Paramount to shutter MTV News as part of major cutback
News, at one time a generation’s cutting-edge source for all things popular culture, is on the cutting board this week after media giant Paramount Global announced it would be eliminating 25% of its domestic workforce as it works through a merger of its MTV andAccording to the company, the decision to shut down MTV News was made despite the company’s success in the streaming market.
Media job cuts have not only come for smaller outlets. The Washington Post, CNN and a number of Gannett-owned papers have announced significant layoffs in the first few months of 2023. MTV News became a staple of youth television in the 1990s. The program’s reporting on new music and youth culture, in general, carved out a powerful niche for the company that began to break as the network moved away from its music video focus in the 2000s. Since then, MTV News has been scaled back significantly.
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