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Anticipated Rise in Collectibles Demand Starting 2024: The Collectibles Sector Estimated at $484.6 Billion, Projected to Grow at 9.2% Annually, According to Market Decipher Report

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PUNE, India, Dec. 11, 2024 /PRNewswire/ — A recently published report titled “Collectibles Industry Report, 2024–2034” provides comprehensive data and insights that have been thoroughly updated. Notably, this edition incorporates actual financial data from the 2023 fiscal year. The estimated Industry size for collectibles is projected to reach $622.4 billion in 2024. The report highlights several prominent sectors within the collectibles Industry, including Sports Memorabilia, Sports Trading Cards, Toys, and Coins & Stamps. Additionally, there is a significant increase in online sales across various categories within the collectibles, toys, and sports industries.

Apropos The Collectibles Industry

The collectibles industry, encompassing traditional and modern items, has experienced significant growth and transformation due to technological advancements, online industry marketplaces, and consumer behavior changes, encompassing a diverse range of items for personal interest and investment.

The year 2024 is projected to experience a significant increase in demand for popular collectibles, with the collectibles industry estimated to reach a valuation of $484.6 billion. This growth is anticipated to occur at an annual rate of 9.2%, according to the report published by Market Decipher.

Get research insights in detail: https://www.Industrydecipher.com/report/collectibles-Industry

“The growing online marketplace has significantly broadened access to global audience, thereby enhancing the visibility and transactional volume of collectibles. Owing to digitalization leading auction houses are increasingly hosting virtual auctions, which attract a global collector base and drive higher participation rates. Technologies such as blockchain and NFTs are revolutionizing the Industry by providing digital proof of ownership and authenticity, thereby increasing trust and value in digital collectibles.”

Chandradeep Singh (Collectibles Research Analyst at Market Decipher)

Download 2024 Version Sample: https://www.marketdecipher.com/request-sample/2660

Following Products have been covered in the report and separate report on each product for specific country can also be procured on client request:

Sports Memorabilia

Trading Cards

Artifacts

Modern Art

Music Collectible

Stamps

Coins/Currency

Anime

Vintage Car

Watches

Toys

Toy Cars

NFT

Black Memorabilia

Action Figurines

Auction Collectibles

Militaria

Porcelain/Glass

Dining

Trading/Resale

Maps

Music Speakers

Décor

Sports Jersey

Autographs

Victorian

Film Props

NFL

Comics

Dolls

Horse Riding

Golf

Vintage Camera

Ethnic

Vintage Fashion

Limited Sneakers

Coins

Disney Collectible

Video Game Toy

Jewellery

The Collectibles Sector: Economic Significance, Emotional Resonance, Investment Opportunities, and Technological Advancements

Economic Significance:

The global Industry is projected to reach USD 484.6 billion by end of 2024.There is potential for job creation and increased economic activity across various sectors.

Emotional and Cultural Resonance:

Collectibles act as physical links to individual histories and cultural legacies.Items such as vintage toys, rare comic books, and historical artifacts evoke feelings of nostalgia.

Investment Opportunities:

Collectibles are increasingly viewed as legitimate investment vehicles.Notable sales, such as the 1933 Double Eagle gold coin, highlight their investment potential.

Technological Advancements:

The advent of digital technology has reshaped the collectibles Industry.Non-fungible tokens (NFTs) offer innovative avenues for collectible assets.

Influence of Celebrities and Pop Culture Trends:

Celebrity endorsements and personal collections significantly boost demand.Trends in pop culture contribute to the expansion of the Industry.

Enhanced Accessibility via Online Platforms:

Online auction sites and Industry places make the collectibles Industry more accessible to a wider audience.

Analyzing the Features Stats of the Collectibles Industry.

Includes antiques, coins, sports memorabilia, stamps, toys, games, and pop culture items.Growth driven by nostalgia, disposable income, and changing perceptions of collectibles as investment assets.Technology plays a significant role with platforms like eBay, Etsy, blockchain, and NFTs.Value of collectibles is subjective influenced by factors like rarity, condition, and provenance.Baby Boomers dominate, millennials and Gen Z increasingly influential.Industry challenges include heterogeneity, uniqueness, illiquidity, and price volatility.

