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. Make a one-time donation today for as little as $1. Lots of opportunities and growth, of course, all depending on which team. 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. The layoffs across the country at iHeartMedia are still ongoing. He previously served as SVP/Programming for the Denver market and programmed KNRS Salt Lake City and WGY Albany prior to coming to Denver in 2010. I just dont think you can have a market of this size without any local talent other than a morning show., The label source is just as gloomy about what iHearts cuts say about consolidation in the radio business, noting fewer acts will get airplay as a result. 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 . No bonus or stock options. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! Shore's departure coincided with a wave of layoffs this week at iHeartMedia radio stations nationwide. Great work life balance, caring bosses, learning a lot, wonderful work family, work from home. Denver's independent source of Liberty, which owns SiriusXM satellite radio, also has a 4.8 percent stake in iHeart. According to Radio Insight, Jeremy Newman is expected to stay with iHeartMedia, hosting afternoons at Country 100.5 (WDVI-FM) in Rochester. After 3+ years with Beasley Media Group Fayetteville, NC, Gunner Jacksonexits his dual role of Brand Manager for Adult, NPR CEO John Lansing announced the network would lay off roughly 10% of its current workforce at least, After 14 months as General Manager of Starnes Media Group News-Talk KWAM-AM/Memphis, Kevin Crash Davis is now a free, Daniel Ek, Founder/CEO of Sweden-based streaming giant Spotify announced extensive organizational restructuring that includes the layoff of 6% of, RAMP has confirmed that Riley Couture has exited as co-host of Your Morning Show, which is carried on iHeartMedia Top, Audacy Mainstream Rock KRXQ (98 Rock)/Sacramento has parted ways with afternoon guys Stroke Mastroand Mikey Muscatello, hosts of That, The Beasley cuts continue the latest major market downsizing has hit Paul Jaxon, afternoon talent at WMMR/Philadelphia for. Robbie Rose and John Scott remain in mornings. Bob and Rich don't seem to care either, they send out emails singing the praises of the company and "how well we're doing", then why have we been denied raises or even cost of living increases for over a decade???? Bart Shore exits as a traffic reporter for Total Traffic & Weather Network and weekend host at AC WLIT (93.9 Lite FM). The 500 Greatest Songs of All Time This rating has been stable over the past 12 months. The move comes at a time when the company is anxious about growth. Tim Moore exits the SVP/Programming post for Manchester and Portsmouth NH clusters. He was also the station's Sr. Vice President of Programming. iHEARTMEDIA has commenced another round of layoffs nationwide, and ALL ACCESS has confirmed that those being laid off include National Programming Team member and Country WBWL (101.7 THE. 49% of employees would recommend working at iHeartMedia to a friend and 45% have a positive outlook for the business. IHeart is the rare example of a major media company that has made the successful transformation into a 21st century media company one with unparalleled scale, reaching 91 percent of Americans each month with our broadcast assets alone, more than any other media company," Pittman said. Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. NAB Asks FCC to Complete 2018 Quadrennial Review, Laden Joins WABC/New York as News Director and Host, Audacy Launches ''Front Range Country 103.1'' in Denver, WPZS (Praise 100.9)/Charlotte Ups Melanie Pratt to APD, iHeartMedia's Podcast Platform Spreaker is Now Free, KINK-FM/Portland Adds ''The Greg Beharrell Show''. Listen to live radio! 2019. Ive seen this coming, agrees DJ Sab, who lost his radio role in Cincinnati. (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." JRDN joined Kiss-FM in 2015 and was promoted from overnights and fill-ins to evening host in October 2019. Lance Houston exits the PD post at Country WBLW (101.7 The Bull). Also cut Wednesday was Jordan JRDN , https://www.radioworld.com/news-and-business/headlines/reports-iheartmedia-makes-cuts-to-engineering-staff. Daryl Ledyard worked for more than a decade at WBBS, a country outlet, which he says was Number One in the Syracuse, New York, area year after year for two decades. Listeners expressed their outrage on Twitter after learning that some of their favorite radio personalities had been let go. ET: iHeartMedia