Saturday, November 09, 2024

The Toy Foundation Announces 2025 Toy of the Year Award Finalists

The Toy Foundation™ Announces 2025 Toy of the Year® (TOTY®) Award Finalists

115 Toys & Games to Top Holiday Wish Lists!

Toy of the Year Awards 2025

NEW YORK, NY | November 7, 2024 – From a doll hidden behind a magic mirror to a sound-sensing robot, to dozens of toys that innovate beloved play patterns, the 2025 Toy of the Year® (TOTY®) Award finalists, announced today by The Toy Foundation™ (TTF), represent the most sought-out toys just in time for the holiday season. Known as the “Oscars of the toy industry,” the TOTY Awards celebrate the creativity of the global toy community and serves as a key fundraiser for TTF’s year-round philanthropic work supporting children in need.

Between now and January 10, 2025, play-lovers of all ages can visit ToyAwards.org to vote for their favorite playthings in each of the 16 categories, browse toys, and make shopping lists for the holidays. Finalists were announced this morning by a group of well-known content creators who serve as TOTY ambassadors. See the full list of finalists below.

Winners in each category, as well as the coveted overall Toy of the Year winner and the People’s Choice winner (based solely on consumer votes), will be announced at the TOTY Awards gala on Friday, February 28, 2025, at Cipriani 42nd Street in New York City. The celebration kicks off Toy Fair® 2025 (March 1-4, 2025) and includes the induction of seven trailblazers into the esteemed Toy Industry Hall of Fame.

All event proceeds (including TOTY nomination fees) benefit TTF’s initiatives, including the Children’s Hospital Play Grants program to bring the healing power of play to children in hospital settings; Diversity, Equity, and Inclusion program to reach all communities with play; and The Toy Bank program to deliver the comfort and security of a toy to children in need around the world. The TOTY celebration will spotlight each of these program areas and the impact of bringing the benefits of play to children in need, as well as serve as an opportunity to donate and further its mission.

“This year’s TOTY finalists exemplify our industry’s talent for delivering joy, encouraging exploration, and enhancing learning through the power of play,” said Pam Mastrota, executive director of The Toy Foundation. “We are proud to not only celebrate these innovative playthings but also the philanthropic impact fundraising for the TOTY Awards celebration will have in supporting the physical and emotional wellbeing of children in need around the world. We invite everyone to have a say in the next TOTY winners and cast their votes!”

2025 TOTY FINALISTS

Additional details on each finalist are available at ToyAwards.org

ACTION FIGURE OF THE YEAR

Toys that represent a person or fictional character intended for active, imaginative, and narrative-based play.

  • DC Multiverse Batman (Batman: Classic TV Series) Action Figure by McFarlane Toys
  • Godzilla x Kong 13" Mega Figures by Playmates Toys, Inc.
  • LEGO DC Batman: Batman Construction Figure and the Bat-Pod Bike by LEGO Systems, Inc.
  • Sonic the Hedgehog 3 12-Inch Ultimate Talking Sonic Figure by JAKKS Pacific
  • Stumble Guys Action Figures by P.M.I. Trading & Enterprise Ltd
  • Teenage Mutant Ninja Turtles Pet to Ninja Deluxe Figures by Playmates Toys, Inc.
  • Transformers One Power Flip Optimus Prime (Orion Pax) by Hasbro, Inc.

COLLECTIBLE OF THE YEAR

Toys that compose a set and are designed to be collected in multiples; can include novelty playthings, miniature versions of existing lines, licensed collectibles, etc.

