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. [iHeartMedia is] very much convinced that the local aspect of radio is no longer important., Related Legal Statement. iheart layoffs 2021 - kestonrocks.com [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. June 22, 2022 IHeartMedia also named nine senior executives on Wednesday who will serve as division presidents under the new organizational system. Amanda McGraw Burd exits as Program Director/afternoon host at Country 102.7 The Wolf KHGE Fresno and Program Director of Alternative 106.1 KRAB Bakersfield, Country 92.9 The Big Dog KOSO Modesto, and 107.1 The Bull K296GB Sacramento. Effective communication and interpersonal skills 2021. DOWNSIZING - RAMP - Radio and Music Pros Bart Shore exits as a traffic reporter for Total Traffic & Weather Network and weekend host at AC WLIT (93.9 Lite FM). IHeartMedia emerged from bankruptcy last year after seeking protection to reduce its debt by more than $10 billion in 2018. Peter The Mayor Kennedy exits his dual role as 9-11am co-host on Hot Talk Radio 95.1 WAIO and afternoon host on regional ACs Y94 WYYY Syracuse, Mix 103.3 WMXW Binghamton, and Sunny 102.3 WVOR Canandaigua. Roger Rocket Keeler exits as Imaging Director after 28 years with the cluster. Components of separations by industry While free isnt normally the best way to make more money, podcasters who subscribe to the free tier also have access to Spreakers monetization tool. 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. This marks the third round of layoffs for the company this year following the massive cuts in January and the conversion of furloughs into layoffs in September. Now, it appears that Sarah van Mosel is no longer the executive vice . Lack of support for new hires. iHeart's role in all of this, yes iHeart! Being a journalist can be stressful. That is good news for Spotify, which has bet big (if not podcasting-big) that audiobooks are the next big-revenue vertical. 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 . They do not have any managers of color and if they do, I would be curious to know how fair they are being treated. https://news.radio-online.com/articles/n42261/iHeartMedia-Initiates-Another-Round-of-Staff-Layoffs, Jun 9, 2022 iHeartMedia has begun another round of layoffs after the companys revenue projections for the rest of 2022 are reportedly trending downward , https://deanemediasolutions.com/more-layoffs-happening-at-iheartmedia/, Jun 10, 2022 iHeartMedia is in the midst of another road of layoffs . 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 . Pros & Cons are excerpts from user reviews. 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 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. Mychal Maguire exits the PD post at Hip Hop WBTP (95.7 The Beat). As of 2019, iHeartRadio . 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. Radio June | 2022 | Inside Music Media It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. Dont expect a raise either. and help keep the future of Westword, Use of this website constitutes acceptance of our. FAQ - New Privacy Policy. Another Round Of iHeartMedia Job Cuts Is Underway - All Access iHeartMedia has begun another round of layoffs after the company's revenue projections for the rest of 2022 are reportedly trending downward. 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. I dont know how sustainable that is, this source says. 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). Billboard is a part of Penske Media Corporation. Here are the newsroom layoffs, furloughs and closures that - Poynter Job openings and quits reach record highs in 2021, layoffs and You can check out the full report on Edisons website. P!nk on fighting for what's right, being over your feuds, and why performing is therapy. charlieonnafriday's visit at 96.5 TDY's Artist Lounge. Our website provides local and national news, radio show podcasts, contests, local weather, events and concerts. As of 2019, iHeartRadio was functioning as the national umbrella brand for iHeartMedia's radio network, the largest radio broadcaster in the United States with 128 million registered users as of 2019. Normal Gossip lands at Radiotopia and Spotify ditches the heart button. Penelope Vargas - Associate Solutions Engineer - LinkedIn Spokespeople for iHeart and Townsquare wouldnt comment, but Borrell believes iHeart is expanding its focus to sell advertising nationally, while Townsquare remains locked in on local advertisers in each of its markets. Audiobooks (thats right, ya girl is not gonna miss an opportunity to talk audiobooks). 'The Culling Has Begun': Inside the iHeartMedia Layoffs - Rolling Stone 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. iHeartMedia - Updates, News, Events, Signals & Triggers - Crunchbase JRDN joined Kiss-FM in 2015 and was promoted from overnights and fill-ins to evening host in October 2019. Editors picks Some employees began to suspect that cuts were coming last week. Powered by Vipology, on JVs Family, Colleagues Facing Hard Reality, on Bardin Joins WMG As Pres. Horrible office culture and new management. Tampa Theres no such thing as a music director., On-air talent was supposed to be the one thing that [iHeartMedia] offered that was unique, he continues. America's largest radio station owner iHeartMedia filed for Chapter 11 bankruptcy protection in the wee hours of Wednesday night/Thursday morning. Join the Westword community and help support 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. Billboard and iHeart Media hit with major layoffs and furloughs Chicago: Jordan 'JRDN' Foster exits as night host at CHR WKSC (103.5 Kiss FM). iHeartRadio Replaces Hundreds of Workers With 'Technology and AI' It is unclear whether the decision to leave that spot was her own. I suspect they will both win, one way or another, he says. 