issued a statement to Billboard saying, Our goal is to provide our listeners with the best listening experience they can find anywhere including improved locally-focused programming. Before joining KBCO in 1997, Hart worked at multiple stations in Colorado Springs and Portland OR. Hart also tracked nights on KBCO and served as an anchor/reporter for KOA. Copyright 2023 Penske Business Media, LLC. (Many declined to comment, citing the same reason.) The layoffs come as Rolling Stone reported Tuesday iHeartMedia's two contemporary-hit radio stations in the top two markets (New York and Los Angeles) refused to play songs from Korean boy band BTS and Lil Nas X despite their successful chart runs because the songs were - and I'm paraphrasing here - "not white enough", harking back to the iHeartMedia laid off hundreds of radio DJs. and help keep the future of Westword, Use of this website constitutes acceptance of our. radioinsight.com Proven work experience as a news anchor Ability to improvise in a live on-camera setting The 200 Greatest Singers of All Time Roger Rocket Keeler exits as Imaging Director after 28 years with the cluster. The salary is extremely low. New Hampshire tides equities los angeles . Active social media presence. The future of this company is in shambles, financial statements tell you all you need to know! With more than 860 live broadcast stations in 153 markets across America, there's an iHeartRadio station where you live. More people who have gone public with their departure have been added to the list below. The culling has begun, wrote one member of a Facebook group for people in radio. Its dominated by massive corporate structures, and the communities that we need to service get lost in the shuffle between the giants., Rampant consolidation inherently homogenizes viewpoints and music played across the country, added Rachel Stilwell, a music attorney who was part of a recent coalition that aimed to, The Culling Has Begun: Inside the iHeartMedia Layoffs, Russ Doesnt Trust Other Labels. The remaining local programmers will no longer have a direct hand in deciding what music their stations will play, says Tony Gray, a veteran urban radio consultant and president and CEO of Gray Communications. By continuing to use this website you are giving consent to cookies being used. All Rights Reserved. When iHeart Media acquired several Boston radio stations in 2017, it was known that the company would need to make massive cuts at some point to deal with its multi-billion dollar debt. Head of iHeart Audience Network is out as podcast revenues slow. Billboard is a part of Penske Media Corporation. IHeartMedia also named nine senior executives on Wednesday who will serve as division presidents under the new organizational system. . Effective communication and interpersonal skills Powered and implemented byFactSet Digital Solutions. 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. Take 30 seconds to, iHeartMedia has an overall rating of 3.2 out of 5, based on over 2,430 reviews left anonymously by employees. IHeartMedias stock price was up close to 3 percent Wednesday afternoon. Ive seen the writing on the wall for a long time, Ledyard says. When they do something, guess what? Send us a tip using our anonymous form. Get the latest updates in news, food, music and culture, and receive special offers direct to your inbox. Their influence has gotten less and less. KDWB/101.3 morning executive producer Steve-O LaTart and "Cities 97.1" (KTCZ) morning host Hunter Quinn both announced on social media Monday that they had been let go. I got a lil iHeart scoop for you guys to start the weekend, plus some positive findings from the latest Infinite Dial report. IHeart emerged from Chapter 11 in early 2019, shaving $10 billion off its debt. Financial Highlights: Q4 2021 Consolidated Results Q4 Revenue of $1,062 million up 14% YoY; exceeding prior guidance of up approximately 10% Excluding the impact of Political, Q4 revenue was up 25% YoY Q4 2021 Consolidated Revenue up 3.5% vs. Q4 2019 GAAP Operating income of $123 . Additionally, Country WQIK/Jacksonville, FL morning co-host Toni Foxx (Robbie, John & Toni In The Morning) exits the station after 19 years, while New Hampshire VP/Programming Tim Moore departs after serving as PD of Active Rock WHEB, CHR WERZ (Z107), Country WTBU (95.3 The Bull), News/Talk WQSO (Newsradio 96.7) and Sports WPKX-AM after almost 10 years. I suspect they will both win, one way or another, he says. For other iHeartMedia employees, the first sign of trouble came early Tuesday morning, when the company sent employees an email announcing a new organizational structure. The memo, obtained by, , seemed plucked partly from a corporate-culture parody like. Theres plenty else to dig into here. Cost of living is considerable more and we're all struggling, we don't care about how great we're doing *for you and your bank accounts. Glassdoor has 2,430 iHeartMedia reviews submitted anonymously by iHeartMedia employees. 