Overview of the Collectibles Industry Growth Trend 

The Collectibles Industry: Trends and Growth Dynamics

Key Factors Driving Growth:

Digital Transformation and Online Platforms: Websites such as eBay and Etsy have streamlined the buying and selling experience, drawing in new collectors and investors.Investment Potential: Collectibles are increasingly recognized as alternative investment options, particularly in light of low returns from conventional investments.Shifts in Cultural Perspectives and Millennial Engagement: Many collectibles evoke nostalgia or sentimental value, making them attractive to younger demographics.Influence of social media: Platforms like Instagram and TikTok have enabled the sharing of collectible items, fostering communities centered around specific interests.Global Reach: The internet’s global nature has expanded the Industry, reaching a broader audience for diverse collectible categories.

Industry Insights:

Industry Valuation: The global collectibles Industry is estimated to exceed $484.6 billion, with a projected compound annual growth rate (CAGR) of around 9.2% over the next 10 years.Segment Analysis: Trading cards, art collectibles, vintage and antique items, and demographic trends indicate that nearly 50% of collectors fall within the 25-45 age range, reflecting significant societal shifts.The anticipated growth trajectory of the collectibles Industry suggests a dynamic and evolving environment, where traditional collecting practices are increasingly integrated with modern technology, transforming how collectors discover, engage with, and invest in items.

Challenges Confronting the Collectibles Industry

Volatility in the collectibles Industry is influenced by trends, economic conditions, and collector sentiments.Online platforms like eBay and Heritage Auctions have improved accessibility, but authenticity and quality assurance are crucial.The abundance of information about collectibles can complicate determining fair Industry value.Liquidating collectibles can be arduous due to lengthy auction procedures and potential diminishing returns.Regulatory issues like taxation and international trade affect the Industry.Emotional factors and sentiments can lead to irrational investment choices.The rise in values has increased fakes and forgeries, highlighting the need for authentication services.Economic conditions, consumer behavior, cultural transformations, technological advancements, and legal and regulatory landscape shape the Industry.Intellectual property rights, tax implications, and ethical considerations also impact Industry dynamics.

Sports Memorabilia Collectibles Industry 

The global sports memorabilia Industry is anticipated to undergo substantial growth, with projections indicating a valuation of $271.2 billion by the year 2034, a remarkable increase from its estimated value of $33.6 billion in 2024. 

Industry Segmentation

Bobbleheads and StatuesHats, Caps, and JerseysClothing and Uniforms (including Jerseys and Sneakers)Flags and BannersBatsBallsPrints and Posters

(Get Sports Memorabilia Collectibles Industry Report: https://www.Industrydecipher.com/report/sports-collectibles-Industry)

Sports Trading Cards Industry

In 2024, the Industry for Sports Trading Cards is projected to be approximately USD 14.9 billion, with expectations that it will grow to an estimated USD 52.1 billion by 2034. 

Industry Segmentation includes:

Character CardsPokémon CardsImage CardsAutograph CardsOther Categories

(Get Sports Trading Cards Industry Research Report: https://www.Industrydecipher.com/report/sports-trading-cards-Industry)

Toy Collectibles Industry

The Toy Collectibles Industry, which is valued at $16.7 billion in 2024, is anticipated to experience substantial growth, with projections indicating an Industry value of approximately $43.7 billion by 2034. 

Industry Segmentation

Collectible DollsBobble-Head FiguresAction FiguresVarious FigurinesAnime CollectiblesCartoon CollectiblesMovie Character CollectiblesAdditional Collectibles

(Get Toy Collectibles Industry Research Report: https://www.Industrydecipher.com/report/toy-collectibles-Industry)

Coin & Stamps Collectibles Industry

The Industry for coin and stamp collectibles is projected to grow at a compound annual growth rate (CAGR) of 10.6%. Furthermore, there is a notable rise in demand for authentication services, indicative of the increasing interest in the collectibles sector pertaining to coins and stamps.

