The truth behind the MTV rumors as corporate bosses look to slash costs

Image for article The truth behind the MTV rumors as corporate bosses look to slash costs
News Source : New York Post

News Summary

  • The music video channel that launched in 1981 and morphed into a reality-TV destination is – like its sister networks Comedy Central and Nickelodeon – getting slammed by cord cutting.
  • For now, CEO David Ellison and his No.
  • 2, Jeff Shell have no plans to shutter MTV’s US operations.
  • But the higher-ups at Paramount Skydance are weighing their options for MTV, insiders said.
  • One future possibility: Turning what remains of the franchise into a pure-play streaming property.
MTVs fourdecade run on cable TV in the US wont end anytime soon but its at risk of becoming an eventual casualty as the iconic networks corporate owners search for ways to slash costs, On The Money [+2196 chars]

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