Noggin to Shut Down Amid Paramount Global Layoffs
The preschool streaming service will close later this year, transitioning its content to Paramount+ as part of cost-cutting measures.
- Noggin, Paramount Global's subscription service for preschoolers, is shutting down following a series of companywide layoffs affecting 800 employees.
- The service, aimed at kids under 7, will cease taking new subscribers and plans to close later this year, transitioning its content to Paramount+ under the Nick Jr. banner.
- Noggin was launched in 2015 as a streaming service, after initially operating as a cable TV channel from 1999 to 2009, focusing on educational content for young children.
- As of 2019, Noggin had approximately 2.5 million subscribers, offering a library of over 1,000 educational games and videos, including popular shows like 'PAW Patrol' and 'Peppa Pig'.
- The layoffs and shutdown are part of Paramount Global's broader cost-cutting measures, amid speculation of a company sale and a strategic shift towards reinforcing Paramount+.