The shifts come as Paramount seeks "to reimagine and optimize our events slate going forward," according to a company memo.
Several members of the music and talent team at the Nashville channel have been impacted by the ongoing layoffs at the parent company.
The Hollywood studio's merger with David Ellison's Skydance can now move forward.
David Ellison, son of Oracle founder Larry Ellison, will be CEO of the company.
The sites, formerly home to a trove of clips and other related materials, now redirect users to Paramount+.
The move to take down the "for sale" sign follows publicly expressed interest from the likes of Tyler Perry, Byron Allen and others in acquiring the brand.
Save up to $70 with Verizon +Play's discounted rate on Netflix, Showtime and Paramount+.
Andrea Von Foerster, Brian Schwartz, Dani Rose of Honey County, Hayes Carll, and Sabrina del Priore sat down with the SVP of Music & Talent at Viacom/CMT, Leslie Fram, to discuss the use of music in Paramount’s ‘Yellow...
The award was given on the strength of such shows as the MTV Video Music Awards and the MTV EMA.
Discussions are still in the early stages, a source tells THR. Such a deal, if it happens, would give Paramount cash as it continues to build out its main streaming offering Paramount+.