iheart layoffs 2021 iheart layoffs 2021

Keeler also hosted the 12pm Throwback Lunch on Alternative Channel 93.3 KTCL. Tim Moore is out as SVP/Programming for the companys Manchester and Portsmouth NH clusters. 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. FAQ - New Privacy Policy. Copyright 2020 RAMP Media, Inc. All rights reserved. Moore joined the company in 2012 as Program Director for their Portsmouth stations and rose to his now former role in 2015. 2020 Annual Report PDF Format Download PDF 1.39 MB. Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. 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. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. 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. 2018. . 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. Now, we dont do that either.. Executives blame AI. Featured Artists. 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. 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. Copyright 2023 Penske Business Media, LLC. 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." Boston: Lance Houston exits the PD post at Country WBLW (101.7 The Bull). 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. our management team has found ways to reduce our company's expenses without resorting to permanent layoffs. Tim Moore exits the SVP/Programming post for Manchester and Portsmouth NH clusters. iHeartRadio (often shortened to just "iHeart") is an American freemium broadcast, podcast and radio streaming platform owned by iHeartMedia.It was founded in August 2008. 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. Spreaker, which was previously only available to paid customers through plans ranging from $8 to $250 per month, now offers a free basic tier. 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. Sure, you can market digitally, you can market online, you can run an ad and it shows up on Facebook. 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. The 200 Greatest Singers of All Time You will be overworked and take on so many extra responsibilities with no pay and management is awful. Quotes displayed in real-time or delayed by at least 15 minutes. iHeart Cuts Exec Salaries, Furloughs Employees March 30, 2020 March 31, 2020 kevincarter iHeartMedia . radioinsight.com 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. 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%. 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. 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. Previously, to get a broadcast license in Sheboygan, Wisconsin, there would have to be a manned studio in town. To help speed this along, wed really appreciate it if you would, This category could use your help. What they do give you is more and more work as they love to fire people and not fill those positions, they just spread the work around to the remaining miserable shlubs. The Seattle-based company is delaying the beginning of construction of PenPlace, the . Now layoffs were inevitable because of lost profits. The 500 Greatest Songs of All Time Chicago: Jordan 'JRDN' Foster exits as night host at CHR WKSC (103.5 Kiss FM). At least 100 U.S. news organizations have closed throughout the pandemic, although 14 of those same outlets have since resumed operations to varying extents. 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. The small cuts to the product when times were good had already push some away. Roger Rocket Keeler exits as Imaging Director after 28 years with the cluster. 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. 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. As the company stated in Thursday's annual earnings. At iHeartMedia, Inc., we promise to treat your data with respect and will not share your information with any third party. That's nearly 44,000,000 Gen Zers every week! (adsbygoogle = window.adsbygoogle || []).push({}); Radio news and headlines delivered right to your e-mail box -- and it's free. Neither van Mosel nor iHeart responded to request for comment. Powered and implemented byFactSet Digital Solutions. Send us a tip using our anonymous form. The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country. Listeners expressed their outrage on Twitter after learning that some of their favorite radio personalities had been let go. iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2021. Mychal Maguire departs as Program Director at Hip Hop 95.7 The Beat WBTP after seven years. According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. Its happened to a lot of people and now it's happened to me. 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 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. The festival will also be broadcast live on iHeartMedia radio stations throughout the country across more than 150 markets. If you have a desire to work in the Broadcast arena, they offer the opportunity to work in your field. Audacy & iHeart Playing Dirty with Ad Rates . 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. 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. 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. and help keep the future of Westword, Use of this website constitutes acceptance of our. Can I Be Laid Off While On Workers Compensation? "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. Robbyn Hart as seen on her KBCO bio page. By Ben Miller - Staff Reporter, Feb 17, 2021. iHeart Media Inc. said it's buying Triton Digital of Los Angeles from The E.W . Also cut Wednesday was Jordan "JRDN" Foster, nighttime personality at iHeartMedia Top 40 WKSC 103.5-FM.. A native of Syracuse, New York, and graduate of Syracuse University, Foster began his career as the rap artist Jay Foss before joining iHeartMedia Chicago in 2015. 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. 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. Lack of support for new hires. iHeartMedia, Inc. . Courtesy of iheartmedia The largest radio conglomerate in the country, iHeartMedia, initiated a round of mass layoffs this week,. Chicago: Im listening to my favorite station and they didnt need to put a DJ down here in Williamsburg, he says. Jun 15, 2022 A radio DJ heard at multiple stations in Upstate New York is gone from the airwaves after the latest round of iHeartMedia layoffs . 