance knows Paramount well and has a clear strategic vision and the resources to take it to its next stage of growth. We believe in Paramount and we always will.”

Importantly, the transaction preserves the over 100-year-old legacy of Paramount as one of Hollywood’s most iconic production companies and CBS’s stature as a cherished source of news and entertainment. It also preserves American jobs, fosters continued innovation and secures a prosperous future for the creative community at Paramount, while protecting the legacy that viewers across the globe know and love.

With a 15-year history of partnering on highly successful projects, the Skydance-Paramount combination will unite key intellectual property and enhance Paramount’s exposure in cutting-edge and next-generation digital businesses. Skydance’s exceptional pool of in-house creative animation talent, led by pioneer John Lasseter, will expand Paramount’s animation capabilities as well as consumer products opportunities over the long-term.

Skydance offers Paramount critical investment and significant entrees into burgeoning new entertainment and media verticals with clear economic upsides. For example, Skydance brings state-of-the-art interactive and gaming proficiencies, including two in-house game developer studios with industry-leading franchises, such as Skydance’s upcoming console games in Marvel and Star Wars and hit VR game, The Walking Dead. Skydance also brings an exciting partnership with the NFL, which complements the resources of CBS and its local affiliates, creating a premier global multi-sports studio. As a long-term global rights buyer with expansive distribution across both direct-to-consumer and linear channels, Paramount’s value proposition will be complemented as a result of the transaction.

David Ellison, Founder and Chief Executive Officer of Skydance said: “This is a defining and transformative time for our industry and the storytellers, content creators and financial stakeholders who are invested in the Paramount legacy and the longevity of the entertainment economy. I am incredibly grateful to Shari Redstone and her family who have agreed to entrust us with the opportunity to lead Paramount. We are committed to energizing the business and bolstering Paramount with contemporary technology, new leadership and a creative discipline that aims to enrich generations to come.”

Gerry Cardinale, Founder and Managing Partner of RedBird Capital said: “The recapitalization of Paramount and combination with Skydance under David Ellison’s leadership will be an important moment in the entertainment industry at a time when incumbent media companies are increasingly challenged by technological disintermediation. As one of the iconic media brands and libraries in Hollywood, Paramount has the intellectual property foundation to ensure longevity through this evolution – but it will require a new generation of visionary leadership together with experienced operational management to navigate this next phase. RedBird is making a substantial financial investment in partnership with the Ellison family because we believe that the pro forma company under this leadership team will be the pace car for how these incumbent legacy media businesses will need to be run in the future.”

On behalf of the Special Committee, Charles E. Phillips, Jr. said: “We are pleased to have reached an agreement that we believe delivers to Paramount stockholders both immediate value and future upside opportunity. The Special Committee, with the assistance of independent financial and legal advisors, conducted a thorough review of actionable potential transactions to drive value for our stockholders. In addition to economic value, the Special Committee took into account the certainty of closing and regulatory approvals. Following extensive negotiations with Skydance, we believe this proposed transaction will position Paramount for success in a rapidly evolving industry landscape. Upon closing, it will deliver immediate cash consideration at a premium to both the minority Class A and Class B stockholders, who will also benefit from what we believe to be considerable upside through continued equity participation in New Paramount.”

Mr. Phillips continued, “The Special Committee would like to thank our Co-CEOs George Cheeks, Chris McCarthy and Brian Robbins for making significant progress on optimizing company operations in a short period of time, positioning Paramount for a sustainable transformation and a path to profitable growth going forward.”

Transaction Overview

The proposed merger creates immediate value, upside opportunity and stability for all of Paramount’s stockholders and employees during a period of industry transition. Under the terms of the agreement, which has been approved by the Paramount Board of Directors, acting on the unanimous recommendation of the Special Committee, and by National Amusements, Inc. (“NAI”), majority owner of Paramount’s Class A stock, Skydance will merge with Paramount in a transaction valuing New Paramount at an enterprise value of approximately $28 billion. Existing Skydance investors will receive 317 million newly issued Class B shares in New Paramount valuing Skydance at $4.75 billion based on $15 per Paramount Class B share.

Skydance IG, led by the Ellison Family and RedBird Capital Partners, will invest up to $6 billion to:

  1. Offer Class A stockholders other than NAI an election to receive in the merger $23 cash per share or 1.5333 shares of Class B stock of New Paramount;
  2. Offer Class B stockholders other than NAI an election to receive in the merger $15 cash per share or one share of Class B stock of New Paramount, subject to proration if Class B elections exceed $4.3 billion in the aggregate (approximately 48% of the non-NAI float as of the date of this release);
  3. Use the additional capital to paydown debt and re-capitalize the balance sheet of New Paramount to support strategic initiatives.

The merger consideration represents a 48% premium to the price of the Class B stock as of July 1, 2024, and a 28% premium to the Class A stock on the same date. Also, by continuing to own shares of the new combined company, Paramount Class B stockholders will have the opportunity to participate in the new company's long-term value creation potential.

NAI and its owners have entered into a definitive agreement to sell NAI to Skydance IG for $2.4 billion on a cash-free, debt-free basis. Following completion of the transaction, only Skydance IG will hold Class A shares.

Following the close of the transaction and the growth equity investment and assuming full participation in the cash election by Class B stockholders, Class B stockholders will own approximately 30% of the outstanding equity of New Paramount and Skydance IG will own approximately 70% of the outstanding equity of New Paramount.

Management Team and Synergies

When the transaction closes, David Ellison will become Chairman and Chief Executive Officer. Jeff Shell, Chairman of RedBird Sports & Media and former CEO of NBCUniversal, will be President. Mr. Ellison, as the founder and Chief Executive Officer of Skydance, brings hands-on experience in building a successful creative media and technology-enabled enterprise, with a proven track record of strong content development including runaway hits like Top Gun: Maverick. Mr. Shell brings deep operational expertise in leading and transforming media and entertainment businesses.

The transaction will strengthen Paramount and enhance its balance sheet flexibility, allowing the Company to invest in new initiatives and deliver greater cash flow growth. The transaction serves as a catalyst to re-imagine the Company’s operating model, transform its technology platform, streamline its organization and accelerate other initiatives already underway.

The overriding objective of the repositioned New Paramount platform and properties is to bring stability to the business, protect creative independence and to enable investment in growth initiatives.

Board Approval

On January 2, 2024, the Board of Directors of Paramount formed a Special Committee of independent directors to evaluate strategic alternatives, including third party proposals. The Special Committee reviewed, negotiated, unanimously approved and recommended the Skydance transaction for approval by the Board. Following formal approval by the Board, the Transaction Agreement was signed.

