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    MTV News shut down as Paramount Global cuts 25% of its staff

    Paramount Global, the parent company of networks including Showtime, CBS and Nickelodeon is cutting some 25% of its staff. Among the units being shutdown as a result of the downsizing is MTV News.
    by Elizabeth Blair May 09, 2023 2 minutes
    MTV News is shutting down, part of broader cost-cutting measures being implemented by its parent company Paramount Global.

    The entertainment world is bidding farewell to MTV News. The network's heyday ended years ago but, for a time, it was the go-to source for interviews with leading artists and newsmakers, from Madonna to Prince.

    The shutdown of MTV News comes as Paramount Global, the parent company of CBS, Nickelodeon, Comedy Central and Showtime announced today that it is laying off some 25% of its staff.

    In addition to, Paramount Global is doing considerable restructuring. Earlier this year, Showtime with MTV Entertainment Studios.

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