Industry Segmentation 

CoinsAncient CoinsBullion CoinsCommemorative CoinsRare CoinsProof SetsStamps18th Century Stamps19th Century Stamps20th Century Stamps21st Century Stamps 

Get Coin & Stamps Collectibles Industry Research Report: Coin & Stamps Collectibles Industry

Recent Advancements in the Collectibles Sector.

In June 2024, The Upper Deck Company, recognized as a global frontrunner in the realm of entertainment and sports trading cards, games, and collectibles, announced an expansion of its entertainment offerings through a collaboration with Warner Bros. In June 2024, the NHL, in conjunction with Fanatics, unveiled new jerseys for the 2024-25 season, showcasing innovative designs and advanced features for each team. In June 2024, Mattel, Inc. formed a partnership with Universal Pictures and the Academy Award-winning producer and screenwriter Akiva Goldsman, under his Weed Road production company, to develop a live-action theatrical adaptation of Monster High. In March 2024, the Certified Collectibles Group, a prominent authority in the authentication and grading of collectibles, announced a definitive agreement to acquire James Spence Authentication, a leading firm specializing in autograph authentication. In December 2023, eBay established a commercial partnership with COMC, a prominent player in the sports trading card sector, with the objective of enhancing the trading card hobby and offering innovative solutions for both sellers and collectors. In September 2023, Funko collaborated with Marvel to introduce a new series of NFT collectibles, merging iconic Marvel characters with the expanding digital collectibles landscape. 

Emerging Industries within the Collectibles Sector:

Digital Collectibles and NFTs Industry Trends

Blockchain technology has led to an escalation in digital collectibles, particularly non-fungible tokens (NFTs).Art Collectibles: Collectible art NFTs are growing, with a blending of physical and digital art collections digital twinsLuxury Collectibles: High-end brands are integrating luxury products into the Industry, including limited edition items and designer toys.Vintage Toys: Demand for vintage toys from the 80s and 90s is high, often fetching high prices.Sports Memorabilia: Trading cards, jerseys, and autographed items are seen as valuable due to their cultural significance.Coins and Stamps: Traditional forms of collecting continue to thrive, with rare coins and first edition stamps attracting serious collectors.Books and Comics: Interest in graphic novels, superhero comics, and rare first editions has revitalized this segment.Action Figures: Collectible action figures from popular franchises are gaining traction.Pop Culture Memorabilia: Items related to movies, TV shows, music bands, and video games are increasingly sought after.Automobilia: Collectibles related to automobiles are on the rise.

Any specific requirement or custom research request? Write your requirements here:
https://www.marketdecipher.com/request-sample/2660

About Market Decipher

Market Decipher is a market research and consultancy wing of Decipher Market Insights, involved in provision of market reports to organisations of varied sizes; small, large and medium. At Market Decipher, we concentrate on articulating relevant business policies conditional to the specific market domain for a sustainable growth. The services provided by us include syndicated research and custom research.

For more information, please visit: https://www.marketdecipher.com/

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David Correa
david@marketdecipher.com
Decipher Business Insights Pvt. Ltd.
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/U P D A T E — TrendAI/

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This release has been updated to include new information provided by TrendAI. The complete, corrected release follows, with additional details at the end:

TrendAI™ Adopts Claude Opus 5 to Advance Vulnerability Prioritization and Virtual Patching

As a participant in Anthropic’s Cyber Verification Program, TrendAI applies frontier reasoning to convert vulnerability intelligence into faster protection across hybrid environments

DALLAS, July 24, 2026 /PRNewswire/ — TrendAI™, the enterprise AI security leader from Trend Micro Incorporated (TYO: 4704; TSE: 4704), today announced it is adopting Claude Opus 5, Anthropic’s latest and most capable Opus model, to help security teams convert vulnerability intelligence into immediate protection, from prioritization to virtual patching. The move builds on TrendAI’s collaboration with Anthropic on Claude Opus 4.8, extending the same defensive focus to a model that delivers step-change gains in advanced reasoning, agentic workflows, and long-horizon analysis. As AI makes finding vulnerabilities easier than ever, the harder problem becomes protecting organizations faster than software can be permanently patched, and that is where TrendAI is putting Opus 5 to work.