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, in a 2019 interview. Augustus also worked in the market at 98.1 WSRR and 98.9 WJZN along with a previous stint at WRBO. 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. iHeart Media have announced cuts in hope of saving $250m. Max Cutler most recently oversaw content partnerships. CEO Bob Pittman said Q4 was iHeart's best quarter for revenue and adjusted earnings in company history. nick@hotpodmedia.comSignal: +1 312-509-5898. 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,. Its a lot easier to get rid of people if you dont have to have any physical location where the public can come in and figure out whats happening at your station, says Jessica Gonzlez, co-CEO of Free Press, a media watchdog group. 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. How Should RTD Deal With the Drug Problem on Trains? The Seattle-based company is delaying the beginning of construction of PenPlace, the second phase of its headquarters development in Northern Virginia . 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. I heard theyre gonna go with their national music logs across the board. I think the majority of these stations will be centrally programmed, agrees the other former employee. 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. Sources tells us the RIF will be hitting programming, on-air, and digital departments, once an area of growth, across the country. Now, the company has explained why those. 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. Ive seen this coming, agrees DJ Sab, who lost his radio role in Cincinnati. Radio 95.1 - Rochester, NY - Home of Brother Wease, Rizzo & Jeff, Rover's Morning Glory at Night and The Bob and Tom Show Thu. It has been 10 years since my last raise, I've asked and been told no. 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. Another area that saw significant growth? This site is protected by reCAPTCHA Enterprise and the Google. Average Song Length Nose Dives . Are Older Listeners the Key to Unlocking Streaming's Growth Amazon Pauses Construction on Second Headquarters in Virgini Emilia, Big One & Callejero Fino Earn First No. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. The culling has begun, wrote one member of a Facebook group for people in radio. 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. Get the latest updates in news, food, music and culture, and receive special offers direct to your inbox. 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). 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. Workload can be heavy during close, but that's typical for an Accounting position. 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. Listen to live radio! AJR's Visit at 96.5 TDY's Artist Lounge. 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. iHeart's role in all of this, yes iHeart! Our website provides local and national news, radio show podcasts, contests, local weather, events and concerts. This is the largest radio group, Del Colliano notes. Now Its the Music Industrys Hottest Recommendation Tool, prevent the FCC from doing away with local-ownership caps, Report: Sony Music Knew Of Australia Workplace Abuse Allegations For Decades, Kenny Beats Wants to Teach You About the Music Biz, BMG's CEO Has a Grand Idea for the Music Industry: Don't Screw Over Artists, Another Blockbuster Deal: Tina Turner Sells Entire Catalog to BMG, The National Stay Up Late to Perform 'Tropic Morning News' on Fallon, David Lindley, Multi-Instrumentalist Who Shaped the Sound of Soft Rock, Dead at 78, Suki Waterhouse Won't Take Romance for Granted on New Single 'To Love', Travis Barker Says His Finger Ligament Surgery Was a 'Success' After Postponing Blink-182 Tour. Powered by Vipology, on JVs Family, Colleagues Facing Hard Reality, on Bardin Joins WMG As Pres. Tell Alexa To "Play WRKO On iHeartRadio!" Read Kuhner's Weekly Columns. Jacksonville P!nk on fighting for what's right, being over your feuds, and why performing is therapy. Every effort will be made to keep communication between us secret and confidential. Cost of living goes up, your pay NEVER will. Their influence has gotten less and less. 2021. 2020. 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.. (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." iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. Available to work on a flexible schedule The salary is extremely low. Now, everything going out over those airwaves could be made in New York and beamed in from afar. Billboard is a part of Penske Media Corporation. According to Edison, 35 percent of respondents said that they have listened to an audiobook in the past year, up from 28 percent in 2022. Read employee reviews and ratings on Glassdoor to decide if iHeartMedia is right for you. 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. Our nine division presidents bring a complementary portfolio of knowledge, leadership and diverse functional expertise that will position us well as we continue to transform and modernize as the leader in the audio space.. The Trump Administration Could Make It Worse This further decreased ad revenue, which meant even more layoffs and/or more consolidation. Join the Westword community and help support (See table 8.) Earle Augustus exits as morning co-host on Adult R&B V101 KJMS and afternoon host on R&B Oldies 1070 WDIA. San Antonio, Texas Area . They are constantly consuming news and information throughout the day on various platforms, but it may be to your surprise that 55% of 13-24 year-olds in the US are reached by AM/FM radio daily. Denver's independent source of That is a truly respectable number, but perhaps their expectations were set high because of the 148 percent growth the segment experienced in 2021. iHeartMedia has begun another round of layoffs after the company's revenue projections for the rest of 2022 are reportedly trending downward. 