MTV News will close for good, ending a 36-year run in which it first ran a successful television show but then failed to adapt to the turbulent news industry. The closure comes as part of layoffs announced by parent company Paramount, which said on Tuesday it will cut 25 percent of its total staff.Paramount Global, which encompasses MTV Entertainment, CBS, Nickelodeon and Showtime, will also streamline its national cable news networks, the company said.
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