MTV, Paramount and Ridiculousness
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A number of television executives have been affected by the major round of layoffs at Paramount, the first since the company was established by the $8.4 billion merger of Paramount Global and Skydance in August.
The changes come as Skydance TV and the former MTV Entertainment and Showtime groups come under the Paramount TV Studios banner, led by Matt Thunell.
A former CBS News producer accused the network of “race-based layoffs” after corporate parent Paramount Skydance introduced sweeping cuts.
Lisa Ling is one of the CBS News personalities that have been cut from the network amid the massive layoffs at Paramount following its acquisitionn by Skydance.
Paramount Skydance is laying off about 10% of its workforce, achieving some of the cost savings that CEO David Ellison promised investors when he took charge of the media company over the summer.