At iHeartMedia, Inc., we promise to treat your data with respect and will not share your information with any third party. Thats the saddest part., A daily briefing on what matters in the music industry. 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. Mar 3, 2021 Its modernization initiative has resulted in layoffs in programming, sales and engineering, according to those familiar with the developments. Executives blame AI. As the CEO of the company, Bob will voluntarily take no salary for the remainder of the year and has given up his annual incentive . Toni Foxx departs The Big Show in mornings at Country 99.1 WQIK after nineteen years. (See table 7.) Now, we dont do that either.. Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. The layoffs seemed to particularly anger listeners of the Des Moines, Iowa sports station KXNO. Bart Shore departs as a traffic reporter for Total Traffic & Weather Network and weekend host at AC 93.9 Lite-FM WLIT. 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.. 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. 2023 Billboard Media, LLC. The Seattle-based company is delaying the beginning of construction of PenPlace, the . I got a lil iHeart scoop for you guys to start the weekend, plus some positive findings from the latest Infinite Dial report. They most recently attended, or will attend, Cannes Lions International Festival of Creativity 2021 on Jun 21, 2021. IHeart emerged from Chapter 11 in early 2019, shaving $10 billion off its debt. Every Tuesday receive analysis, insights, and commentary on the growing podcast industry. That day of reckoning arrived this week. Tim Moore exits the SVP/Programming post for Manchester and Portsmouth NH clusters. [email protected]: +1 312-509-5898. iHeartRadio owner lays off dozens including popular hosts iHeartMedia announced 9 presidents for new market divisions By James Leggate FOXBusiness Video Dozens of popular radio personalities. Massive Layoffs At iHeart Media. ALLACCESS.COM Management is alright. 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.. AJR's Visit at 96.5 TDY's Artist Lounge. Late yesterday RAMP learned that Josh Wolff has exited as iHeartMedia SVP of Programming for Allentown & Lancaster, PA, Yesterday we reported that Audacy Classic Hits KOOL-FM/Phoenix had rebranded as BIG 94.5. 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. The latest round of layoffs at iHeartMedia has affected two morning shows in the Twin Cities. Boston's source for local news. 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. 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 . Townsquare's Major Expansion . Bart Shore exits as a traffic reporter for Total Traffic & Weather Network and weekend host at AC WLIT (93.9 Lite FM). Ability to improvise in a live on-camera setting Great work life balance, caring bosses, learning a lot, wonderful work family, work from home. Boston: Mychal Maguire exits the PD post at Hip Hop WBTP (95.7 The Beat). We want to hear it. Powered and implemented byFactSet Digital Solutions. January 17, 2020. 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 L.A.'s Triton Digital from Scripps for $230 million. . 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. 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. But the bottom line is when you wrote that song, your dream was to hear it on a full-fledged radio station. When they do something, guess what? 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%. Today's $200 million plan comes after the company announced $50 million in savings early . 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! Dont expect a raise either. Lots of opportunities and growth, of course, all depending on which team. 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. Chris Williams exits as co-host at Sports 1460 KXNO and 106.3 KXNO-FM. Ill see you Tuesday. 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. iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. 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. 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. Keeler also hosted the 12pm Throwback Lunch on Alternative Channel 93.3 KTCL. Pros & Cons are excerpts from user reviews. 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. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. 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. Its main competitors . 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.. Some employees began to suspect that cuts were coming last week. The nation's largest owner of radio stations began notifying affected. 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. Many people will just not like you. iHeartMedia controls more than 800 radio stations and paid Pittman more than $14 million in 2017, according to published reports. 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. Head of iHeart Audience Network is out as podcast revenues slow. Download Our Free iHeartRadio App! Head of iHeart Audience Network is out as podcast revenues slow. 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 announced to investors today a plan to cut up to $250 million from its expenses for 2020. 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. Mutual Fund and ETF data provided byRefinitiv Lipper. 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. This rating has improved by 3% over the last 12 months. Save my name, email, and website in this browser for the next time I comment. Mason Lafayette the afternoon host of Mobile, Alabama's MIX 99.9 (WMXC) is one of the iHeart cuts. 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. 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. Sources tells us the RIF will be hitting programming, on-air, , https://www.rollingstone.com/pro/features/iheartmedia-mass-layoffs-937513/, Jan 15, 2020 iHeartMedia laid off a number of employees this week. Previously, to get a broadcast license in Sheboygan, Wisconsin, there would have to be a manned studio in town. Price previously hosted mornings on sister AC Mix 98.9 WMXY with his tenure at the company beginning in 2001. Foster was also corporate News/Talk Brand Coordinator. Send us a tip using our anonymous form. As the company stated in Thursday's annual earnings. Jordan JRDN Foster is out as night host at CHR 103.5 Kiss-FM WKSC. 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. 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,. Average Song Length Nose Dives . The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country. All rights reserved. Cumulus Just Screwed Itself . Mychal Maguire departs as Program Director at Hip Hop 95.7 The Beat WBTP after seven years. Gen Z are true digital natives and the most tech-savvy generation. You will see many bad things while being a journalist. radioinsight.com The layoffs across the country at iHeartMedia are still ongoing. Read employee reviews and ratings on Glassdoor to decide if iHeartMedia is right for you. It has been 10 years since my last raise, I've asked and been told no. 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. 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''. 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. The morning show on Radio 95.1, however, has been . But just like the recent Cumulus Media bankruptcy, the fact that this is a Chapter 11 means little will change in the radio landscape. 2021 Annual Report PDF Format Download PDF 1.25 MB. Jess Aleshire exits as Regional Production Director for Minot, Bismarck & Dickinson ND and midday host on Rock 105.3 The Fox KZPR Minot. 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. According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. The 500 Greatest Songs of All Time 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. Active social media presence. 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. 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. 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. My coworkers, who are equally as miserable but stuck, are very nice. It has reportedly caught the eye of antitrust officials with its not-yet-official plans to buy the radio giant. iHeartMedia instituted a round of cuts today focusing on engineering departments at its broadcast operations. He was also the station's Sr. Vice President of Programming. Our website provides local and national news, radio show podcasts, contests, local weather, events and concerts. 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. iHeartMedias companywide email proclaimed that our company is built on the strength of broadcast radio the markets in which we operate and the connection of our stations to the communities they serve. But that connection may be nonexistent after Tuesday, according to several former iHeartMedia employees. Make a one-time donation today for as little as $1. 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. 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). Another area that saw significant growth? While only a handful of names are listed, there are many others that for multiple reasons have not yet made their departures public. That is good news for Spotify, which has bet big (if not podcasting-big) that audiobooks are the next big-revenue vertical. 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. 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. Shore's departure coincided with a wave of layoffs this week at iHeartMedia radio stations nationwide. In March, Pittman surrendered his remaining 2020 salary and senior management took pay cuts between 30-70 percent. 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 cuts come as the company continues to implement operational changes that began in the wake of the widescale cuts of January 2020.