  • Deddy Bears Plush in Coffin by Innov8 Academy
  • Disney Lacers by Disney Consumer Products
  • Disney Lorcana Trading Card Game by Ravensburger North America, Inc.
  • Enchanted Elegance Collection - Ariel, Mulan, Rapunzel by Mattel, Inc.
  • LEGO Minifigures Dungeons & Dragons by LEGO Systems, Inc.
  • Pokémon Trainer Guess: Unova Edition by Ultra PRO
  • Pop! Yourself by Funko Inc.
  • Sticki Rolls Sticki Book by Sky Castle Toys

CONSTRUCTION TOY/PLAYSET OF THE YEAR

Toys that include building as the primary play pattern and/or playsets with pieces that are designed to work together to enact some action or event, including characters and role play.

  • Gecko Run: Marble Run by Thames & Kosmos, LLC
  • LEGO Ideas Dungeons & Dragons: Red Dragon’s Tale Set by LEGO Systems, Inc.
  • LEGO City Space Base and Rocket Launchpad by LEGO Systems, Inc.
  • Miraculous Paris Heroez Playset by Playmates Toys, Inc.
  • Park & Play Camper by The Radio Flyer Company
  • TECTI Kinetic Building System by Fun in Motion Toys
  • Teenage Mutant Ninja Turtles Classic Technodrome Playset by Playmates Toys, Inc.

CREATIVE TOY OF THE YEAR

Toys that allow kids to build and/or make items that are unique to them.

  • Clixo Tropical Birds Pack by Toyish Labs Inc.
  • HEY CLAY Fluffy Pets by TRENDFORMER LIMITED
  • Melissa & Doug Sticker WOW! by Spin Master Corporation
  • Mini Brands Create MasterChef by ZURU, Inc.
  • Mini Pottery Studio by Make It Real
  • Playper Curious Kingdom Castle Playset by Playper
  • STEM Explorers Pixel Suncatchers by Learning Resources Inc.

DOLL OF THE YEAR

Toys that include baby, toddler, and fashion dolls.

  • 12” Rainbow Brite Doll by The Loyal Subjects
  • Be Loved Babies by IMC Toys US, Inc
  • Disney Junior Splash & Glow Ariel Doll by Just Play, LLC
  • Magic Mixies Pixie Supremes Magic Mirror by Moose Toys, LLC
  • Miraculous Hero Switch Ladybug by Playmates Toys, Inc.
  • My Friends & Me Baby Doll with Vitiligo by Miniland Educational Corp.
  • Yummiland by MGA Entertainment

EDUCATIONAL TOY OF THE YEAR

Recognizing that all toys have learning benefits, this category is meant for toys and games that go above and beyond and are designed specifically to meet an educational purpose such as helping a child develop a particular skill or teaching a child about a particular subject area (including but not limited to STEM).

  • Bionic Robotic Arm by Thames & Kosmos, LLC
  • DK Virtual Reality History! by Abacus Brands, Inc
  • HyperTiles by Fun in Motion Toys
  • LEGO Technic Planet Earth and Moon in Orbit by LEGO Systems, Inc.
  • National Geographic Epic Circuits Science Kit by Blue Marble
  • Story Time Backgammon by Story Time Learning
  • Tonies Audiobooks by Tonies USA
  • ZipString Luma by ZipString

GAME OF THE YEAR

For families and children’s (ages 0-14) games including board, card, electronic or other physical game formats and puzzles, exclusive of video or app games.

  • Chronicles of Light: Darkness Falls (Disney Edition) by Ravensburger North America, Inc.
  • Flip 7 by The Op
  • Gnome Hollow by The Op
  • Hitster by Jumbo Group
  • Life in Reterra by Hasbro, Inc.
  • SNAP 2 IT by Elenco Electronics, LLC
  • UNO Show 'em No Mercy by Mattel, Inc.

GROWN-UP TOY OF THE YEAR

Toys and games developed primarily for grown-ups/kidults, including party games, board games, collectibles, arts and crafts, and more. These toys are often fueled by fandoms, social media, and mature humor.

