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. September 02, 2021. Radio 95.1 - Rochester, NY - Home of Brother Wease, Rizzo & Jeff, Rover's Morning Glory at Night and The Bob and Tom Show Understanding of the newscast process Billboard is a part of Penske Media Corporation. Even the podcasting industry is not immune to some effects of the advertising slowdown, iHeart CEO Bob Pittman said on an investor call this week. IHeart reps wouldnt comment on the number of layoffs or discuss strategy, other than releasing a statement that says in part, This is another step in the companys successful transformation as a multiple platform 21st century media company, and we believe it is essential to our future. (Although listenership for iHeartMedias more than 850 stations remains strong, traditional radio advertising revenue has declined, and the company emerged from Chapter 11 bankruptcy last year, cutting its debt from $16 billion to $6 billion.) Listeners expressed their outrage on Twitter after learning that some of their favorite radio personalities had been let go. . New Hampshire independent local journalism in Denver. Its an exciting time at iHeart as we launch our new markets group structure to capitalize on our unparalleled reach and groundbreaking technology to create one-of-a-kind platforms and services for our employees, partners and listeners, Greg Ashlock, president of iHeartMedias markets group, said in a press release. 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. 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.. The 500 Greatest Songs of All Time 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. 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 . Also out is Total Traffic And Weather/Chicago traffic reporter Bart Shore. Also cut Wednesday was Jordan JRDN , https://www.radioworld.com/news-and-business/headlines/reports-iheartmedia-makes-cuts-to-engineering-staff. 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. Make a one-time donation today for as little as $1. 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. iHeartMedia laid off a number of employees this week. 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. San Antonio, Texas Area . This material may not be published, broadcast, rewritten, or redistributed. iHeart Cuts Exec Salaries, Furloughs Employees March 30, 2020 March 31, 2020 kevincarter iHeartMedia . Denver's independent source of Rochester, New York, United States In charge of producing the WHAM Morning News. Nov 2016 - Aug 2021 4 years 10 months. 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. Tampa IHeartMedia also named nine senior executives on Wednesday who will serve as division presidents under the new organizational system. That is a truly respectable number, but perhaps their expectations were set high because of the 148 percent growth the segment experienced in 2021. Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. political, economic, legislative and cultural) Newstalk 610 CKTB is an iHeartRadio station. 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. This rating has improved by 3% over the last 12 months. The 100 Greatest TV Shows of All Time The nation's largest owner of radio stations began notifying affected. Find out more about, 49% of iHeartMedia employees would recommend working there to a friend, Get started with your Free Employer Profile, They Expect High Turnover For This Position So You Will Never See A Raise, Great for a resume, not for a career unless youre lucky. (Many declined to comment, citing the same reason.) 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. Layoffs have become a regular thing at iHeart, and not just in Denver. Augustus joined the company after a long run at Cumulus 103.5 WRBO where he served as APD and evening host and then Program Director from 2005 to 2018. Courtesy of iheartmedia The largest radio conglomerate in the country, iHeartMedia, initiated a round of mass layoffs this week,. 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" Theyll still be able to suggest songs. 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. Copyright 2023 Penske Business Media, LLC. Late last Friday, word began rapidly circulating about numerous high profile personnel cuts within Beasleys on-air and programming ranks. iHeartMedia is in the midst of another road of layoffs. Im listening to my favorite station and they didnt need to put a DJ down here in Williamsburg, he says. Verify your email to use filters. Strict deadlines are a problem. ' Billboard could not confirm the exact number of layoffs and iHeartMedia would comment on that. image=9270478]. We're bringing together the most influential and trusted voices in Black culture for conversations around social justice, pop culture, sports, mental health, news, and comedy. 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. Audiobooks (thats right, ya girl is not gonna miss an opportunity to talk audiobooks). That may be part of why few in radio were surprised by the cuts to local talent. Effective communication and interpersonal skills iHeartMedia Initiates Another Round of Staff Layoffs, More Layoffs Happening At iHeartMedia DMS, The Culling Has Begun: Inside the iHeartMedia Layoffs. The morning show on Radio 95.1, however, has been . 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.. In 2017, the FCC succeeded in getting rid of the main studio rule, meaning that stations were no longer required to maintain a studio or any staff near the location of their broadcast license. 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). 1. This rating has been stable over the past 12 months. I recommend newcomers to work at iHeart. Lo 34 Hi . 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. The 100 Best Albums of 2022. Legal Statement. 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. Head of iHeart Audience Network is out as podcast revenues slow. 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. Active social media presence. 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. 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. Executives blame AI. Cool industry with concerts, radio, events, etc. iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. Theres plenty else to dig into here. Join the Westword community and help support Liberty, which owns SiriusXM satellite radio, also has a 4.8 percent stake in iHeart. 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. [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. 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. iHeartMedia announced to investors today a plan to cut up to $250 million from its expenses for 2020. Its not cause they dont want to theyre told not to. 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. 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%. Were a little short on data, but you can help. To take all the local DJs off the radio in the Number One station, that says a lot, Ledyard notes. You will watch every other department be given tons of perks, services, etc from clients and upper management but you will NEVER receive anything above your base pay. Townsquare's Major Expansion . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Horrible office culture and new management. 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. 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.. 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. Reactions: im4cyclones , beentherebefore and Doc 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. [iHeartMedia is] very much convinced that the local aspect of radio is no longer important., Related Lance Houston exits the PD post at Country WBLW (101.7 The Bull). Chicago: We want to hear it. Radio Jess Aleshire exits as Regional Production Director for Minot, Bismarck & Dickinson ND and midday host on Rock 105.3 The Fox KZPR Minot. 49% of employees would recommend working at iHeartMedia to a friend and 45% have a positive outlook for the business. Designed by Elegant Themes | Powered by WordPress, iHeartMedia Sacramento Launches The New KISS 107.9, Amanda Ice Habrowski Named Midday Host at 93.1 The Mountain/Las Vegas. As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. As of 2019, iHeartRadio . Proven work experience as a news anchor Spence joined the cluster in 2016 after programming the companys Talk and Sports stations in Hartford and New Haven CT. 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. This company will NEVER give you a raise or cost of living increase. Why would they need to produce more?, Laid-off iHeartMedia DJs and programmers arent exactly sympathetic to that point of view. 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. 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. Also, the term diversity is used as propaganda, and could possibly be a goal of the company, but not something that is necessarily practiced within the company. Apr 2021 - Present 2 years. F ollowing the recent abrupt departure of The Hollywood Reporter's now former editorial director Matthew Belloni last week, umbrella company Valence Media has, today, let go of a substantial number of its workforce. 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. 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 . An iHeartRadio station. iHeart's role in all of this, yes iHeart! 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. One employee who lost a job Tuesday said the station cut just about all the on-air talent except for the morning show. 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.. 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. You may become a public figure. Being a journalist can be stressful. Des Moines This rating reflects the overall rating of iHeartMedia and is not affected by filters. Moore previously spent 21 years in Portland ME programming AC 94.9 WHOM and CHR Q97.9 WJBQ, and has also worked in Columbus OH and Bangor ME. 2020. 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.. Ive seen this coming, agrees DJ Sab, who lost his radio role in Cincinnati. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Cannes Lions International Festival . 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. The 200 Greatest Singers of All Time Thats good to hear! You can check out the full report on Edisons website. FAQ - New Privacy Policy. 2020 Annual Report PDF Format Download PDF 1.39 MB. 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. 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 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. 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. Ive seen the writing on the wall for a long time, Ledyard says. The small cuts to the product when times were good had already push some away. 2019. 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.