Paramount Skydance Corporation, the current parent company of the brand, has confirmed the closure of several MTV thematic channels.
The television industry continues to evolve, and this time, it’s MTV — one of the most iconic symbols of pop culture — that faces an unprecedented restructuring.
Paramount Skydance Corporation, the current parent company of the brand, has confirmed the shutdown of several Music Television themed channels that for decades offered programming focused on music, entertainment, and nostalgia.
The cuts will begin in the United Kingdom and Ireland, markets where the channel has had a strong presence since the 1990s. However, the shutdown won’t be limited to the British Isles: Paramount has already indicated that the measure will expand to much of continental Europe and other international territories.
Author's summary: MTV shuts down music channels due to industry evolution.