  • Hot Wheels x Daniel Arsham Collection by Mattel, Inc.
  • Kanoodle Ultimate Champion by Educational Insights
  • LEGO Ideas JAWS by LEGO Systems, Inc.
  • LEGO Ideas Polaroid OneStep SX-70 Camera by LEGO Systems, Inc.
  • Oh My Pigeons! by Ravensburger North America, Inc.
  • The Gang by Thames & Kosmos, LLC
  • Trivial Pursuit Generations by Ageless Innovation

INFANT/TODDLER TOY OF THE YEAR

Toys that are developed for ages 0-3 (0-18 months infant/18 months-3 years toddler).

  • Bebé Fuerte Count & Groove Bouncy Barbell by TOMY
  • Discoverosity 3-in-1 Sensory Table by Skip Hop
  • Fisher-Price Laugh & Learn Ultimate Playhouse by Mattel, Inc.
  • Jelly Blox Stash 'N Stack 2-in-1 Storage Case by Goliath North America
  • LEGO DUPLO 3in1 Space Shuttle Adventure by LEGO Systems, Inc.
  • Ms. Rachel Surprise Learning Box by Spin Master Corporation
  • Scan & Sort Grocery Cart with Lights and Sounds by The Radio Flyer Company

LICENSE OF THE YEAR

Character or property that has had success spreading its brand through the development and merchandising of products developed from the intellectual property.

  • Barbie 65th Anniversary by Mattel, Inc.
  • Bluey by BBC Studios
  • Ms. Rachel by Spin Master Corporation
  • Pokémon by The Pokémon Company International, Inc.
  • Polly Pocket 35th Anniversary by Mattel, Inc.
  • Squishmallows by Jazwares
  • Stitch by Disney Consumer Products

OUTDOOR TOY OF THE YEAR

Toys that are designed for outdoor play, including ride-ons, i.e. motorized vehicles, bicycles, scooters, wagons, bubbles, sports toys, role play etc.

  • Cornhole Shootout by ABetter Design Company
  • EastPoint Sports Premium Axe Throw Target Game by Buffalo Games Inc.
  • Flybar GLOW Bumper Car by Flybar Inc
  • Mega Cyborg Hydro Blaster by Thames & Kosmos, LLC
  • Miracle-Gro Kids' Garden Tool Set by Red Tool Box Ltd.
  • PoppinColorz Hydra 2-in-1 Blaster by South Beach Bubbles
  • WonderWalks Exploration Game by Pennycake

PLUSH TOY OF THE YEAR

Toys that are made of fabric and stuffed with soft filling, including toys with interactive or electronic features.

  • Disney Shoulder Plush by Disney Consumer Products
  • Emotional Baggage by Solobo Toys
  • Fahlo Animal Tracking Plush by Fahlo
  • FurReal Peanut the Playful Monkey by Just Play, LLC
  • Hello Kitty Loves Cheer Bear 10” Collectible Care Bears Plush 2-Pack by Basic Fun!
  • Little Live Pets My Baby Monkey by Moose Toys, LLC
  • Ms. Rachel Speak & Sing Doll by Spin Master Corporation

PRESCHOOL TOY OF THE YEAR

Toys that are developed for ages 3-5.

  • BRIO World Dinosaur Deluxe Train Set by Ravensburger North America, Inc.
  • Color Wonder Magic Light Brush by Crayola, LLC
  • Fisher-Price Rockin' Record Player by Mattel, Inc.
  • Imaginext Star Wars Darth Vader Bot by Mattel, Inc.
  • Magic Adventures Binoculars by LeapFrog
  • Little Tikes Story Dream Machine by MGA Entertainment
  • Melissa & Doug Sort, Stock, Select Wooden Vending Machine Play Set by Spin Master Corporation
  • Tile Town Bluey Heeler Home by Moose Toys, LLC

SPECIALTY TOY OF THE YEAR

Toys from manufacturers that primarily do business through independent retailers (neighborhood toy stores, museum shops, vacation destinations, and similar venues) or in limited quantities online. Voted on exclusively by specialty retailers through Astra.