Transaction Approvals

NAI, which holds approximately 77% of the Paramount Class A shares, has delivered a written consent approving the transaction. No further stockholder approval is required. The consummation of the transaction is not subject to any financing condition. Completion of this transaction is subject to regulatory approvals and other customary closing conditions. The transaction is anticipated to close in the first half of 2025.

“Go-Shop” and Further Information

The definitive Transaction Agreement includes a 45-day go-shop period during which the Special Committee of Paramount’s Board of Directors, with the assistance of its financial advisors, will be permitted to actively solicit and evaluate alternative acquisition proposals. There can be no assurance that this process will result in a superior proposal, and Paramount does not intend to disclose developments with respect to the go-shop process unless and until it determines such disclosure is appropriate or is otherwise required.

Further information regarding terms and conditions contained in the Transaction Agreement will be made available in the Company’s Current Report on Form 8-K, to be filed in connection with this transaction.

Investor Call Details
Skydance and Paramount will host a call to discuss the transaction with securities analysts on Monday, July 8, 2024, at 8:30 a.m. ET. A webcast of the meeting will be available in a listen-only mode to individual investors, media, and other interested parties via edge.media-server.com/mmc/p/vrzasxwd or on Paramount’s website at ir.paramount.com under the “Investors” section. Presentation materials for the call will be available prior to the call at approximately 8:15 a.m. ET and located under “Events and Presentations” in the “Investors” section on the Paramount website.

Advisors
RedBird Advisors, BofA Securities, Inc., Moelis & Company LLC and The Raine Group serve as financial advisors to Skydance and the Investor Group. Latham & Watkins LLP serves as legal counsel to Skydance and the Investor Group. Sullivan & Cromwell LLP serves as legal counsel to RedBird Capital Partners. BDT & MSD Partners serves as financial advisor to National Amusements, Inc. and Ropes & Gray LLP serves as legal counsel. Centerview Partners LLC serves as financial advisor to the Paramount Special Committee and Cravath, Swaine & Moore LLP serves as legal counsel. Rothschild & Co serves as financial advisor to Paramount Global and Simpson Thacher & Bartlett LLP serves as legal counsel.

About Skydance
Skydance is the diversified media company founded by David Ellison in 2010 to create high-quality, event-level entertainment for global audiences. The company first launched with Feature Films and has since strategically expanded to include Television, Games, Animation, and Sports, with studios in Los Angeles, Silicon Valley, Spain, and Canada. In total, Skydance’s films have earned more than $8 billion at the worldwide box office and include the box office record-breaking and Academy Award winning film Top Gun: Maverick. The studio’s other recent releases include Mission: Impossible - Dead Reckoning and Transformers: Rise of the Beasts; as well as, The Family Plan on Apple TV+; The Adam Project and The Old Guard on Netflix, and The Tomorrow War on Prime Video. The studio’s upcoming film slate includes The Gorge, Mayday, and Fountain of Youth for Apple TV+; The Old Guard 2 for Netflix; and the eighth installment of the Mission: Impossible global franchise.

Skydance Television is a leading supplier of premium scripted content across a range of platforms including Netflix, Amazon Prime Video, and Apple TV+. The studio’s current slate includes the Emmy-nominated series Grace and Frankie, which became Netflix’s longest running series following the release of its final season last year, as well as Foundation, Reacher, Tom Clancy’s Jack Ryan, Cross, The Big Door Prize, and FUBAR. Skydance Games delivers blockbuster gaming experiences of all kinds and is known for high-quality visuals and rich narratives. Encompassing each of the company’s two gaming studios, the Skydance Games’ portfolio holds award-winning titles across console, VR, PC, and mobile, including Archangel and The Walking Dead: Saints & Sinners, and the upcoming Skydance’s Behemoth, Marvel 1943: Rise of Hydra, and a collaboration with Lucasfilm Games set in the legendary Star Wars galaxy.

Skydance Animation develops and produces high-end feature films and television series with full production capability across two studios in Los Angeles and Madrid. In addition to the studio’s first animated feature, Luck, Skydance Animation’s slate includes the upcoming feature films Spellbound, Pookoo, Ray Gunn and an untitled Jack and the Beanstalk project for Netflix and the series WondLa for Apple TV+.

Skydance Sports, the joint venture between the NFL and Skydance, develops premium scripted and unscripted sports-related content, documentaries, and events. The Sports studios’ slate includes NFL Draft: The Pick Is In, Kelce, Hard Knocks: Offseason with the New York Giants, and the Golden Globe nominated feature Air as well as an upcoming docuseries chronicling the Dallas Cowboys’ dynasty and franchise owner Jerry Jones and Holiday Touchdown: A Chiefs Love Story for the Hallmark Channel.

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, 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.

About National Amusements, Inc.
National Amusements, Inc. is a world leader in the motion picture exhibition industry operating 759 movie screens in the U.S., U.K. and Latin America. National Amusements delivers a superior entertainment experience in theatres around the world under its Showcase, Cinema de Lux, Multiplex, SuperLux and UCI brands. Based in Norwood, Massachusetts, National Amusements is a closely held company operating under the fourth generation of leadership by the Redstone family, through which they have been the majority voting shareholders of Paramount Global for more than 35 years. National Amusements, directly and through subsidiaries, owns 77.4% of the Class A (voting) common stock of Paramount Global and 5.1% of the Class B common stock, constituting approximately 9.5% of the overall equity of the Company.

About RedBird Capital Partners
RedBird Capital Partners is a private investment firm that builds high-growth companies with strategic capital solutions to founders and entrepreneurs. The firm currently manages $10 billion in assets on behalf of a global group of blue-chip institutional and family office investors. Founded in 2014 by Gerry Cardinale, RedBird integrates sophisticated private equity investing with a hands-on business-building mandate that focuses on three core industry verticals – Sports, Media & Entertainment, and Financial Services. Over his 30-year investment career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic growth companies in their respective industries. For more information, please go to www.redbirdcap.com.

Important Information About the Transactions and Where to Find It
In connection with the proposed transactions involving Paramount, Skydance and NAI (the “Transactions”), Paramount will file with the Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4 that will include an information statement on Schedule 14C and that will also constitute a prospectus of Paramount. Paramount may also file other documents with the SEC regarding the Transactions.

