Even the podcasting industry is not immune to some effects of the advertising slowdown, iHeart CEO Bob Pittman said on an investor call this week. 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. He has also worked in Shreveport, Charleston and Killeen TX. The majority of the cuts were inflicted on smaller markets size-30 and under, according to Del Colliano. Spreaker is currently the third-most-used podcast host, according to Livewire Labs, but far behind leaders Buzzsprout and Anchor. So it doesnt matter who does it next they wont be as bad as iHeart, because it wont be unprecedented., The former on-air host acknowledges that local radio was already greatly reduced from its heyday. To illustrate iHearts new approach, Borrell says he was earlier streaming a Philadelphia rock station on an Amazon device while working in Virginia. FAQ - New Privacy Policy. In March, Pittman surrendered his remaining 2020 salary and senior management took pay cuts between 30-70 percent. iheart layoffs 2021. Chris Williams exits as co-host at Sports 1460 KXNO and 106.3 KXNO-FM. Newstalk 610 CKTB (CKTB-FM) is Niagara's NewsTalk Leader. Effective communication and interpersonal skills iHeartMedia has announced its Q4 financials, reporting $1.13 billion in revenue. 2021. . While only a handful of names are listed, there are many others that for multiple reasons have not yet made their departures public. (AP Photo/Jeff Chiu, File) By The Associated . This material may not be published, broadcast, rewritten, or redistributed. All Rights Reserved. Twitter announced a new policy prohibiting "violent speech" on Wednesday, March 1, 2023, though overall it sounds very similar to the rules against violent threats it had on the books long before Elon Musk took over. Courtesy of iheartmedia . Ive seen the writing on the wall for a long time, Ledyard says. Radio Some called for a boycott of the company. Kennedy joined the company as morning host on Hot AC 100.5 The Drive WDVI in 2012 after 20 years at CHR 97.9 WPXY and three years in middays at Variety Hits 98.9 the Buzz WBZA. tides equities los angeles . Responsible for pulling cuts, posting on social media, making scripts and voicers . The culling has begun, wrote one member of a Facebook group for people in radio. Bart Shore exits as a traffic reporter for Total Traffic & Weather Network and weekend host at AC WLIT (93.9 Lite FM). 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. Workload can be heavy during close, but that's typical for an Accounting position. Theyre getting a lot of mileage out of their existing content. Read the full article now Forward to a friend. 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. Now, the company has explained why those. 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. It has been 10 years since my last raise, I've asked and been told no. 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. 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. Many people will just not like you. 1 on Billboard Argentina Hot 100 Chart, We Thought You Should Know: Morgan Wallen Tops Country Airplay Chart for Third Week, Publishers Quarterly: Taylor Swift Rules With Anti-Hero, Sony and Universal Duel for No. Great work life balance, caring bosses, learning a lot, wonderful work family, work from home. 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. 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 . Daryl Ledyard worked for more than a decade at WBBS, a country outlet, which he says was Number One in the Syracuse, New York, area year after year for two decades. This rating reflects the overall rating of iHeartMedia and is not affected by filters. Dont expect a raise either. Having problems? Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. The Anniston Star had one layoff, one early retirement and one employee stepped down. Ability to improvise in a live on-camera setting Denver's independent source of Speaking of iHeart finding new ways to make money, its podcast publishing tool Spreaker is going for the Anchor play. We are told the cuts are going to be made over a multiple day period, much like the companys last round of layoffs in the fall of 2020. You will be overworked and take on so many extra responsibilities with no pay and management is awful. Financial Highlights: Q4 2021 Consolidated Results Q4 Revenue of $1,062 million up 14% YoY; exceeding prior guidance of up approximately 10% Excluding the impact of Political, Q4 revenue was up 25% YoY Q4 2021 Consolidated Revenue up 3.5% vs. Q4 2019 GAAP Operating income of $123 . Available to work on a flexible schedule 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. CEO Bob Pittman said Q4 was iHeart's best quarter for revenue and adjusted earnings in company history. iHeartMedia is in the midst of another road of layoffs. 2018. . Executives blame AI. Sorry. The nation's largest owner of radio stations began notifying affected. ALLACCESS.COM Have a great weekend! Scripps exits the podcast sector, radio. Price previously hosted mornings on sister AC Mix 98.9 WMXY with his tenure at the company beginning in 2001. Sources tells us the RIF will be hitting programming, on-air, and digital departments, once an area of growth, across the country. Another round of employee cuts at iHeartMedia last week appears to include reductions in engineering departments at its broadcast operations. Some company like Iheart can come along and buy up companies using a ton of debt. AJR's Visit at 96.5 TDY's Artist Lounge. Reports: iHeartMedia Makes Cuts to Engineering Staff https://www.radioworld.com/news-and-business/headlines/reports-iheartmedia-makes-cuts-to-engineering-staff Mar 3, 2021 Its modernization initiative has resulted in layoffs in programming, sales and engineering, according to those familiar with the developments. