Original Report 6/8: A round of position cuts is underway at iHeartMedia this week. Massive Layoffs At iHeart Media. The layoffs seemed to particularly anger listeners of the Des Moines, Iowa sports station KXNO. (Washington Post) When iHeartMedia announced this month it would fire hundreds of workers across the country, the radio conglomerate said the restructuring was critical to take advantage of its "significant investments in technology and artificial intelligence." As per Layoffs.fyi, a website that tracks layoffs in the tech sector, over 37,000 employees were made redundant at 467 startups globally in the second quarter of 2022, compared to less than 3,000 . Reports: iHeartMedia Makes Cuts to Engineering Staff, Syracuse, Rochester radio DJ Mayor Pete Kennedy out after , Pete Kennedy, The Mayor, among those let go in iHeartMedia , Three Architects of Denvers iHeart Radio Empire Are Out, iHeartRadio Layoffs During Pandemic Show Its Challenges , Can You Be Laid Off While On Medical Leave, Can A Company Find Out If You Were Laid Off, Can You Say You Were Laid Off Instead Of Fired, Can You Go On Disability After Being Laid Off, Can You Be Laid Off While On Short-Term Disability. Toni Foxx exits The Big Show in mornings at Country WQIK (99.1 WQIK). All Rights Reserved. Also out is Total Traffic And Weather/Chicago traffic reporter Bart Shore. It just doesnt take a lot of money to do that the source says. Chris Williams exits as co-host at Sports 1460 KXNO and 106.3 KXNO-FM. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! Apr 2021 - Present 2 years. He previously spent 15 years as PD of Sports 104.3 The Fan and predecessor 950 KKFN from 1995 to 2005 and Operations Manager at Front Range Sports Network from 2010 to 2014. Consolidation has been ongoing throughout the industry, he says, but I dont think people [at other radio companies] see this as an excuse to push the button.. Weve gotten so far from local owners that radio is almost unrecognizable now, said Karen Slade, vice president and general manager of the independently owned KJLH in Los Angeles, . So it doesnt matter who does it next they wont be as bad as iHeart, because it wont be unprecedented., The former on-air host acknowledges that local radio was already greatly reduced from its heyday. One employee who lost a job Tuesday said the station cut just about all the on-air talent except for the morning show. KJMS/WDIA Memphis personality Earle Augustus noted that he was released this morning indicating that the company is not yet done with its current round of staff reductions. The largest radio conglomerate in the country, iHeartMedia , , https://www.washingtonpost.com/technology/2020/01/31/iheartmedia-radio-artificial-intelligence-djs/, Jan 31, 2020 iHeartRadio spokeswoman Wendy Goldberg declined to make executives available for comment or provide a total layoff count, saying only that the , Layoffs at iHeartMedia drive out ace traffic reporter Bart Shore, Jun 9, 2022 Shores departure coincided with a wave of layoffs this week at iHeartMedia radio stations nationwide. Read employee reviews and ratings on Glassdoor to decide if iHeartMedia is right for you. Journey Takes a Break From Feuding, Returns for Harmonious Concert at Oklahoma Casino, Recordings Great Escapes: Photos of Thailands Karma Sound Studios, El CD cumple 40: Cmo el disco compacto lleg a dominar el mercado. >The layoffs began having a missive that is strangely-worded iHeartMedia concerning the companys future plans, saying the the techniques would create Centers of Excellence that will utilize synthetic cleverness as well as other technology to onenightfriend Jak odstranit et provide a significantly better . Understanding of the newscast process Is AI to blame? Mason Lafayette the afternoon host of Mobile, Alabama's MIX 99.9 (WMXC) is one of the iHeart cuts. By Beat the Press Staff. The 500 Greatest Songs of All Time local news and culture, Michael Roberts Lo 30 Hi 44. The eighth annual iHeartRadio Music Awards will air live from The Dolby Theatre in Los Angeles on Thursday, May 27th from 8:00-10:00 PM ET live (PT tape-delayed). This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The morning show on Radio 95.1, however, has been . iHeartMedia Engaged Employer Overview 2.4K Reviews 248 Jobs 2.5K Salaries 469 Interviews 644 Benefits 21 Photos 571 Diversity + Add a Review iHeartMedia Reviews Updated Mar 2, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 2,224 of over 2K reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent These include Country WBWL (101.7 The Bull)/Boston PD and National Programming Team member Lance Houston, CHR WKSC (103.5 Kiss FM)/Chicago night host Jordan Foster and Hip-Hop WBPT (95.7 The Beat)/Tampa PD Mychal Maguire after seven years. 