The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


MTV Networks Cuts About 50 More From Music Group

  • Comments Comments (View)
  • Text Size: A A

MTV Networks (NYSE: VIA), part of Viacom, has cut about 75 50 more people, about one percent of its total employees in the U.S. Update: the figure is more like 50, a source tells us, with some more jops being reconfigured. The cuts affected mainly the mid-level execs in the program-development department, digital division and scheduling at the company’s Music and Logo group (which included MTV, VH1, CMT and Logo channels), according to B&C, clearly indicating the troubled division within the company. The ones not affected: the Entertainment group (which houses Comedy Central) and Kids & Family Group (which houses Nickelodeon).

SEE ALSO: Viacom Slashing Staff By 7 Percent; Will Take Charge Of At Least $400 Million In Q4, Internal Memo

Just last week, MTV’s head programming czar Brian Graden, president of the Music and Logo group and responsible for cultural touchstones such as South Park,” “The Osbournes” and “Pimp My Ride”, announced that he would be leaving the company after December. Variety had a good story last week on Graden’s departure, and the generational shift going on within MTV’s main division, and the company’s attempt to reinvent itself as the network for “millennials”, with new shows such as “It’s On With Alexa Chung”, a social media heavy TRL replacement.

This follows about 850 layoffs that parent Viacom did late last year, the majority of which were from MTVN.

Updated: The company wouldn’t confirm the divisions affected, or the total number, but did send us this statement: “As evidenced by many companies today, the current economic climate dictates we continue to look for more efficiencies in how we run our businnesses. These are difficult decisions that need to be made in order to better position us for future growth.”

Jun 23, 2009 5:06 PM ET

MTV Networks Studio Photo: Flickr/carldunniii


Posted In: Companies, Viacom, MTV

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

1. Static HTML: iframe tabs
2. Static Iframe Tab
3. CityVille
4. Texas HoldEm Poker
5. BandPage by RootMusic
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff