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The Extent Of Showtime Layoffs Revealed

Monday started with a shock and awe campaign at Showtime as the exits of a slew of top executives were announced in short succession. By the end of the day, about 120 people in total had lost their jobs in the layoffs, sources confirm to Deadline. That represents more than 10% of the company’s workforce.

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Showtime Lays Off Nearly 120 Employees Amid Paramount+ Integration

Jennifer Maas TV Business Writer Showtime laid off approximately 120 staffers Monday amid a streaming-focused restructuring that saw the exits of several top execs as the pay TV channel’s team was merged into MTV Entertainment Studios, a spokesperson confirmed. No other details were available regarding which departments within Showtime were impacted, though a source close to the situation tells Variety those cuts could amount to roughly 25% of Showtime’s workforce. As reported earlier Monday, Showtime co-presidents Gary Levine and Jana Winograde are exiting their current posts amid a continuing shakeup at the pay TV channel, with Levine shifting to an advisory role and Winograde leaving Paramount Global entirely.

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Showtime and MTV Entertainment Studios Teams Merge, New Leadership Revealed as Four More Execs Exit

Jennifer Maas TV Business Writer That didn’t take long at all: Just after revealing that Showtime co-presidents Jana Winograde and Gary Levine are stepping down from their current roles, with Winograde exiting entirely and Levine moving into an advisory position, parent company Paramount Global has revealed that the remaining Showtime team will be merging with sister brand MTV Entertainment Studios. Within the combined entity — created as Showtime’s linear and streaming platforms are being integrated into Paramount+ and rebranded to Paramount+ With Showtime — a new leadership structure has been set by Paramount’s president and CEO of streaming Tom Ryan and president and CEO of Showtime and Paramount Media Networks Chris McCarthy.

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Showtime Sets New Leadership Under Nina Diaz As It Merges With MTV Entertainment Studios, More Execs Exit Including Docs Chief Vinnie Malhotra

The full extent of the changes at Showtime have started to emerge as the premium cable network has set its new leadership team under Nina L. Diaz with more executives leaving following the corporate restructure.

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Showtime, BET Networks Exec Michael Crotty Upped To COO & CFO, Paramount Global Premium Group

Showtime and BET Networks executive Michael Crotty has been promoted to COO & CFO, Paramount Global Premium Group, which includes Showtime Networks, BET Networks, Paramount Television Studios and Bellator.

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hollywoodreporter.com

06.07.2020 / 13:31

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Showtime Networks Names Michael Crotty CFO