2020. The salary is extremely low. Amazon Pauses Construction on Second Headquarters in Virginia, Emilia, Big One & Callejero Fino Earn First No. Edison reported that 42 percent of people in the US 12 and older listen to podcasts on a monthly basis, up from 38 percent last year. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Why would they need to produce more?, Laid-off iHeartMedia DJs and programmers arent exactly sympathetic to that point of view. Spreaker, which was previously only available to paid customers through plans ranging from $8 to $250 per month, now offers a free basic tier. Boston, MA Weather. But just like the recent Cumulus Media bankruptcy, the fact that this is a Chapter 11 means little will change in the radio landscape. This rating reflects the overall rating of iHeartMedia and is not affected by filters. iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2021. Twitter announced a new policy prohibiting "violent speech" on Wednesday, March 1, 2023, though overall it sounds very similar to the rules against violent threats it had on the books long before Elon Musk took over. Shore's departure coincided with a wave of layoffs this week at iHeartMedia radio stations nationwide. The Atlanta based Houston was also a member of the National Programming Team and had previously programmed WPOC Baltimore and WEBG Chicago and had a previous six year stint programming WBWL and two tenures on-air at WUBL Atlanta during his fifteen year run with the company. latest round of layoffs affecting the broadcasting giant, he'd given Rosen permission to use racial slurs, this 2008 post dates from his previous gig, as many as 1,500 jobs were slashed nationwide. CEO Bob Pittman said in a press release Tuesday that iHeartMedias move will allow the company to modernize its operations and infrastructure. Annual layoffs and discharges fell notably, from 40.8 million in 2020 to 17.0 million in 2021, for a decrease of 58.3 percent. More people who have gone public with their departure have been added to the list below. Youll gain a lot of experience and knowledge that youll be able to take to your next job. This website uses cookies. Comfortable yet professional presence on camera iHeart swung to a $159 million second-quarter operating loss from a $182 million operating income in the same period of 2019, and revenue declined by 47%. Burd previously served as APD/midday host of Country 92.5 The Bull KBEB Sacramento, morning co-host at CHR 104.7 KDUK Eugene OR and midday host at CHR 107.5 Kiss-FM KIFS Medford OR. It was founded in August 2008. Keeler also hosted the 12pm Throwback Lunch on Alternative Channel 93.3 KTCL. He did not specify what that would entail, but I will be curious to see who takes van Mosels spot and how iHeart will shift its strategy to regain that growth. The small cuts to the product when times were good had already push some away. Find out more about, 49% of iHeartMedia employees would recommend working there to a friend, Get started with your Free Employer Profile, They Expect High Turnover For This Position So You Will Never See A Raise, Great for a resume, not for a career unless youre lucky. FAQ - New Privacy Policy. Which is a shame because there is a huge need for something more local., came into my office and closed the door and said, Hey, and gave me the talk of, This is your last day. 49% of employees would recommend working at iHeartMedia to a friend and 45% have a positive outlook for the business. Head of iHeart Audience Network is out as podcast revenues slow. San Antonio, Texas Area . iHeartRadio music radio, part of the iHeartMedia company, at the company's local headquarters in the South of Market (SoMa) neighborhood of San Francisco on Oct. 13, 2017. Some called for a boycott of the company. Back in January 2020, prior to the start of the COVID-19 pandemic (which prompted furloughs in Colorado months later), as. iHeartMedia Layoffs Continue Across Multiple Radio Markets Here's the Latest Dylan Smith November 3, 2020 Back in April, following a series of personnel cutbacks that preceded the COVID-19. Join the Westword community and help support I dont know how sustainable that is, this source says. iHeart Media have announced cuts in hope of saving $250m. A top ad executive is out as podcast revenue tapers off. Copyright 2023 Penske Business Media, LLC. When youre talking to the market guy, hes saying, They let go of all these people and Im