MTV and CMT will put some of their major awards shows on ice this year as parent company Paramount Global prepares for a major corporate merger, according to The Hollywood Reporter. Affected shows include the MTV Europe Music Awards (EMAs) and the CMT Music Awards,

CMT is among the Paramount divisions hit with extensive layoffs in 2024. Meanwhile, cable networks like Nickelodeon and MTV are reportedly not priorities for Skydance. Amid the company’s competitors shedding or restructuring cable networks, it’s possible those brands will be dropped from the Paramount portfolio altogether.

Paramount has paused the CMT Music Awards, the MTV EMAs and more 2025 events, according to a memo from the company's Bruce Gillmer.

"We look to reimagine and optimize our events slate going forward," reads a staff memo obtained by THR. "Our world-class events remain a key component of Paramount's music offering."

This year's CMT Awards have been put on pause in the midst of parent company Paramount's upcoming merge with David Ellison’s Skydance Media.

A memo obtained by Hollywood Reporter said with company merger Paramount would "reimagine and optimize [their] events slate going forward."

The 2025 Country Music Television Awards and the MTV European Video Music Awards are among the award shows that have been put on pause by Paramount Global as the company merges