  • Dynamic Pixel Piano by Hape
  • HEXEL by Plus-Plus USA
  • LEGO Gravity Drop by Klutz
  • Living Puppets Murray by Thin Air Brands, LLC
  • Pinball Machine Maker: Gumball Rally by Thames & Kosmos LLC
  • Professor Maxwell’s VR Atlas 2.0 by Abacus Brands, Inc
  • Snap Circuits Nite Lite by Elenco Electronics, LLC

TECH TOY OF THE YEAR

Toys created in any category that have a meaningful tech element involved, that is directly related to or extremely enhances the play pattern.

  • Bitzee Disney by Spin Master Corporation
  • Hatchimals Alive Mystery Hatch by Spin Master Corporation
  • Hero: Sound-Sensing Robot by Thames & Kosmos, LLC
  • Pictionary vs. AI by Mattel, Inc.
  • PLAi Poe The Ai Story Bear by Skyrocket Toys
  • RealFX Disney Stitch Puppet by WOW! Stuff
  • TapTap Arcade by FlyCatcher Inc.

VEHICLE OF THE YEAR

Toy cars, trucks, trains, and other vehicles in all scales, including R/C vehicles and ride-ons not exclusively for outdoor use.

  • Flat 2 Fast Card Racers by Luki Lab
  • Go! Go! Smart Wheels Checkered Flag Motorized Track Set by VTech Electronics North America, LLC
  • Kids Clean Car by Henry's Toy Box Inc
  • LEGO Technic Mercedes-AMG F1 W14 E Performance by LEGO Systems, Inc.
  • Play-Doh Pizza Delivery Scooter Playset by Hasbro, Inc.
  • RoboRails: The Robot Monorail System by Thames & Kosmos, LLC
  • Sky Viper Type-R Performance Racing Drone by Skyrocket Toys

For more information about the TOTY Awards voting and selection process, visit ToyAwards.org.

The TOTY Awards gala is open exclusively to toy industry professionals. Tickets for the event will be available for purchase on December 2; all TOTY proceeds are donated to The Toy Foundation, which partners with generous toy companies throughout the year to bring brand-new toys to children who are sick, at-risk, in foster care, impoverished, or otherwise in need.

Transformers One Power Flip Optimus Prime (Orion Pax)

Transformers One Power Flip Optimus Prime (Orion Pax)

Experience the epic origins of Transformers with this Power Flip Optimus Prime (Orion Pax) action figure! Inspired by the heroic journey of Optimus Prime depicted in the Transformers One movie, this toy converts between four different modes: Orion Pax, Cybertronian Truck, Optimus Prime, and Ultimate Optimus Prime. During the conversion process, Power Flip Optimus Prime grows in height from 8 to 10 inches. Hold the toy’s arms and flip the figure for an epic finale to finish the conversion to Ultimate Optimus Prime. Lights, sounds, and phrases activate at the push of a button or by converting between modes.

$49.99 | 6+ | Website



Teenage Mutant Ninja Turtles Pet to Ninja Deluxe Figures (Leonardo)

Teenage Mutant Ninja Turtles Pet to Ninja Deluxe Figures

Ooze turned these teens from pet turtles to a crime-fighting ninja team! Recreate the iconic mutation at home with the Pet to Ninja figures. The transformation is easy (and less messy than using ooze)! Start by lifting the back shell of the Mutations Deluxe 5.5" Turtle and extending his legs. Then, pull on its front shell and twist to transform! Snap the shells back into place and jump into action! Each figure is highly poseable and ready for action-packed battle! The highly detailed figures come with each character's signature weapon, a pizza throwing star, and a display stand.

