Paramount Layoffs Lead to Closure of MTV News
TL;DR Summary
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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