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. You will be overworked and take on so many extra responsibilities with no pay and management is awful. FAQ - New Privacy Policy. This site is protected by reCAPTCHA Enterprise and the Google. The Two Biggest Pop Radio Stations Barely Played Lil Nas X's 'Old Town Road', In a statement, iHeartMedia said, We will continue to serve every local community in which we operate just as we always have.. 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. Some employees began to suspect that cuts were coming last week. The company didnt mention the layoffs associated with the reorganization, but Billboard reported Tuesday that one staffer described it as a bloodbath. RadioInsight compiled a list of dozens of iHeartMedia employees who lost their jobs in the corporate reshuffling, including on-air talent, producers and management at stations across the country. (In radio terms, markets are ranked by population; the size-30 market at the moment is Las Vegas, where the population is more than 600,000.) Youve gotten to the point where theres no such thing as a disc jockey. Sorry. Spence joined the cluster in 2016 after programming the companys Talk and Sports stations in Hartford and New Haven CT. Greg Foster exits as SVP/Talk Programming overseeing News/Talk 850/94.1 KOA, Talk 630 KHOW, and Conservative Talk Freedom 93.7 760 KDFD. 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. [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. Wednesday, June 29, 2022. Chicago: Jordan 'JRDN' Foster exits as night host at CHR WKSC (103.5 Kiss FM). Spotify Restructures, Lays Off 6% Of Force January 23, 2023 Spotify Daniel Ek, Founder/CEO of Sweden-based streaming giant Spotify announced extensive organizational restructuring that includes the layoff of 6% of Read more Riley Couture: Free Agent November 10, 2022 iHeartMedia, WIHT, WZFT iHeartMedia Layoffs Continue Across Multiple Radio Markets Here's the Latest : Apr 14, 2020: iHeartMedia Aims to Save $200 Million This Year Via Pay Cuts, Furloughs, Other Reductions . 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. 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. Cannes Lions International Festival . This company will NEVER give you a raise or cost of living increase. Theyll still be able to suggest songs. Vail's International Student Workers Feel Left Out in the Cold Over High Housing Costs, Help Prevent Car Theft: Let the Denver Police Department Track Your Stolen Vehicle's Location, "Western Water Girl" Uses TikTok to Make a Splash on Colorado Water Issues. We are thrilled to partner with SeeHer for the third year in a row on International Womens Day to produce a special that not only shares the incredible, eye opening stories of leading women in the music industry, but will also inspire other women to take that leap and pursue a career they are passionate about." NEW YORK (AP) Amazon is pausing construction of its second headquarters in Virginia following the biggest round of layoffs in the company's history and shifting landscape of remote work. Thu. June 22, 2022 independent local journalism in Denver. An iHeartRadio station. Legal Statement. 2021. iHeartMedia laid off a number of employees this week. Average Song Length Nose Dives . 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. Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. ' Billboard could not confirm the exact number of layoffs and iHeartMedia would comment on that. image=9270478]. Featured Artists. It was founded in August 2008. The annual level of other separations rose, from 4.1 million in 2020 to 4.2 million in 2021, for an increase of 2.3 percent. In addition, subscriptions rates were increased. (See table 8.) Lo 30 Hi 44. Toni Foxx departs The Big Show in mornings at Country 99.1 WQIK after nineteen years. While layoffs have been dominating news cycles lately, Workday is moving in the opposite direction. 