Apr 2021 - Present 2 years. (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." 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. 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. Copyright 2023 Penske Business Media, LLC. 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. Having problems? Thu. You must have JavaScript enabled to fill out this form. Robbyn Hart departs as News and Public Affairs Director and morning newscaster for AAA 97.3 KBCO and Classic Rock 103.5 The Fox KRFX after 26 years at the cluster. I suspect they will both win, one way or another, he says. 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. America's largest radio station owner iHeartMedia filed for Chapter 11 bankruptcy protection in the wee hours of Wednesday night/Thursday morning. Bee previously has hosted mornings and nights at WOWI and has mixed at WXYV Baltimore, WBTJ Richmond and SiriusXM. 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. 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. 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. An iHeartRadio station. As well as receiving a bonus. Lack of support for new hires. Join us, Charlamagne Tha God, Jess Hilarious, and countless other podcasters, celebrities, brands, and tastemakers in Atlanta this spring for unprecedented live podcasts, panel discussions, games, a Black-owned business marketplace, and more! 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. Being a journalist can be stressful. No matter who does it next, iHeart was the bad-guy first, the former employee says. IHeartMedia also named nine senior executives on Wednesday who will serve as division presidents under the new organizational system. That said, we recognize that the loss of any job is significant; we take that responsibility seriously and have been thoughtful in the process, the spokesperson said. 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. Jun 17, 2022 The conglomerate is in the throes of more layoffs , which this week included Kennedy, whose broadcasting roots run deep in Rochester. (AP Photo/Jeff Chiu, File) By The Associated . iHeart's role in all of this, yes iHeart! Chicago: Jordan 'JRDN' Foster exits as night host at CHR WKSC (103.5 Kiss FM). Excellent verbal skills 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. Boston, MA Weather. In addition, subscriptions rates were increased. From the money earned through that tool, Spreaker takes a 40 percent cut. 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. Gayle Troberman, Executive Vice President and Chief Marketing Officer for iHeartMedia. January 17, 2020. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. 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. to get free tickets to concerts and music events. 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" YOUNGSTOWN, Ohio - Following mass layoffs by iHeart Media Inc. last week that included the termination of longtime WNCD 93.3-FM host Fred "Fast Freddie" Woak, U.S. Sen. Sherrod Brown is seeking answers from the national radio chain's CEO. The latest round of layoffs at iHeartMedia has affected two morning shows in the Twin Cities. 49% of iHeartMedia employees would recommend working there to a friend based on Glassdoor reviews. iHeart Media have announced cuts in hope of saving $250m. 2020 Annual Report PDF Format Download PDF 1.39 MB. 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???? Available to work on a flexible schedule Youve gotten to the point where theres no such thing as a disc jockey. The. The 2021 iHeartRadio Music Awards are returning on May 27th, and the nominees for this year's show have officially been revealed. Breaking news when it happens. Home of Traffic and Weather Together on the 3s. But the actual playlists will be handled on a corporate level., This centralized, digital-focused approach is in contrast with iHearts broadcast competitors, including Townsquare Media, whose 320-plus stations emphasize regional personalities and shows about, for example, the best local pizza in Rockford, Illinois. Download Our Free iHeartRadio App! Dozens of popular radio personalities across the U.S. were laid off as station owner iHeartMedia announced a major reorganization this week. Active social media presence. 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. 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. Glassdoor has 2,430 iHeartMedia reviews submitted anonymously by iHeartMedia employees. Moore joined the company in 2012 as Program Director for their Portsmouth stations and rose to his now former role in 2015. Powered by Vipology, on JVs Family, Colleagues Facing Hard Reality, on Bardin Joins WMG As Pres. Make a one-time donation today for as little as $1. Also out is Total Traffic And Weather/Chicago traffic reporter Bart Shore. You will live in constant fear of losing your job and be abused by the sales staff and sales management, no joke, ABUSE. 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. No bonus or stock options. They are not authored by Glassdoor. 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. By Beat the Press Staff. Foster was also corporate News/Talk Brand Coordinator. and help keep the future of Westword, Use of this website constitutes acceptance of our. A top ad executive is out as podcast revenue tapers off. So He Built His Own, A Breath of Fresh Air: How Giveon Became R&Bs King of Warmth, It Started as a College Project. 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. Responsible for pulling cuts, posting on social media, making scripts and voicers . Wednesday, June 29, 2022. Components of separations by industry 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. In the process, the company became a ripe target for a takeover bid. 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. At iHeartMedia, Inc., we promise to treat your data with respect and will not share your information with any third party. 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. Total earnings in 2022 increased 7% to $316 million, compared to $294 million in the prior-year period. 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. Massive Layoffs At iHeart Media. Burd previously served as APD/midday host of Country 92.5 The Bull KBEB Sacramento, morning co-host at CHR 104.7 KDUK Eugene OR and midday host at CHR 107.5 Kiss-FM KIFS Medford OR. Now layoffs were inevitable because of lost profits. 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. On April 24, 2020, North Jefferson News in Gardendale, Alabama, announced it was merging with sister paper The. By continuing to use this website you are giving consent to cookies being used. Another round of employee cuts at iHeartMedia last week appears to include reductions in engineering departments at its broadcast operations. Become a member to support the independent voice of Denver Amazon Pauses Construction on Second Headquarters in Virginia, Emilia, Big One & Callejero Fino Earn First No. Tampa Editors picks This company will NEVER give you a raise or cost of living increase. 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. Update 12/1: After a slowdown over the Thanksgiving holiday, the iHeartMedia layoffs have picked back up as the Atlanta cluster saw cuts today. 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.. Audiobooks (thats right, ya girl is not gonna miss an opportunity to talk audiobooks). 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. 