As a participant in Anthropic’s Cyber Verification Program, which credentials organizations for the defensive use of frontier AI models, TrendAI is positioned to apply Claude Opus 5 to defensive security as access becomes available. The model is Zero Data Retention compatible, supporting TrendAI’s governance and data-protection requirements as it scales AI across security operations.

The work extends to TrendAI Threat Research, where frontier AI models are combined with our proprietary frontier intelligence engine and human expertise to generate pre-disclosure intelligence. Those insights power TrendAI Vision One™, delivering stronger detection, deeper forensic insights, and proactive protection through virtual patching.

Rachel Jin, Chief Platform and Business Officer, Head of TrendAI™:
“With Claude Opus 5, TrendAI can move from vulnerability intelligence to action faster than ever, prioritizing what matters most by exploitability and business impact. Finding the vulnerability was always the hard part. Now the challenge is protecting organizations faster than software can be permanently patched, and frontier reasoning is what changes that equation, extending all the way to virtual patching that protects customers before a vendor fix ships. This is what it means to secure the AI age, fearlessly.”

These capabilities support TrendAI Vision One™ in helping security analysts, AppSec teams, and SOC teams prioritize exposure, map attack paths, and accelerate mitigation, including virtual patching, across hybrid environments, moving vulnerability management from a static scanning process into a faster, context-aware risk mitigation workflow.

About TrendAI™
TrendAI™, the global AI security leader and enterprise business unit of Trend Micro, empowers organizations with full AI visibility and consolidated security that inspires confidence, drives innovation, and eliminates risk. Trusted by the largest enterprises and governments across 185 countries, TrendAI™ secures the entire organization, from identities, to infrastructure, to data. Global Fortune 500 companies rely on TrendAI™ to cut risk and stop threats up to three months earlier, powered by world-leading threat and attack intelligence. Through deep ecosystem partnerships with market leaders like NVIDIA, Anthropic, AWS, Google, and Microsoft, TrendAI™ empowers your organization to securely drive forward at the speed of AI. AI Fearlessly. Learn more: trendaisecurity.com

About Anthropic
Anthropic is an AI safety and research company dedicated to building reliable, interpretable, and steerable AI systems. Its Claude family of models, including Claude Opus 5, enables advanced capabilities across a wide range of applications, including code understanding and security analysis.

Update: The latest version of this release includes additional statements from TrendAI related to the original announcement.

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Ralph Ye on 10 Years of Entrepreneurship at CASEKOO: Less Identity Shift, More Habits That Endure

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NEW YORK, July 24, 2026 /PRNewswire/ — As CASEKOO approaches its 10th anniversary, founder Ralph Ye says the company’s biggest achievement isn’t measured by units sold, but by how its philosophy has evolved.

Ten years ago, Ye found himself frustrated by a simple problem: his phone wouldn’t stand upright on a fast-food table. Instead of accepting the inconvenience, he saw an opportunity to rethink what a phone case could do.

Today, CASEKOO has sold more than 20 million phone cases across 32 countries. Over the past decade, the company has evolved from creating protective accessories into designing products that fit naturally into everyday life.

“Innovation isn’t about changing identities,” Ye said. “It’s about making meaningful habits easier to keep.”

From Q Line to LinKOO

The evolution of CASEKOO’s product portfolio reflects a broader shift in the company’s design philosophy.

The journey began with the Q Line (Quality Line), a collection of crystal-clear phone cases engineered to deliver premium protection without compromising aesthetics. In 2021, CASEKOO introduced the E Line (Innovation Line), the world’s first phone case with an integrated ring stand. The product earned an iF Design Award and became an Amazon bestseller, demonstrating the market’s appetite for accessories that combined protection with everyday functionality. The X Line (Expression Line) followed, expanding the brand’s focus on personalization and expressive design.

