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.
The move and new leadership team, announced by president and CEO of Showtime and Paramount Media Networks Chris McCarthy in a memo to staff Monday, comes following the Jan. 30 news that both Showtime’s linear and streaming platforms will be integrated into Paramount+ and rebranded as “Paramount+ With Showtime.”
More to come…
Jennifer Maas
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