$12.99 | 4+ | Website


Sonic the Hedgehog 3 12-Inch Ultimate Talking Sonic Figure

Sonic the Hedgehog 3 12-Inch Ultimate Talking Sonic Figure

This 12-inch movie-styled Sonic figure is the ultimate Sonic the Hedgehog toy! This figure has 15 points of articulation, boasts a realistic movie aesthetic, includes more than 30 iconic and humorous phrases and sounds from the films, and lights up! Press Sonic’s chest to activate light-up eyes and quills, or press Sonic’s hands and sneakers to activate the phrases and sounds and really bring the action to life!

$49.99 | 3+ | Website

Teenage Mutant Ninja Turtles Classic Technodrome Playset

Teenage Mutant Ninja Turtles Classic Technodrome Playset

The Technodrome Vehicle Playset is authentically sculpted and decorated to match the original release of the toy more than 30 years ago. It features three Mutant Play Areas inside — the Spring-Loaded Brain Scrambler, Turtle-Smashing EyeSpy Radar, and Turtle Mutation Chamber — and more Turtle-tenderizin’ traps. The Classic Technodrome is packed out in classic 1980s graphics for the ultimate retro design.

$69.99 | 4+ | Website

About The Toy Foundation™ www.toyfoundation.org
The Toy Foundation™ (TTF) is a 501 (c)(3) children's charity and philanthropic arm of The Toy Association™. The uniting force for the collective philanthropy of the toy industry for the benefit of all children in need, TTF works with small, medium, and large companies to create a world where every child experiences the comfort, joy, and extraordinary physical, emotional, and educational benefits of play through three program areas — The Toy Bank, Play Grants, and Talent Pipeline Program. Thanks to the toy industry’s support, TTF has delivered play to more than 33 million children in need around the world.

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Originally published: November 09, 2024.


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Landman | New Official Trailer | SkyShowtime

Landman | New Official Trailer | SkyShowtime


Watch the latest trailer of the Landman!

Subscribe to SkyShowtime today at SkyShowtime.com.

Co-created by Oscar nominee Taylor Sheridan and Christian Wallace, Landman is produced by MTV Entertainment Studios, 101 Studios and Sheridan’s Bosque Ranch Productions.

Set in the proverbial boomtowns of West Texas, Landman is a modern-day tale of fortune seeking in the world of oil rigs. Based on the notable 11-part podcast “Boomtown” from Imperative Entertainment and Texas Monthly, the series is an upstairs/downstairs story of roughnecks and wildcat billionaires fueling a boom so big, it’s reshaping our climate, our economy and our geopolitics.

In addition to Thornton, the series stars Ali Larter (The Last Victim), Michelle Randolph (1923), Jacob Lofland (Joker 2), Kayla Wallace (When Calls the Heart), James Jordan (Yellowstone), Mark Collie (Nashville), Paulina Chávez (The Expanding Universe of Ashley Garcia), and Demi Moore (Feud: Capote Vs. The Swans). Jon Hamm (Mad Men) will star in a recurring guest role with Andy Garcia (Expendables franchise) and Michael Peña (End of Watch) also serving as guest stars.

Landman is executive produced by Taylor Sheridan, David C. Glasser, David Hutkin, Ron Burkle, Bob Yari, Christian Wallace, Geyer Kosinski, Michael Friedman and Stephen Kay. Dan Friedkin and Jason Hoch, for Imperative Entertainment, and J.K. Nickell and Megan Creydt, for Texas Monthly, also executive produce. Peter Feldman serves as co-executive producer. Landman is distributed by Paramount Global Content Distribution.

The series is the latest addition to Sheridan’s growing slate on SkyShowtime which includes 1883, Lawmen: Bass Reeves, Lioness, Mayor of Kingstown, Tulsa King, and the upcoming second season of 1923. All five seasons of Yellowstone are also available to stream exclusively on SkyShowtime now, with the returning series set to air later this year.

Shop your Paramount favourites at ParamountShop.com.

