MTV, Paramount and Ridiculousness
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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.
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.
Paramount TV Studios is reorganizing its leadership team amid the mass layoffs at Paramount following its merger with Skydance.
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. The former The View co-host took to social media to share the news that she was laid off although she said some of her reports will appear “in
Veteran anchor Gayle King may leave "CBS Mornings" amid a sweeping overhaul and layoffs after the controversial Paramount Skydance merger, according to reports. King is expected to leave the CBS weekday morning show as her contract approaches expiration in May 2026,
Ellison, for his part, reiterated that he plans to invest in the company, plans supported by the monster $7.7. billion deal for UFC rights, as well as deals for things like Bari Weiss’ The Free Press, film rights for the Call of Duty video game franchise, and a deal with the Duffer Brothers, among others.
There are more big changes coming for CBS News, but for the first time in a while, they can’t be traced to new editor-in-chief Bari Weiss. Paramount underwent a round of layoffs today, eliminating 1,000 jobs across the company.