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Kennedy Saves the World

Kennedy (And Lemmy) Say Goodbye To MTV News

Kennedy Saves the World

FOX News Podcasts

Entertainment News, News, Society & Culture, News Commentary

4.5 • 810 Ratings

🗓️ 11 May 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

After 36 years, Showtime/MTV Entertainment Studios and Paramount Media Networks President Chris McCarthy announced that the network will be shutting down MTV News. As a media source where many Gen-X and Millennials consumed entertainment and political coverage, it marks end of an era for many Americans.   Kennedy shares that while she is sad to see the network come to an end, she is not surprised. She reminds listeners that 25% of Paramount Global's employees were laid off and explains that MTV unfortunately does not have a generation anymore, because the entertainment that binds people together generationally are now located in the palm of their hands. Follow Kennedy on Twitter: @KennedyNation Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Some follow the noise.

0:03.3

Bloomberg follows the money.

0:05.4

Because behind every headline is a bottom line.

0:09.3

Whether it's the funds fueling AI or crypto's trillion dollar swings,

0:13.8

there's a money side to every story.

0:16.5

And when you see the money side, you understand what others miss.

0:20.8

Get the money side of you understand what others miss.

0:22.3

Get the money side of the story.

0:25.2

Subscribe now at Bloomberg.com. Thank you. Oh, hello and welcome to this episode of Kennedy Saves the World.

0:46.7

Today I'm joined by my obese chowderhound, my lovely, luscious plump French bulldog, Lemmy.

0:56.1

There's just more of him to love.

0:57.7

Sometimes I think he's wasting away to nothing.

0:59.9

He's very sad because MTV News has been shuttered.

1:05.0

The entire division is gone.

1:07.7

Paramount networks having to lay off 25% of their staff, which is very devastating

1:14.0

for people who have been devoted to the cause of MTV News for 36 years.

1:20.0

When I started at MTV in 1992, MTV News had already been around for five years, and it was a

1:25.5

very big deal, and it was something that was heavily invested in and highly regarded by all of the network brass, especially Judy McGrath, who at the time was a president of MTV.

1:39.0

And, you know, she appreciated their projects and the hard work that they put into creating a news organization

1:47.8

within the chaos of a music video network.

1:52.5

And it's interesting because the people who are sad about it are people who don't watch

1:56.7

MTV at all now because it's not for us.

...

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