This document is not a substitute for the information statement/prospectus or registration statement or any other document that Paramount may file with the SEC. INVESTORS AND SECURITY HOLDERS OF PARAMOUNT ARE URGED TO READ THE REGISTRATION STATEMENT, WHICH WILL INCLUDE THE INFORMATION STATEMENT/PROSPECTUS, AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTIONS AND RELATED MATTERS. Investors and security holders may obtain free copies of the registration statement on Form S-4 (when available), which will include the information statement/prospectus, and other documents filed with the SEC by Paramount through the website maintained by the SEC at www.sec.gov or by contacting the investor relations department of Paramount (+1-646-824-5450; jaime.morris@paramount.com).

No Offer or Solicitation
This communication is for informational purposes only and is not intended to and does not constitute an offer to subscribe for, buy or sell, or the solicitation of an offer to subscribe for, buy or sell, or an invitation to subscribe for, buy or sell, any securities or a solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in an jurisdiction in which such offer, invitation, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

Cautionary Notes on Forward-Looking Statements
This communication contains both historical and forward-looking statements, including statements related to our future results, performance and achievements. All statements that are not statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Similarly, statements that describe our objectives, plans or goals are or may be forward-looking statements. These forward-looking statements reflect our current expectations concerning future results and events; generally can be identified by the use of statements that include phrases such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “foresee,” “likely,” “will,” “may,” “could,” “estimate” or other similar words or phrases; and involve known and unknown risks, uncertainties and other factors that are difficult to predict and which may cause our actual results, performance or achievements to be different from any future results, performance or achievements expressed or implied by these statements. Important risk factors that may cause such a difference include, but are not limited to: (i) that the Transactions may not be completed on anticipated terms and timing (or at all), (ii) that a condition to closing of the Transactions may not be satisfied, including the failure to receive any required regulatory approvals from any applicable governmental entities (or any conditions, limitations or restrictions placed on such approvals), (iii) that the anticipated tax treatment of the Transactions may not be obtained, (iv) the potential impact of unforeseen liabilities, future capital expenditures, revenues, costs, expenses, earnings, synergies, economic performance, indebtedness, financial condition and losses on the future prospects, business and management strategies for the management, expansion and growth of the combined business after the consummation of the Transactions, (v) potential litigation relating to the Transactions that could be instituted against Paramount or its directors, (vi) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the Transactions, (vii) any negative effects of the announcement, pendency or consummation of the Transactions on the market price of Paramount’s common stock and on Paramount’s or Skydance’s operating results, (viii) risks associated with third party contracts containing consent and/or other provisions that may be triggered by the Transactions, (ix) the risks and costs associated with the integration of, and the ability of Paramount and Skydance to integrate, the businesses successfully and to achieve anticipated synergies, (x) the risk that disruptions from the Transactions will harm Paramount’s business, including current plans and operations or by diverting management’s attention Paramount’s ongoing business operations, (xi) the ability of Paramount to retain and hire key personnel and uncertainties arising from leadership changes, (xii) legislative, regulatory and economic developments, (xiii) the other risks described in Paramount’s most recent annual report on Form 10-K and quarterly report on Form 10-Q, and (xiv) management’s response to any of the aforementioned factors. There may be additional risks, uncertainties and factors that we do not currently view as material or that are not necessarily known.

These risks, as well as other risks associated with the Transactions, will be more fully discussed in the information statement/prospectus that will be included in the registration statement on Form S-4 that will be filed with the SEC in connection with the Transactions. While the list of factors presented here is, and the list of factors to be presented in the registration statement on Form S-4 is, considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on Paramount’s consolidated financial condition, results of operations, credit rating or liquidity. The forward-looking statements included in this communication are made only as of the date of this communication, and we do not undertake any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances, except as otherwise required by applicable law.

###

Read Shari Redstone's memo to staff below:

Good evening. Just moments ago, it was announced that we have entered into an agreement under which Skydance Media will acquire National Amusements and merge Skydance’s business with Paramount Global. I wanted to take this opportunity to reach out to you directly not only to share the news, but to express my tremendous gratitude to each and every one of you for what we have been able to accomplish together for the past several decades.

As you know, my father built Viacom and CBS by bringing together a group of the best assets in media, news, and entertainment. While people often debated whether content or distribution ruled the day, my father was governed in all of his decisions by his belief that content was indeed king. That has never been more important than it is today, when in a cluttered marketplace, we continue to create content that resonates with our consumers, that they continually seek out, and that keeps them wanting more. Our success is because of you, what you have done individually, and even more importantly, as a team.

Seeing the way you have come together since we launched Paramount Global has been one of the highlights of my years at this company, and your accomplishments are evident across the business. Paramount+ is among the fastest-growing streaming services with an exceptional range of content appealing to all demographics. CBS has been the #1 broadcast network for 16 years and running, with clear strength across genres. Paramount Pictures has produced eight #1 movies in the past two years alone and continues to create hit after hit. Our linear networks have delivered culture-shaping content that excites audiences, including the launch of the “Taylor Sheridan universe” with Yellowstone on the Paramount Network. And, Pluto TV is today the most widely distributed FAST service.

As all this was accomplished, we remained dedicated to educating and informing ourselves and our audiences in our efforts to fight hate and discrimination, and supporting other important causes in the US and around the world. I am so grateful to all of you for what we have been able to accomplish to make a difference.

Our family has always been committed to continuing my Dad’s legacy and ensuring Paramount’s enduring success. Consistent with that, as the pace of change in the industry has continued to accelerate, it has been our responsibility to work with leadership to make changes in order to maintain our competitive position and fuel growth, thinking of both the near and longer term. Most recently, this led to the appointment of George Cheeks, Chris McCarthy, and Brian Robbins as Co-CEOs, to take the meaningful actions necessary to bolster the Company both operationally and financially. I think we can all agree on their enormous contributions to this company. At the same time, as you know, our Board has focused on ensuring we are pursuing all opportunities to best position the Company for the future and maximize value creation for all shareholders.

As a longtime production partner to Paramount, Skydance is well aware of what we have accomplished over the years and it is for that reason that they have pursued a combination with Paramount. They have a clear strategic vision for the future and the resources to build on Paramount Global’s competitive advantages to drive the Company’s success.

The agreement we entered into today is subject to closing conditions, and we expect the deal to be completed in the first half of 2025. Until then, George, Chris, and Brian will continue to lead the Company, and they will be sharing more with you shortly. I of course will also be here to cheer you on, and assist in any way that I can. It has truly been my honor to work with all of you these past several years, and to see so many of our dreams come to fruition.

