Showtime lays off 120 staff

Showtime, the US cable network, has let go of some 120 staff as part of its cost-cutting exercise in its merger with Paramount Media Networks into Paramount+.

The news comes amidst a greater integration between MTV Entertainment Studios and Showtime. In January, Paramount Global announced that Showtime’s premium cable pay-TV service as well as the top tier of Paramount+ will combine into a newly-branded service, Paramount+ With Showtime.

Source: Showtime lays off 120 staff