iHeartMedia Staff Hit With Layoffs Across the Country: 'It's Been a Jun 17, 2022 The conglomerate is in the throes of more layoffs , which this week included Kennedy, whose broadcasting roots run deep in Rochester. That is a truly respectable number, but perhaps their expectations were set high because of the 148 percent growth the segment experienced in 2021. Twitter Outage Wednesday Follows Recent Layoffs Newstalk 610 CKTB (CKTB-FM) is Niagara's NewsTalk Leader. In a statement that echoed its email to employees, the company noted that during a transition like this, its reasonable to expect that there will be some shifts in jobs some by location and some by function but the number is relatively small given our overall employee base of 12,500. That said, the statement continued, we recognize that the loss of any job is significant; we take that responsibility seriously and have been thoughtful in the process.. 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, in a 2019 interview. ' Billboard could not confirm the exact number of layoffs and iHeartMedia would comment on that. image=9270478]. This material may not be published, broadcast, rewritten, or redistributed. 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. Great work life balance, caring bosses, learning a lot, wonderful work family, work from home. Its not cause they dont want to theyre told not to. You will live in constant fear of losing your job and be abused by the sales staff and sales management, no joke, ABUSE. 'The Culling Has Begun': Inside the iHeartMedia Layoffs - Rolling Stone In the process, the company became a ripe target for a takeover bid. Listen to live radio! As well as receiving a bonus. The 200 Greatest Singers of All Time Speaking of iHeart finding new ways to make money, its podcast publishing tool Spreaker is going for the Anchor play. 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. The small cuts to the product when times were good had already push some away. Massive Layoffs At iHeart Media. Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. NewsTalk 610 CKTB | News - iHeartRadio Ill see you Tuesday. WBZ NewsRadio 1030 - Boston's News Radio Three Architects of Denver's iHeart Radio Empire Are Out iHeartRadio (often shortened to just "iHeart") is an American freemium broadcast, podcast and radio streaming platform owned by iHeartMedia.It was founded in August 2008. It just doesnt take a lot of money to do that the source says. 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, streaming and, (Updated at 2 p.m. Why would they need to produce more?, Laid-off iHeartMedia DJs and programmers arent exactly sympathetic to that point of view. Audacy & iHeart Playing Dirty with Ad Rates . Cool industry with concerts, radio, events, etc. They most recently attended, or will attend, Cannes Lions International Festival of Creativity 2021 on Jun 21, 2021. iHeartMedia laid off hundreds of radio DJs. They do not have any managers of color and if they do, I would be curious to know how fair they are being treated. Boston, MA Weather. Breaking news when it happens. iheart layoffs 2021 - WOW.com - Content Results Head of iHeart Audience Network is out as podcast revenues slow. KJMS/WDIA Memphis personality Earle Augustus noted that he was released this morning indicating that the company is not yet done with its current round of staff reductions. iHeartMedia Aims to Save $200 Million Via Pay Cuts, Furloughs - Variety Find out more about salaries and benefits at iHeartMedia. Billboard and iHeart Media hit with major layoffs and furloughs 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. Enter Liberty Media, which owns controlling. Now layoffs were inevitable because of lost profits. for the most part as long as you're looking at the core of the company. 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 . The. Jess Aleshire exits as Regional Production Director for Minot, Bismarck & Dickinson ND and midday host on Rock 105.3 The Fox KZPR Minot. The layoffs across the country at iHeartMedia are still ongoing. Syracuse, Rochester radio DJ 'Mayor' Pete Kennedy out after iHeartMedia iHeartMedia Initiates Another Round of Staff Layoffs - RADIO ONLINE https://www.democratandchronicle.com/story/news/2022/06/17/pete-kennedy-the-mayor-rochester-ny-radio-host-among-those-let-go-iheartmedia-cuts/7657086001/. 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. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. So He Built His Own, A Breath of Fresh Air: How Giveon Became R&Bs King of Warmth, It Started as a College Project. 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''. Now, everything going out over those airwaves could be made in New York and beamed in from afar. iHeart cuts engineers | RadioDiscussions CEO Bob Pittman said Q4 was iHeart's best quarter for revenue and adjusted earnings in company history. But the bottom line is when you wrote that song, your dream was to hear it on a full-fledged radio station. 6:28AM. Glassdoor has 2,430 iHeartMedia reviews submitted anonymously by iHeartMedia employees. The cuts come as the company continues to implement operational changes that began in the wake of the widescale cuts of January 2020. January 17, 2020. iHeartMedia Layoffs: Why Is The Audio Company Cutting Jobs? Ive seen the writing on the wall for a long time, Ledyard says. I'm doing the job of about 7 people and getting paid exactly what I was in 2013. Some company like Iheart can come along and buy up companies using a ton of debt. Late last Friday, word began rapidly circulating about numerous high profile personnel cuts within Beasleys on-air and programming ranks. When they do something, guess what? Not long after the email went out, people like myself started to get calls up to offices, and they were told they were being let go, says the former host. iHeartMedia, Inc. - Financials - Annual Reports Some called for a boycott of the company. Spreaker is currently the third-most-used podcast host, according to Livewire Labs, but far behind leaders Buzzsprout and Anchor. 