Each product generation introduced new capabilities, but each also reinforced an important insight.

“We moved from Q Line to E Line to X Line, and every generation taught us something about what people actually need,” said Ye. “By the time we introduced The KOO series, we weren’t designing features anymore. We were designing around everyday behaviors.”

Today, the portfolio gives each rhythm a clear name: LinKOO — Link Your Way for hands-free carry, StandKOO — Elevate Your Day for hands-free viewing and grip, and X-LINE — Fit Your Vibe for expressive personalization.

It represents CASEKOO’s transition from designing accessories with added functions to creating products that support everyday habits. For the company, the future of consumer technology lies not in how many features a product offers, but in how seamlessly it integrates into the way people live.

A Philosophy Born from Everyday Life

The inspiration behind LinKOO came from one of Ye’s longest-standing habits.

For nearly two decades, he has left home every day holding his wife’s hand. One evening, while carrying his phone, keys, and wallet in his other hand, he realized how often everyday essentials compete with life’s simplest moments.

That observation inspired ClipSafe™, a foldable clasp integrated into the LinKOO series. Hidden when not in use and deployable with a single press, it allows users to carry everyday essentials without sacrificing comfort or aesthetics.

For CASEKOO, LinKOO is more than a product launch. It represents the company’s belief that technology should adapt to people—not the other way around.

“Ten years ago, we asked how to better protect a phone,” Ye said. “Today, we’re asking how to protect a moment.”

That is what designed to fit you means. That is Less Effort, More Living. And after a decade of iteration, failure, and quiet persistence, CASEKOO has finally arrived—not at an answer, but at a better question.

About CASEKOO

CASEKOO is a design-led lifestyle accessories brand built around a simple idea: freeing your hands in everyday life. Through thoughtful hands-free solutions, we help people move seamlessly between different moments of the day—from active, on-the-go moments to times of focus and connection.

What makes CASEKOO different from a regular phone case? We believe technology should support life, not interrupt it. By designing products that adapt naturally to how people live, work, and move, CASEKOO reduces everyday friction and creates a more effortless experience—making room for freedom, connection, and the moments that truly matter.

For more information, visit: casekoo.com.

Contact:
Charlotte Yu
brandteam@casekoo.com 

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Paramount Skydance Corporation Announces Extension of Expiration Dates of Previously Announced Exchange Offers and Tender Offers

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LOS ANGELES and NEW YORK, July 24, 2026 /PRNewswire/ — Paramount Skydance Corporation (NASDAQ: PSKY) (“Paramount”) today announced the extension of the Expiration Dates in connection with the previously announced (i) offers to purchase (the “Tender Offers” and each, a “Tender Offer”) for cash, upon the terms and subject to the conditions set forth in the related offer to purchase (the “Offer to Purchase”), any and all of the identified notes in each series of the Existing Tender Offer Notes (defined by reference to the table set forth below) issued by Discovery Global Holdings, Inc. (formerly WarnerMedia Holdings, Inc.) (the “DGH Issuer”) and Discovery Communications, LLC (the “DCL Issuer” and together with the DGH Issuer, each a “WBD Issuer” and collectively the “WBD Issuers”), as applicable, and (ii) offers to exchange (the “Exchange Offers” and each, an “Exchange Offer” and, together with the Tender Offers, the “Offers” and each, an “Offer”), upon the terms and subject to the conditions set forth in the related exchange offer memorandum (the “Offering Memorandum”), any and all of the identified notes in each series of the Existing Exchange Offer Notes (defined by reference to the table set forth below) (together with the Existing Tender Offer Notes, the “Offer Notes”) issued by the applicable WBD Issuer for notes to be newly issued by Paramount.

