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. Its happened to a lot of people and now it's happened to me. Liberty, which owns SiriusXM satellite radio, also has a 4.8 percent stake in iHeart. San Antonio, Texas Area . 2021 iHeartRadio Music Awards: See The Full List of Nominees - 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. Today's $200 million plan comes after the company announced $50 million in savings early . Now, everything going out over those airwaves could be made in New York and beamed in from afar. Des Moines While only a handful of names are listed, there are many others that for multiple reasons have not yet made their departures public. 2021 Annual Report PDF Format Download PDF 1.25 MB. To take all the local DJs off the radio in the Number One station, that says a lot, Ledyard notes. [iHeartMedia is] very much convinced that the local aspect of radio is no longer important., Related 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 . 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???? Featured Artists. Thu. 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. But it also means that there are fewer local DJs talking about local things that matter deeply to their own communities., With iHeartMedia taking this step to further hollow out its local presence, its easy to imagine that other big radio chains like Cumulus, Entercom, or Townsquare Media will do the same. Denver's independent source of By continuing to use this website you are giving consent to cookies being used. The majority of the cuts were inflicted on smaller markets size-30 and under, according to Del Colliano. Kennedy joined the company as morning host on Hot AC 100.5 The Drive WDVI in 2012 after 20 years at CHR 97.9 WPXY and three years in middays at Variety Hits 98.9 the Buzz WBZA. That is a truly respectable number, but perhaps their expectations were set high because of the 148 percent growth the segment experienced in 2021. 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. 2018. . Chicago: On April 24, 2020, North Jefferson News in Gardendale, Alabama, announced it was merging with sister paper The. "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. Youre simply taking content that someone has already produced and pushing it out someplace else on another channel theres a lot more money in that, says Gordon Borrell, CEO of broadcast-analyst firm Borrell Associates. An iHeart spokesperson didnt specify the number of jobs that were eliminated, but told FOX Business that the number is relatively small because of the company'semployee base of 12,500. According to Radio Insight, Jeremy Newman is expected to stay with iHeartMedia, hosting afternoons at Country 100.5 (WDVI-FM) in Rochester. 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. Lack of support for new hires. Management is alright. Since the layoffs, they've been inundated with messages . To illustrate iHearts new approach, Borrell says he was earlier streaming a Philadelphia rock station on an Amazon device while working in Virginia. Foster was also corporate News/Talk Brand Coordinator. Brian Price exits as afternoon host at Classic Rock 93.3 The Wolf WNCD and Creative Production Designer for the National Programming Group. iHeartMedia laid off hundreds of radio DJs. Is AI to blame? - The Feb 17, 2021 10:10am PT iHeartMedia to Acquire Audio Ad-Tech Firm Triton Digital From Scripps for $230 Million By Todd Spangler Triton Digital As E.W. KXNO/iHeart Layoffs | Page 18 | CycloneFanatic: The Internet's most 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. 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.. Radio Waves: iHeart Layoffs Radio JK FM 2nd Chance for Pirates (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." 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. Philadelphia Pop Radio Station - WTDY-FM | 96.5 FM TDY Paying more for less/worse content drove even more readers away. iHeartRadio - Wikipedia [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. Neither van Mosel nor iHeart responded to request for comment. I recommend newcomers to work at iHeart. Massive Layoffs At iHeart Media - News 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. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. 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. Rochester, New York, United States In charge of producing the WHAM Morning News. 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). Now layoffs were inevitable because of lost profits. 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. Proven work experience as a news anchor iHeartMedia layoffs hit Cleveland radio, again - cleveland.com 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. As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. You will see many bad things while being a journalist. 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 We want to hear it. Audiobooks (thats right, ya girl is not gonna miss an opportunity to talk audiobooks). Hilton joined the company in 1999 after seventeen years at 101.9 WCLR/WTMX where he hosted middays. Another round of employee cuts at iHeartMedia last week appears to include reductions in engineering departments at its broadcast operations. WBZ NewsRadio 1030 - Boston's News Radio The. Another area that saw significant growth? Gayle Troberman, Executive Vice President and Chief Marketing Officer for iHeartMedia. 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. IHeartMedia emerged from bankruptcy last year after seeking protection to reduce its debt by more than $10 billion in 2018. Tell Alexa To "Play WRKO On iHeartRadio!" Read Kuhner's Weekly Columns. All Rights reserved. 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. Comfortable yet professional presence on camera You must have JavaScript enabled to fill out this form. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! Glassdoor has 2,430 iHeartMedia reviews submitted anonymously by iHeartMedia employees. 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. iHeartMedia - Wikipedia Original Report 6/8: A round of position cuts is underway at iHeartMedia this week. The 200 Greatest Singers of All Time Recession Plans at the Big 3 Radio Groups. He was also the station's Sr. Vice President of Programming. September 02, 2021. Mychal Maguire exits the PD post at Hip Hop WBTP (95.7 The Beat). 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. Tim Moore is out as SVP/Programming for the companys Manchester and Portsmouth NH clusters. 'The Culling Has Begun': Inside the iHeartMedia Layoffs - Rolling Stone The latest round of layoffs at iHeartMedia has affected two morning shows in the Twin Cities. iHeart layoffs hit longtime Philadelphia radio executive, on-air (See table 8.) 49% of iHeartMedia employees would recommend working there to a friend based on Glassdoor reviews. Entercom, iHeartMedia announce layoffs and furloughs 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. Why would they need to produce more?, Laid-off iHeartMedia DJs and programmers arent exactly sympathetic to that point of view. 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. Mutual Fund and ETF data provided byRefinitiv Lipper. This rating has been stable over the past 12 months. 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. iHeartMedia Layoffs Continue Across Multiple Radio Markets 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. iHeartMedia Staff Hit With Layoffs Across the Country: 'It's Been a 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." Massive Layoffs At iHeart Media. Copyright 2020 RAMP Media, Inc. All rights reserved. 1. iHeart Media announces cuts nationwide; Chicago stations lays off three 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. Responsible for pulling cuts, posting on social media, making scripts and voicers . 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. Normal Gossip lands at Radiotopia and Spotify ditches the heart button. 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 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. DOWNSIZING - RAMP - Radio and Music Pros Diversity in Radio Is Vanishing. iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. Breaking news when it happens. Many people will just not like you. iHeartMedia, which controls more than 800 radio stations and paid its CEO more than $14 million in 2017, declined to comment on the specific number of layoffs. Jordan JRDN Foster exits as night host at CHR WKSC (103.5 Kiss FM). But the bottom line is when you wrote that song, your dream was to hear it on a full-fledged radio station. 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 .