2018. . To take all the local DJs off the radio in the Number One station, that says a lot, Ledyard notes. IHeart emerged from Chapter 11 in early 2019, shaving $10 billion off its debt. 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. iHeart Media buys Triton Digital from Scripps for $230 million - L.A 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. 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. 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. political, economic, legislative and cultural) Ability to work under stressful conditions and strict deadlines Which is a shame because there is a huge need for something more local., came into my office and closed the door and said, Hey, and gave me the talk of, This is your last day. CEO Bob Pittman said in a press release Tuesday that iHeartMedias move will allow the company to modernize its operations and infrastructure. Now, we dont do that either.. Pros & Cons are excerpts from user reviews. By Beat the Press Staff. Radio 95.1 - Rochester's Radio 95.1, Real Talk 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. New Hampshire 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.. to get free tickets to concerts and music events. 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 . 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. 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. iHeartRadio Denver Layoffs Update and Details From Internal Memo - Westword Moore joined the company in 2012 as Program Director for their Portsmouth stations and rose to his now former role in 2015. iHeartMedia was able to wipe away much of its local presence thanks to a recent decision made by the Federal Communications Commission. Twitter's new 'violent speech' policy similar to past rules (Many declined to comment, citing the same reason.) Additionally, Country WQIK/Jacksonville, FL morning co-host Toni Foxx (Robbie, John & Toni In The Morning) exits the station after 19 years, while New Hampshire VP/Programming Tim Moore departs after serving as PD of Active Rock WHEB, CHR WERZ (Z107), Country WTBU (95.3 The Bull), News/Talk WQSO (Newsradio 96.7) and Sports WPKX-AM after almost 10 years. 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. In other words, expect to struggle financially, unless you can manage to build income outside of the company. By continuing to use this website you are giving consent to cookies being used. Market data provided byFactset. Toni Foxx departs The Big Show in mornings at Country 99.1 WQIK after nineteen years. Jacksonville 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 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. KJMS/WDIA Memphis personality Earle Augustus noted that he was released this morning indicating that the company is not yet done with its current round of staff reductions. 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, . iHeartMedia laid off hundreds of radio DJs. The Trump Administration Could Make It Worse Back in January 2020, prior to the start of the COVID-19 pandemic (which prompted furloughs in Colorado months later), as. Boston's source for local news. iHeartMedia | Saving Country Music With more than 860 live broadcast stations in 153 markets across America, there's an iHeartRadio station where you live. Greg Foster exits as SVP/Talk Programming overseeing News/Talk 850/94.1 KOA, Talk 630 KHOW, and Conservative Talk Freedom 93.7 760 KDFD. Apr 2021 - Present 2 years. Read the full article now Forward to a friend. Amazon Pauses Construction on Second Headquarters in Virginia, Emilia, Big One & Callejero Fino Earn First No. The 2021 iHeartRadio Music Awards are returning on May 27th, and the nominees for this year's show have officially been revealed. Become a member to support the independent voice of Denver iHeart Media have announced cuts in hope of saving $250m. iHeartMedia restructuring leads to layoffs at radio stations in This website uses cookies. Being a journalist can be stressful. Nov 2016 - Aug 2021 4 years 10 months. Have a great weekend! The Anniston Star had one layoff, one early retirement and one employee stepped down. https://news.radio-online.com/articles/n42261/iHeartMedia-Initiates-Another-Round-of-Staff-Layoffs, Jun 9, 2022 iHeartMedia has begun another round of layoffs after the companys revenue projections for the rest of 2022 are reportedly trending downward , https://deanemediasolutions.com/more-layoffs-happening-at-iheartmedia/, Jun 10, 2022 iHeartMedia is in the midst of another road of layoffs . iHeart's role in all of this, yes iHeart! Ability to improvise in a live on-camera setting Spence joined the cluster in 2016 after programming the companys Talk and Sports stations in Hartford and New Haven CT. It has been 10 years since my last raise, I've asked and been told no. Join the Westword community and help support This rating has been stable over the past 12 months. Reports: iHeartMedia Makes Cuts to Engineering Staff Tim Moore is out as SVP/Programming for the companys Manchester and Portsmouth NH clusters. Listeners expressed their outrage on Twitter after learning that some of their favorite radio personalities had been let go. 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. You will be away from home quite often. 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community.