MTV to shut down news division amid Paramount layoffs

[GURPS]

"[W]e have made the very hard but necessary decision to reduce our domestic team by approximately 25%. This is a tough yet important strategic realignment of our group," he said. "Through the elimination of some units and by streamlining others, we will be able to reduce costs and create a more effective approach to our business as we move forward."

"Today we will notify employees whose positions are being impacted with leaders communicating the news directly to those teams/or individuals. These meetings will be followed by individual 1:1s with our HR partners," he added.

MTV News is the latest in a series of media groups to face considerable layoffs, joining the likes of Buzzfeed News, which was also recently dissolved. Other news outlets such as NPR have slashed their staff in recent months while entertainment-based firms such as Disney, Meta, and Amazon have reduced their staff numbers this year.

MTV to shut down news division amid Paramount layoffs

MTV News is merely the latest in a series of media groups to face considerably layoffs.

justthenews.com

 

[vraiblonde]

The progbot media market is saturated.

 

[CPUSA]

The progbot media market is saturated.

And nobody is watching any of it...

 

[Hijinx]

If MTV wasn't included in packages it would have been out of business a long time ago.
It's one of those stations no one watches.

 

[PrchJrkr]

MTV was pretty awesome when it first appeared. They actually had music videos! Like everything else libs touch, it turned to sheet.

 

[RoseRed]

MTV was pretty awesome when it first appeared. They actually had music videos! Like everything else libs touch, it turned to sheet.

Video killed the radio star...

 

[Clem72]

"[W]e have made the very hard but necessary decision to reduce our domestic team by approximately 25%. This is a tough yet important strategic realignment of our group," he said. "Through the elimination of some units and by streamlining others, we will be able to reduce costs and create a more effective approach to our business as we move forward."

"Today we will notify employees whose positions are being impacted with leaders communicating the news directly to those teams/or individuals. These meetings will be followed by individual 1:1s with our HR partners," he added.

MTV News is the latest in a series of media groups to face considerable layoffs, joining the likes of Buzzfeed News, which was also recently dissolved. Other news outlets such as NPR have slashed their staff in recent months while entertainment-based firms such as Disney, Meta, and Amazon have reduced their staff numbers this year.

MTV to shut down news division amid Paramount layoffs

MTV News is merely the latest in a series of media groups to face considerably layoffs.

justthenews.com

Oh no, what is Kurt Loder going to do now?

 

[OccamsRazor]

Its pretty interesting how MTV went from the music video goliath that it was to the reality show midget it became. There are some good documentaries about it on 'Tube and other places.

Spoiler: It was all due to advertising revenue

 

[spr1975wshs]

Video killed the radio star...

The Buggles

 

[stgislander]

I stopped watching MTV when they became more game show than music video.

 

[Monello]

I remember being stationed overseas in the early 1980s. People would have VCR tapes of MTV videos shipped over. People sat around in the barracks on their time off and watched them all the time.

I'd get bored after the 4th video, looking to do something a bit more exciting.

 

[Grumpy]

I stopped watching MTV when they became more game show than music video.

Used to watch "Remote Control", just watched a small segment of it on youtube..damn, Ken Ober was so damn lame.