I want to express my deepest thanks to you for your commitment, hard work, and most importantly your support of my family and me. Against a challenging industry backdrop and many changes at the company, you have protected Paramount’s assets and delivered for our audiences. As I have said before, and I will always say, we have the best people in the business here at Paramount and it is truly a privilege to work with you. I will always treasure the relationships I have had with you and the ways we have worked together to distinguish ourselves in our industry.

All the best, Shari

Notes:

Jeff Shell, who will be President of New Paramount, said in a conference call this morning that the company has identified more than $2 billion in potential cost cuts it can make, much of it from its linear media operations, and "quickly". A sale of BET has been highly expected.

David Ellison, the to-be Chairman/CEO, envisions a new company that combined Skydance’s animation business with that of Nickelodeon.

CBS, Nickelodeon, MTV and Comedy Central are the only traditional TV operations mentioned today. Another clear sign they plan to sell BET and its related media.

Also: "Utilize AI to turbocharge content
creation capabilities that improve overall
productivity and lower cost".

There is a 45-day window where Paramount can take other offers, but would have to pay Skydance $400M if they do.

However, the final close on everything isn't expected until 3Q 2025. The current three-person Office of the CEO is expect to continue until then.

Stream a Mountain of Entertainment, including your Nickelodeon favorites on Paramount+! Try it FREE at ParamountPlus.com!


Originally published: July 08, 2024 at 22:22 BST.

Additional sources: RegularCapital, What's on Paramount+.

Follow NickALive! on TwitterRedditInstagramFacebookGoogle NewsTumblrvia RSS and more for the latest Nickelodeon and Paramount Global News and Highlights!

Paramount Global's Special Committee Unanimously Approves Merger with Skydance Media

PARAMOUNT GLOBAL'S SPECIAL COMMITTEE UNANIMOUSLY APPROVES MERGER WITH SKYDANCE MEDIA

Paramount Mountain

NEW YORK, July 7, 2024 -- The Special Committee of the Board of Directors (the "Special Committee") of Paramount Global (NASDAQ: PARA, PARAA) ("Paramount" or "the Company") today confirmed that it has unanimously approved a merger agreement between Paramount and Skydance Media, LLC ("Skydance").

The Special Committee was formed on January 2, 2024, at the request of Paramount's controlling stockholder, National Amusements, Inc. ("NAI"), to evaluate potential transactions involving both NAI and Paramount as NAI considered its options relating to its investment in Paramount. The Special Committee retained independent financial and legal advisors, Centerview Partners LLC and Cravath, Swaine & Moore LLP respectively. Over a period of more than six months, the Special Committee considered multiple approaches and constructs from various counterparties and solicited interest from potential counterparties for an acquisition of Paramount.

The merger agreement includes a 45-day "go-shop" period, which permits the Special Committee and its representatives to actively solicit and consider alternative acquisition proposals. There can be no assurance that this process will result in a superior proposal, and the Company does not intend to disclose developments with respect to the go-shop process unless and until it determines such disclosure is appropriate or is otherwise required.

On behalf of the Special Committee, Charles E. Phillips, Jr. said: "We are pleased to have reached an agreement that we believe delivers to Paramount stockholders both immediate value and future upside opportunity. The Special Committee, with the assistance of independent financial and legal advisors, conducted a thorough review of actionable potential transactions to drive value for our stockholders. In addition to economic value, the Special Committee took into account the certainty of closing and regulatory approvals. Following extensive negotiations with Skydance, we believe this proposed transaction will position Paramount for success in a rapidly evolving industry landscape. Upon closing, it will deliver immediate cash consideration at a premium to both the minority Class A and Class B stockholders, who will also benefit from what we believe to be considerable upside through continued equity participation in New Paramount."

Mr. Phillips continued, "The Special Committee would like to thank our Co-CEOs George Cheeks, Chris McCarthy and Brian Robbins for making significant progress on optimizing company operations in a short period of time, positioning Paramount for a sustainable transformation and a path to profitable growth going forward."

Further information regarding terms and conditions contained in the merger agreement will be available on the investor relations section of Paramount's website at https://ir.paramount.com/ and in a joint press release issued earlier today by Paramount and Skydance.

Important Information About the Transactions and Where To Find It
In connection with the proposed transactions involving Paramount, Skydance and NAI (the "Transactions"), Paramount will file with the Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 that will include an information statement on Schedule 14C and that will also constitute a prospectus of Paramount. Paramount may also file other documents with the SEC regarding the Transactions.

This document is not a substitute for the information statement/prospectus or registration statement or any other document that Paramount may file with the SEC. INVESTORS AND SECURITY HOLDERS OF PARAMOUNT ARE URGED TO READ THE REGISTRATION STATEMENT, WHICH WILL INCLUDE THE INFORMATION STATEMENT/PROSPECTUS, AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTIONS AND RELATED MATTERS. Investors and security holders may obtain free copies of the registration statement on Form S-4 (when available), which will include the information statement/prospectus, and other documents filed with the SEC by Paramount through the website maintained by the SEC at www.sec.gov or by contacting the investor relations department of Paramount (+1-646-824-5450; jaime.morris@paramount.com).

No Offer or Solicitation
This communication is for informational purposes only and is not intended to and does not constitute an offer to subscribe for, buy or sell, or the solicitation of an offer to subscribe for, buy or sell, or an invitation to subscribe for, buy or sell, any securities or a solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, invitation, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

Cautionary Notes on Forward-Looking Statements
This communication contains both historical and forward-looking statements, including statements related to our future results, performance and achievements. All statements that are not statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Similarly, statements that describe our objectives, plans or goals are or may be forward-looking statements. These forward-looking statements reflect our current expectations concerning future results and events; generally can be identified by the use of statements that include phrases such as "believe," "expect," "anticipate," "intend," "plan," "foresee," "likely," "will," "may," "could," "estimate" or other similar words or phrases; and involve known and unknown risks, uncertainties and other factors that are difficult to predict and which may cause our actual results, performance or achievements to be different from any future results, performance or achievements expressed or implied by these statements.

