The 100 Greatest TV Shows of All Time Today's $200 million plan comes after the company announced $50 million in savings early . The company reports third-quarter . 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.. iHeartMedia laid off a number of employees this week. 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. 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. iHeartMedia, which controls more than 800 radio stations and paid its CEO more than $14 million in 2017, declined to comment on the specific number of layoffs. Hilton joined the company in 1999 after seventeen years at 101.9 WCLR/WTMX where he hosted middays. Breaking news when it happens. 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 . As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. They do not have any managers of color and if they do, I would be curious to know how fair they are being treated. It was founded in August 2008. Effective communication and interpersonal skills Jess Aleshire exits as Regional Production Director for Minot, Bismarck & Dickinson ND and midday host on Rock 105.3 The Fox KZPR Minot. Max Cutler most recently oversaw content partnerships. In November, iHeartMedia reported it took in more than $1.6 billion in broadcast-radio revenue during the first nine months of 2019, . Dozens of popular radio personalities across the U.S. were laid off as station owner iHeartMedia announced a major reorganization this week. (See table 7.) . YouTube More information is surfacing about iHeartRadio layoffs in. https://www.syracuse.com/entertainment/2022/06/syracuse-rochester-radio-dj-mayor-pete-kennedy-out-after-iheartmedia-layoffs.html. The majority of the cuts were inflicted on smaller markets size-30 and under, according to Del Colliano. Since the layoffs, they've been inundated with messages . Moore joined the company in 2012 as Program Director for their Portsmouth stations and rose to his now former role in 2015. Bee previously has hosted mornings and nights at WOWI and has mixed at WXYV Baltimore, WBTJ Richmond and SiriusXM. Its a lot easier to get rid of people if you dont have to have any physical location where the public can come in and figure out whats happening at your station, says Jessica Gonzlez, co-CEO of Free Press, a media watchdog group. 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,. As of 2019, iHeartRadio . Mutual Fund and ETF data provided byRefinitiv Lipper. 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. 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. independent local journalism in Denver. His departure comes less than a month after podcasting head Dawn Ostroff announced she was leaving. Hart also tracked nights on KBCO and served as an anchor/reporter for KOA. So He Built His Own, A Breath of Fresh Air: How Giveon Became R&Bs King of Warmth, It Started as a College Project. Join my witness protection program -- report Newstips here. Many people will just not like you. 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." 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. to get free tickets to concerts and music events. Management is alright. Dont expect a raise either. 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. Lots of opportunities and growth, of course, all depending on which team. 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. Normal Gossip lands at Radiotopia and Spotify ditches the heart button. Lo 34 Hi . Total earnings in 2022 increased 7% to $316 million, compared to $294 million in the prior-year period. political, economic, legislative and cultural) San Antonio, Texas Area . 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.. 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. According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. Now, it appears that Sarah van Mosel is no longer the executive vice president of the iHeart Audience Network after less than a year in the post. Well it finally happened. Spence joined the cluster in 2016 after programming the companys Talk and Sports stations in Hartford and New Haven CT. Find out more about salaries and benefits at iHeartMedia. The Anniston Star had one layoff, one early retirement and one employee stepped down. Shore's departure coincided with a wave of layoffs this week at iHeartMedia radio stations nationwide. P!nk on fighting for what's right, being over your feuds, and why performing is therapy. iHeartMedia instituted a round of cuts today focusing on engineering departments at its broadcast operations. Billboard is a part of Penske Media Corporation. You may become a public figure. Chicago: Powered and implemented byFactSet Digital Solutions. Mychal Maguire departs as Program Director at Hip Hop 95.7 The Beat WBTP after seven years. 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. In the process, the company became a ripe target for a takeover bid. I got a lil iHeart scoop for you guys to start the weekend, plus some positive findings from the latest Infinite Dial report. iHeartMedia has announced its Q4 financials, reporting $1.13 billion in revenue. 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. It just doesnt take a lot of money to do that the source says. Maguire previously served as SVP/Programming for iHeart Montgomery AL, Director of Urban Programming in Maco and PD of WPHH Hartford for the company. IHeartMedias stock price was up close to 3 percent Wednesday afternoon. Every effort will be made to keep communication between us secret and confidential. Please enter your username or email address to reset your password. Home of Traffic and Weather Together on the 3s. As well as receiving a bonus. 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. 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. Every Tuesday receive analysis, insights, and commentary on the growing podcast industry. You can unsubscribe to any of the . Apr 2021 - Present 2 years. Ill see you Tuesday. iHeartMedia was able to wipe away much of its local presence thanks to a recent decision made by the Federal Communications Commission. iHeartMedia laid off hundreds of radio DJs. 2020. 2018. . Our website provides local and national news, radio show podcasts, contests, local weather, events and concerts. Head of iHeart Audience Network is out as podcast revenues slow. (See table 8.) 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. All Rights reserved. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. September 02, 2021. The Seattle-based company is delaying the beginning of construction of PenPlace, the . Journey Takes a Break From Feuding, Returns for Harmonious Concert at Oklahoma Casino, Recordings Great Escapes: Photos of Thailands Karma Sound Studios, El CD cumple 40: Cmo el disco compacto lleg a dominar el mercado. Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. How Should RTD Deal With the Drug Problem on Trains? iHeartRadio (often shortened to just "iHeart") is an American freemium broadcast, podcast and radio streaming platform owned by iHeartMedia. 3, 2023 at 9:04 AM PST | Updated: 17 minutes ago. 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. Comfortable yet professional presence on camera Market data provided byFactset. This site is protected by reCAPTCHA Enterprise and the Google. 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. FAQ - New Privacy Policy. Previously: Radio's Role in Taylor Swift's Success A Recession Would Trip Radio Layoffs Shakeup in Station Management Townsquare Distances Itself from Radio This further decreased ad revenue, which meant even more layoffs and/or more consolidation. Theres plenty else to dig into here. Why would they need to produce more?, Laid-off iHeartMedia DJs and programmers arent exactly sympathetic to that point of view. Excellent verbal skills Program directors at almost every company barely choose the music anymore, he says. My coworkers, who are equally as miserable but stuck, are very nice. While only a handful of names are listed, there are many others that for multiple reasons have not yet made their departures public. "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. Listen To The Most Popular Podcasts On iHeartRadio! Listeners expressed their outrage on Twitter after learning that some of their favorite radio personalities had been let go. 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. Reactions: im4cyclones , beentherebefore and Doc 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. Robbyn Hart as seen on her KBCO bio page. iheart layoffs 2021southwest cargo phone number. Send us a tip using our anonymous form. 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. As far as the music stations go, theres not a single local talent [left]. 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. 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 morning show on Radio 95.1, however, has been . . Were a little short on data, but you can help. Toni Foxx departs The Big Show in mornings at Country 99.1 WQIK after nineteen years. Chris Williams exits as co-host at Sports 1460 KXNO and 106.3 KXNO-FM. Cumulus Just Screwed Itself . This rating has improved by 3% over the last 12 months. iHeartMedia laid off a number of employees this week. 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. Copyright 2020 RAMP Media, Inc. All rights reserved. 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. Brian Price exits as afternoon host at Classic Rock 93.3 The Wolf WNCD and Creative Production Designer for the National Programming Group. Sean Ross, a longtime industry analyst who edits the Ross on Radio newsletter, says its unlikely that other large broadcast companies, including Entercom and Cumulus, will follow iHearts lead right away in restructuring this aggressively away from traditional radio and towards the digital business. Before joining KBCO in 1997, Hart worked at multiple stations in Colorado Springs and Portland OR. (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.) 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 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. (adsbygoogle = window.adsbygoogle || []).push({}); Radio news and headlines delivered right to your e-mail box -- and it's free. Audiobooks (thats right, ya girl is not gonna miss an opportunity to talk audiobooks). 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." Available to work on a flexible schedule 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. IHeartMedia emerged from bankruptcy last year after seeking protection to reduce its debt by more than $10 billion in 2018. 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. Gail Austin is out as Program Director and midday host at Country 93.7 The Bull KSD-FM. 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, . 49% of iHeartMedia employees would recommend working there to a friend based on Glassdoor reviews. 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. The layoffs were concentrated in small and medium markets, where staffs had already been reduced, striking another major blow to local radio. The 200 Greatest Singers of All Time Foster was also corporate News/Talk Brand Coordinator. Toni Foxx exits The Big Show in mornings at Country WQIK (99.1 WQIK). At least 6,154 news organization workers, which includes both editorial and non-editorial staffers, were laid off beginning March 2020 through August 2021. 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. Massive Layoffs At iHeart Media. Joey Morona, cleveland.com CLEVELAND, Ohio -- Cleveland radio has been impacted once again by layoffs at iHeartMedia. Lo 30 Hi 44. FILE - A sign at Twitter headquarters is shown in San Francisco, Dec. 8, 2022. 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. 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. 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.) Cool industry with concerts, radio, events, etc. 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. Save my name, email, and website in this browser for the next time I comment. Scripps exits the podcast sector, radio. 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, streaming and, (Updated at 2 p.m. Join the Westword community and help support 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. Amanda McGraw Burd exits as Program Director/afternoon host at Country 102.7 The Wolf KHGE Fresno and Program Director of Alternative 106.1 KRAB Bakersfield, Country 92.9 The Big Dog KOSO Modesto, and 107.1 The Bull K296GB Sacramento. 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. Listen to live radio! Cannes Lions International Festival . 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 . 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. No career growth No bonus No annual raises, you will not receive a raise in this position, EVER OT opportunities are taken away or limited Poor management Toxic work environment Upper management will throw you under the bus to make themselves look better You are treated like a number & they make it known There's no career growth bc they want this position to be high turnover so they do not have to give out raises no matter how long you've worked there or how successful you are in your position, I worked here for over 2 years.. Good luck taking a vacation, you'll be expected to schedule content weeks before your trip in order for your accounts to be covered.. essentially work OT without pay so that content is constantly posted.