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.

"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."

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,

The folks over at Paramount have been quite busy tidying up to welcome their new overlords from Skydance Media. The deal, which was more or less finalized in July 2024, is expected to close in the near future,