Important risk factors that may cause such a difference include, but are not limited to: (i) that the Transactions may not be completed on anticipated terms and timing (or at all), (ii) that a condition to closing of the Transactions may not be satisfied, including the failure to receive any required regulatory approvals from any applicable governmental entities (or any conditions, limitations or restrictions placed on such approvals), (iii) that the anticipated tax treatment of the Transactions may not be obtained, (iv) the potential impact of unforeseen liabilities, future capital expenditures, revenues, costs, expenses, earnings, synergies, economic performance, indebtedness, financial condition and losses on the future prospects, business and management strategies for the management, expansion and growth of the combined business after the consummation of the Transactions, (v) potential litigation relating to the Transactions that could be instituted against Paramount or its directors, (vi) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the Transactions, (vii) any negative effects of the announcement, pendency or consummation of the Transactions on the market price of Paramount's common stock and on Paramount's or Skydance's operating results, (viii) risks associated with third party contracts containing consent and/or other provisions that may be triggered by the Transactions, (ix) the risks and costs associated with the integration of, and the ability of Paramount and Skydance to integrate, the businesses successfully and to achieve anticipated synergies, (x) the risk that disruptions from the Transactions will harm Paramount's business, including current plans and operations or by diverting management's attention Paramount's ongoing business operations, (xi) the ability of Paramount to retain and hire key personnel and uncertainties arising from leadership changes, (xii) legislative, regulatory and economic developments, (xiii) the other risks described in Paramount's most recent annual report on Form 10-K and quarterly report on Form 10-Q, and (xiv) management's response to any of the aforementioned factors. There may be additional risks, uncertainties and factors that we do not currently view as material or that are not necessarily known.

These risks, as well as other risks associated with the Transactions, will be more fully discussed in the information statement/prospectus that will be included in the registration statement on Form S-4 that will be filed with the SEC in connection with the Transactions. While the list of factors presented here is, and the list of factors to be presented in the registration statement on Form S-4 is, considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on Paramount's consolidated financial condition, results of operations, credit rating or liquidity. The forward-looking statements included in this communication are made only as of the date of this communication, and we do not undertake any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances, except as otherwise required by applicable law.

###

With this agreement, Shari Redstone, Paramount‘s non-executive chair, will sell her family’s controlling stake in the company. This will be a complex transaction, which will result in the new firm being worth around $28b (£21.9b).

The merger with Skydance Media will mark the end of an era for the Redstone family, whose late patriarch, Sumner Redstone, reshaped a chain of drive-in cinemas into a vast media empire.

Apart from Paramount, the group also includes television networks such as Nickelodeon, CBS, Comedy Central, and MTV.

In a statement, Shari said: “Our hope is that the Skydance transaction will enable Paramount’s continued success in this rapidly changing environment.”

According to the company, its TV channels have a global reach of over 4.3b subscribers in more than 180 countries.

Under the merger, Skydance will invest around $8b into Paramount, which will include paying $2.4b for National Amusements, which controls the group and owns about 10% of Paramount Group’s shares, but accounts for around 80% of its voting rights.

Paramount has stated that it is expecting to close the deal by summer 2025.

The announcement of the merger came after eight months of deliberations that saw Shari holding talks with several potential partners, including Sony and Apollo, a private equity firm.

In April, Bob Bakish, Paramount’s chief executive, left the company after clashes with Shari Redstone on the Skydance merger.

Stream a Mountain of Entertainment, including your Nickelodeon favorites on Paramount+! Try it FREE at ParamountPlus.com!


Originally published: July 08, 2024.

Follow NickALive! on TwitterRedditInstagramFacebookGoogle NewsTumblrvia RSS and more for the latest Nickelodeon and Paramount Global News and Highlights!

Classic Rugrats Comic Strip for July 7, 2024 | Nickelodeon

Classic Rugrats Comic Strip for July 7, 2024 | Nickelodeon

Classic Rugrats Comic Strip for July 7, 2024 | Nickelodeon

Stream the classic Rugrats series on Paramount+! Try it FREE at ParamountPlus.com!

Rugrats, provided to Creators Syndicate by Nickelodeon, based off the popular animated television series has been created for children and family's to laugh and enjoy together.

Follow these comics and their take on real episodes of the show and their own spin on hilarious adventures.

Read more Rugrats comic strips!: https://www.creators.com/features/rugrats

More Nick: Paramount+ Renews 'Rugrats' For Season 3!

Follow NickALive! on TwitterRedditInstagramFacebookGoogle NewsTumblrvia RSS and more for the latest Classic Nickelodeon, NickRewind and Rugrats News and Highlights!

Week 28, 2024 | What's On Nick | Nickelodeon Premiere Highlights

Your guide to What's New on Nickelodeon for the week of Monday, July 8 - Sunday, July 14, 2024!



For Nickelodeon's full July 2024 highlights, click here!

Kids' Choice Awards 2024: Vote for Your Favorites at KidsChoiceAwards.com!

Join NickALive! on Threads and Bluesky!



All times ET/PT.

Monday, July 8, 2024

5:09 a.m. on Nick@Nite - The Neighborhood - Welcome To The Team: When Grover joins Calvin's youth basketball team, Gemma finds herself at odds with some of her neighbor's coaching methods. Also, Tina and Marty are forced to confront a long-buried Butler family secret. (#NEI218)

5:34 a.m. on Nick@Nite - The Neighborhood - Welcome To The Jump: When Tina receives unexpected news, Calvin, Dave and Gemma encourage her to embrace a new chapter by taking a big leap of faith, literally, by learning to skydive. Also, Marty helps Grover create a 'battle bot' for a school science competition. (#NEI219)

12:00 p.m. - The Creature Cases - The Mysterious Fruit Thief: Someone snatches all the fruit from an orangutan's island in the jungle. (#1.)

7:00 p.m. - SpongeBob SquarePants - The Best Of Mr. Krabs!: Catch all the funniest moments from Bikini Bottom's money loving crustacean, Mr. Krabs! (S13 E8672; compilation)

Tuesday, July 9, 2024

4:21 a.m. on Nick@Nite - The Neighborhood - Welcome To The Speed Bump: Dave notices cars are starting to speed down his and Calvin's street after a GPS app recently made the neighborhood an alternate route to avoid traffic. (#NEI220)

4:55 a.m. on Nick@Nite - The Neighborhood - Welcome To The Standoff: Dave and Gemma are prompted into action following a surprise delivery, as well as Calvin and Tina, to examine the power dynamics in their respective relationships. (#NEI222; season two finale)

5:27 a.m. on Nick@Nite - The Neighborhood - Welcome To The Movement: The Butlers and Johnsons unite when a member of their community is the victim of racial injustice. (#NEI301; season three premiere)

12:00 p.m. - The Creature Cases - The Riddle of the Wrestling Lizards: The agents try to bring some peace to a pair of brawling Gila monsters. (#1.)

