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Internet Archive Creates Searchable MTV News Database After Paramount Deletes Entire Site
Last year MTV News was shuttered amid layoffs at parent company Paramount. And last week, former MTV News editor (and Stereogum contributor) Patrick Hosken noticed that the music publication’s website had been taken down, erasing decades of celebrated music journalism. Now the Internet Archive has come to the rescue with a searchable MTV News database.
Last month, Shari Redstone’s National Amusements Inc. (which controls Paramount Global) called off merger talks with David Ellison’s Skydance Media (which produces movie franchises like Mission: Impossible and Star Trek) and is now reportedly looking to cut$500 million in annual costs while it explores selling parts of its media empire. It’s unclear if Paramount plans to sell MTV or its other cable channels like Nickelodeon, but today it was revealed that the company may offload BET for $1.6 billion to that network’s CEO and CC Capital’s Chinh Chu. Last year Paramount Global’s long-term debt was $14.6 billion and a few weeks ago its stock hit an all time low.
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