iHeartRadio owner lays off dozens including popular hosts iHeartMedia announced 9 presidents for new market divisions By James Leggate FOXBusiness Video Dozens of popular radio personalities. Jordan JRDN Foster exits as night host at CHR WKSC (103.5 Kiss FM). 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. Gayle Troberman, Executive Vice President and Chief Marketing Officer for iHeartMedia. Hart also tracked nights on KBCO and served as an anchor/reporter for KOA. Original Report 6/8: A round of position cuts is underway at iHeartMedia this week. Theyll still be able to suggest songs. iheart layoffs 2021 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 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. iHeartMedia Cuts Continue by Lance Venta June 22, 2022 0 The layoffs across the country at iHeartMedia are still ongoing. Newstalk 610 CKTB is an iHeartRadio station. iHeart cuts engineers | RadioDiscussions Cumulus Media, iHeartMedia 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. Layoffs have become a regular thing at iHeart, and not just in Denver. So He Built His Own, A Breath of Fresh Air: How Giveon Became R&Bs King of Warmth, It Started as a College Project. We heard a lot of different rumors, including talk about automating certain markets depending on the revenue [they generated].. 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. 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. Peter The Mayor Kennedy exits his dual role as 9-11am co-host on Hot Talk Radio 95.1 WAIO and afternoon host on regional ACs Y94 WYYY Syracuse, Mix 103.3 WMXW Binghamton, and Sunny 102.3 WVOR Canandaigua. 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. In November, iHeartMedia reported it took in more than $1.6 billion in broadcast-radio revenue during the first nine months of 2019, . Read the full article now Forward to a friend. 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. iheartmedia layoffs 2021 - WOW.com - Content Results Proven work experience as a news anchor Liberty, which owns SiriusXM satellite radio, also has a 4.8 percent stake in iHeart. iheart layoffs 2021. 2020. (AP Photo/Jeff Chiu, File) By The Associated . The move comes at a time when the company is anxious about growth. 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. But the bottom line is when you wrote that song, your dream was to hear it on a full-fledged radio station. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. According to Radio Insight, Jeremy Newman is expected to stay with iHeartMedia, hosting afternoons at Country 100.5 (WDVI-FM) in Rochester. Home of Traffic and Weather Together on the 3s. The cuts come as the company continues to implement operational changes that began in the wake of the widescale cuts of January 2020. Jacksonville Youll gain a lot of experience and knowledge that youll be able to take to your next job. Listen To The Most Popular Podcasts On iHeartRadio! 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. Comfortable yet professional presence on camera Legal Statement. 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. Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut At least 6,154 news organization workers, which includes both editorial and non-editorial staffers, were laid off beginning March 2020 through August 2021. Tim Moore is out as SVP/Programming for the companys Manchester and Portsmouth NH clusters. Ability to improvise in a live on-camera setting 2021 iHeartRadio Music Festival Lineup Revealed: Billie Eilish & More "People are concerned," says a source at an iHeart station. 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. Sure, you can market digitally, you can market online, you can run an ad and it shows up on Facebook. Jordan JRDN Foster is out as night host at CHR 103.5 Kiss-FM WKSC. iHeart Media have announced cuts in hope of saving $250m. Lo 34 Hi . The festival will also be broadcast live on iHeartMedia radio stations throughout the country across more than 150 markets. If you have a desire to work in the Broadcast arena, they offer the opportunity to work in your field. JRDN joined Kiss-FM in 2015 and was promoted from overnights and fill-ins to evening host in October 2019. Jun 17, 2022 The conglomerate is in the throes of more layoffs , which this week included Kennedy, whose broadcasting roots run deep in Rochester. 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. Enter Liberty Media, which owns controlling. More people who have gone public with their departure have been added to the list below. The morning show on Radio 95.1, however, has been . Copyright 2020 RAMP Media, Inc. All rights reserved. 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. Powered and implemented byFactSet Digital Solutions. 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. With more than 860 live broadcast stations in 153 markets across America, there's an iHeartRadio station where you live. Courtesy of iheartmedia . This rating has been stable over the past 12 months. From the money earned through that tool, Spreaker takes a 40 percent cut. iHeartRadio Denver Layoffs Update and Details From Internal Memo - Westword 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. (adsbygoogle = window.adsbygoogle || []).push({}); Radio news and headlines delivered right to your e-mail box -- and it's free. Inside Music Media | Insightful Deadly Honest Entertaining iHeartMedia controls more than 800 radio stations and paid Pittman more than $14 million in 2017, according to published reports. iHeartMedia Announces 2021 Lineup For Its Legendary 'iHeartRadio Music Send us a tip using our anonymous form. Management is alright. 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. 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. 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. So far we have heard of dismissals from programming, on-air, and digital departments across the country. Workload can be heavy during close, but that's typical for an Accounting position. Now, everything going out over those airwaves could be made in New York and beamed in from afar. Join my witness protection program -- report Newstips here. Some employees began to suspect that cuts were coming last week. 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. . Gail Austin is out as Program Director and midday host at Country 93.7 The Bull KSD-FM. This material may not be published, broadcast, rewritten, or redistributed. 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. NewsTalk 610 CKTB | News - iHeartRadio iHeartMedia - Updates, News, Events, Signals & Triggers - Crunchbase Paying more for less/worse content drove even more readers away. 