Another round of employee cuts at iHeartMedia last week appears to include reductions in engineering departments at its broadcast operations. 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. iHeart Cuts Exec Salaries, Furloughs Employees March 30, 2020 March 31, 2020 kevincarter iHeartMedia . Massive Layoffs At iHeart Media. 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.. 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. 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. Powered by Vipology, on JVs Family, Colleagues Facing Hard Reality, on Bardin Joins WMG As Pres. The layoffs seemed to particularly anger listeners of the Des Moines, Iowa sports station KXNO. Management is alright. 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. 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. Were a little short on data, but you can help. I am not convinced that triple-digit growth is an attainable (or even worthy) goal when you already bring in more than $350 million in revenue, but thats why I am a wee writer, not a billionaire investor. iHeart owns more than a dozen stations in the Cleveland-Akron-Canton market. By continuing to use this website you are giving consent to cookies being used. The 2021 iHeartRadio Music Awards are returning on May 27th, and the nominees for this year's show have officially been revealed. iHeartMedia Initiates Another Round of Staff Layoffs, More Layoffs Happening At iHeartMedia DMS, The Culling Has Begun: Inside the iHeartMedia Layoffs. Keeler also hosted the 12pm Throwback Lunch on Alternative Channel 93.3 KTCL. To take all the local DJs off the radio in the Number One station, that says a lot, Ledyard notes. Every Tuesday receive analysis, insights, and commentary on the growing podcast industry. local news and culture, Michael Roberts Update 12/1: After a slowdown over the Thanksgiving holiday, the iHeartMedia layoffs have picked back up as the Atlanta cluster saw cuts today. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Is AI to blame? You will be away from home quite often. Twitter Outage Wednesday Follows Recent Layoffs The Anniston Star had one layoff, one early retirement and one employee stepped down. 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. Moore joined the company in 2012 as Program Director for their Portsmouth stations and rose to his now former role in 2015. Wednesday, June 29, 2022. iHeartMedia restructuring leads to layoffs at radio stations in Ive seen this coming, agrees DJ Sab, who lost his radio role in Cincinnati. iheart layoffs 2021. and help keep the future of Westword, Use of this website constitutes acceptance of our. Spence joined the cluster in 2016 after programming the companys Talk and Sports stations in Hartford and New Haven CT. 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. Sure, you can market digitally, you can market online, you can run an ad and it shows up on Facebook. If you have a desire to work in the Broadcast arena, they offer the opportunity to work in your field. Its not cause they dont want to theyre told not to. As per Layoffs.fyi, a website that tracks layoffs in the tech sector, over 37,000 employees were made redundant at 467 startups globally in the second quarter of 2022, compared to less than 3,000 . 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. Can You Get Laid Off While On Maternity Leave, Can Laid Off Union Workers Collect Unemployment, How Long Does Insurance Last After Being Laid Off. Des Moines Reactions: im4cyclones , beentherebefore and Doc Dozens of popular radio personalities across the U.S. were laid off as station owner iHeartMedia announced a major reorganization this week. Tim Moore exits the SVP/Programming post for Manchester and Portsmouth NH clusters. Lack of support for new hires. Normal Gossip lands at Radiotopia and Spotify ditches the heart button. 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%. Now, it appears that Sarah van Mosel is no longer the executive vice . FAQ - New Privacy Policy. 2019. (AP Photo/Jeff Chiu, File) By The Associated . As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. It is unclear whether the decision to leave that spot was her own. Nov 2016 - Aug 2021 4 years 10 months. Our website provides local and national news, radio show podcasts, contests, local weather, events and concerts. Neither van Mosel nor iHeart responded to request for comment. iHeartMedia Careers | iHeartMedia Available to work on a flexible schedule Join the Westword community and help support Theyll still be able to suggest songs. Billboard is a part of Penske Media Corporation. This rating reflects the overall rating of iHeartMedia and is not affected by filters. Find out more about salaries and benefits at iHeartMedia. 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. Some iHeart Furloughs Become Permanent Layoffs | Barrett Media our management team has found ways to reduce our company's expenses without resorting to permanent layoffs. Syracuse, Rochester radio DJ 'Mayor' Pete Kennedy out after iHeartMedia 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. iHeartMedia, Inc. - Financials - Annual Reports Toni Foxx exits The Big Show in mornings at Country WQIK (99.1 WQIK). 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. "People are concerned," says a source at an iHeart station. JRDN joined Kiss-FM in 2015 and was promoted from overnights and fill-ins to evening host in October 2019. 2021 iHeartRadio Music Awards: See The Full List of Nominees 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. 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. January 17, 2020. iHeartMedia laid off a number of employees this week. As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. More than 6,150 news workers were laid off amid the COVID-19 pandemic iHeart Media buys Triton Digital from Scripps for $230 million - L.A Have a great weekend! 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. While free isnt normally the best way to make more money, podcasters who subscribe to the free tier also have access to Spreakers monetization tool. 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. - 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. That may be part of why few in radio were surprised by the cuts to local talent. That's nearly 44,000,000 Gen Zers every week! 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! From the money earned through that tool, Spreaker takes a 40 percent cut. Twitter's new 'violent speech' policy similar to past rules Spotify Restructures, Lays Off 6% Of Force January 23, 2023 Spotify Daniel Ek, Founder/CEO of Sweden-based streaming giant Spotify announced extensive organizational restructuring that includes the layoff of 6% of Read more Riley Couture: Free Agent November 10, 2022 iHeartMedia, WIHT, WZFT "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. 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). iHeartMedia laid off hundreds of radio DJs. Boston, MA Weather. Cool industry with concerts, radio, events, etc. My coworkers, who are equally as miserable but stuck, are very nice. 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). Workload can be heavy during close, but that's typical for an Accounting position. 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. Amazon Pauses Construction on Second Headquarters in Virginia, Emilia, Big One & Callejero Fino Earn First No. Now, everything going out over those airwaves could be made in New York and beamed in from afar. Average Song Length Nose Dives . Billboard and iHeart Media hit with major layoffs and furloughs It just doesnt take a lot of money to do that the source says. Ive seen the writing on the wall for a long time, Ledyard says. Verify your email to use filters. Recession Plans at the Big 3 Radio Groups. The. Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. 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 Paying more for less/worse content drove even more readers away. Newstalk 610 CKTB is an iHeartRadio station. Lance also advises stations, talent and brands on digital content strategies, programming integrations, and brand extensions. May 17, 2021 Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs A Wells Fargo analyst has predicted the largest "reduction in U.S. bank headcount in history." 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. 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. Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. His departure comes less than a month after podcasting head Dawn Ostroff announced she was leaving. You must have JavaScript enabled to fill out this form. It has been 10 years since my last raise, I've asked and been told no. 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. To illustrate iHearts new approach, Borrell says he was earlier streaming a Philadelphia rock station on an Amazon device while working in Virginia. 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. Theres plenty else to dig into here. Quotes displayed in real-time or delayed by at least 15 minutes. 2023 Billboard Media, LLC. 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 . Previously, to get a broadcast license in Sheboygan, Wisconsin, there would have to be a manned studio in town. Lo 34 Hi . We want to hear it. Entercom, iHeartMedia announce layoffs and furloughs But the bottom line is when you wrote that song, your dream was to hear it on a full-fledged radio station.
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