Paramount Sets Virtual 2025 Annual Meeting for July 2
| Field | Detail |
|---|---|
| Company | Paramount Global |
| Form Type | DEF 14A |
| Filed Date | Jun 2, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Shareholder Vote, Corporate Governance, Virtual Meeting, SEC Filing, Paramount Global
Related Tickers: PARA
TL;DR
**Paramount's proxy filing is a procedural heads-up for the annual meeting, so Class A shareholders better vote or miss their chance to shape the company's future.**
AI Summary
Paramount Global's DEF 14A filing, dated June 2, 2025, outlines the upcoming 2025 Annual Meeting of Stockholders scheduled for July 2, 2025, at 9:00 a.m. Eastern Daylight Time. The meeting will be held via live webcast at www.virtualshareholdermeeting.com/PARA2025, with access beginning at 8:45 a.m. Eastern Daylight Time. Holders of Paramount Class A Common Stock are invited to vote on matters presented in the Notice of 2025 Annual Meeting of Stockholders. Both Class A and Class B Common Stock holders can access the webcast using a 16-digit control number from their proxy or voting instruction card. The filing emphasizes the importance of Class A stockholders submitting their proxy and voting shares in advance, either by telephone, internet, or returning a proxy card. This DEF 14A is a definitive proxy statement, indicating no fee was required for filing. The company's business address is 1515 Broadway, New York, NY 10036, and its phone number is 212-258-6000. The filing does not contain specific financial figures like revenue or net income, focusing instead on the procedural aspects of the annual meeting.
Why It Matters
This DEF 14A filing is crucial for Paramount Global investors as it details the procedural framework for the 2025 Annual Meeting, where key corporate governance decisions will be made. Investors, particularly Class A Common Stock holders, must understand the voting process to exercise their rights and influence company direction. For employees and customers, the outcomes of these votes could indirectly impact strategic initiatives and future content offerings. In a highly competitive media landscape, effective governance is paramount for Paramount Global to navigate challenges from rivals like Disney and Netflix, ensuring long-term stability and growth.
Risk Assessment
Risk Level: low — The risk level is low because this DEF 14A is a definitive proxy statement primarily detailing the logistics of an annual meeting, not announcing significant financial changes or strategic shifts. It explicitly states 'No fee required,' indicating a standard regulatory filing without immediate financial implications or disclosures of new risks. The filing focuses on shareholder participation for the July 2, 2025 meeting.
Analyst Insight
Investors should review the full Notice of 2025 Annual Meeting of Stockholders to understand the specific proposals being voted on. Class A Common Stock holders must utilize their 16-digit control number to vote their shares by telephone, internet, or mail before the July 2, 2025 meeting to ensure their voice is heard.
Key Numbers
- 2025-06-02 — Filing Date (Date the DEF 14A was filed with the SEC)
- 2025-07-02 — Annual Meeting Date (Date of Paramount Global's 2025 Annual Meeting of Stockholders)
- 9:00 a.m. — Meeting Start Time (Eastern Daylight Time for the virtual annual meeting)
- 8:45 a.m. — Website Access Time (Eastern Daylight Time when the virtual meeting website opens)
- 16-digit — Control Number Length (Required for stockholders to access the virtual meeting)
- 001-09553 — SEC File Number (Paramount Global's SEC file number)
- 44 — Public Document Count (Number of public documents in the filing)
- 1934 — Exchange Act Year (Securities Exchange Act under which the proxy statement is filed)
- 1231 — Fiscal Year End (Paramount Global's fiscal year end (December 31))
- 2019-12-04 — Date of Name Change (Date ViacomCBS Inc. became Paramount Global)
Key Players & Entities
- Paramount Global (company) — Registrant for DEF 14A filing
- United States Securities and Exchange Commission (regulator) — Recipient of the Schedule 14A
- July 2, 2025 (date) — Date of the 2025 Annual Meeting of Stockholders
- 9:00 a.m. Eastern Daylight Time (time) — Start time of the 2025 Annual Meeting
- 1515 Broadway, New York, NY 10036 (address) — Business address of Paramount Global
- 212-258-6000 (phone_number) — Business phone number of Paramount Global
- Class A Common Stock (security) — Stockholders asked to vote on matters
- Class B Common Stock (security) — Stockholders who can attend the virtual meeting
- ViacomCBS Inc. (company) — Former name of Paramount Global
- CBS CORP (company) — Former name of Paramount Global
FAQ
When is Paramount Global's 2025 Annual Meeting of Stockholders?
Paramount Global's 2025 Annual Meeting of Stockholders is scheduled for Wednesday, July 2, 2025, at 9:00 a.m., Eastern Daylight Time. Stockholders are encouraged to access the virtual meeting website by 8:45 a.m. EDT.
How can Paramount Global stockholders attend the 2025 Annual Meeting?
Paramount Global stockholders can attend the 2025 Annual Meeting by visiting www.virtualshareholdermeeting.com/PARA2025. Holders of Class A and Class B Common Stock need to enter a 16-digit control number found on their proxy or voting instruction card to be admitted.
