Paramount Layoffs Lead to Closure of MTV News
TL;DR
MTV News, which launched in the late 1980s and once brought news and analysis to the music generation, will shut down after 36 years as part of layoffs affecting 25% of employees at Showtime, MTV Entertainment Studios and Paramount Media Networks. Although it hasn’t been a major news organization in decades, MTV News joins many other outlets that have faced severe reductions or shutdowns in recent months, including CNN, BuzzFeed News and Vice Media.
- MTV News layoffs: The end of a nostalgic news site The Washington Post
- MTV News forced to close down after 36 years amid Paramount layoffs Fox News
- Paramount Media Networks, Showtime and MTV Entertainment Studios to Lay Off 25% of U.S. Staff as MTV News Shuts Down Variety
- MTV News to shut down as Paramount slashes US workforce CNN
- Paramount to cut 25% of workforce across entertainment divisions Seeking Alpha
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