If you happen to see the above post at Pop Culture Brain, a solid site aggregating TV, movie, whatever news, let me make a (unrequested) clarification on that site's behalf.
In that sentence:
a) "Paris Hilton" means what you think. The minimally talented heiress/person who doesn't know when to go away.
b) "Oxygen" is referring to a cable network, not the generally gaseous element required for most life on Earth.
c) "Cancels" means that the show you likely weren't watching that starred Paris Hilton won't be on anymore, not that her existence is being eliminated or negated somehow.
So, if you (like me) read that sentence and thought that the air that we breathe somehow developed personal and human emotion and ability and decided that it was through helping Paris Hilton exist, that would be an incorrect assessment of the "news". A cable channel just isn't going to run a show with her on it.