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Radio 95.1 - Rochester, NY - Home of Brother Wease, Rizzo & Jeff, Rover's Morning Glory at Night and The Bob and Tom Show Now layoffs were inevitable because of lost profits. 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. 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. iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2021. Bee previously has hosted mornings and nights at WOWI and has mixed at WXYV Baltimore, WBTJ Richmond and SiriusXM. (Washington Post) When iHeartMedia announced this month it would fire hundreds of workers across the country, the radio conglomerate said the restructuring was critical to take advantage of its "significant investments in technology and artificial intelligence." 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. 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. 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). Management is alright. San Antonio, Texas Area . January 17, 2020. iHeartMedia controls more than 800 radio stations and paid Pittman more than $14 million in 2017, according to published reports. 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. Thu. If you have a desire to work in the Broadcast arena, they offer the opportunity to work in your field. Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. That may be part of why few in radio were surprised by the cuts to local talent. iHeartMedia Cuts Continue by Lance Venta June 22, 2022 0 The layoffs across the country at iHeartMedia are still ongoing. 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. independent local journalism in Denver. Well it finally happened. You will live in constant fear of losing your job and be abused by the sales staff and sales management, no joke, ABUSE. Lance Venta is Owner and Publisher of RadioInsight.com. Copyright 2022 RadioInsight / RadioBB Networks. 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. Copyright 2020 RAMP Media, Inc. All rights reserved. So He Built His Own, A Breath of Fresh Air: How Giveon Became R&Bs King of Warmth, It Started as a College Project. Before joining KBCO in 1997, Hart worked at multiple stations in Colorado Springs and Portland OR. Understanding of the newscast process One employee who lost a job Tuesday said the station cut just about all the on-air talent except for the morning show. This site is protected by reCAPTCHA Enterprise and the Google. 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. iHeartMedia Engaged Employer Overview 2.4K Reviews 248 Jobs 2.5K Salaries 469 Interviews 644 Benefits 21 Photos 571 Diversity + Add a Review iHeartMedia Reviews Updated Mar 2, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 2,224 of over 2K reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent Tim Moore exits the SVP/Programming post for Manchester and Portsmouth NH clusters. 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. 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). 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. 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. But the bottom line is when you wrote that song, your dream was to hear it on a full-fledged radio station. 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. It is unclear whether the decision to leave that spot was her own. Mychal Maguire departs as Program Director at Hip Hop 95.7 The Beat WBTP after seven years. You must have JavaScript enabled to fill out this form. Billboard is a part of Penske Media Corporation. Jun 17, 2022 The conglomerate is in the throes of more layoffs , which this week included Kennedy, whose broadcasting roots run deep in Rochester. 2019. Chicago: Jordan 'JRDN' Foster exits as night host at CHR WKSC (103.5 Kiss FM). The 500 Greatest Songs of All Time Become a member to support the independent voice of Denver 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. Lance also advises stations, talent and brands on digital content strategies, programming integrations, and brand extensions. Bart Shore departs as a traffic reporter for Total Traffic & Weather Network and weekend host at AC 93.9 Lite-FM WLIT. Are Older Listeners the Key to Unlocking Streamings Growth Potential? 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. Today's $200 million plan comes after the company announced $50 million in savings early . The 200 Greatest Singers of All Time I would say if you're going to get an offer, please negotiate this hard. 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. 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. 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. 2023 FOX News Network, LLC. Robbyn Hart as seen on her KBCO bio page. All Rights reserved. 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. Published: Mar. The 2021 iHeartRadio Music Awards are returning on May 27th, and the nominees for this year's show have officially been revealed. Theyll still be able to suggest songs. The company reports third-quarter . 