1. The nation's largest owner of radio stations began notifying affected. iHeartMedia laid off hundreds of radio DJs. audiobooks are the next big-revenue vertical. Speaking of iHeart finding new ways to make money, its podcast publishing tool Spreaker is going for the Anchor play. iHeartMedia controls more than 800 radio stations and paid Pittman more than $14 million in 2017, according to published reports. 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. 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. Shore previously spent seventeen years as a traffic reporter for News 780 WBBM and earlier in his career programmed KRNA Iowa City. Jacksonville Save my name, email, and website in this browser for the next time I comment. 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. You can check out the full report on Edisons website. iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. Program directors at almost every company barely choose the music anymore, he says. Sure, you can market digitally, you can market online, you can run an ad and it shows up on Facebook. Sources tells us the RIF will be hitting programming, on-air, and digital departments, once an area of growth, across the country. In March, Pittman surrendered his remaining 2020 salary and senior management took pay cuts between 30-70 percent. 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. Some called for a boycott of the company. It just doesnt take a lot of money to do that the source says. Audiobooks (thats right, ya girl is not gonna miss an opportunity to talk audiobooks). The majority of the cuts were inflicted on smaller markets size-30 and under, according to Del Colliano. Youll gain a lot of experience and knowledge that youll be able to take to your next job. iHeartRadio (often shortened to just "iHeart") is an American freemium broadcast, podcast and radio streaming platform owned by iHeartMedia. Total earnings in 2022 increased 7% to $316 million, compared to $294 million in the prior-year period. A national round of job cuts at iHeartMedia appears to have reached just about every one of the company's markets in the Upper Midwest, with at least two dozen cuts in the region reported on lists compiled by RadioInsight and All Access. I would say if you're going to get an offer, please negotiate this hard. You must have JavaScript enabled to fill out this form. Strict deadlines are a problem. Robbyn Hart departs as News and Public Affairs Director and morning newscaster for AAA 97.3 KBCO and Classic Rock 103.5 The Fox KRFX after 26 years at the cluster. You will see many bad things while being a journalist. Our website provides local and national news, radio show podcasts, contests, local weather, events and concerts. Today's $200 million plan comes after the company announced $50 million in savings early . Read the full article now Forward to a friend. iHeartMedia's 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,. Horrible office culture and new management. His departure comes less than a month after podcasting head Dawn Ostroff announced she was leaving. What was not mentioned at the, Late Wednesday night, as the search for missing KYLD (WiLD 94.9)/San Francisco morning personality Jeffrey JV Vandergrift reached its, Nice to hear from major market pro Riley Couture, who reached out to let us know that she relaunched, Red Apple News-Talk 77 WABC/New York has hired Noam Laden in the multi-faceted role of News Director, host of. Can I Be Laid Off While On Workers Compensation? Des Moines Head of iHeart Audience Network is out as podcast revenues slow. Comfortable yet professional presence on camera Discover.css-epvm6{white-space:nowrap;}.css-epvm6{white-space:nowrap;} More, Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. Gayle Troberman, Executive Vice President and Chief Marketing Officer for iHeartMedia. As the CEO of the company, Bob will voluntarily take no salary for the remainder of the year and has given up his annual incentive . Toni Foxx exits The Big Show in mornings at Country WQIK (99.1 WQIK). YouTube More information is surfacing about iHeartRadio layoffs in. This further decreased ad revenue, which meant even more layoffs and/or more consolidation. Dave Hilton exits as Production Director after 23 years. iHeartMedia Cuts Continue by Lance Venta June 22, 2022 0 The layoffs across the country at iHeartMedia are still ongoing. our management team has found ways to reduce our company's expenses without resorting to permanent layoffs. He has also worked in Shreveport, Charleston and Killeen TX. to get free tickets to concerts and music events. YOUNGSTOWN, Ohio - Following mass layoffs by iHeart Media Inc. last week that included the termination of longtime WNCD 93.3-FM host Fred "Fast Freddie" Woak, U.S. Sen. Sherrod Brown is seeking answers from the national radio chain's CEO. 