Paramount Skydance Corporation, the parent company of MTV, has confirmed the closure of several thematic channels.
The television industry is evolving, and MTV, an iconic symbol of pop culture, is facing restructuring. The shutdown will begin in the UK and Ireland, where the channel has had a strong presence since the 1990s.
The measure will expand to continental Europe and other international territories. The channels offered programming focused on music, entertainment, and nostalgia.
Paramount Skydance Corporation has confirmed the shutdown of several Music Television themed channels.
Author's summary: MTV shuts down music channels due to industry evolution.