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 . radioinsight.com 6:28AM. Max Cutler most recently oversaw content partnerships. iHeartMedia laid off a number of employees this week. The moves came as Department of Justice officials have been considering whether to block Liberty Medias plans to buy iHeart, The New York Post reported. Now, we dont do that either.. Im listening to my favorite station and they didnt need to put a DJ down here in Williamsburg, he says. Townsquare's Major Expansion . 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.) That's nearly 44,000,000 Gen Zers every week! 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. Boston, MA Weather. The layoffs across the country at iHeartMedia are still ongoing. The latest round of layoffs at iHeartMedia has affected two morning shows in the Twin Cities. 49% of employees would recommend working at iHeartMedia to a friend and 45% have a positive outlook for the business. Mar 3, 2021 Its modernization initiative has resulted in layoffs in programming, sales and engineering, according to those familiar with the developments. Robbie Rose and John Scott remain in mornings. The 100 Best Albums of 2022. iHEARTMEDIA has commenced another round of layoffs nationwide, and ALL ACCESS has confirmed that those being laid off include National Programming Team member and Country WBWL (101.7 THE. 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." 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. 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. Components of separations by industry Some employees began to suspect that cuts were coming last week. iHeartMedia Layoffs Continue Across Multiple Radio Markets Here's the Latest Dylan Smith November 3, 2020 Back in April, following a series of personnel cutbacks that preceded the COVID-19. Its main competitors . 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. The small cuts to the product when times were good had already push some away. https://www.syracuse.com/entertainment/2022/06/syracuse-rochester-radio-dj-mayor-pete-kennedy-out-after-iheartmedia-layoffs.html. Editors picks P!nk on fighting for what's right, being over your feuds, and why performing is therapy. On April 24, 2020, North Jefferson News in Gardendale, Alabama, announced it was merging with sister paper The. 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. They do not have any managers of color and if they do, I would be curious to know how fair they are being treated. Cumulus Just Screwed Itself . Gen Z are true digital natives and the most tech-savvy generation. Jess Aleshire exits as Regional Production Director for Minot, Bismarck & Dickinson ND and midday host on Rock 105.3 The Fox KZPR Minot. Diversity in Radio Is Vanishing. The 100 Greatest TV Shows of All Time Download Our Free iHeartRadio App! 2020 Annual Report PDF Format Download PDF 1.39 MB. They are not authored by Glassdoor. September 02, 2021. Can I Be Laid Off While On Workers Compensation? 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 . YouTube revealed its big podcast plan, Spotify talked audiobooks, and Decoder had its first live show. Youve gotten to the point where theres no such thing as a disc jockey. Thats the saddest part., A daily briefing on what matters in the music industry. 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. Theres plenty else to dig into here. iHeartMedia is in the midst of another road of layoffs. To take all the local DJs off the radio in the Number One station, that says a lot, Ledyard notes. Jerry Schemmel, the play-by-play voice of the Colorado Rockies, is among those who were laid off by iHeartRadio in Denver. and help keep the future of Westword, Use of this website constitutes acceptance of our. 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. It has reportedly caught the eye of antitrust officials with its not-yet-official plans to buy the radio giant. With more than 860 live broadcast stations in 153 markets across America, there's an iHeartRadio station where you live. According to Radio Insight, Jeremy Newman is expected to stay with iHeartMedia, hosting afternoons at Country 100.5 (WDVI-FM) in Rochester. So far we have heard of dismissals from programming, on-air, and digital departments across the country. Say what you want about iHeart, but theyre making some pretty smart and strategic decisions to stay afloat and morph in whats becoming a difficult media environment.This weeks layoffs, part of what former employees have called a a bloodbath cut deeply into iHeart radio stations around the U.S., particularly those in mid-major markets such as Pittsburgh and Asheville, North Carolina, The deep and unexpected cuts have shocked record labels radio-promotions departments, who have lost many of their long-standing relationships. Their influence has gotten less and less. Get the latest updates in news, food, music and culture, and receive special offers direct to your inbox. 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. All rights reserved. You will see many bad things while being a journalist. 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. Recession Plans at the Big 3 Radio Groups. 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. Shore's departure coincided with a wave of layoffs this week at iHeartMedia radio stations nationwide. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! 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 IHeartMedia also named nine senior executives on Wednesday who will serve as division presidents under the new organizational system. GET FOX BUSINESS ON THE GO BY CLICKING HERE. This further decreased ad revenue, which meant even more layoffs and/or more consolidation. 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.