Podcast - Avatar: Braving the Elements - Zuko & Sokka Cause A Prison Riot On Vacation: Ever wondered what it’s like to rewatch your favorite Avatar episodes with Zuko and Korra themselves? Join Dante Basco and Janet Varney as they revisit the Boiling Rock in the EPIC prison break episode from Avatar: The Last Airbender! From behind the scenes trivia and exclusive (and hilarious) insights, this episode of the Braving The Elements Podcast is anything but rough, buddy! [Watch]

Wednesday, July 10, 2024

3:01 a.m. on Paramount+ - SpongeBob Universe: Kamp Koral: SpongeBob's Under Years season 2 boxset drop. (#201-#213); SpongeBob SquarePants (Season 13); The Patrick Star Show (Season 2)

4:21 a.m. on Nick@Nite - The Neighborhood - Welcome To The Election: Dave faces off against incumbent Isaiah Evans in a debate for a city council seat; the race comes to a dramatic conclusion. (#NEI302)

4:55 a.m. on Nick@Nite - The Neighborhood - Welcome To The Rooster: The arrival of Wyatt, an eco-conscious new neighbor, and his pet rooster disrupts the community; when Tina stops by Marty's apartment for a surprise visit, the youngest Butler son is forced to come clean about a long-held secret. (#NEI304)

5:27 a.m. on Nick@Nite - The Neighborhood - Welcome To The Road Trip: Calvin and Dave embark on their first road trip together to a classic car show, only to hit an unexpected roadblock that tests their friendship; Tina and Gemma decide to take home repairs at the Butlers' into their own hands. (#NEI305)

12:00 p.m. - The Creature Cases - The Disappearing Dung Ball: The Stinkwell skunks help the duo find a beetle couple's dung ball. (#1.)

Podcast - Ned's Declassified Podcast Survival Guide: Dive back into the classic Nickelodeon show to relive all the wacky moments, lessons learned, and all the crushes had. Whether you're a nostalgic fan or discovering the show for the first time, join us for a wild ride through the halls of James K. Polk Middle School. Get ready for some new survival guide tips, tricks, and ridiculous anecdotes from the ultimate podcast survival guide.

Thursday, July 11, 2024

4:21 a.m. on Nick@Nite - The Neighborhood - Welcome To The Turnaround: Gemma's troublemaking sister returns, claiming she's turned over a new leaf; Dave finally convinces Calvin to accompany him to an escape room, where they both get more than they bargained for. (#NEI306)

4:55 a.m. on Nick@Nite - The Neighborhood - Welcome To The Property: When Calvin discovers a member of the community plans to sell to greedy developers, he vows to find a buyer closer to home instead; the Butlers and Johnsons soon realize that the dilapidated property will require more work than they expected. (#NEI308)

5:27 a.m. on Nick@Nite - The Neighborhood - Welcome To The Shakedown: When Gemma's phone is stolen, Dave and Calvin team up to get it back; Malcolm and Marty move into their new house. (#NEI309)

12:00 p.m. - The Creature Cases - The Search for the Spotted Frog: Nature ranger Wally Bunker joins Sam and Kit in the jungle to look for a pet frog. (#1.)

Friday, July 12, 2024

4:21 a.m. on Nick@Nite - The Neighborhood - Welcome To The Procedure: When Dave discovers Calvin hasn't seen a physician in nearly a decade, he insists that he schedule a physical; Calvin gets more than he bargained for when Dr. Fisher insists he undergo a routine colonoscopy. (#NEI310)

4:55 a.m. on Nick@Nite - The Neighborhood - Welcome To The Treehouse: Concerned about the safety of a treehouse Calvin's building for Grover, Dave recruits Marty to supervise covertly; an innocent mistake on Malcolm's part leads to a heated bake-off between Tina and Gemma. (#NEI312)

5:27 a.m. on Nick@Nite - The Neighborhood - Welcome To The Art Class: When Tina and Gemma get more than they bargained for in a revealing art class, Calvin can't hide his jealousy and takes drastic action; Dave, Marty and Malcolm team up to crack the case of an unfinished mystery novel. (#NEI313)

Saturday, July 13, 2024

4:21 a.m. on Nick@Nite - The Neighborhood - Welcome To The Hero: Dave earns Calvin's respect when he thwarts a robbery at the barbershop, until the recognition goes to his head and he starts exaggerating the truth; Marty invites an anxious Gemma to give his new stress-busting hobby a try. (#NEI314)

4:55 a.m. on Nick@Nite - The Neighborhood - Welcome To The Test Run: Gemma surprises Dave with wanting another baby, so he enlists a robotic doll and Marty's engineering skills to remind her how difficult a newborn is; Calvin and Tina disagree on how to proceed when they unexpectedly discover a stash of cash. (#NEI316)

5:27 a.m. on Nick@Nite - The Neighborhood - Welcome To The Invasion: When Calvin's archrivals, the Pink Ladies, move their manicure business into the local barbershop, Dave encourages him to make peace until the women take a prank too far and the guys decide to plot revenge. (#NEI317)

6:00 p.m. - Hotel Transylvania: Transformania: Van Helsing's mysterious new invention transforms Drac and his pals into humans, and Johnny into a monster. With their new mismatched bodies, Drac and the pack must find a way to switch themselves back before their transformations become permanent. 2022 • Adventure • Animated • Children • Comedy (KCA 2024 lead-in)

8:00 p.m. - Nickelodeon Kids' Choice Awards 2024: It’s time to dive into the biggest award show party of the summer: the 2024 Kids’ Choice Awards! Join SpongeBob, Patrick, and their friends in Bikini Bottom for a slime-tastic time featuring your favorite music, film, television, and social stars. (Simulcast on TeenNick, Nicktoons and Nick Jr.)

9:30 p.m. - Rock Paper Scissors - National Paper Day: Paper learns about a few eccentric holidays like Rock Day; Paper vows to get a holiday of his own. (#1; KCA 2024 lead-out)

Additional Programming Notes

Friends: We Were on a Summer Break on Nick@Nite

Dating is hard, so this summer, take a love lesson from a different Friend each week. All their do's, all their don't's, all summer long. Have the best summer fling ever with Friends: We Were on a Summer Break, all this summer on Nick@Nite!

Promos & Continuity:

Nick@Nite to Host 'Friends: We Were on a Summer Break'

Dating is hard, so this summer, take a love lesson from a different Friend each week. All their do's, all their don't's, all summer long. Have the best summer fling ever with Friends: We Were on a Summer Break, all this summer on Nick@Nite!


Subscribe to the OFFICIAL Friends YouTube channel: 

Stream a Mountain of Entertainment, including your Nickelodeon favorites on Paramount+! Try it FREE at ParamountPlus.com!


