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Offline MeganC

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Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« on: August 09, 2024, 06:49:26 pm »
https://www.hollywoodreporter.com/tv/tv-news/paramount-layoffs-domestic-networks-group-1235483231/

(Excerpted, go to the link for the full story)

The cuts keep coming.

Chris McCarthy’s swath of Paramount Global is laying off 25 percent of its domestic team today. The reduction comes on the heels of integrating Showtime into his cable and streaming purview, which will be consolidated into two functions going forward. There are “studios,” which now combine Showtime with MTV Entertainment Studios, and “networks,” which will merge nine separate teams into one portfolio group. The majority of the cuts are being felt by the latter group, with certain units, including MTV News, being shut down altogether. Paramount Global had 24,500 employees companywide as of the end of 2022.

******************

More recently, parent company Paramount Global posted dismal quarterly earnings, citing such factors as an 11 percent drop in TV ad revenue. CEO Bob Bakish said in a call with investors that the company is “navigating a challenging and uncertain macroeconomic environment, and you see the impact of that on our financials, as the combination of peak streaming investment intersects with cyclical ad softness.”
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Offline MeganC

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Re: Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« Reply #1 on: August 09, 2024, 06:49:54 pm »
Go woke, go broke. That's how it works!  :tongue2:
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Re: Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« Reply #2 on: August 09, 2024, 08:12:28 pm »
Awwwww.  Who will insult my intelligence now?   :pondering: :pondering:
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Offline libertybele

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Re: Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« Reply #3 on: August 09, 2024, 09:04:26 pm »
Quote from: Cyber Liberty on August 09, 2024, 08:12:28 pm
Awwwww.  Who will insult my intelligence now?   :pondering: :pondering:

Duh ..... CNN :silly:
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Offline Smokin Joe

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Re: Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« Reply #4 on: August 09, 2024, 10:42:31 pm »
"MTV News" was sh*t anyway, imho. One less brainwashing device out there is a good thing.
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Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

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Re: Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« Reply #5 on: August 10, 2024, 11:05:49 am »
Quote from: Smokin Joe on August 09, 2024, 10:42:31 pm
"MTV News" was sh*t anyway, imho. One less brainwashing device out there is a good thing.

I have never heard of MTV News.   :shrug:
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Offline Smokin Joe

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Re: Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« Reply #6 on: August 10, 2024, 11:10:09 am »
Quote from: Cyber Liberty on August 10, 2024, 11:05:49 am
I have never heard of MTV News.   :shrug:
Propaganda between music videos and what I call 'hollywood babble'.
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How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

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Re: Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« Reply #7 on: August 10, 2024, 11:26:05 am »
Quote from: Smokin Joe on August 10, 2024, 11:10:09 am
Propaganda between music videos and what I call 'hollywood babble'.

It would not hold my attention for 5 seconds.
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For unvaccinated, we are looking at a winter of severe illness and death — if you’re unvaccinated — for themselves, their families, and the hospitals they’ll soon overwhelm. Sloe Joe Biteme 12/16
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Offline Smokin Joe

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Re: Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« Reply #8 on: August 10, 2024, 08:19:44 pm »
Quote from: Cyber Liberty on August 10, 2024, 11:26:05 am
It would not hold my attention for 5 seconds.
Just long enough to see what spin the Left was feeding kids nowadays.
I end up talking with a few youngsters here and there, and it helps to have heard the BS before they parrot it so you don't start off debunking it with profane questions about the source of the latest nonsense.
« Last Edit: August 10, 2024, 08:20:58 pm by Smokin Joe »
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How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

Offline SZonian

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Re: Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« Reply #9 on: August 10, 2024, 08:21:22 pm »
Quote from: Cyber Liberty on August 10, 2024, 11:26:05 am
It would not hold my attention for 5 seconds.
Leftist sound bites that the kids ate up...good that it's gone.
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Online Wingnut

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Re: Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« Reply #10 on: August 10, 2024, 08:21:42 pm »
Quote from: Smokin Joe on August 10, 2024, 11:10:09 am
Propaganda between music videos and what I call 'hollywood babble'.

MTV still shows music Videos?
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Offline Smokin Joe

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Re: Paramount Cuts 25 Percent of Staff From TV Networks, MTV News Shutting Down
« Reply #11 on: August 11, 2024, 02:31:03 am »
Quote from: Wingnut on August 10, 2024, 08:21:42 pm
MTV still shows music Videos?
Between propaganda segments, at least when I last watched any of it.
It (MTV) was another of my completely wrong predictions of things that would be gone in a year or two at most. 'Rap' was another.
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How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis
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