ManiaTV Shuts Down

ManiaTV closed operations today, NewTeeVee has confirmed. The final shutdown was expected, as ManiaTV had publicly rushed to find a buyer in recent weeks. The urgency came due to an investor pulling out, according to our sources.

At least 15 employees were laid off last week, leaving only the management team. ManiaTV had previously cut 20 positions in October and seen significant attrition since then.