The Expiration Dates for the Tender Offers and Exchange Offers (as defined in each of the Offer to Purchase and Offering Memorandum, respectively) have been extended to 5:00 p.m., New York City time, on August 7, 2026, unless further extended. The Settlement Dates for the Tender Offers and Exchange Offers (as defined in each of the Offer to Purchase and Offering Memorandum, respectively) will occur promptly after the Expiration Date and are currently anticipated to occur in the third quarter of 2026. Paramount anticipates extending the Expiration Date for such Tender Offers and Exchange Offers until such time that would result in the Settlement Dates occurring on or promptly following the closing date of the proposed acquisition (the “Acquisition”) by Paramount of Warner Bros. Discovery, Inc. (“WBD”). Tenders of the Offer Notes in the Offers may be withdrawn at any time prior to the Expiration Date. The aforementioned extensions further extend the Expiration Dates previously extended by Paramount on June 12, 2026, June 26, 2026, July 13, 2026, and July 17, 2026.

As of 5:00 p.m., New York City time, on July 23, 2026, approximately 66.17% and 76.38% of the aggregate principal amount of the Existing Tender Offer Notes and Existing Exchange Offer Notes, respectively, have been validly tendered in the applicable Offers. As Paramount previously announced that it anticipates extending the Offers to align with the closing date of the Acquisition, Paramount does not view these figures to be representative of the final results of the applicable Offers.

Information about each series of Offer Notes eligible to participate in the Offers is summarized below.

Type of Offer

Offer Notes to be Tendered
or Exchanged, as
Applicable

Issuer of Offer Notes

CUSIP No. / Common Code 
/ ISIN Eligible to
Participate in the Offers (1)

Aggregate Principal
Amount of Offer Notes
Eligible to Participate in the
Offers (2)

Tender Offer

3.950% Senior Notes due 2028

DCL Issuer

25470D CP2

US25470DCP24

$1,234,458,000

Exchange Offer

4.125% Senior Notes due 2029

DCL Issuer

25470D CQ0

US25470DCQ07

$655,825,000

Exchange Offer

3.625% Senior Notes due 2030

DCL Issuer

25470D CR8

US25470DCR89

$914,183,000

Exchange Offer

5.000% Senior Notes due 2037

DCL Issuer

25470D CS6

US25470DCS62

$453,281,000

Exchange Offer

6.350% Senior Notes due 2040

DCL Issuer

25470D CT4

US25470DCT46

$438,102,000

Exchange Offer

4.950% Senior Notes due 2042

DCL Issuer

25470D CU1

US25470DCU19

$130,366,000

Exchange Offer

4.875% Senior Notes due 2043

DCL Issuer

25470D V91 CV9US25470DC

$141,584,000

Exchange Offer

5.200% Senior Notes due 2047

DCL Issuer

25470D W74 CW7US25470DC

$3,161,000

Exchange Offer

5.300% Senior Notes due 2049

DCL Issuer

25470D X57 CX5US25470DC

$247,860,000

Tender Offer

3.755% Senior Notes due 2027

DGH Issuer

254948 AH5

US254948AH58

254948 AN2

US254948AN27

U25483 AA3

USU25483AA38

$1,189,336,000

Exchange Offer

4.054% Senior Notes due 2029

DGH Issuer

254948 AJ1

US254948AJ15

254948 AP7

US254948AP74

U25483 AB1

USU25483AB11

$1,353,828,000

Exchange Offer

4.279% Senior Notes due 2032

DGH Issuer

254948 AK8

US254948AK87

254948 AQ5

US254948AQ57

$2,691,764,000

Exchange Offer

5.050% Senior Notes due 2042

DGH Issuer

254948 AL6

US254948AL60

254948 AR3

US254948AR31

U25483 AD7

USU25483AD76

$4,104,687,000

Exchange Offer

5.141% Senior Notes due 2052

DGH Issuer

254948 AM4

US254948AM44

254948 AS1

US254948AS14

$949,883,000

Exchange Offer

4.302% Senior Notes due 2030

DGH Issuer

XS3393993285

339399328

€234,382,000

Exchange Offer

4.693% Senior Notes due 2033

DGH Issuer

XS3393994507

339399450

€316,641,000

1

No representation is made as to the correctness or accuracy of the identifiers listed in this press release or printed on the Offer Notes. Such identifiers are provided solely for the convenience of the holders.