Can't get enough? Neither can we!  Check out the below for more information:
Get SkyShowtime: https://www.skyshowtime.com
SkyShowtime Newsroom: https://corporate.skyshowtime.com
Follow SkyShowtime on LinkedIn: https://www.linkedin.com/company/skyshowtime
Follow SkyShowtime on X (Formerly known as Twitter): https://twitter.com/SkyShowtime

It’s time…It’s #skyshowtime

About SkyShowtime:
SkyShowtime is an exciting new streaming service, packed with iconic entertainment the world can’t wait to watch. For the first time, incredible content from Universal Pictures, Paramount Pictures, Nickelodeon, DreamWorks Animation, Paramount+, SHOWTIME®, Sky Studios and Peacock, will be streaming all in one place. We’re ready…are you?


#Landman #SkyShowtime #DemiMoore #JonHamm #AndyGarcia #MichaelPena #BillyBobThornton

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Paramount Co-CEO Chris McCarthy Feels Good About Paramount+’s Position 'To Remain A Standalone' Service

“We feel good about our position and our ability to remain a standalone.”

That was Paramount Co-Chief Executive Officer (CEO) Chris McCarthy‘s update on the status of Paramount+, delivered on this morning’s (Nov. 8) third-quarter earnings call. His comment came after an analyst asked whether a strategic partner was still being sought for Paramount+. The company has openly acknowledged exploring a range of partnership scenarios and disclosed recently in an SEC filing that talks were held with media rivals.

Chris McCarthy with the Paramount+ logo
Chris McCarthy / Viacom

Streaming was a bright spot in Paramount’s quarter, with direct-to-consumer revenue climbing 10% and Paramount+ adding 3.5M subscribers to reach 72M, making it the fourth-largest global SVOD streamer.

McCarthy’s statement veers from what insiders disclosed to Deadline over the summer, which was that Paramount had talks with Warner Bros. Discovery and Amazon on a potential streaming collaboration. Details were unclear as to the shape that would take. McCarthy told Wall Street analysts on an August call that the company has received “lots of interest from many different partners” in a potential joint streaming venture.

Paramount isn’t completely closed-minded to a potential streaming partnership with a rival. “You can absolutely count on us being opportunistic,” McCarthy said today. “We’re looking at partnerships from a strategic lens to drive more value and you can be sure that in deciding that we’ll take key factors into consideration. But the ultimate value will be is this going to drive increased value for our business today, our consumers and our investors.”

Traditional media companies have generally struggled to replace the lucrative dual revenue stream of linear pay-TV with the costly streaming business, though consumer sentiment continues to shift toward the latter. Cord-cutting has shaved millions of U.S. pay-TV subscribers from the bundle every year, and there is no clear consensus about where the bottom may be.

Any type of discussion about a potential streaming partner by Paramount would also have to include consultation with future parent Skydance. The companies expect to close their merger in the first half of 2025. A 600-plus-page SEC filing this week disclosed that prior to the announcement of the Skydance merger this past summer, Paramount held talks with Comcast about a possible joint venture between the two OTT services.

Comcast President Mike Cavanaugh said last week that his conglom is open to doing a streaming joint venture for the growing but still money-losing Peacock. Comcast and Paramount already have a JV, SkyShowtime, which operates in nearly two dozen European territories.

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

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Originally published: November 09, 2024.

Original source: Deadline.

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Landman | Official Trailer | Paramount+ UK & Ireland

Landman | Official Trailer | Paramount+ UK & Ireland


Set in the proverbial boomtowns of West Texas, Landman is a modern-day tale of fortune-seeking in the world of oil rigs. Co-created by Oscar nominee Taylor Sheridan and Christian Wallace, starring Billy Bob Thornton, Demi Moore and Jon Hamm. Streaming 18 November on Paramount+ UK & Ireland

Try Paramount+ for FREE at ParamountPlus.com.

Shop all your Paramount faves: ParamountShop.com.

Join the Paramount+ UK & Ireland social community to obsess with us over your favourite shows and movies, and be the first to hear exclusive news and releases.