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. Ill see you Tuesday. iHeartMedia laid off hundreds of radio DJs. 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. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! 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. It just doesnt take a lot of money to do that the source says. 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. KXNO/iHeart Layoffs | Page 18 | CycloneFanatic: The Internet's most Moore joined the company in 2012 as Program Director for their Portsmouth stations and rose to his now former role in 2015. 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. They do not offer fair pay wages that are conducive to the talent or the market. Recession Plans at the Big 3 Radio Groups. 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. 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. Melody Emm - Producer / Board Operator - iHeartMedia | LinkedIn 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. 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). I dont know how sustainable that is, this source says. Im listening to my favorite station and they didnt need to put a DJ down here in Williamsburg, he says. 1. 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. 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. Shore's departure coincided with a wave of layoffs this week at iHeartMedia radio stations nationwide. Late last Friday, word began rapidly circulating about numerous high profile personnel cuts within Beasleys on-air and programming ranks. Available to work on a flexible schedule The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country. iHeartMedia Layoffs: Why Is The Audio Company Cutting Jobs? Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. Speaking of iHeart finding new ways to make money, its podcast publishing tool Spreaker is going for the Anchor play. Powered by Vipology, on JVs Family, Colleagues Facing Hard Reality, on Bardin Joins WMG As Pres. The small cuts to the product when times were good had already push some away. iHeart Cuts Exec Salaries, Furloughs Employees To take all the local DJs off the radio in the Number One station, that says a lot, Ledyard notes. 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. Today's $200 million plan comes after the company announced $50 million in savings early . Boston, MA Weather. Earle Augustus exits as morning co-host on Adult R&B V101 KJMS and afternoon host on R&B Oldies 1070 WDIA. The Two Biggest Pop Radio Stations Barely Played Lil Nas X's 'Old Town Road', In a statement, iHeartMedia said, We will continue to serve every local community in which we operate just as we always have.. As the company stated in Thursday's annual earnings. iHeartMedia | Saving Country Music Also cut Wednesday was Jordan "JRDN" Foster, nighttime personality at iHeartMedia Top 40 WKSC 103.5-FM.. A native of Syracuse, New York, and graduate of Syracuse University, Foster began his career as the rap artist Jay Foss before joining iHeartMedia Chicago in 2015. Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. At iHeartMedia, Inc., we promise to treat your data with respect and will not share your information with any third party. 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. 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, . 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. 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. According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. 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. More Layoffs Happening At iHeartMedia - DMS They never should have been able to leverage up to $20 Billion but hey, who's counting. Twitter's new 'violent speech' policy similar to past rules It is unclear whether the decision to leave that spot was her own. I suspect they will both win, one way or another, he says. 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. iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. That's nearly 44,000,000 Gen Zers every week! Lance Houston exits the PD post at Country WBLW (101.7 The Bull). Massive Layoffs At iHeart Media - News 2021 iHeartRadio Music Awards: See The Full List of Nominees Boston: Theres no such thing as a music director., On-air talent was supposed to be the one thing that [iHeartMedia] offered that was unique, he continues. Head of iHeart Audience Network is out as podcast revenues slow. FILE - A sign at Twitter headquarters is shown in San Francisco, Dec. 8, 2022. He has also worked in Shreveport, Charleston and Killeen TX. Are Older Listeners the Key to Unlocking Streamings Growth Potential? 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 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 . Job openings and quits reach record highs in 2021, layoffs and Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. Most artists want to hear their song on the radio. Considering the macroeconomic challenges in the current environment, we think our digital and podcasting business has performed well in the fourth quarter, but we also seek concrete ways to improve the performance going forward.. 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." 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. 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. Quotes displayed in real-time or delayed by at least 15 minutes. Thats good to hear! Toni Foxx exits The Big Show in mornings at Country WQIK (99.1 WQIK). iheart layoffs 2021 - kestonrocks.com 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. Audacy & iHeart Playing Dirty with Ad Rates . Is AI to blame? Mychal Maguire exits the PD post at Hip Hop WBTP (95.7 The Beat). charlieonnafriday's visit at 96.5 TDY's Artist Lounge. All Rights Reserved. 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). 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. 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. 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. This website uses cookies. iHeartMedia Layoffs Bleed Even More Regionalism Out of Radio 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. It was founded in August 2008. iHeart Job Cuts Affect Two Minneapolis Morning Hosts nick@hotpodmedia.comSignal: +1 312-509-5898. iHeartMedia is in the midst of another road of layoffs. 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 . Excellent verbal skills Horrible office culture and new management. Entercom, iHeartMedia announce layoffs and furloughs iHeartMedia Announces Nominees For The 2023 iHeartPodcast Awards Streaming March 14 Luke Bryan, Kane Brown, Sam Hunt, Elle King, Parker McCollum, Justin Moore, Jordan Davis, Mitchell Tenpenny, and More Lead Lineup for the 2023 "iHeartCountry Festival Presented by Capital One"