iHeartMedia Layoffs: Why Is The Audio Company Cutting Jobs? . iHeartMedia is in the midst of another road of layoffs. Audacy Check In: Rita Ora on the making of 'You Only Love Me' and the return of 'happy music'. iHeart Media buys L.A.'s Triton Digital from Scripps for $230 million. iheartmedia layoffs 2021 - WOW.com - Content Results 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. Roger Rocket Keeler exits as Imaging Director after 28 years with the cluster. In other words, expect to struggle financially, unless you can manage to build income outside of the company. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! 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. Robbyn Hart as seen on her KBCO bio page. iHeartMedia Layoffs Continue Across Multiple Radio Markets Cost of living goes up, your pay NEVER will. Update: Dozens Lose Jobs at Upper Midwest iHeart Stations WBZ NewsRadio 1030 - Boston's News Radio YouTube revealed its big podcast plan, Spotify talked audiobooks, and Decoder had its first live show. Massive Layoffs At iHeart Media - News 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 The culling has begun, wrote one member of a Facebook group for people in radio. You can unsubscribe to any of the . Chicago: Jordan 'JRDN' Foster exits as night host at CHR WKSC (103.5 Kiss FM). Featured Artists. 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.) 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 Culling Has Begun': Inside the iHeartMedia Layoffs - Rolling Stone Daryl Ledyard worked for more than a decade at WBBS, a country outlet, which he says was Number One in the Syracuse, New York, area year after year for two decades. iheart layoffs 2021 Theyre getting a lot of mileage out of their existing content. iheart layoffs 2021. 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. Twitter Outage Wednesday Follows Recent Layoffs As well as receiving a bonus. iHeartMedia Announces 2021 Lineup For Its Legendary 'iHeartRadio Music Head of iHeart Audience Network is out as podcast revenues slow. Before joining KBCO in 1997, Hart worked at multiple stations in Colorado Springs and Portland OR. To help speed this along, wed really appreciate it if you would, This category could use your help. Another Round Of iHeartMedia Job Cuts Is Underway - All Access Reaching Gen Z With Radio | iHeart AdBuilder "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. Quotes displayed in real-time or delayed by at least 15 minutes. Listen to live radio! Vail's International Student Workers Feel Left Out in the Cold Over High Housing Costs, Help Prevent Car Theft: Let the Denver Police Department Track Your Stolen Vehicle's Location, "Western Water Girl" Uses TikTok to Make a Splash on Colorado Water Issues. 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. Wed. to get free tickets to concerts and music events. Legal Statement. 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! The festival will also be broadcast live on iHeartMedia radio stations throughout the country across more than 150 markets. To illustrate iHearts new approach, Borrell says he was earlier streaming a Philadelphia rock station on an Amazon device while working in Virginia. Another area that saw significant growth? 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. Courtesy of iheartmedia The largest radio conglomerate in the country, iHeartMedia, initiated a round of mass layoffs this week,. Syracuse, Rochester radio DJ 'Mayor' Pete Kennedy out after iHeartMedia Radio 95.1 - Rochester's Radio 95.1, Real Talk Market data provided byFactset. Job openings and quits reach record highs in 2021, layoffs and Broad knowledge of local, national and international affairs (e.g. (See table 7.) Understanding of the newscast process 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.. Gen Z are true digital natives and the most tech-savvy generation. Which is a shame because there is a huge need for something more local., came into my office and closed the door and said, Hey, and gave me the talk of, This is your last day. The majority of the cuts were inflicted on smaller markets size-30 and under, according to Del Colliano. 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. YouTube More information is surfacing about iHeartRadio layoffs in. 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. 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. Our website provides local and national news, radio show podcasts, contests, local weather, events and concerts. The company reports third-quarter . IHeartMedia also named nine senior executives on Wednesday who will serve as division presidents under the new organizational system. You will be overworked and take on so many extra responsibilities with no pay and management is awful. Billboard and iHeart Media hit with major layoffs and furloughs Brian Price exits as afternoon host at Classic Rock 93.3 The Wolf WNCD and Creative Production Designer for the National Programming Group. September 02, 2021. Executives blame AI. iHeartMedia - Updates, News, Events, Signals & Triggers - Crunchbase Des Moines Most artists want to hear their song on the radio. Newstalk 610 CKTB (CKTB-FM) is Niagara's NewsTalk Leader. While only a handful of names are listed, there are many others that for multiple reasons have not yet made their departures public. (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." In the process, the company became a ripe target for a takeover bid. We are told the cuts are going to be made over a multiple day period, much like the companys last round of layoffs in the fall of 2020. 