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Elizabeth Blair

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

MTV News Paramount Global Paramount MTV Showtime Chris McCarthy CBS Networks Nickelodeon Entertainment

MTV News is shutting down, part of broader cost-cutting measures being implemented by its parent company Paramount Global. (Igor Golovniov/SOPA Images/LightRocket via Getty Images)

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.

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