MTV News is shutting down as Paramount lays off 25% of its staff.
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Big changes are afoot at Paramount, as the company has announced that not only will it be shutting down MTV News after thirty-six years on the air, but will also be laying off approximately twenty-five percent of its staff. These layoffs will happen across a number of Paramount groups, including Showtime, MTV Entertainment Studios, and Paramount Media Networks, as a result of their integration with Showtime.
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