MTV has decided not to bring back their annual "Movie & TV Awards" show for the second year in a row, with sources indicating that the event is currently "on pause" and its future uncertain. The show was initially paused in 2024 with plans to return in 2025, but no concrete decisions have been made regarding its revival or cancellation. The recent merger of Paramount Global and Skydance Media, along with a memo from Paramount executive Bruce Gillmer about suspending major events, has left the fate of the awards show in question. Despite its successful run from 1992 to 2023, the show's recent struggles suggest an uncertain future ahead.