running an automated system right now,' says a label source who frequently works with iHeart. You can check out the full report on Edisons website. Say what you want about iHeart, but theyre making some pretty smart and strategic decisions to stay afloat and morph in whats becoming a difficult media environment.This weeks layoffs, part of what former employees have called a a bloodbath cut deeply into iHeart radio stations around the U.S., particularly those in mid-major markets such as Pittsburgh and Asheville, North Carolina, The deep and unexpected cuts have shocked record labels radio-promotions departments, who have lost many of their long-standing relationships. From the money earned through that tool, Spreaker takes a 40 percent cut. iHeartMedia has announced its Q4 financials, reporting $1.13 billion in revenue. Thats good to hear! Having problems? "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. Featured Artists. Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. 2018. . May 17, 2021 Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs A Wells Fargo analyst has predicted the largest "reduction in U.S. bank headcount in history." By Ben Miller - Staff Reporter, Feb 17, 2021. iHeart Media Inc. said it's buying Triton Digital of Los Angeles from The E.W . Designed by Elegant Themes | Powered by WordPress, iHeartMedia Sacramento Launches The New KISS 107.9, Amanda Ice Habrowski Named Midday Host at 93.1 The Mountain/Las Vegas. Any smaller to medium market in the country lost, in all likelihood, most, if not all, of their on-air staff, the former on-air personality says. Broad knowledge of local, national and international affairs (e.g. to get free tickets to concerts and music events. 3, 2023 at 9:04 AM PST | Updated: 17 minutes ago. In addition, subscriptions rates were increased. Back in January 2020, prior to the start of the COVID-19 pandemic (which , https://www.billboard.com/pro/iheartradio-layoffs-pandemic-challenges-advertising-programming/, Dec 4, 2020 iHeartRadio Layoffs During Pandemic Show Its Challenges Go Beyond Lost Ads Since January, the worlds biggest broadcaster has had three rounds . Breaking news when it happens. iHeartMedia announced to investors today a plan to cut up to $250 million from its expenses for 2020. . Mutual Fund and ETF data provided byRefinitiv Lipper. Cool industry with concerts, radio, events, etc. audiobooks are the next big-revenue vertical. Then they rinse and repeat with new hires iHeartMedia has an overall rating of 3.2 out of 5, based on over 2,430 reviews left anonymously by employees. Sean Ross, a longtime industry analyst who edits the Ross on Radio newsletter, says its unlikely that other large broadcast companies, including Entercom and Cumulus, will follow iHearts lead right away in restructuring this aggressively away from traditional radio and towards the digital business. WKRD sports talk Afternoon hosts John Ramsey and Mike Rutherford are now out, not back after the iHeart layoffs, RADIO GIANT IHEARTMEDIA FILES BANKRUPTCY PLAN TO REDUCE DEBT. GET FOX BUSINESS ON THE GO BY CLICKING HERE. We are told the cuts are going to be made over a multiple day period, much like the companys last round of layoffs in the fall of 2020. 2023 Billboard Media, LLC. Were the ones that have to pay., Now that a single Spotify playlist might command more than 25 million followers, giving it the power to create a global hit before lunchtime, the concept of a local radio station intent on serving a local community seems increasingly quaint. Ill see you Tuesday. Scripps exits the podcast sector, radio. Since the layoffs, they've been inundated with messages . As the company stated in Thursday's annual earnings. New York, N.Y. - June 16, 2021 - iHeartMedia today announced the lineup for the 2021 iHeartRadio Music Festival, the annual legendary concert event on Friday, Sept. 17 and Saturday, Sept. 18 at Las Vegas' hottest entertainment venue, T-Mobile Arena, and its Daytime Stage at the iHeartRadio Music Festival on Saturday, Sept. 18 at the new . As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. In turn, it is drastically cutting smaller stations while feeding content from the bigger markets into iHeartRadio, which has 128 million users, and other digital apps. iHeartMedia was able to wipe away much of its local presence thanks to a recent decision made by the Federal Communications Commission. iheart layoffs 2021southwest cargo phone number. Chicago: Listen To The Most Popular Podcasts On iHeartRadio! According to her LinkedIn, she transitioned to the role of strategic advisor in February, though