MTV wants to make TV shows for streaming services like Netflix, and it s starting with The Real World and Aeon Flux

Get the Full StoryMTV

MTV is launching MTV Studios, which will make shows for streaming services like Neflix, Amazon, and Hulu.

The network will use its library of IP to kickstart development, starting with shows like "The Real World" and "Aeon Flux."

MTV president Chris McCarthy tells Business Insider he wants the network to be "platform agnostic."

No distribution deals have currently been announced.

For the past few years, MTV has faced a fundamental dilemma: What does a TV network for young people do when they are, quite simply, not watching as much TV?

MTV has boosted its TV ratings by doubling down on classic franchises like “Jersey Shore,” but there’s a natural ceiling on how much you can do on cable TV today. To fully reach young people, you have to stretch beyond a strict definition of TV.See the rest of the story at Business InsiderNOW WATCH: This 530 Android phone is half the price of an iPhone X and just as goodSee Also:HBO will get a bigger budget under AT&T to compete with Netflix, but the fight will be fierceApple signs multi-year deal with Oprah Winfrey as the streaming wars heat up7 great movies you can watch on Netflix this weekendSEE ALSO: 12 fan-favorite shows Netflix has revived or rebooted, ranked from worst to best

Share: