Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home Music

CMT Impacted By Paramount Global Layoffs

Connie Marie by Connie Marie
September 26, 2024
in Music
0
CMT Impacted By Paramount Global Layoffs
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Donald Trump Credits ‘YMCA’ Dance for Song’s Billboard Chart Rise

Quiet Light’s liminal bedroom pop

Older, Sadder, Better: American Football Leans In On ‘LP4’

A number of staffers at CMT, the Nashville-based country music and lifestyle programming network, have been let go as part of a broad swath of staff cuts taking place at Paramount Global.

Billboard has learned that among the music and talent team leaving are Stacey Cato (director of music and talent), Quinn Brown (vp of production), Ray Sells (senior director of production), Jennifer DeVault (senior producer), Jordan Walker (senior manager of music and talent), Abbi Roth (senior manager of music and talent) and Bryana Cielo (executive assistant), as well as Heather Graffagnino, vp of production management.

Among those remaining are Margaret Comeaux (senior vp of music and events production), Donna Duncan (vp of music and talent), Melissa Goldberg (vp of digital and social), Yasmin Mohammed (producer) and David Bennett (creative director).

Sources say that Paramount will continue to support CMT and is positioning the outlet for the future, but what that looks like is unclear.

This week, Paramount Global began a second round of staff cuts, as it continues its aim of reducing its U.S. workforce by 15%, seemingly in preparation for the company’s planned merger with Skydance Media. In a memo to staffers on Monday (Sept. 24), Paramount’s co-CEOs George Cheeks, Chris McCarthy and Brian Robbins stated, “Like the entire media industry, we are working to accelerate streaming profitability while at the same time adjusting to the evolving landscape in our traditional businesses. In order to set Paramount up for continued success, we are taking these actions. Days like today are never easy. It is difficult to say goodbye to valued colleagues, and to those departing, we are incredibly grateful for your countless contributions.”

The cuts come as the company, like many legacy media companies, is seeing a decline in linear television viewership and advertising, and consumers continue to move toward streaming video and digital.

In June, Paramount cut nearly all the content roles across its CMT, MTV, Comedy Central and TV Land websites, while storied news site MTVnews.com was taken down. During a town hall on June 25, McCarthy noted that Paramount’s revenue had grown by 13% between 2018 and 2023, while the company’s operating income before depreciation and amortization (OIBDA) has fallen 61% during that same time frame. Thus, they are aiming at cutting $500 million in costs.

Country radio trade publication Country Aircheck first reported a number of the layoffs.

Reps for Paramount Global had not responded to Billboard‘s request for confirmation by press time.



Source link

Tags: CMTGlobalImpactedlayoffsParamount
Share30Tweet19
Connie Marie

Connie Marie

Recommended For You

Donald Trump Credits ‘YMCA’ Dance for Song’s Billboard Chart Rise

by Connie Marie
May 3, 2026
0
Donald Trump Credits ‘YMCA’ Dance for Song’s Billboard Chart Rise

Donald Trump is claiming that his dance moves to the Village People’s “Y.M.C.A.” helped drive a resurgence of the song on the Billboard charts. During a speaking engagement...

Read more

Quiet Light’s liminal bedroom pop

by Connie Marie
May 3, 2026
0
Quiet Light’s liminal bedroom pop

Quiet Light once said she wanted her music to “feel like a dream sequence.” It’s an apt comparison for someone whose pop songs feel as bleary and spectral...

Read more

Older, Sadder, Better: American Football Leans In On ‘LP4’

by Connie Marie
May 3, 2026
0
Older, Sadder, Better: American Football Leans In On ‘LP4’

On its improbable third album since reuniting in 2014 after a 14-year hiatus, American Football isn’t interested in reclaiming youth so much as interrogating what came after it....

Read more

Pras Michel Begins 14-Year Prison Sentence for Money Laundering

by Connie Marie
May 3, 2026
0
Pras Michel Begins 14-Year Prison Sentence for Money Laundering

Fugees rapper Prakazrel "Pras" Michel surrenders to authorities and starts a 14-year prison sentence for money laundering and illegal lobbying.According to a Rolling Stone report, published on Friday...

Read more

Robert Plant, David Byrne Highlight Big Ears 2026: Live Review

by Connie Marie
May 3, 2026
0
Robert Plant, David Byrne Highlight Big Ears 2026: Live Review

It’s easy to experience musical whiplash at the Big Ears Festival.As you hop around Knoxville, Tennessee’s sweltering clubs and regal theaters, you may soak in jazz-funk textures at one...

Read more
Next Post
RHOSLC’s Meredith Marks Says She Feels “Used” by Mary Cosby

RHOSLC’s Meredith Marks Says She Feels “Used” by Mary Cosby

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Druski Brings His Characters & Chaos As 2026 BET Awards Host
  • Halle Bailey Makes Red Carpet Debut With Scott Bridgeway
  • ELDEN RING Movie Set Videos Reveal First Look at Queen Marika and More — GeekTyrant

Copyright © 2025 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2025 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In