MTV News Is Shutting Down, Loss Mourned By A Generation


Praca, Oferty Pracy

MTV News Is Shutting Down, Loss Mourned by a Generation

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It’s the end of an era. MTV News has officially closed after three decades of mass layoffs at parent company Paramount.

In an internal note received DiversityShowtime/MTV Entertainment Studios and Paramount Media Networks have confirmed that they will cut 25% of the total US workforce in media groups.


“This is a complex but important strategic realignment for our group,” said Chris McCarthy, president of Showtime/MTV Entertainment Studios and Paramount Media Networks. “By eliminating some divisions and streamlining others, we will be able to cut costs and create a more efficient approach to our business as we move forward.”

The news comes amid Paramount+’s teaming up with Showtime for streaming.

Most of the layoffs will affect Paramount-owned networks, including Nick, Comedy Central, CMT, Smithsonian, Logo, Pop TV, TV Land, Paramount Network and MTV.


“We are not taking this lightly,” McCarthy wrote to staff. “We have some of the most passionate and dedicated team members who put their all into growing our brands and business. That’s why it’s so hard to say goodbye to our friends and colleagues.”

MTV News has been around for 36 years, establishing itself in the late 80s as a hybrid network for those looking for the intersection of pop culture, politics and big news.

The network launched the careers of presenters Kurt Loder and Tabitha Soren, who provided real-time coverage of stunning pop culture events such as the deaths of Kurt Cobain and Tupac.

Social media users took to Twitter to mourn the loss of the iconic unit, posting their favorite clips and remembering how MTV News helped shape television entertainment news.


Last week, Paramount Global, which owns MTV and affiliated networks, reported weak earnings for the second quarter of 2023, sending the stock down nearly 28%.

The stock has suffered its worst day since CBS’ merger with Viacom in December 2019.


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