After 36 years, MTV News is closing its doors this week as part of Paramount Global’s latest wave of major layoffs, the firm stated in a memo on Tuesday 9 May.
MTV News premiered in 1987 as a cable television alternative to conventional news networks that covered topics like music, pop culture, news, and politics.
Reporters like Kurt Loder, Tabitha Soren, Gideon Yago, Alison Stewart, SuChin Pak, and others have amassed an impressive list of high-profile interviews with the likes of former President Barack Obama, John McCain, Bill Gates, and others over the years.
When asked by a town hall attendee in 1994 whether he preferred “briefs” or “boxers,” former President Bill Clinton made history by answering live on MTV’s “Enough Is Enough” that he preferred briefs.
“Mr. President, the world’s dying to know, is it boxers or briefs?” the woman asked then-president Clinton.
“Usually briefs. I can’t believe she did that,” Clinton said.
As per an internal memo from Showtime/MTV Entertainment Studios and Paramount Media Networks president Chris McCarthy obtained by the LA Times, the decision to close the news unit comes amid a new round of layoffs at the company that reportedly cut MTV and Showtime’s staff by nearly 25%.
A strategic reorganization of our group, as difficult as it may be, is crucial, McCarthy stated. We will be able to minimize expenses and develop a more efficient method of doing business in the future by doing away with some divisions and streamlining others.
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Employees and fans of MTV News for a long time lamented the news on Twitter late Monday, with many thanking Loder for covering “so many huge moments in pop culture.”
Josh Horowitz, the face of MTV’s movie coverage since 2006, tweeted:
This is a very sad day for a lot of friends and colleagues. Many great people lost their jobs. I was hired by MTV News 17 years ago. I’m so honored to have been a small part of its history. Wishing the best for the best in the business. pic.twitter.com/23dgTzCSU1
— Josh Horowitz (@joshuahorowitz) May 9, 2023
TV anchor Aliya Jasmine wrote:
Wow! MTV News announced it will be shutting down – literally the end of an era 💔 huge part of my career was anchoring this iconic show for over a decade… formed me, formed a few generations… wow. pic.twitter.com/jVy1lLjwj7
— Aliya Jasmine (@aliyajasmine) May 9, 2023
Carlos Harris tweeted:
If you lived in the era of Kurt Loder and Tabitha Soren @ MTV News, you have lived. So many huge moments in pop culture: Kurt Cobain, Biggie, and 2Pac passings, Courtney Love crashing Madonna’s interview, etc. https://t.co/viCyU6lSIg pic.twitter.com/rmdnRDYVfK
— Carlos (@carlosjharris) May 9, 2023
Screen Rat lead features trainer Alisha Grauso tweeted:
MTV News got an entire generation of Gen Xers and older millennials to start paying attention to global events, politics, the world. Kurt Loder & the MTV News crew expanded a part of my brain that living in small-town rural America never could. https://t.co/ZehpNmx6jD
— Alisha Grauso (@AlishaGrauso) May 9, 2023
The company’s layoffs follow Paramount Global, the parent company of MTV, announcing last week that it had a net loss of $1.1 billion in the first quarter of this year.
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