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" The entire environment is toxic and negative, no one (besides sales since they rule all things) is happy and everyone is treated like absolute garbage. 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. Two of radio's biggest chains announce layoffs and furloughs as the economy continues to collapse amid the coronavirus epidemic infecting the globe with Entercom and iHeartMedia announcing a reduction of their workforce, suspension of 401k contributions and pay cuts. 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. Comfortable yet professional presence on camera Also out is Total Traffic And Weather/Chicago traffic reporter Bart Shore. They do not have any managers of color and if they do, I would be curious to know how fair they are being treated. FILE - A sign at Twitter headquarters is shown in San Francisco, Dec. 8, 2022. June 22, 2022; a la carte wedding flowers chicago; used oven pride without gloves; iheart layoffs 2021 . 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. Read the full article now Forward to a friend. While only a handful of names are listed, there are many others that for multiple reasons have not yet made their departures public. Gen Z are true digital natives and the most tech-savvy generation. Another round of employee cuts at iHeartMedia last week appears to include reductions in engineering departments at its broadcast operations. 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. An iHeartRadio station. Excellent verbal skills The 100 Greatest TV Shows of All Time Toni Foxx departs The Big Show in mornings at Country 99.1 WQIK after nineteen years. 49% of iHeartMedia employees would recommend working there to a friend based on Glassdoor reviews. His departure comes less than a month after podcasting head Dawn Ostroff announced she was leaving. When they do something, guess what? Wednesday, June 29, 2022. So far we have heard of dismissals from programming, on-air, and digital departments across the country. 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. Cumulus Media, iHeartMedia 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. I recommend newcomers to work at iHeart. At least 6,154 news organization workers, which includes both editorial and non-editorial staffers, were laid off beginning March 2020 through August 2021. In November, iHeartMedia reported it took in more than $1.6 billion in broadcast-radio revenue during the first nine months of 2019, . You will be away from home quite often. This rating has been stable over the past 12 months. 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 tides equities los angeles . As well as receiving a bonus. Toni Foxx exits The Big Show in mornings at Country WQIK (99.1 WQIK). All Rights Reserved. Townsquare's Major Expansion . But the bottom line is when you wrote that song, your dream was to hear it on a full-fledged radio station. With more than 860 live broadcast stations in 153 markets across America, there's an iHeartRadio station where you live. I dont know how sustainable that is, this source says. Were a little short on data, but you can help. Youll gain a lot of experience and knowledge that youll be able to take to your next job. That year-over-year growth rate also decelerated over the course of 2022, going from 78 percent in the first quarter to 60 percent in the second quarter, 42 percent in the third quarter, and finally to 17 percent in the fourth quarter. Broad knowledge of local, national and international affairs (e.g. Dozens of popular radio personalities across the U.S. were laid off as station owner iHeartMedia announced a major reorganization this week. iHeartMedia laid off hundreds of radio DJs. Newstalk 610 CKTB (CKTB-FM) is Niagara's NewsTalk Leader. Courtesy of iheartmedia . The 100 Best Albums of 2022. Copyright 2022 RadioInsight / RadioBB Networks. It has reportedly caught the eye of antitrust officials with its not-yet-official plans to buy the radio giant. Ive heard there are as many as 850 people without jobs today from iHeartMedia. I heard there are going to be more [cuts] coming all week, adds the other former employee. Jerry Schemmel, the play-by-play voice of the Colorado Rockies, is among those who were laid off by iHeartRadio in Denver. 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 Here's the Latest : Apr 14, 2020: iHeartMedia Aims to Save $200 Million This Year Via Pay Cuts, Furloughs, Other Reductions . You will see many bad things while being a journalist. YouTube revealed its big podcast plan, Spotify talked audiobooks, and Decoder had its first live show. January 17, 2020. 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. Management is alright. 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. Most artists want to hear their song on the radio. 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 Rolling Stone, seemed plucked partly from a corporate-culture parody like Office Space. Since the layoffs, they've been inundated with messages . Late last Friday, word began rapidly circulating about numerous high profile personnel cuts within Beasleys on-air and programming ranks. Jordan JRDN Foster exits as night host at CHR WKSC (103.5 Kiss FM). iHeartMedia laid off hundreds of radio DJs. iHeartMedia laid off a number of employees this week. Tuesday's layoffs sent a ripple through the company, as employees' phones started lighting up with texts in the middle of breakfast. The company reports third-quarter . 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. We want to hear it. I suspect they will both win, one way or another, he says. 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. My coworkers, who are equally as miserable but stuck, are very nice. 2023 FOX News Network, LLC. Joey Morona, cleveland.com CLEVELAND, Ohio -- Cleveland radio has been impacted once again by layoffs at iHeartMedia. independent local journalism in Denver. Lance Houston exits the PD post at Country WBLW (101.7 The Bull). 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.