Normal Gossip lands at Radiotopia and Spotify ditches the heart button. Get the latest updates in news, food, music and culture, and receive special offers direct to your inbox. 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. Program directors at almost every company barely choose the music anymore, he says. 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. 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. The stock price for iHeart, which has been the subject of recent takeover speculation from cable giant and SiriusXM satellite-radio parent Liberty Media Corp., has jumped from roughly $17 to $18 since the layoffs went public earlier this week. Workload can be heavy during close, but that's typical for an Accounting position. 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). 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, , seemed plucked partly from a corporate-culture parody like. Are Older Listeners the Key to Unlocking Streamings Growth Potential? Entercom, iHeartMedia announce layoffs and furloughs You will be away from home quite often. From the money earned through that tool, Spreaker takes a 40 percent cut. 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,. iHeartMedia was able to wipe away much of its local presence thanks to a recent decision made by the Federal Communications Commission. Gordan Dillard Named CMG EVP/A&R & Artist Dev Cumulus Promotes Three at Syracuse Cluster, Gordan Dillard Named CMG EVP/A&R & Artist Development, iHeartMedia Detroit Names Colleen Grant Metro President, Editors Circle: Deanes List September 16, 2022. 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. Youll gain a lot of experience and knowledge that youll be able to take to your next job. iHeartRadio - Wikipedia Boston, MA Weather. When they do something, guess what? January 17, 2020. 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. He previously spent 15 years as PD of Sports 104.3 The Fan and predecessor 950 KKFN from 1995 to 2005 and Operations Manager at Front Range Sports Network from 2010 to 2014. 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. (In radio terms, markets are ranked by population; the size-30 market at the moment is Las Vegas, where the population is more than 600,000.) Average Song Length Nose Dives . 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. https://www.syracuse.com/entertainment/2022/06/syracuse-rochester-radio-dj-mayor-pete-kennedy-out-after-iheartmedia-layoffs.html. Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. Mutual Fund and ETF data provided byRefinitiv Lipper. 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. iHeartRadio Denver Layoffs Update and Details From Internal Memo - Westword Now layoffs were inevitable because of lost profits. More Names From iHeartMedia's Cuts Continue To Come Forward Read the full article now Forward to a friend. 2021 Annual Report PDF Format Download PDF 1.25 MB. Nov 2016 - Aug 2021 4 years 10 months. That day of reckoning arrived this week. 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. Townsquare's Major Expansion . January 15, 2020 16 iHeartRadio Denver (photo: Jeffrey Beall CC by 4.0) Yesterday, we first reported on iHeartMedia's mass layoff of employees nationwide. 3, 2023 at 9:04 AM PST | Updated: 17 minutes ago. (Many declined to comment, citing the same reason.) ' Billboard could not confirm the exact number of layoffs and iHeartMedia would comment on that. image=9270478]. Dave Hilton exits as Production Director after 23 years. DJ Bee departs as midday host at Classic Hip Hop 92.1 The Beat WHBT-FM and afternoon host and mixer at Hip Hop 103 Jamz WOWI after 25 years. The 2021 iHeartRadio Music Awards are returning on May 27th, and the nominees for this year's show have officially been revealed. At iHeartMedia, Inc., we promise to treat your data with respect and will not share your information with any third party. Lack of support for new hires. Lance Houston exits the PD post at Country WBLW (101.7 The Bull). A top ad executive is out as podcast revenue tapers off. Job openings and quits reach record highs in 2021, layoffs and 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. 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. - 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. DOWNSIZING - RAMP - Radio and Music Pros Gen Z are true digital natives and the most tech-savvy generation. As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. iHeart layoffs hit longtime Philadelphia radio executive, on-air iHeartMedia Layoffs: What They Mean for Listeners & the Industry To take all the local DJs off the radio in the Number One station, that says a lot, Ledyard notes. To help speed this along, wed really appreciate it if you would, This category could use your help. June 22, 2022; a la carte wedding flowers chicago; used oven pride without gloves; iheart layoffs 2021 . 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. 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. One employee who lost a job Tuesday said the station cut just about all the on-air talent except for the morning show. After last years Infinite Dial report freaked people out by showing a three-point dip in monthly podcast listeners, the latest report found that the number of monthly listeners has reached an all-time high. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! Amazon Pauses Construction On 2nd Headquarters In Virginia Legal Statement. Wednesday, June 29, 2022. Jun 17, 2022 The conglomerate is in the throes of more layoffs , which this week included Kennedy, whose broadcasting roots run deep in Rochester. 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. KDWB/101.3 morning executive producer Steve-O LaTart and "Cities 97.1" (KTCZ) morning host Hunter Quinn both announced on social media Monday that they had been let go. 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. 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. In March, Pittman surrendered his remaining 2020 salary and senior management took pay cuts between 30-70 percent. iHeartMedia Staff Hit With Layoffs Across the Country: 'It's Been a KXNO/iHeart Layoffs | Page 18 | CycloneFanatic: The Internet's most In addition, subscriptions rates were increased. 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. 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. You will be overworked and take on so many extra responsibilities with no pay and management is awful. 