iHeartMedia, Inc. . Dozens of popular radio personalities across the U.S. were laid off as station owner iHeartMedia announced a major reorganization this week. At iHeartMedia, Inc., we promise to treat your data with respect and will not share your information with any third party. 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. Every Tuesday receive analysis, insights, and commentary on the growing podcast industry. "People are concerned," says a source at an iHeart station. Every effort will be made to keep communication between us secret and confidential. Sure, you can market digitally, you can market online, you can run an ad and it shows up on Facebook. Some employees began to suspect that cuts were coming last week. Published: Mar. nick@hotpodmedia.comSignal: +1 312-509-5898. (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.) 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''. This further decreased ad revenue, which meant even more layoffs and/or more consolidation. 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. By continuing to use this website you are giving consent to cookies being used. Cool industry with concerts, radio, events, etc. JRDN joined Kiss-FM in 2015 and was promoted from overnights and fill-ins to evening host in October 2019. iheart layoffs 2021 - kestonrocks.com Amazon pauses construction on 2nd headquarters in Virginia 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. Foster was also corporate News/Talk Brand Coordinator. 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. 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. iHeartMedia Reviews: What Is It Like to Work At iHeartMedia? Late last Friday, word began rapidly circulating about numerous high profile personnel cuts within Beasleys on-air and programming ranks. Theyre getting a lot of mileage out of their existing content. FILE - A sign at Twitter headquarters is shown in San Francisco, Dec. 8, 2022. They most recently attended, or will attend, Cannes Lions International Festival of Creativity 2021 on Jun 21, 2021. Youll gain a lot of experience and knowledge that youll be able to take to your next job. You may get shitstorms on social media. 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. According to reviews on Glassdoor, employees commonly mention the pros of working at iHeartMedia to be workplace, coworkers and the cons to be senior leadership, benefits, career development. Having problems? Penelope Vargas - Associate Solutions Engineer - LinkedIn iHeartRadio Replaces Hundreds of Workers With 'Technology and AI' 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." 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. https://www.syracuse.com/entertainment/2022/06/syracuse-rochester-radio-dj-mayor-pete-kennedy-out-after-iheartmedia-layoffs.html. To take all the local DJs off the radio in the Number One station, that says a lot, Ledyard notes. 1 on Billboard Argentina Hot 100 Chart, We Thought You Should Know: Morgan Wallen Tops Country Airplay Chart for Third Week, Publishers Quarterly: Taylor Swift Rules With Anti-Hero, Sony and Universal Duel for No. Executives blame AI. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. Head of iHeart Audience Network is out as podcast revenues slow. All Rights Reserved. San Antonio, Texas Area . CEO Bob Pittman said in a press release Tuesday that iHeartMedias move will allow the company to modernize its operations and infrastructure. Copyright 2023 Penske Business Media, LLC. 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). Today's $200 million plan comes after the company announced $50 million in savings early . Also, there is not a union to support employees for equal and adequate pay. Home of Traffic and Weather Together on the 3s. to get free tickets to concerts and music events. New hires are there to farm 1-2 big accounts, after the base salary is taken away (6months) you are left having to leave and those accounts are given to veteran sellers. 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. As the company stated in Thursday's annual earnings. Boston's source for local news. Save my name, email, and website in this browser for the next time I comment. Shore previously spent seventeen years as a traffic reporter for News 780 WBBM and earlier in his career programmed KRNA Iowa City. Breaking news when it happens. The festival will also be broadcast live on iHeartMedia radio stations throughout the country across more than 150 markets. 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. You will see many bad things while being a journalist. iHeartRadio Denver Layoffs Update and Details From Internal Memo - Westword Head of iHeart Audience Network is out as podcast revenues slow. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. But the bottom line is when you wrote that song, your dream was to hear it on a full-fledged radio station. 2023 Billboard Media, LLC. Paying more for less/worse content drove even more readers away. Before joining KBCO in 1997, Hart worked at multiple stations in Colorado Springs and Portland OR. 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, we dont do that either.. iHeart Media announces cuts nationwide; Chicago stations lays off three They do not offer fair pay wages that are conducive to the talent or the market. Our people are our companys most important asset, iHeartMedia continued, before announcing that a number of those crucial assets were about to be cut, and inventing a new euphemism for layoffs in the process: There will be some employee dislocation some by geography and some by function which is the unfortunate price we pay to modernize the company.. While layoffs have been dominating news cycles lately, Workday is moving in the opposite direction. 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The moves came as Department of Justice officials have been considering whether to block Liberty Medias plans to buy iHeart, The New York Post reported. 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, . More than 6,150 news workers were laid off amid the COVID-19 pandemic - Excellent work-life balance - The team is very supportive and motivated - Lots of career opportunities - Can easily find a mentor or when running into conflicts there's always someone to help you. Some iHeart Furloughs Become Permanent Layoffs | Barrett Media WRKO-AM 680 - The Voice of Boston It just doesnt take a lot of money to do that the source says. Brown Presses iHeart Media CEO on Layoffs 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. Ive seen this coming, agrees DJ Sab, who lost his radio role in Cincinnati. Why would they need to produce more?, Laid-off iHeartMedia DJs and programmers arent exactly sympathetic to that point of view. You will be overworked and take on so many extra responsibilities with no pay and management is awful. Gen Z are true digital natives and the most tech-savvy generation. 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. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. The move comes at a time when the company is anxious about growth. Reports: iHeartMedia Makes Cuts to Engineering Staff Effective communication and interpersonal skills Neither van Mosel nor iHeart responded to request for comment. One employee who lost a job Tuesday said the station cut just about all the on-air talent except for the morning show. This rating has been stable over the past 12 months. The Trump Administration Could Make It Worse An iHeartRadio station. When they do something, guess what? 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. Native Hawaiian or Other Pacific Islander, In celebration of International Women's Day on March 8, iHeartMedia presents the third annual iHeartRadio SeeHer Hear Her: Celebrating Women Who Make Music & Culture, a celebration of women who make music, influence change, and sew the fabric of our culture. AJR's Visit at 96.5 TDY's Artist Lounge. 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." America's largest radio station owner iHeartMedia filed for Chapter 11 bankruptcy protection in the wee hours of Wednesday night/Thursday morning. Newstalk 610 CKTB (CKTB-FM) is Niagara's NewsTalk Leader. iHeartMedia Layoffs Bleed Even More Regionalism Out of Radio This rating has improved by 3% over the last 12 months. Ability to improvise in a live on-camera setting That day of reckoning arrived this week. Can You Get Laid Off While On Maternity Leave, Can Laid Off Union Workers Collect Unemployment, How Long Does Insurance Last After Being Laid Off. Bee previously has hosted mornings and nights at WOWI and has mixed at WXYV Baltimore, WBTJ Richmond and SiriusXM. 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 . Liberty, which owns SiriusXM satellite radio, also has a 4.8 percent stake in iHeart. iHeartMedia announced to investors today a plan to cut up to $250 million from its expenses for 2020. 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. iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2021. Many people will just not like you. 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 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.. No matter who does it next, iHeart was the bad-guy first, the former employee says. Entercom, iHeartMedia announce layoffs and furloughs Reaching Gen Z With Radio | iHeart AdBuilder Tim Spence exits as PD of KHOW and 600 KCOL Fort Collins, APD of KOA and Affiliate Relations Director for the Colorado Rockies and Denver Broncos networks. January 15, 2020 16 iHeartRadio Denver (photo: Jeffrey Beall CC by 4.0) Yesterday, we first reported on iHeartMedia's mass layoff of employees nationwide. Cumulus Just Screwed Itself . Among the people whose departures have been made public so far are: Lance Houston exits as Program Director of Country 101.7 The Bull WBWL. Tim Moore exits the SVP/Programming post for Manchester and Portsmouth NH clusters. Previously: Radio's Role in Taylor Swift's Success A Recession Would Trip Radio Layoffs Shakeup in Station Management Townsquare Distances Itself from Radio Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. 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. Spence joined the cluster in 2016 after programming the companys Talk and Sports stations in Hartford and New Haven CT. Well it finally happened. Jordan JRDN Foster is out as night host at CHR 103.5 Kiss-FM WKSC. Massive Layoffs At iHeart Media. I'm doing the job of about 7 people and getting paid exactly what I was in 2013. iHeartMedia layoffs hit Cleveland radio, again - cleveland.com It has reportedly caught the eye of antitrust officials with its not-yet-official plans to buy the radio giant. Considering the macroeconomic challenges in the current environment, we think our digital and podcasting business has performed well in the fourth quarter, but we also seek concrete ways to improve the performance going forward.. Sorry. Powered and implemented byFactSet Digital Solutions. Chicago: Inside Music Media | Insightful Deadly Honest Entertaining The cuts were made shortly before iHeart disclosed 2022 earnings, in which they reported 42 percent growth in podcast revenue over the course of the year. Jordan JRDN Foster exits as night host at CHR WKSC (103.5 Kiss FM). our management team has found ways to reduce our company's expenses without resorting to permanent layoffs. 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 . Editors picks Some called for a boycott of the company. Bart Shore departs as a traffic reporter for Total Traffic & Weather Network and weekend host at AC 93.9 Lite-FM WLIT. Are Older Listeners the Key to Unlocking Streamings Growth Potential? His departure comes less than a month after podcasting head Dawn Ostroff announced she was leaving. . Find out more about salaries and benefits at iHeartMedia. 2020. Could iHeart layoffs be the beginning of local radio's endgame? iHeartMedia Aims to Save $200 Million Via Pay Cuts, Furloughs - Variety Mutual Fund and ETF data provided byRefinitiv Lipper. KXNO/iHeart Layoffs | Page 17 - CycloneFanatic.com In other words, expect to struggle financially, unless you can manage to build income outside of the company. 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. Normal Gossip lands at Radiotopia and Spotify ditches the heart button. September 02, 2021. 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. As in previous years, that rate was a good chunk higher amongst men than women 46 percent of men reported listening to a podcast in the last month, compared to 39 percent of women. iHeartMedia was able to wipe away much of its local presence thanks to a recent decision made by the Federal Communications Commission. While only a handful of names are listed, there are many others that for multiple reasons have not yet made their departures public. (See table 7.) iHeartMedia has begun another round of layoffs after the company's revenue projections for the rest of 2022 are reportedly trending downward. 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. Tampa 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. iHeartMedia Initiates Another Round of Staff Layoffs - RADIO ONLINE 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. No career growth No bonus No annual raises, you will not receive a raise in this position, EVER OT opportunities are taken away or limited Poor management Toxic work environment Upper management will throw you under the bus to make themselves look better You are treated like a number & they make it known There's no career growth bc they want this position to be high turnover so they do not have to give out raises no matter how long you've worked there or how successful you are in your position, I worked here for over 2 years.. Good luck taking a vacation, you'll be expected to schedule content weeks before your trip in order for your accounts to be covered.. essentially work OT without pay so that content is constantly posted.
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