Paramount Cutting Back Smithsonian Channel’s New York Hub As More Details On Cuts Emerge
deadline.comEXCLUSIVE: Paramount Global is cutting back the Smithsonian Channel’s New York Hub as more details about the U.S.
layoffs emerge. Staff at the channel’s New York office were told mid-last week, we understand, and third-party producers were subsequently informed that most of their shows will now be handled by execs at Smithsonian Channel’s Washington HQ.
Around two-dozen people work in the New York office, Deadline understands. One of those at risk is Rachel Watson, VP Development for the Smithsonian Channel.
The move comprises part of Paramount Media Networks’ 25% domestic layoffs, a “very hard but necessary decision” revealed by President and CEO Chris McCarthy in an all-staff note last week. “Through the elimination of some units and by streamlining others, we will be able to reduce costs and create a more effective approach to our business as we move forward,” wrote McCarthy, whose full note can be read below.
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