2

Represents the aggregate principal amount of Offer Notes outstanding that are eligible to participate in the Offers.

The Exchange Offers are being made pursuant to an exemption from the registration requirements of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and the rules and regulations of the Securities and Exchange Commission (the “SEC”) promulgated thereunder, and are also not being registered under any state or foreign securities laws. Any securities offered pursuant to the Exchange Offers may not be offered or sold in the United States or to any U.S. persons (as defined below) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Exchange Offers will only be made, and the securities offered pursuant to the Exchange Offers are only being offered and issued, to holders of applicable Existing Exchange Offer Notes who are (a) reasonably believed to be “qualified institutional buyers” as defined in Rule 144A under the Securities Act or (b) not “U.S. persons,” as defined in Rule 902 of Regulation S under the Securities Act (such holders, “Eligible Holders”), and only Eligible Holders who have completed and returned the eligibility certification are authorized to receive or review the Offering Memorandum or to participate in the Exchange Offers. The eligibility certification is available electronically at: https://gbsc-usa.com/eligibility/paramount.

General

Each Offer is a separate offer, and each may be individually consummated, amended, extended, terminated, or withdrawn, subject to certain conditions and applicable law, at any time in Paramount’s sole discretion, and without also consummating, amending, extending, terminating, or withdrawing any other Offer with respect to any other series of Offer Notes. Paramount may terminate an Offer if any of the conditions of such Offer described in the Offer to Purchase or Offering Memorandum, as applicable, are not satisfied or waived by the applicable Expiration Date, subject to applicable law. In addition, Paramount may waive the conditions to an Offer without extending such Offer in accordance with applicable law.

The Offers are being made solely by Paramount and are not being made by WBD or the WBD Issuers. None of Paramount, WBD, the WBD Issuers, the Dealer Managers, the Exchange Agent (as defined below), the Information Agent (as defined below), the trustees under each of the indentures governing the Offer Notes, the trustee or collateral agent under the indenture that will govern the notes to be issued in the Exchange Offers, or any affiliate of any of them makes any recommendation as to whether any holder of Offer Notes should tender or refrain from tendering all or any portion of the principal amount of such holder’s Offer Notes for cash or notes to be issued in the Exchange Offers. No one has been authorized by any of them to make such a recommendation. Holders must make their own decision whether to tender Offer Notes in any Offer and, if so, the amount of Offer Notes to tender.

Only Eligible Holders may receive a copy of the Offering Memorandum and participate in the Exchange Offers. Paramount has engaged Global Bondholder Services Corporation to act as the exchange agent (in such capacity, the “Exchange Agent”) and information agent (in such capacity, the “Information Agent”) for the Offers. Questions concerning the Offers, or requests for additional copies of the Offer to Purchase or Offering Memorandum or other related documents, may be directed to Corporate Actions by telephone at (855) 654-2014 (U.S. toll-free) or (212) 430-3774 (banks and brokers) or by email at contact@gbsc-usa.com. Holders should also consult their broker, dealer, commercial bank, trust company or other institution for assistance concerning the Offers. The Exchange Offer documents and the Tender Offer documents can be accessed at the following link: https://gbsc-usa.com/paramount.

Paramount has engaged BofA Securities and Citigroup as dealer managers (in such capacity, the “Dealer Managers”) for the Offers. Holders with questions regarding the Offers should contact BofA Securities, Inc. at +1 (888) 292-0070 (toll-free) or +1 (980) 388-3646 (collect) or debt_advisory@bofa.com or Citigroup Global Markets Inc. at +1 (800) 558-3745 (toll-free) or +1 (212) 723-6106 or ny.liabilitymanagement@citi.com. Latham & Watkins LLP is serving as legal counsel to Paramount and Cahill Gordon & Reindel LLP is serving as legal counsel to the Dealer Managers.

