Breaking: Paramount to Close Down Noggin; Entire Staff of Kids Educational Service Has Been Laid Off
Paramount is mired in financial difficulties and could be prepping finances for an acquisition.
It has been a difficult few months for Paramount Global as the media company has been beset by bankruptcy concerns, reports of the potential sale of the company, and the planned layoff of hundreds of employees. Those terminations have begun to hit Paramount employees and on Thursday, Kid Screen exclusively reported that the company has laid off the entire team working on kids educational streaming service Noggin and that the platform will be sunset in the coming months.
Key Points: No timeline has been confirmed about when Noggin will ultimately be shuttered. The majority of Noggin’s shows are already available on Paramount+, but no plan has been announced for its interactive titles. Noggin Parent company Paramount Global has been the subject of acquisition rumors lately. 30-Day Free Trial $7.99+ / month Noggin via amazon.com
Noggin is a...
It has been a difficult few months for Paramount Global as the media company has been beset by bankruptcy concerns, reports of the potential sale of the company, and the planned layoff of hundreds of employees. Those terminations have begun to hit Paramount employees and on Thursday, Kid Screen exclusively reported that the company has laid off the entire team working on kids educational streaming service Noggin and that the platform will be sunset in the coming months.
Key Points: No timeline has been confirmed about when Noggin will ultimately be shuttered. The majority of Noggin’s shows are already available on Paramount+, but no plan has been announced for its interactive titles. Noggin Parent company Paramount Global has been the subject of acquisition rumors lately. 30-Day Free Trial $7.99+ / month Noggin via amazon.com
Noggin is a...
- 2/15/2024
- by Matt Tamanini
- The Streamable
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.