Hot Pod has learned she is no longer an employee at the company. Sources tell us that revenue projections for the rest of the year are trending downward, which is leading to this round of cutbacks at iHearts local station operations as the company sets their budgets for the rest of the year. Ability to improvise in a live on-camera setting The cuts come as the company continues to implement operational changes that began in the wake of the widescale cuts of January 2020. Its happened to a lot of people and now it's happened to me. 2023 FOX News Network, LLC. 2019. Boston's source for local news. Late last Friday, word began rapidly circulating about numerous high profile personnel cuts within Beasleys on-air and programming ranks. YouTube revealed its big podcast plan, Spotify talked audiobooks, and Decoder had its first live show. Earle Augustus exits as morning co-host on Adult R&B V101 KJMS and afternoon host on R&B Oldies 1070 WDIA. The changes we made are designed to do that; we are using our resources and technology to better serve our listeners, including providing even more content and programming to our local communities.), iHeartMedias layoffs of hundreds of employees this week in a self-described move to modernize the company most likely means two things: A shift in emphasis from AM-FM airwaves to apps, streaming and podcasts; and an increase in centralized, syndicated programming rather than live, local DJs. nick@hotpodmedia.comSignal: +1 312-509-5898. The. Dozens of popular radio personalities across the U.S. were laid off as station owner iHeartMedia announced a major reorganization this week. September 02, 2021. Great work life balance, caring bosses, learning a lot, wonderful work family, work from home. Also, there is not a union to support employees for equal and adequate pay. and help keep the future of Westword, Use of this website constitutes acceptance of our. Theyll still be able to suggest songs. Fans can tune in to watch the 2021 iHeartRadio Music Festival both nights on September 17th and 18th via an exclusive livestream on The CW App and CWTV.com. I am not convinced that triple-digit growth is an attainable (or even worthy) goal when you already bring in more than $350 million in revenue, but thats why I am a wee writer, not a billionaire investor. Tell Alexa To "Play WRKO On iHeartRadio!" Read Kuhner's Weekly Columns. The label source suggests iHeart is trying to move into the Spotify and Pandora side, by structuring its business more like a digital or streaming service than a traditional radio station. Austin joined KSD-FM in December 2018 after previously serving as VP/Programming for Clear Channel Jacksonville and programming WCOL Columbus OH and WQIK Jacksonville. iHeartMedia Announces Nominees For The 2023 iHeartPodcast Awards Streaming March 14 Luke Bryan, Kane Brown, Sam Hunt, Elle King, Parker McCollum, Justin Moore, Jordan Davis, Mitchell Tenpenny, and More Lead Lineup for the 2023 "iHeartCountry Festival Presented by Capital One" Late yesterday RAMP learned that Josh Wolff has exited as iHeartMedia SVP of Programming for Allentown & Lancaster, PA, Yesterday we reported that Audacy Classic Hits KOOL-FM/Phoenix had rebranded as BIG 94.5. Also cut Wednesday was Jordan JRDN , https://www.radioworld.com/news-and-business/headlines/reports-iheartmedia-makes-cuts-to-engineering-staff. Weekly podcast listening stats also improved significantly, with 31 percent of respondents saying they listened to a podcast in the past week, up from only 26 percent last year. [The total number] is definitely in the hundreds. He suspects its the biggest reduction in force since the one, iHeartMedia, which controls more than 800 radio stations and. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. Van Mosel is a longtime podcast revenue executive, having held top spots at New York Public Radio, Acast, and Stitcher, and she was seen as a big get for iHeart when she joined last year. Not long after the email went out, people like myself started to get calls up to offices, and they were told they were being let go, says the former host. Theres plenty else to dig into here. Program directors at almost every company barely choose the music anymore, he says. iHeartMedia is in the midst of another road of layoffs. 