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. Are Older Listeners the Key to Unlocking Streamings Growth Potential? 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. 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. charlieonnafriday's visit at 96.5 TDY's Artist Lounge. 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). Newstalk 610 CKTB is an iHeartRadio station. 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. 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. iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2021. This is the largest radio group, Del Colliano notes. September 02, 2021. 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. I just dont think you can have a market of this size without any local talent other than a morning show., The label source is just as gloomy about what iHearts cuts say about consolidation in the radio business, noting fewer acts will get airplay as a result. 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 The 100 Best Albums of 2022. ALLACCESS.COM Radio still touches so many lives: Its free, and its particularly important to low-income communities, communities of color, who are less likely to be on the internet, so their opportunities to access news and information are much more limited. Newstalk 610 CKTB (CKTB-FM) is Niagara's NewsTalk Leader. Some called for a boycott of the company. The morning show on Radio 95.1, however, has been . The culling has begun, wrote one member of a Facebook group for people in radio. So far we have heard of dismissals from programming, on-air, and digital departments across the country. Robbyn Hart as seen on her KBCO bio page. 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. Lo 30 Hi 44. Today's $200 million plan comes after the company announced $50 million in savings early . 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 . 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, . Featured Artists. 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. Great work life balance, caring bosses, learning a lot, wonderful work family, work from home. Proven work experience as a news anchor Find out more about salaries and benefits at iHeartMedia. iHeartMedia has begun another round of layoffs after the company's revenue projections for the rest of 2022 are reportedly trending downward. I got a lil iHeart scoop for you guys to start the weekend, plus some positive findings from the latest Infinite Dial report. Program directors at almost every company barely choose the music anymore, he says. While layoffs have been dominating news cycles lately, Workday is moving in the opposite direction. Ive seen the writing on the wall for a long time, Ledyard says. This further decreased ad revenue, which meant even more layoffs and/or more consolidation. Mar 3, 2021 Its modernization initiative has resulted in layoffs in programming, sales and engineering, according to those familiar with the developments. local news and culture, Michael Roberts nick@hotpodmedia.comSignal: +1 312-509-5898. iheart layoffs 2021southwest cargo phone number. Another area that saw significant growth? Also, there is not a union to support employees for equal and adequate pay. The 200 Greatest Singers of All Time Quotes displayed in real-time or delayed by at least 15 minutes. 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 . Sure, you can market digitally, you can market online, you can run an ad and it shows up on Facebook. iHeartMedia laid off a number of employees this week. 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. The layoffs seemed to particularly anger listeners of the Des Moines, Iowa sports station KXNO. Des Moines 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. 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. They most recently attended, or will attend, Cannes Lions International Festival of Creativity 2021 on Jun 21, 2021. 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. 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. You will be away from home quite often. He previously served as SVP/Programming for the Denver market and programmed KNRS Salt Lake City and WGY Albany prior to coming to Denver in 2010. Before joining KBCO in 1997, Hart worked at multiple stations in Colorado Springs and Portland OR. The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country. Average Song Length Nose Dives . The Seattle-based company is delaying the beginning of construction of PenPlace, the second phase of its headquarters development in Northern Virginia . Neither van Mosel nor iHeart responded to request for comment. iHeartRadio music radio, part of the iHeartMedia company, at the company's local headquarters in the South of Market (SoMa) neighborhood of San Francisco on Oct. 13, 2017. Each site continues to compile ongoing lists. 6:28AM. IHeartMedias stock price was up close to 3 percent Wednesday afternoon. Speaking of iHeart finding new ways to make money, its podcast publishing tool Spreaker is going for the Anchor play. The salary is extremely low. Since the layoffs, they've been inundated with messages . 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. 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. 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. Cannes Lions International Festival . iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. All Rights Reserved. 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. Cool industry with concerts, radio, events, etc. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! >The layoffs began having a missive that is strangely-worded iHeartMedia concerning the companys future plans, saying the the techniques would create Centers of Excellence that will utilize synthetic cleverness as well as other technology to onenightfriend Jak odstranit et provide a significantly better . Earle Augustus exits as morning co-host on Adult R&B V101 KJMS and afternoon host on R&B Oldies 1070 WDIA. Can I Be Laid Off While On Workers Compensation? You may get shitstorms on social media. https://www.syracuse.com/entertainment/2022/06/syracuse-rochester-radio-dj-mayor-pete-kennedy-out-after-iheartmedia-layoffs.html. He was also the station's Sr. Vice President of Programming. iHeart owns more than a dozen stations in the Cleveland-Akron-Canton market. Toni Foxx exits The Big Show in mornings at Country WQIK (99.1 WQIK). You will see many bad things while being a journalist. 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. 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 . ' Billboard could not confirm the exact number of layoffs and iHeartMedia would comment on that. image=9270478]. Sorry. So it doesnt matter who does it next they wont be as bad as iHeart, because it wont be unprecedented., The former on-air host acknowledges that local radio was already greatly reduced from its heyday. If you have a desire to work in the Broadcast arena, they offer the opportunity to work in your field. FILE - A sign at Twitter headquarters is shown in San Francisco, Dec. 8, 2022. Have a great weekend! We heard a lot of different rumors, including talk about automating certain markets depending on the revenue [they generated].. Thats good to hear! The festival will also be broadcast live on iHeartMedia radio stations throughout the country across more than 150 markets. Spreaker, which was previously only available to paid customers through plans ranging from $8 to $250 per month, now offers a free basic tier.
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