Paramount+ UK & Ireland is HERE! Stream a Mountain of Entertainment, including your Nickelodeon favourites! Try it FREE at ParamountPlus.com!

Paramount+ is also available with Sky Cinema at no extra cost.


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Friday, November 08, 2024

Paramount Global Reports Third Quarter 2024 Earnings Results

Paramount Global (NASDAQ: PARA, PARAA) today (November 8) announced financial results for the third quarter ended September 30, 2024. The full press release and other earnings material can be viewed on the Paramount investor relations website at ir.paramount.com. A audio replay of Paramount's earnings call is also be available to listen to.

Paramount Global logo

PARAMOUNT REPORTS Q3 2024
EARNINGS RESULTS

★ Meaningful Progress Advancing Strategic Goals

– Significant Improvement in Direct-To-Consumer: Adjusted OIBDA Improved $287 Million Year-Over-Year to $49 Million

– Continued Momentum at Paramount+: Revenue Growth of 25% Year-Over-Year and 3.5 Million Subscriber Additions in the Quarter

– Streamlined Organization: Advancing $500 Million in Annual Run Rate Cost Savings

★ Skydance Transactions Expected to Close in First Half of 2025

STATEMENT FROM GEORGE CHEEKS, CHRIS MCCARTHY & BRIAN ROBBINS, CO-CEOS
"Our hit content drove strong performance in Q3 where Paramount+ added 3.5 million new subscribers, solidifying our position as the #4 global SVOD service. Our DTC segment successfully delivered profitability for the second quarter in a row, improving by more than $1 billion over the past four quarters, and, across the company, we continue to successfully execute non-content cost reductions that will result in $500 million in annual run rate savings. With two very strong quarters under our belt, it’s evident that we have clear momentum and that our plan is working thanks to our very talented teams and creative partners."

DIRECT-TO-CONSUMER

OVERVIEW
DTC profitability improved significantly year-over-year. Sports, including the return of the NFL and UEFA, originals like Tulsa King, which saw the biggest global debut in platform history for season 2, and Mayor of Kingstown, as well as post-theatrical releases, such as A Quiet Place: Day One and IF, all drove acquisition in the quarter. Pluto TV continues to benefit from strong engagement resulting in increased monetization.

Q3 FINANCIALS

▪ DTC revenue increased 10% year-over-year.

– DTC subscription revenue grew 7%, driven by year-over-year subscriber growth and pricing increases for Paramount+.

– DTC advertising revenue rose 18%, reflecting growth from Paramount+ and Pluto TV.

– Paramount+ revenue grew 25%, driven by year-over-year subscriber growth and ARPU expansion.

▪ Paramount+ subscribers increased 3.5 million in the quarter to 72 million.

▪ Paramount+ global ARPU expanded 11% year-over-year.

▪ DTC adjusted OIBDA increased $287 million year-over-year to $49 million, reflecting revenue growth and cost efficiencies.

TV MEDIA

OVERVIEW

TV Media benefited from a powerful combination of sports, news and entertainment. CBS live news channels saw strong growth in minutes viewed year-over-year, The Daily Show continued to grow across streaming, linear and social platforms, MTV’s Video Music Awards had its biggest audience in four years, and The Challenge delivered its highest share in franchise history.

Q3 FINANCIALS

▪ TV Media revenue decreased 6% to $4.3 billion, primarily driven by lower affiliate revenue and fluctuations in licensing revenue.

– TV Media advertising revenue decreased 2%, reflecting declines in the linear advertising market, partially offset by higher political advertising, and the recognition of revenue underreported by an international sales partner in prior periods.

– TV Media affiliate and subscription revenue decreased 7%, driven by subscriber declines and a 2-percentage point decrease from the absence of pay-per-view boxing events, partially offset by price 
increases.