This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security, and does not constitute an offer, solicitation, or sale of any security in any jurisdiction in which such offer, solicitation, or sale would be unlawful.

About Paramount, a Skydance Corporation

Paramount, a Skydance Corporation is a next-generation global media and entertainment company, comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. PSKY’s portfolio unites legendary brands, including Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV, and Skydance Animation, Film, Television, Interactive/Games, and Paramount Sports Entertainment.

PSKY-IR

Cautionary Note Concerning Forward-Looking Statements

This communication contains “forward-looking statements” regarding the Acquisition and the other transactions referred to herein. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Paramount. Risks and uncertainties include, but are not limited to: the risk that the closing conditions for the Acquisition will not be satisfied, including the risk that clearances under applicable antitrust or regulatory laws will not be obtained or will be obtained subject to conditions that are not anticipated; the possibility that the transactions described herein will not be completed in the expected timeframe or at all; the occurrence of any event, change or other circumstances that could give rise to the termination of the Acquisition; potential adverse effects to the businesses of Paramount or WBD during the pendency of the Acquisition, such as employee departures or distraction of management from business operations; negative effects of the announcement or the consummation of the Acquisition on the market price of WBD or Paramount stock; the risk of stockholder litigation relating to the Acquisition, including resulting expense or delay; the potential that the expected benefits and opportunities of the Acquisition, if completed, may not be realized or may take longer to realize than expected; risks related to the streaming business of the post-Acquisition combined business (the “Combined Company”); the adverse impact on the Combined Company’s advertising revenues as a result of changes in consumer behavior, advertising market conditions, and deficiencies in audience measurement; risks related to operating in highly competitive and dynamic industries; the unpredictable nature of consumer behavior, as well as evolving technologies and distribution models; risks related to the Combined Company’s decision to invest in new businesses, products, services, and technologies, and the evolution of the Combined Company’s business strategy; the potential for loss of carriage or other reduction in, or the impact of negotiations for, the distribution of the Combined Company’s content; damage to the Combined Company’s reputation or brands; losses due to asset impairment charges for goodwill, content and long-lived assets, including finite-lived intangible assets; liabilities related to discontinued operations and former businesses; increasing scrutiny of, and evolving expectations for, sustainability initiatives; evolving business continuity, cybersecurity, privacy and data protection and similar risks; challenges in protecting and maintaining the Combined Company’s intellectual property rights; domestic and global political, economic and regulatory factors affecting the Combined Company’s business generally or the Acquisition; the inability to hire or retain key employees or secure creative talent; disruptions to the Combined Company’s operations as a result of labor disputes; risks and costs associated with the integration of, and Paramount’s ability to integrate, the businesses of Paramount Global, Skydance Media, LLC, and WBD successfully and to achieve anticipated synergies, including in the amounts or on the timelines anticipated to realize such synergies; litigation related to the Acquisition and other matters or transactions; risks associated with the Combined Company’s holding company structure, including its dependence on distributions from its subsidiaries to meet tax obligations and other cash requirements; risks related to our indebtedness, including our substantial outstanding debt obligations, our ability to incur substantially more debt and our ability to meet the financial and other covenants contained in the agreements governing the indebtedness of Paramount, WBD, or the Combined Company. A further list and description of these risks, uncertainties and other factors and the general risks associated with the respective businesses of Paramount and WBD can be found in Paramount’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 25, 2026, including in the sections captioned “Cautionary Note Concerning Forward-Looking Statements” and “Item 1A. Risk Factors,” Paramount’s most recently filed Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 4, 2026, including in the sections captioned “Cautionary Note Concerning Forward-Looking Statements” and “Item 1A. Risk Factors,” and Paramount’s subsequent filings with the SEC, and in WBD’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 27, 2026, including in the section captioned “Item 1A. Risk Factors,” WBD’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed with the SEC on May 6, 2026, and WBD’s subsequent filings with the SEC. Neither Paramount nor WBD undertakes to update any forward-looking statement as a result of new information or future events or developments, except as required by law.

 

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SOURCE Paramount Skydance Corporation

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