That is good news for Spotify, which has bet big (if not podcasting-big) that audiobooks are the next big-revenue vertical. 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. No matter who does it next, iHeart was the bad-guy first, the former employee says. This rating has been stable over the past 12 months. 49% of employees would recommend working at iHeartMedia to a friend and 45% have a positive outlook for the business. Editors picks 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. Since the layoffs, they've been inundated with messages . 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. 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. (AP Photo/Jeff Chiu, File) By The Associated . Two of radio's biggest chains announce layoffs and furloughs as the economy continues to collapse amid the coronavirus epidemic infecting the globe with Entercom and iHeartMedia announcing a reduction of their workforce, suspension of 401k contributions and pay cuts. 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. Thats good to hear! The entire environment is toxic and negative, no one (besides sales since they rule all things) is happy and everyone is treated like absolute garbage. You may become a public figure. 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. This is the largest radio group, Del Colliano notes. 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. The 100 Best Albums of 2022. Sources tells us the RIF will be hitting programming, on-air, and digital departments, once an area of growth, across the country. Head of iHeart Audience Network is out as podcast revenues slow. 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. 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. The Anniston Star had one layoff, one early retirement and one employee stepped down. Apr 2021 - Present 2 years. 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. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! 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. 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. 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. That's nearly 44,000,000 Gen Zers every week! Tell Alexa To "Play WRKO On iHeartRadio!" Read Kuhner's Weekly Columns. Breaking news when it happens. 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. Mason Lafayette the afternoon host of Mobile, Alabama's MIX 99.9 (WMXC) is one of the iHeart cuts. Massive Layoffs At iHeart Media. iHeartRadio (often shortened to just "iHeart") is an American freemium broadcast, podcast and radio streaming platform owned by iHeartMedia. 2019 Annual Report PDF Format Download PDF 1.19 MB. Chris Williams exits as co-host at Sports 1460 KXNO and 106.3 KXNO-FM. According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. From the money earned through that tool, Spreaker takes a 40 percent cut. Download Our Free iHeartRadio App! Total earnings in 2022 increased 7% to $316 million, compared to $294 million in the prior-year period. Our website provides local and national news, radio show podcasts, contests, local weather, events and concerts. 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. We heard a lot of different rumors, including talk about automating certain markets depending on the revenue [they generated].. Average Song Length Nose Dives . Well it finally happened. iHeartMedia laid off a number of employees this week. 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. 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. With more than 860 live broadcast stations in 153 markets across America, there's an iHeartRadio station where you live. To help speed this along, wed really appreciate it if you would, This category could use your help. 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 . Every couple of years with iHeart or Clear Channel, there were cuts cutting DJs, adding more syndication., Its so clear that deregulation has resulted in these big guys like iHeart running as lean as possible, Gonzlez says. Head of iHeart Audience Network is out as podcast revenues slow. The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country. 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. Sure, you can market digitally, you can market online, you can run an ad and it shows up on Facebook. Sources tells us the RIF will be hitting programming, on-air, and digital departments, once an area of growth, across the country. 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 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. I got a lil iHeart scoop for you guys to start the weekend, plus some positive findings from the latest Infinite Dial report. IHeart emerged from Chapter 11 in early 2019, shaving $10 billion off its debt. As the company stated in Thursday's annual earnings. The cuts were made shortly before iHeart disclosed 2022 earnings, in which they reported 42 percent growth in podcast revenue over the course of the year. 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. Bee previously has hosted mornings and nights at WOWI and has mixed at WXYV Baltimore, WBTJ Richmond and SiriusXM. Toni Foxx departs The Big Show in mornings at Country 99.1 WQIK after nineteen years. Maguire previously served as SVP/Programming for iHeart Montgomery AL, Director of Urban Programming in Maco and PD of WPHH Hartford for the company. 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. Listeners expressed their outrage on Twitter after learning that some of their favorite radio personalities had been let go. Tim Moore exits the SVP/Programming post for Manchester and Portsmouth NH clusters. 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. 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. Hart also tracked nights on KBCO and served as an anchor/reporter for KOA. . Many people will just not like you. 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. 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. 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." 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. Strict deadlines are a problem. The Seattle-based company is delaying the beginning of construction of PenPlace, the . 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.) Now, everything going out over those airwaves could be made in New York and beamed in from afar. 2020. 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. Cannes Lions International Festival . 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. By continuing to use this website you are giving consent to cookies being used. Management is alright. That day of reckoning arrived this week. 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. Now, the company has explained why those. Van Mosel is a longtime podcast revenue executive, having held top spots at New York Public Radio, Acast, and Stitcher, and she was seen as a big get for iHeart when she joined last year. 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. An iHeartRadio station. 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. 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. Each site continues to compile ongoing lists. Spreaker is currently the third-most-used podcast host, according to Livewire Labs, but far behind leaders Buzzsprout and Anchor. Others will say, Hey, we cant operate in this world with a program director. , In fact, iHeartMedias move gives other radio chains cover if they want to pursue the same strategy. 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.. Now, it appears that Sarah van Mosel is no longer the executive vice . 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). JRDN joined Kiss-FM in 2015 and was promoted from overnights and fill-ins to evening host in October 2019. Great work life balance, caring bosses, learning a lot, wonderful work family, work from home. Send us a tip using our anonymous form. Most artists want to hear their song on the radio. The nation's largest owner of radio stations began notifying affected. CEO Bob Pittman said in a press release Tuesday that iHeartMedias move will allow the company to modernize its operations and infrastructure. Bart Shore departs as a traffic reporter for Total Traffic & Weather Network and weekend host at AC 93.9 Lite-FM WLIT. 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. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. charlieonnafriday's visit at 96.5 TDY's Artist Lounge. 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. 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,. 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. As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. Roger Rocket Keeler exits as Imaging Director after 28 years with the cluster. Radio 95.1 - Rochester, NY - Home of Brother Wease, Rizzo & Jeff, Rover's Morning Glory at Night and The Bob and Tom Show Read the full article now Forward to a friend. 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. While only a handful of names are listed, there are many others that for multiple reasons have not yet made their departures public. Lo 30 Hi 44. 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. So far we have heard of dismissals from programming, on-air, and digital departments across the country. 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, .
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iheart layoffs 2021