What is the purpose of Paramount Global's DEF 14A filing?
The DEF 14A filing by Paramount Global serves as a definitive proxy statement, informing stockholders about the upcoming 2025 Annual Meeting, the matters to be voted upon, and the procedures for voting and attending the virtual meeting.
Which Paramount Global stockholders are asked to vote at the annual meeting?
Holders of Paramount Global Class A Common Stock are specifically asked to vote on the matters listed in the attached Notice of 2025 Annual Meeting of Stockholders. They are encouraged to submit their proxy in advance.
What is Paramount Global's business address and phone number?
Paramount Global's business address is 1515 Broadway, New York, NY 10036. The company's business phone number is 212-258-6000, as stated in the DEF 14A filing.
Has Paramount Global changed its name recently?
Yes, Paramount Global was formerly known as ViacomCBS Inc., with the name change occurring on December 4, 2019. Prior to that, it was known as CBS CORP and VIACOM INC.
What is the SEC file number for Paramount Global?
The SEC file number for Paramount Global, as listed in the DEF 14A filing, is 001-09553. This number identifies the company's filings with the Securities and Exchange Commission.
How can Class A stockholders vote their shares for Paramount Global's annual meeting?
Class A stockholders of Paramount Global can vote in advance of the meeting by telephone or through the Internet by following the instructions in the attached 2025 Proxy Statement, or by returning a physical proxy card or voting instruction card.
Is there a fee required for Paramount Global's DEF 14A filing?
No, the DEF 14A filing by Paramount Global explicitly states 'No fee required' under the Payment of Filing Fee section, indicating it is a standard definitive proxy statement.
What is the Central Index Key (CIK) for Paramount Global?
The Central Index Key (CIK) for Paramount Global is 0000813828. This unique identifier is used by the SEC to identify filers.
Industry Context
Paramount Global operates within the highly competitive media and entertainment industry, facing challenges from traditional broadcasters, cable networks, streaming services, and digital platforms. The industry is characterized by rapid technological change, evolving consumer viewing habits, and significant content production costs. Companies are increasingly focused on direct-to-consumer streaming strategies while also managing legacy businesses.
Regulatory Implications
As a publicly traded media company, Paramount Global is subject to various regulations, including those from the SEC regarding financial reporting and corporate governance. Changes in media ownership rules, content regulations, or data privacy laws could impact its operations and profitability. Compliance with these regulations is a continuous requirement.
What Investors Should Do
- Review the DEF 14A filing thoroughly.
- Vote Class A Common Stock shares in advance.
- Access the virtual meeting website early.
- Have the 16-digit control number ready.
Key Dates
- 2025-06-02: Filing Date of DEF 14A — Indicates the official release of proxy materials for the upcoming shareholder meeting.
- 2025-07-02: 2025 Annual Meeting of Stockholders — The date when shareholders will vote on important company matters and hear updates.
- 2025-07-02: Annual Meeting Start Time — Sets the official start time for the virtual shareholder meeting at 9:00 a.m. EDT.
- 2025-07-02: Website Access Time — Specifies when shareholders can begin accessing the virtual meeting platform at 8:45 a.m. EDT.
- 2019-12-04: Name Change from ViacomCBS Inc. to Paramount Global — Marks a significant corporate identity change, reflecting the company's strategic direction.
Glossary
- DEF 14A
- A definitive proxy statement filed with the SEC by a company soliciting shareholder votes. (This document contains the official notice and details for Paramount Global's 2025 Annual Meeting of Stockholders.)
- Proxy Statement
- A document that the SEC requires companies to provide to shareholders before a shareholder meeting, detailing the matters to be voted on. (Essential for Class A stockholders to understand the proposals and cast their votes for the 2025 Annual Meeting.)
- Class A Common Stock
- A class of common stock issued by Paramount Global, carrying voting rights. (Holders of this stock are specifically invited to vote on matters presented in the Notice of 2025 Annual Meeting.)
- Class B Common Stock
- Another class of common stock issued by Paramount Global, typically with different voting rights or characteristics than Class A. (Holders of this stock can access the webcast using their control number, though voting emphasis is on Class A.)
- Control Number
- A unique identifier (16-digit in this case) required for stockholders to access and participate in the virtual annual meeting. (Necessary for both Class A and Class B stockholders to log into the www.virtualshareholdermeeting.com/PARA2025 platform.)
- Live Webcast
- A real-time broadcast of an event over the internet. (The format for the 2025 Annual Meeting, allowing remote participation by stockholders.)
Year-Over-Year Comparison
This filing is a definitive proxy statement for the 2025 Annual Meeting, focusing on procedural aspects and the upcoming shareholder vote. Unlike filings that might detail financial performance, this document does not provide comparative year-over-year financial metrics. Its primary purpose is to inform stockholders about the meeting logistics and voting procedures, rather than to present a financial performance review against the prior year.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on June 2, 2025 regarding Paramount Global.