After nearly four decades of covering the music industry for one of the largest entertainment brands in the world, MTV News is officially shutting down. The major division of Paramount was already downsized in 2017, but it was evidently not profitable enough for company standards to keep it alive. Simultaneously, 25% of employees across Showtime, MTV Entertainment Studios, and Paramount Media Networks will lose their jobs.
MTV News was a music media institution that covered more than just music, but also shed light on important topics that affected the country. In a memo obtained by Variety to the staff, President Chris…