2020 Annual Report PDF Format Download PDF 1.39 MB. one of the worst days in on-air radio history. The layoffs were concentrated in small and medium markets, where staffs had already been reduced, striking another major blow to local radio. New Hampshire The largest radio conglomerate in the country, iHeartMedia, initiated a round of mass layoffs this week, cutting enough people that one former on-air host described Tuesday as one of the worst days in on-air radio history. The layoffs were concentrated in small and medium markets, where staffs had already been reduced, striking another major blow to local radio. Gordan Dillard Named CMG EVP/A&R & Artist Dev Cumulus Promotes Three at Syracuse Cluster, Gordan Dillard Named CMG EVP/A&R & Artist Development, iHeartMedia Detroit Names Colleen Grant Metro President, Editors Circle: Deanes List September 16, 2022. Visit our, From Banned To All-Weekend Stunt, KMLE & WPAW Goes Nonstop Morgan Wallen, Audacy Launches Front Range Country 103.1 Denver, Tino Cochino Radio Joins 106.1 Kiss-FM Dallas, News Center Maine: It was a lightning bolt: Maines WBLM celebrates 50 years of classic rock, Edison Research Releases 2023 Infinite Dial Study. It has been 10 years since my last raise, I've asked and been told no. Moore joined the company in 2012 as Program Director for their Portsmouth stations and rose to his now former role in 2015. Previously, to get a broadcast license in Sheboygan, Wisconsin, there would have to be a manned studio in town. Ive seen the writing on the wall for a long time, Ledyard says. Boston: Price previously hosted mornings on sister AC Mix 98.9 WMXY with his tenure at the company beginning in 2001. 1. I got a lil iHeart scoop for you guys to start the weekend, plus some positive findings from the latest Infinite Dial report. In March, Pittman surrendered his remaining 2020 salary and senior management took pay cuts between 30-70 percent. The move comes at a time when the company is anxious about growth. Quotes displayed in real-time or delayed by at least 15 minutes. Chicago: Jordan 'JRDN' Foster exits as night host at CHR WKSC (103.5 Kiss FM). Enter Liberty Media, which owns controlling. To illustrate iHearts new approach, Borrell says he was earlier streaming a Philadelphia rock station on an Amazon device while working in Virginia. Jess Aleshire exits as Regional Production Director for Minot, Bismarck & Dickinson ND and midday host on Rock 105.3 The Fox KZPR Minot. Being a journalist can be stressful. Robbie Rose and John Scott remain in mornings. Well it finally happened. After last years Infinite Dial report freaked people out by showing a three-point dip in monthly podcast listeners, the latest report found that the number of monthly listeners has reached an all-time high. Hart also tracked nights on KBCO and served as an anchor/reporter for KOA. Gen Z are true digital natives and the most tech-savvy generation. Townsquare's Major Expansion . The majority of the cuts were inflicted on smaller markets size-30 and under, according to Del Colliano. for the most part as long as you're looking at the core of the company. IHeartMedia, which describes itself as the number one audio company in America and owns more than 850 radio stations, announced the reorganization as a way to group its markets by common needs and characteristics into three divisions. They do not have any managers of color and if they do, I would be curious to know how fair they are being treated. Now, it appears that Sarah van Mosel is no longer the executive vice . How Should RTD Deal With the Drug Problem on Trains? low pay, understaffed, not enough resources, Hybrid - 2 days in office Free Meals Tue -Thu Free Parking Downtown Off early on Fridays 401K + Health Benefits (high cost) Flexible schedule for doc appts, and such. KJMS/WDIA Memphis personality Earle Augustus noted that he was released this morning indicating that the company is not yet done with its current round of staff reductions. In 2017, the FCC succeeded in getting rid of the main studio rule, meaning that stations were no longer required to maintain a studio or any staff near the location of their broadcast license. Responsible for pulling cuts, posting on social media, making scripts and voicers . You will watch every other department be given tons of perks, services, etc from clients and upper management but you will NEVER receive anything above your base pay. They most recently attended, or will attend, Cannes Lions International Festival of Creativity 2021 on Jun 21, 2021. Now, the company has explained why those. The nation's largest owner of radio stations began notifying affected. It opened with chest-puffing (we are the #1 audio company in America) and then slathered on numbing layers of business jargon (new institutions include the Integrated Revenue Strategies Group and Excellence Centers).
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