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. iHeartMedia restructuring leads to layoffs at radio stations in for the most part as long as you're looking at the core of the company. our management team has found ways to reduce our company's expenses without resorting to permanent layoffs. The changes we made are designed to do that; we are using our resources and technology to better serve our listeners, including providing even more content and programming to our local communities.), iHeartMedias 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 podcasts; and an increase in centralized, syndicated programming rather than live, local DJs. Theres plenty else to dig into here. Cannes Lions International Festival . More Layoffs Happening At iHeartMedia - DMS 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. The salary is extremely low. iHeart owns more than a dozen stations in the Cleveland-Akron-Canton market. 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. 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. iHeart cuts engineers | RadioDiscussions More Names From iHeartMedia's Cuts Continue To Come Forward This further decreased ad revenue, which meant even more layoffs and/or more consolidation. iHeartMedia Initiates Another Round of Staff Layoffs, More Layoffs Happening At iHeartMedia DMS, The Culling Has Begun: Inside the iHeartMedia Layoffs. Neither van Mosel nor iHeart responded to request for comment. That day of reckoning arrived this week. It is unclear whether the decision to leave that spot was her own. 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???? Find out more about salaries and benefits at iHeartMedia. iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. As of 2019, iHeartRadio was functioning as the national umbrella brand for iHeartMedia's radio network, the largest radio broadcaster in the United States with 128 million registered users as of 2019. 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. 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 . Layoffs at iHeartMedia drive out ace traffic reporter Bart Shore iHeartMedia to Buy Triton Digital From E.W. Scripps for $230 - Variety iHeartMedia Careers | iHeartMedia The cuts come as the company continues to implement operational changes that began in the wake of the widescale cuts of January 2020. Radio Waves: Capitol Code, Clay's Corner, The Buzzer, iHeart Layoffs Some employees began to suspect that cuts were coming last week. 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. Its not cause they dont want to theyre told not to. CEO Bob Pittman said in a press release Tuesday that iHeartMedias move will allow the company to modernize its operations and infrastructure. iHeartMedia instituted a round of cuts today focusing on engineering departments at its broadcast operations. What was not mentioned at the, Late Wednesday night, as the search for missing KYLD (WiLD 94.9)/San Francisco morning personality Jeffrey JV Vandergrift reached its, Nice to hear from major market pro Riley Couture, who reached out to let us know that she relaunched, Red Apple News-Talk 77 WABC/New York has hired Noam Laden in the multi-faceted role of News Director, host of. 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. It was founded in August 2008. 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. Powered by Vipology, on JVs Family, Colleagues Facing Hard Reality, on Bardin Joins WMG As Pres. 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." iHeart Media buys Triton Digital from Scripps for $230 million - L.A According to reviews on Glassdoor, employees commonly mention the pros of working at iHeartMedia to be workplace, coworkers and the cons to be senior leadership, benefits, career development. They never should have been able to leverage up to $20 Billion but hey, who's counting. Glassdoor has 2,430 iHeartMedia reviews submitted anonymously by iHeartMedia employees. Read employee reviews and ratings on Glassdoor to decide if iHeartMedia is right for you. Since the layoffs, they've been inundated with messages . With more than 860 live broadcast stations in 153 markets across America, there's an iHeartRadio station where you live. 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. 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. 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. iHeart Media have announced cuts in hope of saving $250m. In March, Pittman surrendered his remaining 2020 salary and senior management took pay cuts between 30-70 percent. Some company like Iheart can come along and buy up companies using a ton of debt. Apr 2021 - Present 2 years. charlieonnafriday's visit at 96.5 TDY's Artist Lounge. The layoffs seemed to particularly anger listeners of the Des Moines, Iowa sports station KXNO. No matter who does it next, iHeart was the bad-guy first, the former employee says. Well it finally happened.