Originally published: July 08, 2024.

Follow NickALive! on TwitterRedditInstagramFacebookGoogle NewsTumblrvia RSS and more for the latest Summer on Nickelodeon and Nick at Nite News and Highlights!

SpongeBob Set to Return to Kamp Koral In New 'SpongeBob' Special 'Kreepaway Kamp'

SpongeBob and his friends are set to return to Kamp Koral in a brand-new SpongeBob SquarePants special, "Kreepaway Kamp"!

SpongeBob SquarePants

In "Kreepaway Kamp," while at Kamp Koral for a reunion, SpongeBob and the gang are stalked by a mysterious figure lurking in the shadows as campers start disappearing one by one! (#302-#303)

The production codes for the new SpongeBob episode are #302-#303, which suggests that it'll be a two-part/hour-long special.

Update (7/8) - CBS Sunday Morning has unveiled a sponge-tastic behind-the-scenes first look at the all-new SpongeBob SquarePants special!:


Watch the SpongeBob SquarePants Universe, including Kamp Koral: SpongeBob's Under Years and The Patrick Star Show on Nickelodeon and Paramount+! Try it FREE at ParamountPlus.com.


Listen to The SpongeBob Musical here!

CALLING ALL GOOFY GOOBERS! (ROCK!) Are ya ready for a deep dive into the world of SpongeBob SquarePants? The SpongeBob YouTube channel is THE PLACE for all fan-favorite SpongeBob moments! Subscribe now at https://www.youtube.com/SpongeBobOfficial!


Originally published: January 29, 2024.

Original source: Encyclopedia SpongeBobia; Additional source: @KeydalisColo.

Follow NickALive! on Twitter, RedditInstagramFacebookGoogle NewsTumblrvia RSS and more for the latest Nickelodeon and SpongeBob SquarePants Universe News and Highlights!

Hoppin' Clams! 'SpongeBob SquarePants' turns 25 | CBS Sunday Morning

Hoppin' clams! "SpongeBob SquarePants" turns 25 | CBS Sunday Morning


In the 25 years since his debut on Nickelodeon, SpongeBob SquarePants, the animated character who lives in a pineapple under the sea, has also appeared in video games, three feature films, and even a Broadway musical. For the voice actors behind SpongeBob and other denizens of Bikini Bottom, the show – a gentle, silly reminder about the value of optimism and friendship – also reminds us of the kid inside us all. Lee Cowan reports.

Watch the SpongeBob SquarePants Universe, including Kamp Koral: SpongeBob's Under Years and The Patrick Star Show on Nickelodeon and Paramount+! Try it FREE at ParamountPlus.com.

CBS News Sunday Morning features stories on the arts, music, nature, entertainment, sports, history, science and Americana, and highlights unique human accomplishments and achievements. Check local listings for CBS News Sunday Morning broadcast times.

Subscribe to the CBS News Sunday Morning YouTube channel: @cbssundaymorning
Get more of CBS News Sunday Morning: https://cbsn.ws/1PlMmAz
Follow CBS News Sunday Morning on Instagram: @cbssundaymorning
Like CBS News Sunday Morning on Facebook: @cbssundaymorning
Follow CBS News Sunday Morning on X/Twitter: @cbssunday
Subscribe to the CBS News Sunday Morning newsletter: https://cbsnews.com/newsletters/
Download the CBS News app: https://www.cbsnews.com/mobile/
Try Paramount+ free: https://paramountplus.com

For video licensing inquiries, contact: licensing@veritone.com


Listen to The SpongeBob Musical here!

CALLING ALL GOOFY GOOBERS! (ROCK!) Are ya ready for a deep dive into the world of SpongeBob SquarePants? The SpongeBob YouTube channel is THE PLACE for all fan-favorite SpongeBob moments! Subscribe now at https://www.youtube.com/SpongeBobOfficial!


Originally published: July 08, 2024.

Follow NickALive! on Twitter, RedditInstagramFacebookGoogle NewsTumblrvia RSS and more for the latest Nickelodeon and SpongeBob SquarePants Universe News and Highlights!

Nickelodeon to Premiere New 'The Fairly OddParents: A New Wish' Episodes From July 22

Get ready for a whirlwind of magic and mayhem in brand new episodes of the brand-new Nickelodeon series, The Fairly OddParents: A New Wish, premiering weekdays at 6:00 p.m. (ET/PT) starting Monday, July 22, only on Nickelodeon!

The Fairly OddParents: A New Wish

Monday, July 22, 2024 at 6:00 p.m. - Lost and Founder's Day Pt. 1 & 2: Dev's dad, tech magnate, Dale Dimmadome creates an app designed to track kids wish energy at the annual Founder's Day Festival, but Hazel is showing up as an anomaly thanks to Cosmo and Wanda; Dev is caught in the cent. (#1.)

Tuesday, July 23, 2024 at 6:00 p.m. - Work Her Magic: Fed up with Angela's work life imbalance, Hazel wishes she could be her mom's assistant in order to spend more time with her. (#1.)

Wednesday, July 24, 2024 at 6:00 p.m. - Battle of the Dimmsonian: With Dev's new fairy granting wishes, Hazel and Dev battle it out dueling wish-style during a spooky night at the museum. (#1.)

In The Fairly OddParents: A New Wish, ten-year-old Hazel Wells has just moved to the big city of Dimmadelphia because of her dad’s new job. On top of being in an unfamiliar environment, it’s the first time she’s been without her brother, Antony, who’s just left for college, leaving her lonely and unsure of herself. All that changes when the pink-and-green-haired neighbors next door reveal that they are no ordinary neighbors…they’re Cosmo and Wanda, Fairy Godparents! And they’re coming out of retirement to make all of Hazel’s wishes come true.

The Fairly OddParents: A New Wish stars previously announced Ashleigh Crystal Hairston (Tiny Toons Looniversity, Craig of the Creek) as the voice of Hazel Wells, joining The Fairly OddParents alums Daran Norris (The Loud House, The Proud Family: Louder and Prouder) as the voice of Cosmo, and Susanne Blakeslee (The Loud House, Amphibia) as the voice of Wanda.

The series is produced by Nickelodeon Animation in Burbank and is co-executive produced by David Stone (Teen Titans Go!), Lindsay Katai (Infinity Train), Ashleigh Crystal Hairston, and Daniel Abramovici (The Peanuts Movie). Fred Seibert (Adventure Time) and Butch Hartman (The Fairly OddParents, Danny Phantom) serve as Executive Producers. Production is overseen by Claudia Spinelli, Senior Vice President, TV Series Animation, Nickelodeon, and Kelley Gardner, Vice President, Current Series, Animation, Nickelodeon. The series is overseen by Executive in Charge, Neil Wade. 

