Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. 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. iHeartMedia is in the midst of another road of layoffs. Head of iHeart Audience Network is out as podcast revenues slow. iHeartMedia, Inc. - Financials - Annual Reports While only a handful of names are listed, there are many others that for multiple reasons have not yet made their departures public. IHeartMedia also named nine senior executives on Wednesday who will serve as division presidents under the new organizational system. 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, in a 2019 interview. https://www.democratandchronicle.com/story/news/2022/06/17/pete-kennedy-the-mayor-rochester-ny-radio-host-among-those-let-go-iheartmedia-cuts/7657086001/. to get free tickets to concerts and music events. 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. 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. 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. 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. No bonus or stock options. Des Moines 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. iHeartMedia laid off hundreds of radio DJs. Is AI to blame? - The 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. Toni Foxx departs The Big Show in mornings at Country 99.1 WQIK after nineteen years. We're bringing together the most influential and trusted voices in Black culture for conversations around social justice, pop culture, sports, mental health, news, and comedy. Inside Music Media | Insightful Deadly Honest Entertaining Ability to work under stressful conditions and strict deadlines Amazon Pauses Construction On 2nd Headquarters In Virginia NAB Asks FCC to Complete 2018 Quadrennial Review, Laden Joins WABC/New York as News Director and Host, Audacy Launches ''Front Range Country 103.1'' in Denver, WPZS (Praise 100.9)/Charlotte Ups Melanie Pratt to APD, iHeartMedia's Podcast Platform Spreaker is Now Free, KINK-FM/Portland Adds ''The Greg Beharrell Show''. The. More people who have gone public with their departure have been added to the list below. iHeartMedia Layoffs Bleed Even More Regionalism Out of Radio "People are concerned," says a source at an iHeart station. Mychal Maguire departs as Program Director at Hip Hop 95.7 The Beat WBTP after seven years. 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. 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. Being a journalist can be stressful. iHeartMedia Layoffs: What They Mean for Listeners & the Industry 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. 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. Discover.css-epvm6{white-space:nowrap;}.css-epvm6{white-space:nowrap;} More, Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. The majority of the cuts were inflicted on smaller markets size-30 and under, according to Del Colliano. iHeart Media announces cuts nationwide; Chicago stations lays off three 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. I suspect they will both win, one way or another, he says. iHeart cuts engineers | RadioDiscussions Components of separations by industry 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. Now, everything going out over those airwaves could be made in New York and beamed in from afar. iheart layoffs 2021. iHeartMedia | Saving Country Music America's largest radio station owner iHeartMedia filed for Chapter 11 bankruptcy protection in the wee hours of Wednesday night/Thursday morning. 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. In the process, the company became a ripe target for a takeover bid. New York, N.Y. - June 16, 2021 - iHeartMedia today announced the lineup for the 2021 iHeartRadio Music Festival, the annual legendary concert event on Friday, Sept. 17 and Saturday, Sept. 18 at Las Vegas' hottest entertainment venue, T-Mobile Arena, and its Daytime Stage at the iHeartRadio Music Festival on Saturday, Sept. 18 at the new . 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. Make a one-time donation today for as little as $1. Tim Moore exits the SVP/Programming post for Manchester and Portsmouth NH clusters. Every effort will be made to keep communication between us secret and confidential. Any smaller to medium market in the country lost, in all likelihood, most, if not all, of their on-air staff, the former on-air personality says. Every Tuesday receive analysis, insights, and commentary on the growing podcast industry. 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. Jordan JRDN Foster exits as night host at CHR WKSC (103.5 Kiss FM). Audacy & iHeart Playing Dirty with Ad Rates . radioinsight.com Become a member to support the independent voice of Denver Some employees began to suspect that cuts were coming last week. iHeartMedia Initiates Another Round of Staff Layoffs, More Layoffs Happening At iHeartMedia DMS, The Culling Has Begun: Inside the iHeartMedia Layoffs. Gen Z are true digital natives and the most tech-savvy generation. Austin joined KSD-FM in December 2018 after previously serving as VP/Programming for Clear Channel Jacksonville and programming WCOL Columbus OH and WQIK Jacksonville. Listen To The Most Popular Podcasts On iHeartRadio! Understanding of the newscast process Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. But it also means that there are fewer local DJs talking about local things that matter deeply to their own communities., With iHeartMedia taking this step to further hollow out its local presence, its easy to imagine that other big radio chains like Cumulus, Entercom, or Townsquare Media will do the same. 