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. 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. Courtesy of iheartmedia The largest radio conglomerate in the country, iHeartMedia, initiated a round of mass layoffs this week,. 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 . Spence joined the cluster in 2016 after programming the companys Talk and Sports stations in Hartford and New Haven CT. 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. They never should have been able to leverage up to $20 Billion but hey, who's counting. It just doesnt take a lot of money to do that the source says. 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. 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. Sources tells us the RIF will be hitting programming, on-air, and digital departments, once an area of growth, across the country. 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. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Bart Shore exits as a traffic reporter for Total Traffic & Weather Network and weekend host at AC WLIT (93.9 Lite FM). At iHeartMedia, Inc., we promise to treat your data with respect and will not share your information with any third party. Max Cutler most recently oversaw content partnerships. 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. 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???? Of Technology, on Saga Snags Schulze As Director, E-Commerce, on Laden Named News Director, AM Anchor, WABC, on Pratt Upped To APD At Praise Charlotte, on Audacy Denver Launches Front Range Country, Laden Named News Director, AM Anchor, WABC, Audacy Denver Launches Front Range Country, Spotify Restructures, Lays Off 6% Of Force, Beasley Downsizing In Boston, Tampa, More, JVs Family, Colleagues Facing Hard Reality, Saga Snags Schulze As Director, E-Commerce, Mailing Address: 25876 The Old Road #254, Valencia, CA 91381. Broad knowledge of local, national and international affairs (e.g. 2023 FOX News Network, LLC. IHeart is the rare example of a major media company that has made the successful transformation into a 21st century media company one with unparalleled scale, reaching 91 percent of Americans each month with our broadcast assets alone, more than any other media company," Pittman said. Powered by Vipology, on JVs Family, Colleagues Facing Hard Reality, on Bardin Joins WMG As Pres. The morning show on Radio 95.1, however, has been . Mychal Maguire exits the PD post at Hip Hop WBTP (95.7 The Beat). Components of separations by industry Pros & Cons are excerpts from user reviews. 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.. Boston: Lance Houston exits the PD post at Country WBLW (101.7 The Bull). 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. Quotes displayed in real-time or delayed by at least 15 minutes. 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 . - 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. Apr 2021 - Present 2 years. Theyll still be able to suggest songs. No matter who does it next, iHeart was the bad-guy first, the former employee says. Effective communication and interpersonal skills No bonus or stock options. 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. Legal Statement. That is good news for Spotify, which has bet big (if not podcasting-big) that audiobooks are the next big-revenue vertical. YouTube More information is surfacing about iHeartRadio layoffs in. 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. 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. 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. Newstalk 610 CKTB (CKTB-FM) is Niagara's NewsTalk Leader. The small cuts to the product when times were good had already push some away. Download Our Free iHeartRadio App! (adsbygoogle = window.adsbygoogle || []).push({}); Radio news and headlines delivered right to your e-mail box -- and it's free. 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. 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. 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. Since the layoffs, they've been inundated with messages . The special event will highlight influential female artists in music through in-depth interviews with Gloria Estefan, Lainey Wilson, Latto, and more with words of wisdom about equality, inspiring confidence, and career building. The largest radio conglomerate in the country, iHeartMedia , , https://www.washingtonpost.com/technology/2020/01/31/iheartmedia-radio-artificial-intelligence-djs/, Jan 31, 2020 iHeartRadio spokeswoman Wendy Goldberg declined to make executives available for comment or provide a total layoff count, saying only that the , Layoffs at iHeartMedia drive out ace traffic reporter Bart Shore, Jun 9, 2022 Shores departure coincided with a wave of layoffs this week at iHeartMedia radio stations nationwide. When they do something, guess what? I suspect they will both win, one way or another, he says. Featured Artists. His departure comes less than a month after podcasting head Dawn Ostroff announced she was leaving. Every Tuesday receive analysis, insights, and commentary on the growing podcast industry. June 22, 2022; a la carte wedding flowers chicago; used oven pride without gloves; iheart layoffs 2021 . Lo 30 Hi 44. Listen to live radio! 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. Please enter your username or email address to reset your password. Price previously hosted mornings on sister AC Mix 98.9 WMXY with his tenure at the company beginning in 2001. 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 . 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. (AP Photo/Jeff Chiu, File) By The Associated . Chris Williams exits as co-host at Sports 1460 KXNO and 106.3 KXNO-FM. 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. . This rating reflects the overall rating of iHeartMedia and is not affected by filters. Theres plenty else to dig into here. Join my witness protection program -- report Newstips here. Strict deadlines are a problem. 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. Reactions: im4cyclones , beentherebefore and Doc 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. 6:28AM. Another round of employee cuts at iHeartMedia last week appears to include reductions in engineering departments at its broadcast operations. 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. 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. iHeart Media have announced cuts in hope of saving $250m. Bart Shore departs as a traffic reporter for Total Traffic & Weather Network and weekend host at AC 93.9 Lite-FM WLIT. iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. 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. In other words, expect to struggle financially, unless you can manage to build income outside of the company. iHeartMedia Cuts Continue by Lance Venta June 22, 2022 0 The layoffs across the country at iHeartMedia are still ongoing. Most artists want to hear their song on the radio. All Rights reserved. This rating has improved by 3% over the last 12 months. I would say if you're going to get an offer, please negotiate this hard. Additionally, Country WQIK/Jacksonville, FL morning co-host Toni Foxx (Robbie, John & Toni In The Morning) exits the station after 19 years, while New Hampshire VP/Programming Tim Moore departs after serving as PD of Active Rock WHEB, CHR WERZ (Z107), Country WTBU (95.3 The Bull), News/Talk WQSO (Newsradio 96.7) and Sports WPKX-AM after almost 10 years. It was founded in August 2008. Jess Aleshire exits as Regional Production Director for Minot, Bismarck & Dickinson ND and midday host on Rock 105.3 The Fox KZPR Minot. He was also the station's Sr. Vice President of Programming. Verify your email to use filters. 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. Many people will just not like you. Audiobooks (thats right, ya girl is not gonna miss an opportunity to talk audiobooks). Scripps exits the podcast sector, radio. 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. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. iHeart owns more than a dozen stations in the Cleveland-Akron-Canton market. Before joining KBCO in 1997, Hart worked at multiple stations in Colorado Springs and Portland OR. (See table 7.) Each site continues to compile ongoing lists. Tampa 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. The 500 Greatest Songs of All Time Robbyn Hart as seen on her KBCO bio page. To illustrate iHearts new approach, Borrell says he was earlier streaming a Philadelphia rock station on an Amazon device while working in Virginia. The layoffs across the country at iHeartMedia are still ongoing. (Many declined to comment, citing the same reason.) The cuts come as the company continues to implement operational changes that began in the wake of the widescale cuts of January 2020. Des Moines Normal Gossip lands at Radiotopia and Spotify ditches the heart button. iHeartMedia controls more than 800 radio stations and paid Pittman more than $14 million in 2017, according to published reports. Well it finally happened. 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. [iHeartMedia is] very much convinced that the local aspect of radio is no longer important., Related I got a lil iHeart scoop for you guys to start the weekend, plus some positive findings from the latest Infinite Dial report. 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%. 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 Initiates Another Round of Staff Layoffs RADIO ONLINE | Thursday, June 9, 2022 iHeartMedia has begun another round of layoffs after the company's revenue projections for the rest of 2022 are reportedly trending downward. They do not have any managers of color and if they do, I would be curious to know how fair they are being treated. iHeartMedia was able to wipe away much of its local presence thanks to a recent decision made by the Federal Communications Commission. 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.
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