Produced by Nickelodeon Animation, the 20-episode series premiered on Nickelodeon in the U.S. on Monday, May 20, and will be available on Netflix internationally later this year.

Nickelodeon’s beloved animated The Fairly OddParents series, which ran from 2001-2017 with 172 episodes, followed the magical adventures of 10-year-old Timmy Turner and his well-meaning Fairy Godparents who grant him wishes. During its run, The Fairly OddParents became one of Nickelodeon’s most beloved properties from both fans and critics alike, having won and been nominated for dozens of awards. The Fairly OddParents was created by Butch Hartman.

Stream a Mountain of Entertainment, including your Nickelodeon favorites on Paramount+! Try it FREE at ParamountPlus.com!


Originally published: July 08, 2024.

Follow NickALive! on TwitterRedditInstagramFacebookGoogle NewsTumblrvia RSS and more for the latest Nickelodeon and The Fairly OddParents: A New Wish News and Highlights!

Nickelodeon to Premiere New 'Rock Paper Scissors' Episodes in July 2024

The stars of everyone’s favorite playground game have come to life! Catch brand new episodes of Rock Paper Scissors, premiering this July on Nickelodeon. The gang will also be making a special appearance during Kids' Choice Awards 2024 on July 13!

Rock Paper Scissors - The Holiday Picture

Saturday, July 13, 2024 at 9:30 p.m. - National Paper Day: Paper learns about a few eccentric holidays like Rock Day; Paper vows to get a holiday of his own. (#1; Kids' Choice Awards 2024 lead-out)

Monday, July 15, 2024 at 5:30 p.m. - Pogo Sticks: To attend the Rat Bros' party, the trio tries to get their hands on the latest cool item: pogo sticks. (#1.)

Tuesday, July 16, 2024 at 5:30 p.m. - Car Wash: Rock tries to get a job at Evil Robot Corp; Paper and Scissors see if the company is exactly what it sounds like. (#1.)

Wednesday, July 17, 2024 at 5:30 p.m. - The Other Rock Paper Scissors: Rock, Paper and Scissors meet another trio with their same names; the trio tries to prove they're not the worst. (#1.)

Thursday, July 18, 2024 at 5:30 p.m. - The Astonishing Catalina: Rock and Paper try to end a feud between scissors and a powerful magician before her magic ruins their lives. (#1.)

Monday, July 22, 2024 at 5:30 p.m. - The Holiday Picture: The trio's perfect holiday photo is ruined by a ghost who follows them everywhere and won't smile for the camera. (#1.)

Tuesday, July 23, 2024 at 5:30 p.m. - Bowling: Rock challenges Scissors to a high-stakes bowling game. (#1.)

Wednesday, July 24, 2024 at 5:30 p.m. - The Character Quiz: When a personality quiz gives Rock the worst result, he tries to prove to everyone that he knows who he truly is. (#1.)

Rock, Paper, and Scissors are three hilarious best friends and roommates who compete over everything. Featuring Thomas Lennon, Carlos Alazraqui, and Ron Funches.

Inspired by the age-old tradition of settling things with your best friends, the game comes to life through the shenanigans of pals Rock, Paper and Scissors in Nickelodeon’s new animated series Rock Paper ScissorsRock Paper Scissors is the first short picked up for series from Nickelodeon’s Intergalactic Shorts Program.

In Rock Paper Scissors, titular characters, Rock, Paper and Scissors, are a trio of best friends and roommates who lovingly compete over everything in hilarious but mostly wildly absurd ways. Throughout season one, the trio will go to extremes playing hide-and-seek around the world, running from the birthday police, defending the world from an alien invasion, going head-to-head with the Rat Bros and more.

Nickelodeon’s brand-new Annie Award-nominated animated comedy stars Ron Funches (Trolls, Trolls Band Together) as Rock, the member of the trio with the biggest heart and moral compass; Thomas Lennon (Zoey 102, 17 Again, Reno 911!) as Paper, the wannabe intellectual who dreams of being a famous inventor; and Carlos Alazraqui (Rocko’s Modern Life, Reno 911!) as Scissors, who acts overly confident and always wants to be cool. The series also stars Melissa VillaseƱor (Saturday Night Live) as Pencil, the trio’s incredibly smart neighbor down the hall and Eddie Pepitone (The Muppets, Old School) as Lou, the angry landlord, who is also a garbage can.

Guest stars set to breathe life into original characters during season one include Grammy Award-winner Alessia Cara (The Willoughbys) as the famous pop star Lolly; Emmy and Golden Globe-nominee Jason Alexander (Star Trek: Prodigy, Seinfeld) as the greatest fart joke comedian of all time Jonathan FartJoke; Isabela Merced (100 Things to Do Before High School, Dora and the Lost City of Gold) as the trio’s hulking vehicle The Susan – a hybrid of bicycle, hot rod and hot-air balloon; and Carla Gugino (Spy Kids) as The Birthday Cop.

Additional voices joining the series include Lauren Ash (Superstore) as Paper’s action movie star sister Sandpaper, J.P. Karliak (New Looney Tunes, TrollsTopia) as The Convenient News Reporter, Eugene Cordero (Star Trek: Lower Decks) as Putty, Diedrich Bader (The Drew Carey Show) as Chad BrockChad and Ray Chase (Good Night World, Jujutsu Kaisen) as Logan of The Rat Bros.

Originally launched in 2019 as a short, Rock Paper Scissors was greenlit for series from Nickelodeon’s Intergalactic Shorts Program. Produced by Nickelodeon Animation, the original Rock Paper Scissors short and series are created, written and executive produced by Kyle Stegina (Robot Chicken) and Josh Lehrman (Robot Chicken), with Conrad Vernon (Sausage Party) and Bob Boyle (The Fairly OddParents) serving as executive producers on the series. Development is overseen by Nickelodeon Animation’s Kari Kim, Vice President of Animation Development and Daniel Wineman, Vice President of Original Animation Development. The series is overseen by Executive in Charge, Jason Oliveri.

Stream a Mountain of Entertainment, including your Nickelodeon favorites on Paramount+! Try it FREE at ParamountPlus.com!


Follow NickALive! on TwitterRedditInstagramFacebookGoogle NewsTumblrvia RSS and more for the latest Nickelodeon and Rock Paper Scissors News and Highlights!