2023 FOX News Network, LLC. iheartmedia layoffs 2021 - WOW.com - Content Results 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. 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. iHeartMedia laid off hundreds of radio DJs. 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. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. Roger Rocket Keeler exits as Imaging Director after 28 years with the cluster. Spreaker is currently the third-most-used podcast host, according to Livewire Labs, but far behind leaders Buzzsprout and Anchor. CEO Bob Pittman said in a press release Tuesday that iHeartMedias move will allow the company to modernize its operations and infrastructure. Executives blame AI. Well it finally happened. iheart layoffs 2021 radioinsight.com According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. The layoffs seemed to particularly anger listeners of the Des Moines, Iowa sports station KXNO. 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%. Some employees began to suspect that cuts were coming last week. 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. Layoffs have become a regular thing at iHeart, and not just in Denver. Bart Shore departs as a traffic reporter for Total Traffic & Weather Network and weekend host at AC 93.9 Lite-FM WLIT. Mychal Maguire departs as Program Director at Hip Hop 95.7 The Beat WBTP after seven years. iHeartRadio owner lays off dozens including popular hosts 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. local news and culture, Michael Roberts 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''. You will live in constant fear of losing your job and be abused by the sales staff and sales management, no joke, ABUSE. (Many declined to comment, citing the same reason.) 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. KXNO/iHeart Layoffs | Page 17 - CycloneFanatic.com You must have JavaScript enabled to fill out this form. Lance Houston exits the PD post at Country WBLW (101.7 The Bull). 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. Radio Waves: Capitol Code, Clay's Corner, The Buzzer, iHeart Layoffs across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! 2021 iHeartRadio Music Festival Lineup Revealed: Billie Eilish & More 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. NewsTalk 610 CKTB | News - iHeartRadio They do not have any managers of color and if they do, I would be curious to know how fair they are being treated. The 2021 iHeartRadio Music Awards are returning on May 27th, and the nominees for this year's show have officially been revealed. New Hampshire Tuesday's layoffs sent a ripple through the company, as employees' phones started lighting up with texts in the middle of breakfast. 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. iHeartMedia Layoffs: Why Is The Audio Company Cutting Jobs? Some called for a boycott of the company. June | 2022 | Inside Music Media 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. Robbyn Hart as seen on her KBCO bio page. All rights reserved. Late last Friday, word began rapidly circulating about numerous high profile personnel cuts within Beasleys on-air and programming ranks. Horrible office culture and new management. Could iHeart layoffs be the beginning of local radio's endgame? Pros & Cons are excerpts from user reviews. Nov 2016 - Aug 2021 4 years 10 months. This website uses cookies. IHeartMedias stock price was up close to 3 percent Wednesday afternoon. 49% of iHeartMedia employees would recommend working there to a friend based on Glassdoor reviews. He has also worked in Shreveport, Charleston and Killeen TX. 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. As far as the music stations go, theres not a single local talent [left]. Speaking of iHeart finding new ways to make money, its podcast publishing tool Spreaker is going for the Anchor play. Denver's independent source of Mar 3, 2021 Its modernization initiative has resulted in layoffs in programming, sales and engineering, according to those familiar with the developments. The company reports third-quarter . 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. WBZ NewsRadio 1030 - Boston's News Radio 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.) My coworkers, who are equally as miserable but stuck, are very nice. Ive seen the writing on the wall for a long time, Ledyard says. Legal Statement. 1. iHeartMedia restructuring leads to layoffs at radio stations in iHeartMedia laid off hundreds of radio DJs. Listen To The Most Popular Podcasts On iHeartRadio! Understanding of the newscast process Now, everything going out over those airwaves could be made in New York and beamed in from afar. Gen Z are true digital natives and the most tech-savvy generation. FAQ - New Privacy Policy. Lo 34 Hi . 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. iHeartMedia Aims to Save $200 Million Via Pay Cuts, Furloughs - Variety Sources tells us the RIF will be hitting programming, on-air, and digital departments, once an area of growth, across the country. (See table 8.) Head of iHeart Audience Network is out as podcast revenues slow. Mutual Fund and ETF data provided byRefinitiv Lipper. Excellent verbal skills 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. Available to work on a flexible schedule Thu. Bee previously has hosted mornings and nights at WOWI and has mixed at WXYV Baltimore, WBTJ Richmond and SiriusXM. Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. 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). 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. 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. iHeartRadio - Wikipedia 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, The Culling Has Begun: Inside the iHeartMedia Layoffs, Russ Doesnt Trust Other Labels. With more than 860 live broadcast stations in 153 markets across America, there's an iHeartRadio station where you live. Theyll still be able to suggest songs. 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. iHeartMedia instituted a round of cuts today focusing on engineering departments at its broadcast operations. 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. They most recently attended, or will attend, Cannes Lions International Festival of Creativity 2021 on Jun 21, 2021. Original Report 6/8: A round of position cuts is underway at iHeartMedia this week. 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. You will be away from home quite often. 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. Please enter your username or email address to reset your password. P!nk on fighting for what's right, being over your feuds, and why performing is therapy. Cost of living goes up, your pay NEVER will. The company didnt mention the layoffs associated with the reorganization, but Billboard reported Tuesday that one staffer described it as a bloodbath. RadioInsight compiled a list of dozens of iHeartMedia employees who lost their jobs in the corporate reshuffling, including on-air talent, producers and management at stations across the country. I would say if you're going to get an offer, please negotiate this hard. Boston, MA Weather. More than 6,150 news workers were laid off amid the COVID-19 pandemic 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. Sure, you can market digitally, you can market online, you can run an ad and it shows up on Facebook. Spence joined the cluster in 2016 after programming the companys Talk and Sports stations in Hartford and New Haven CT. Chicago: Jordan 'JRDN' Foster exits as night host at CHR WKSC (103.5 Kiss FM). 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. Wed. 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. iHeart Cuts Exec Salaries, Furloughs Employees 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. 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. Amazon Pauses Construction on Second Headquarters in Virginia, Emilia, Big One & Callejero Fino Earn First No. It just doesnt take a lot of money to do that the source says. This further decreased ad revenue, which meant even more layoffs and/or more consolidation. iHeartMedia controls more than 800 radio stations and paid Pittman more than $14 million in 2017, according to published reports. 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. Newstalk 610 CKTB (CKTB-FM) is Niagara's NewsTalk Leader. Newstalk 610 CKTB is an iHeartRadio station. [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. YouTube More information is surfacing about iHeartRadio layoffs in. 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. Diversity in Radio Is Vanishing. Audacy & iHeart Playing Dirty with Ad Rates . IHeartMedia emerged from bankruptcy last year after seeking protection to reduce its debt by more than $10 billion in 2018. 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.