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 . 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. 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. Iheartmedia Layoffs - GoLayoffs 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. CEO Bob Pittman said Q4 was iHeart's best quarter for revenue and adjusted earnings in company history. Sources tells us the RIF will be hitting programming, on-air, , https://www.rollingstone.com/pro/features/iheartmedia-mass-layoffs-937513/, Jan 15, 2020 iHeartMedia laid off a number of employees this week. 2021 Annual Report PDF Format Download PDF 1.25 MB. local news and culture, Michael Roberts Send us a tip using our anonymous form. 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." 1. Layoffs have become a regular thing at iHeart, and not just in Denver. Mason Lafayette the afternoon host of Mobile, Alabama's MIX 99.9 (WMXC) is one of the iHeart cuts. 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 prevent the FCC from doing away with local-ownership caps. iHeartRadio owner lays off dozens including popular hosts iHeartMedia announced 9 presidents for new market divisions By James Leggate FOXBusiness Video Dozens of popular radio personalities. iHeartRadio owner lays off dozens including popular hosts Tuesday's layoffs sent a ripple through the company, as employees' phones started lighting up with texts in the middle of breakfast. iHeartMedia Layoffs: What They Mean for Listeners & the Industry Speaking of iHeart finding new ways to make money, its podcast publishing tool Spreaker is going for the Anchor play. 2019. Wednesday, June 29, 2022. Its happened to a lot of people and now it's happened to me. CEO Bob Pittman said in a press release Tuesday that iHeartMedias move will allow the company to modernize its operations and infrastructure. Also out is Total Traffic And Weather/Chicago traffic reporter Bart Shore. (adsbygoogle = window.adsbygoogle || []).push({}); Radio news and headlines delivered right to your e-mail box -- and it's free. They never should have been able to leverage up to $20 Billion but hey, who's counting. How Should RTD Deal With the Drug Problem on Trains? ' Billboard could not confirm the exact number of layoffs and iHeartMedia would comment on that. image=9270478]. (Many declined to comment, citing the same reason.) 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. 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. 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. 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. Layoffs at iHeartMedia drive out ace traffic reporter Bart Shore According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. 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. Workload can be heavy during close, but that's typical for an Accounting position. 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, . iHeart Cuts Exec Salaries, Furloughs Employees March 30, 2020 March 31, 2020 kevincarter iHeartMedia . Toni Foxx exits The Big Show in mornings at Country WQIK (99.1 WQIK). 2023 Billboard Media, LLC. Chicago: Robbyn Hart as seen on her KBCO bio page. 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. iHeart Cuts Exec Salaries, Furloughs Employees https://www.westword.com/news/denver-iheart-radio-stations-cut-kbcos-robbyn-hart-and-more-14378105, Jun 22, 2022 Layoffs have become a regular thing at iHeart , and not just in Denver. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! Jerry Del Colliano in the online newsletter Inside Music Media put the number of iHeartMedia broadcast engineers cut at 39 as of Friday, with some of them expected to continue as contract help at stations. iHeartMedia, Inc. - iHeartmedia, Inc. Reports Results for 2021 Fourth Jordan JRDN Foster exits as night host at CHR WKSC (103.5 Kiss FM). Another area that saw significant growth? The majority of the cuts were inflicted on smaller markets size-30 and under, according to Del Colliano. They are not authored by Glassdoor. Is AI to blame? iHeartMedia Layoffs: Why Is The Audio Company Cutting Jobs? 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,. I recommend newcomers to work at iHeart. Head of iHeart Audience Network is out as podcast revenues slow. Were a little short on data, but you can help. 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. Update: Dozens Lose Jobs at Upper Midwest iHeart Stations Amazon Pauses Construction on Second Headquarters in Virginia, Emilia, Big One & Callejero Fino Earn First No. Having problems? iHeartMedia Layoffs Bleed Even More Regionalism Out of Radio iHeartMedia is in the midst of another road of layoffs. 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. There was a very urgent, emergency meeting called in New York City for market presidents and higher-level local management, says one former iHeartMedia employee who spoke on the condition of anonymity so as not to jeopardize a severance package. The move comes at a time when the company is anxious about growth. Program directors at almost every company barely choose the music anymore, he says. 2023 FOX News Network, LLC. 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. Featured Artists. 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Excellent verbal skills political, economic, legislative and cultural) 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. He was also the station's Sr. Vice President of Programming. The Anniston Star had one layoff, one early retirement and one employee stepped down. In March, Pittman surrendered his remaining 2020 salary and senior management took pay cuts between 30-70 percent. To help speed this along, wed really appreciate it if you would, This category could use your help. WBZ NewsRadio 1030 - Boston's News Radio Audacy & iHeart Playing Dirty with Ad Rates .