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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. Each site continues to compile ongoing lists. Twitter's new 'violent speech' policy similar to past rules 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. A top ad executive is out as podcast revenue tapers off. Powered by Vipology, on JVs Family, Colleagues Facing Hard Reality, on Bardin Joins WMG As Pres. iHeartMedia - Updates, News, Events, Signals & Triggers - Crunchbase In addition, subscriptions rates were increased. YouTube revealed its big podcast plan, Spotify talked audiobooks, and Decoder had its first live show. >The layoffs began having a missive that is strangely-worded iHeartMedia concerning the companys future plans, saying the the techniques would create Centers of Excellence that will utilize synthetic cleverness as well as other technology to onenightfriend Jak odstranit et provide a significantly better . Jordan JRDN Foster is out as night host at CHR 103.5 Kiss-FM WKSC. 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. Lance Venta is Owner and Publisher of RadioInsight.com. 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 Seattle-based company is delaying the beginning of construction of PenPlace, the . It just doesnt take a lot of money to do that the source says. Robbie Rose and John Scott remain in mornings. iHeartMedia, Inc. - iHeartmedia, Inc. Reports Results for 2021 Fourth I got a lil iHeart scoop for you guys to start the weekend, plus some positive findings from the latest Infinite Dial report. 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. 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. Active social media presence. 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%. I dont know how sustainable that is, this source says. The small cuts to the product when times were good had already push some away. iHeartMedia instituted a round of cuts today focusing on engineering departments at its broadcast operations. Native Hawaiian or Other Pacific Islander, In celebration of International Women's Day on March 8, iHeartMedia presents the third annual iHeartRadio SeeHer Hear Her: Celebrating Women Who Make Music & Culture, a celebration of women who make music, influence change, and sew the fabric of our culture. 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. Reaching Gen Z With Radio | iHeart AdBuilder Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. independent local journalism in Denver. Copyright 2022 RadioInsight / RadioBB Networks. 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. Recession Plans at the Big 3 Radio Groups. Billboard is a part of Penske Media Corporation. 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. 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. tides equities los angeles . 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. iHeartRadio owner lays off dozens including popular hosts Find out more about salaries and benefits at iHeartMedia. Radio 95.1 - Rochester's Radio 95.1, Real Talk Bart Shore exits as a traffic reporter for Total Traffic & Weather Network and weekend host at AC WLIT (93.9 Lite FM). Diversity in Radio Is Vanishing. Spreaker, which was previously only available to paid customers through plans ranging from $8 to $250 per month, now offers a free basic tier. Courtesy of iheartmedia The largest radio conglomerate in the country, iHeartMedia, initiated a round of mass layoffs this week,. iHeartMedia was able to wipe away much of its local presence thanks to a recent decision made by the Federal Communications Commission. Also cut Wednesday was Jordan JRDN , https://www.radioworld.com/news-and-business/headlines/reports-iheartmedia-makes-cuts-to-engineering-staff. As well as receiving a bonus. 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. iHeartMedia Layoffs Continue Across Multiple Radio Markets ALLACCESS.COM Gayle Troberman, Executive Vice President and Chief Marketing Officer for iHeartMedia. Theyre getting a lot of mileage out of their existing content. 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. It is unclear whether the decision to leave that spot was her own. Lo 34 Hi . Sorry. The 100 Greatest TV Shows of All Time Pros & Cons are excerpts from user reviews. The Anniston Star had one layoff, one early retirement and one employee stepped down. YouTube More information is surfacing about iHeartRadio layoffs in. AJR's Visit at 96.5 TDY's Artist Lounge. Glassdoor has 2,430 iHeartMedia reviews submitted anonymously by iHeartMedia employees. I'm doing the job of about 7 people and getting paid exactly what I was in 2013. 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. 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.
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