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. Edison reported that 42 percent of people in the US 12 and older listen to podcasts on a monthly basis, up from 38 percent last year. Joey Morona, cleveland.com CLEVELAND, Ohio -- Cleveland radio has been impacted once again by layoffs at iHeartMedia. Lance also advises stations, talent and brands on digital content strategies, programming integrations, and brand extensions. Head of iHeart Audience Network is out as podcast revenues slow. While layoffs have been dominating news cycles lately, Workday is moving in the opposite direction. Responsible for pulling cuts, posting on social media, making scripts and voicers . The layoffs come as Rolling Stone reported Tuesday iHeartMedia's two contemporary-hit radio stations in the top two markets (New York and Los Angeles) refused to play songs from Korean boy band BTS and Lil Nas X despite their successful chart runs because the songs were - and I'm paraphrasing here - "not white enough", harking back to the Here are the newsroom layoffs, furloughs and closures that - Poynter 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. Listeners expressed their outrage on Twitter after learning that some of their favorite radio personalities had been let go. Since the layoffs, they've been inundated with messages . That is a truly respectable number, but perhaps their expectations were set high because of the 148 percent growth the segment experienced in 2021. Tim Moore is out as SVP/Programming for the companys Manchester and Portsmouth NH clusters. CEO Bob Pittman said in a press release Tuesday that iHeartMedias move will allow the company to modernize its operations and infrastructure. Editors picks Join my witness protection program -- report Newstips here. Im listening to my favorite station and they didnt need to put a DJ down here in Williamsburg, he says. In 2017, the FCC succeeded in getting rid of the main studio rule, meaning that stations were no longer required to maintain a studio or any staff near the location of their broadcast license. Horrible office culture and new management. Are Older Listeners the Key to Unlocking Streaming's Growth Amazon Pauses Construction on Second Headquarters in Virgini Emilia, Big One & Callejero Fino Earn First No. The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country. How Should RTD Deal With the Drug Problem on Trains? Austin joined KSD-FM in December 2018 after previously serving as VP/Programming for Clear Channel Jacksonville and programming WCOL Columbus OH and WQIK Jacksonville. GET FOX BUSINESS ON THE GO BY CLICKING HERE. Thu. "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. Could iHeart layoffs be the beginning of local radio's endgame? It has been 10 years since my last raise, I've asked and been told no. 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%. for the most part as long as you're looking at the core of the company. P!nk on fighting for what's right, being over your feuds, and why performing is therapy. Melody Emm - Producer / Board Operator - iHeartMedia | LinkedIn More people who have gone public with their departure have been added to the list below. Some called for a boycott of the company. iHeart Media announces cuts nationwide; Chicago stations lays off three Gail Austin is out as Program Director and midday host at Country 93.7 The Bull KSD-FM. 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. 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. June | 2022 | Inside Music Media In turn, it is drastically cutting smaller stations while feeding content from the bigger markets into iHeartRadio, which has 128 million users, and other digital apps. Boston: Lance Houston exits the PD post at Country WBLW (101.7 The Bull). I recommend newcomers to work at iHeart. political, economic, legislative and cultural) I heard theyre gonna go with their national music logs across the board. I think the majority of these stations will be centrally programmed, agrees the other former employee. Send us a tip using our anonymous form. 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. We have heard of many in production roles in particular that were let go including a few who held regional or national duties on the commercial production side and on the local digital content teams. Listen To The Most Popular Podcasts On iHeartRadio! iHeartMedia has announced its Q4 financials, reporting $1.13 billion in revenue. The culling has begun, wrote one member of a Facebook group for people in radio. iHeartMedia Layoffs: Why Is The Audio Company Cutting Jobs? More than 6,150 news workers were laid off amid the COVID-19 pandemic All Rights reserved. Ill see you Tuesday. New Hampshire 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???? Published: Mar. Lance Venta is Owner and Publisher of RadioInsight.com. 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. If you have a desire to work in the Broadcast arena, they offer the opportunity to work in your field. As iHeartMedia ( IHRT) shuffles in what it calls a "new organizational structure," the company has reportedly laid off dozens of employees across the country, including some prominent DJs. 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. Radio 95.1 - Rochester, NY - Home of Brother Wease, Rizzo & Jeff, Rover's Morning Glory at Night and The Bob and Tom Show I'm doing the job of about 7 people and getting paid exactly what I was in 2013. Bart Shore departs as a traffic reporter for Total Traffic & Weather Network and weekend host at AC 93.9 Lite-FM WLIT. Update: Dozens Lose Jobs at Upper Midwest iHeart Stations Iheartmedia Layoffs - GoLayoffs Also out is Total Traffic And Weather/Chicago traffic reporter Bart Shore. Some iHeart Furloughs Become Permanent Layoffs | Barrett Media Layoffs at iHeartMedia drive out ace traffic reporter Bart Shore Amazon pauses construction on 2nd headquarters in Virginia With more than 860 live broadcast stations in 153 markets across America, there's an iHeartRadio station where you live. IHeartMedias stock price was up close to 3 percent Wednesday afternoon. Insider March 3, 2023 A surprising departure at iHeart Dont expect a raise either. The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country "The largest radio conglomerate in the country, iHeartMedia, initiated a round of mass layoffs this week, cutting enough people that one former on-air host described Tuesday as "one of the worst days in on-air radio history." 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. Pros & Cons are excerpts from user reviews. 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). 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.