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I dont know how sustainable that is, this source says. Copyright 2022 RadioInsight / RadioBB Networks. 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. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! 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. To illustrate iHearts new approach, Borrell says he was earlier streaming a Philadelphia rock station on an Amazon device while working in Virginia. Audacy & iHeart Playing Dirty with Ad Rates . 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. The 200 Greatest Singers of All Time An iHeart spokesperson didnt specify the number of jobs that were eliminated, but told FOX Business that the number is relatively small because of the company'semployee base of 12,500. 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. He has also worked in Shreveport, Charleston and Killeen TX. All rights reserved. Enter Liberty Media, which owns controlling. CEO Bob Pittman said in a press release Tuesday that iHeartMedias move will allow the company to modernize its operations and infrastructure. 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. (adsbygoogle = window.adsbygoogle || []).push({}); Radio news and headlines delivered right to your e-mail box -- and it's free. Every effort will be made to keep communication between us secret and confidential. You must have JavaScript enabled to fill out this form. One employee who lost a job Tuesday said the station cut just about all the on-air talent except for the morning show. 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. Audiobooks (thats right, ya girl is not gonna miss an opportunity to talk audiobooks). 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. 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. charlieonnafriday's visit at 96.5 TDY's Artist Lounge. This website uses cookies. Tim Moore exits the SVP/Programming post for Manchester and Portsmouth NH clusters. The company didnt mention the layoffs associated with the reorganization, but Billboard reported Tuesday that one staffer described it as a bloodbath. RadioInsight compiled a list of dozens of iHeartMedia employees who lost their jobs in the corporate reshuffling, including on-air talent, producers and management at stations across the country. 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. They are not authored by Glassdoor. Keeler also hosted the 12pm Throwback Lunch on Alternative Channel 93.3 KTCL. On April 24, 2020, North Jefferson News in Gardendale, Alabama, announced it was merging with sister paper The. Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. Our website provides local and national news, radio show podcasts, contests, local weather, events and concerts. FAQ - New Privacy Policy. The largest radio conglomerate in the country, iHeartMedia , , https://www.washingtonpost.com/technology/2020/01/31/iheartmedia-radio-artificial-intelligence-djs/, Jan 31, 2020 iHeartRadio spokeswoman Wendy Goldberg declined to make executives available for comment or provide a total layoff count, saying only that the , Layoffs at iHeartMedia drive out ace traffic reporter Bart Shore, Jun 9, 2022 Shores departure coincided with a wave of layoffs this week at iHeartMedia radio stations nationwide. Billboard is a part of Penske Media Corporation. The 100 Best Albums of 2022. Responsible for pulling cuts, posting on social media, making scripts and voicers . Now, we dont do that either.. Mychal Maguire exits the PD post at Hip Hop WBTP (95.7 The Beat). That is good news for Spotify, which has bet big (if not podcasting-big) that audiobooks are the next big-revenue vertical. They do not offer fair pay wages that are conducive to the talent or the market. 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. tides equities los angeles . - 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. 1. Original Report 6/8: A round of position cuts is underway at iHeartMedia this week. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. Courtesy of iheartmedia . 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 . 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. Bee previously has hosted mornings and nights at WOWI and has mixed at WXYV Baltimore, WBTJ Richmond and SiriusXM. The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country. (See table 8.) Also, there is not a union to support employees for equal and adequate pay. 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. Components of separations by industry 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. 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 Bart Shore exits as a traffic reporter for Total Traffic & Weather Network and weekend host at AC WLIT (93.9 Lite FM). 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. Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. Were a little short on data, but you can help. 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. Today's $200 million plan comes after the company announced $50 million in savings early . iHeartMedia is in the midst of another road of layoffs. Home of Traffic and Weather Together on the 3s. The Anniston Star had one layoff, one early retirement and one employee stepped down. Having problems? Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. You may get shitstorms on social media. 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. The majority of the cuts were inflicted on smaller markets size-30 and under, according to Del Colliano. By continuing to use this website you are giving consent to cookies being used. 49% of iHeartMedia employees would recommend working there to a friend based on Glassdoor reviews. Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. 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 . Is AI to blame? I would say if you're going to get an offer, please negotiate this hard. 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. According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. It has reportedly caught the eye of antitrust officials with its not-yet-official plans to buy the radio giant. iHeartMedia Cuts Continue by Lance Venta June 22, 2022 0 The layoffs across the country at iHeartMedia are still ongoing. As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. Cumulus Just Screwed Itself . P!nk on fighting for what's right, being over your feuds, and why performing is therapy. Jerry Del Colliano in the online newsletter Inside Music Media put the number of iHeartMedia broadcast engineers cut at 39 as of Friday, with some of them expected to continue as contract help at stations. iHeartMedia announced to investors today a plan to cut up to $250 million from its expenses for 2020. The entire environment is toxic and negative, no one (besides sales since they rule all things) is happy and everyone is treated like absolute garbage. You will be away from home quite often. In the process, the company became a ripe target for a takeover bid. local news and culture, Michael Roberts 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.. 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. Now, it appears that Sarah van Mosel is no longer the executive vice . 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. Reactions: im4cyclones , beentherebefore and Doc Robbie Rose and John Scott remain in mornings. Jacksonville Spreaker, which was previously only available to paid customers through plans ranging from $8 to $250 per month, now offers a free basic tier. Ability to work under stressful conditions and strict deadlines 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! 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. By Ben Miller - Staff Reporter, Feb 17, 2021. iHeart Media Inc. said it's buying Triton Digital of Los Angeles from The E.W . 2018. . 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. Head of iHeart Audience Network is out as podcast revenues slow. Moore joined the company in 2012 as Program Director for their Portsmouth stations and rose to his now former role in 2015.