– TV Media licensing and other revenue decreased 12%, reflecting a lower volume of licensing in the secondary market.

▪ TV Media adjusted OIBDA decreased 19% to $936 million.

FILMED ENTERTAINMENT

OVERVIEW

Paramount Pictures’ diverse film slate continued to deliver with the success of A Quiet Place: Day One, which set a franchise record for the biggest opening at the global box office and has grossed $261 million worldwide to date. Transformers One has grossed $127 million at the global box office to date.

Q3 FINANCIALS

▪ Filmed Entertainment revenue decreased 34% to $590 million.

– Theatrical revenue decreased 71%, reflecting the number and timing of releases in the quarter compared to the prior year.

– Licensing and other revenue decreased 6%, as lower revenue from home entertainment and the licensing of film library titles were partially offset by higher studio facility revenue compared to last year, which was impacted by the labor strikes.

▪ Filmed Entertainment adjusted OIBDA increased $52 million versus the prior year period, which was impacted by the labor strikes.

SKYDANCE TRANSACTIONS

Completion of the Skydance transactions is subject to regulatory approvals and customary closing conditions. The transactions are anticipated to close in the first half of 2025. Until then, Paramount continues to operate in the normal course of business.

ABOUT PARAMOUNT

Paramount (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, its portfolio includes CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV. The company 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, Paramount 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

CAUTIONARY NOTE CONCERNING 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. These risks, uncertainties and other factors include, among others: risks related to our streaming business; the adverse impact on our advertising revenues as a result of advertising market conditions, changes in consumer viewership and deficiencies in audience measurement; risks related to operating in highly competitive and dynamic industries, including cost increases; the unpredictable nature of consumer behavior, as well as evolving technologies and distribution models; risks related to our ongoing changes in business strategy, including investments in new businesses, products, services, technologies and other strategic activities; the potential for loss of carriage or other reduction in or the impact of negotiations for the distribution of our content; damage to our reputation or brands; losses due to asset impairment charges for goodwill, intangible assets, FCC licenses and content; liabilities related to discontinued operations and former businesses; risks related to environmental, social and governance (ESG) matters; evolving business continuity, cybersecurity, privacy and data protection and similar risks; content infringement; domestic and global political, economic and regulatory factors affecting our businesses generally; disruptions to our operations as a result of labor disputes; the inability to hire or retain key employees or secure creative talent; volatility in the prices of the Companyʼs common stock; potential conflicts of interest arising from our ownership structure with a controlling stockholder; business uncertainties, including the effect of the Skydance transactions on the Companyʼs employees, commercial partners, clients and customers, and contractual restrictions while the Skydance transactions are pending; prevention, delay or reduction of the anticipated benefits of the Skydance transactions as a result of the conditions to closing the Skydance transactions; the Transaction Agreementʼs limitation on our ability to pursue alternatives to the Skydance transactions; risks related to a failure to complete the Skydance transactions, including payment of a termination fee and negative reactions from the financial markets and from our employees, commercial partners, clients and customers; risks related to change in control or other provisions in certain agreements that may be triggered by the Skydance transactions; litigation relating to the Skydance transactions potentially preventing or delaying the closing of the Skydance transactions and/or resulting in payment of damages; challenges realizing synergies and other anticipated benefits expected from the Skydance transactions, including integrating the Companyʼs and Skydanceʼs businesses successfully; potential unforeseen direct and indirect costs as a result of the Skydance transactions; any negative effects of the announcement, pendency or consummation of the Skydance transactions on the market price of the Companyʼs common stock and New Paramount Class B Common Stock; and other factors described in our news releases and filings with the Securities and Exchange Commission, including but not limited to our most recent Annual Report on Form 10-K and reports on Form 10-Q and Form 8-K. There may be additional risks, uncertainties and factors that we do not currently view as material or that are not necessarily known. The forward-looking statements included in this communication are made only as of the date of this report, and we do not undertake any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances.

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