Viacom Inc. announced a new, simplified structure for Viacom Media Networks (VMN). Effective immediately, VMN will consist of four brand groups. The new structure will streamline VMN's operations, enhancing the ability of Viacom's network teams to coordinate scheduling and programming, share production and other resources, and leverage important talent relationships.

The Comedy Central, Paramount Network and TV Land group will be led by Kent Alterman, President, and Chris McCarthy will expand his current role of President of MTV, VH1 and Logo to now include CMT. Alterman and McCarthy will continue to report to CEO Bob Bakish. There are no changes to BET Networks or Nickelodeon.

With these changes, Kevin Kay will step down as President, Paramount Network, TV Land and CMT after a transition period. Kay's achievements during his tenure at Viacom include overseeing a string of hits for Nickelodeon, such as All That, Kenan & Kel and The Adventures of Pete & Pete, as well as developing and greenlighting SpongeBob SquarePants. During his tenure at Spike, he oversaw the launch of fan-favorites like The Ultimate Fighter, Lip Sync Battle, Bar Rescue and Ink Master, as well as the expansion of Bellator.

More recently, Kay and his team successfully launched Paramount Network in January 2018.