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." for the most part as long as you're looking at the core of the company. The stock price for iHeart, which has been the subject of recent takeover speculation from cable giant and SiriusXM satellite-radio parent Liberty Media Corp., has jumped from roughly $17 to $18 since the layoffs went public earlier this week. So far we have heard of dismissals from programming, on-air, and digital departments across the country. But just like the recent Cumulus Media bankruptcy, the fact that this is a Chapter 11 means little will change in the radio landscape. iHeartMedia's 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, (Updated at 2 p.m. Were a little short on data, but you can help. 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. political, economic, legislative and cultural) That is a truly respectable number, but perhaps their expectations were set high because of the 148 percent growth the segment experienced in 2021. iHeartMedias companywide email proclaimed that our company is built on the strength of broadcast radio the markets in which we operate and the connection of our stations to the communities they serve. But that connection may be nonexistent after Tuesday, according to several former iHeartMedia employees. Late last Friday, word began rapidly circulating about numerous high profile personnel cuts within Beasleys on-air and programming ranks. Bee previously has hosted mornings and nights at WOWI and has mixed at WXYV Baltimore, WBTJ Richmond and SiriusXM. The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country "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." So He Built His Own, A Breath of Fresh Air: How Giveon Became R&Bs King of Warmth, It Started as a College Project. Keeler also hosted the 12pm Throwback Lunch on Alternative Channel 93.3 KTCL. At iHeartMedia, Inc., we promise to treat your data with respect and will not share your information with any third party. Why would they need to produce more?, Laid-off iHeartMedia DJs and programmers arent exactly sympathetic to that point of view. Ability to work under stressful conditions and strict deadlines Its not cause they dont want to theyre told not to. By Ben Miller - Staff Reporter, Feb 17, 2021. iHeart Media Inc. said it's buying Triton Digital of Los Angeles from The E.W . They never should have been able to leverage up to $20 Billion but hey, who's counting. The. local news and culture, Michael Roberts Join my witness protection program -- report Newstips here. Boston, MA Weather. https://www.democratandchronicle.com/story/news/2022/06/17/pete-kennedy-the-mayor-rochester-ny-radio-host-among-those-let-go-iheartmedia-cuts/7657086001/. Cool industry with concerts, radio, events, etc. Responsible for pulling cuts, posting on social media, making scripts and voicers . Now, it appears that Sarah van Mosel is no longer the executive vice president of the iHeart Audience Network after less than a year in the post. 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 Reports: iHeartMedia Makes Cuts to Engineering Staff https://www.radioworld.com/news-and-business/headlines/reports-iheartmedia-makes-cuts-to-engineering-staff Mar 3, 2021 Its modernization initiative has resulted in layoffs in programming, sales and engineering, according to those familiar with the developments. You may become a public figure. 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. 2021 Annual Report PDF Format Download PDF 1.25 MB. You can unsubscribe to any of the . The 100 Best Albums of 2022. 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. Listen To The Most Popular Podcasts On iHeartRadio! P!nk on fighting for what's right, being over your feuds, and why performing is therapy. Gen Z are true digital natives and the most tech-savvy generation. 49% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. Others will say, Hey, we cant operate in this world with a program director. , In fact, iHeartMedias move gives other radio chains cover if they want to pursue the same strategy. Verify your email to use filters. 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. 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. Every couple of years with iHeart or Clear Channel, there were cuts cutting DJs, adding more syndication., Its so clear that deregulation has resulted in these big guys like iHeart running as lean as possible, Gonzlez says. 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.