Ive seen the writing on the wall for a long time, Ledyard says. Moore previously spent 21 years in Portland ME programming AC 94.9 WHOM and CHR Q97.9 WJBQ, and has also worked in Columbus OH and Bangor ME. 49% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. 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. Mar 3, 2021 Its modernization initiative has resulted in layoffs in programming, sales and engineering, according to those familiar with the developments. "People are concerned," says a source at an iHeart station. Some employees began to suspect that cuts were coming last week. CEO Bob Pittman said in a press release Tuesday that iHeartMedias move will allow the company to modernize its operations and infrastructure. 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). Im listening to my favorite station and they didnt need to put a DJ down here in Williamsburg, he says. 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. June 22, 2022 The Seattle-based company is delaying the beginning of construction of PenPlace, the . iHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. Joey Morona, cleveland.com CLEVELAND, Ohio -- Cleveland radio has been impacted once again by layoffs at iHeartMedia. This further decreased ad revenue, which meant even more layoffs and/or more consolidation. I recommend newcomers to work at iHeart. iHeartMedia laid off hundreds of radio DJs. The. Some company like Iheart can come along and buy up companies using a ton of debt. iHeartMedia Layoffs Continue Across Multiple Radio Markets 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. nick@hotpodmedia.comSignal: +1 312-509-5898. Powered by Vipology, on JVs Family, Colleagues Facing Hard Reality, on Bardin Joins WMG As Pres. Ability to work under stressful conditions and strict deadlines Join the Westword community and help support As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. 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. No matter who does it next, iHeart was the bad-guy first, the former employee says. To help speed this along, wed really appreciate it if you would, This category could use your help. How Should RTD Deal With the Drug Problem on Trains? Tuesday's layoffs sent a ripple through the company, as employees' phones started lighting up with texts in the middle of breakfast. Wed. (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." Most artists want to hear their song on the radio. 1. AJR's Visit at 96.5 TDY's Artist Lounge. 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 As of 2019, iHeartRadio . Ability to improvise in a live on-camera setting What was not mentioned at the, Late Wednesday night, as the search for missing KYLD (WiLD 94.9)/San Francisco morning personality Jeffrey JV Vandergrift reached its, Nice to hear from major market pro Riley Couture, who reached out to let us know that she relaunched, Red Apple News-Talk 77 WABC/New York has hired Noam Laden in the multi-faceted role of News Director, host of. Last week, the company laid off at least 10 people in the podcast division, including a handful of hosts and executive producers. Reports: iHeartMedia Makes Cuts to Engineering Staff Wednesday, June 29, 2022. 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. Every couple of years with iHeart or Clear Channel, there were cuts cutting DJs, adding more syndication., Its so clear that deregulation has resulted in these big guys like iHeart running as lean as possible, Gonzlez says. 2021. Sources tell us that revenue projections for the rest of the year are trending downward, which is leading to this round of cutbacks at iHearts local station operations as the company sets their budgets for the rest of the year. iHeart Job Cuts Affect Two Minneapolis Morning Hosts Executives blame AI. Mychal Maguire exits the PD post at Hip Hop WBTP (95.7 The Beat). Radio 95.1 - Rochester, NY - Home of Brother Wease, Rizzo & Jeff, Rover's Morning Glory at Night and The Bob and Tom Show Robbie Rose and John Scott remain in mornings. iHeartMedia laid off a number of employees this week. The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country. (In radio terms, markets are ranked by population; the size-30 market at the moment is Las Vegas, where the population is more than 600,000.) This rating reflects the overall rating of iHeartMedia and is not affected by filters. Spreaker, which was previously only available to paid customers through plans ranging from $8 to $250 per month, now offers a free basic tier. This company will NEVER give you a raise or cost of living increase. 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.. Another round of employee cuts at iHeartMedia last week appears to include reductions in engineering departments at its broadcast operations. Thats the saddest part., A daily briefing on what matters in the music industry. New Hampshire radioinsight.com 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. 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. 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. Ive seen this coming, agrees DJ Sab, who lost his radio role in Cincinnati. Jerry Schemmel, the play-by-play voice of the Colorado Rockies, is among those who were laid off by iHeartRadio in Denver. 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 [iHeartMedia is] very much convinced that the local aspect of radio is no longer important., Related Listeners expressed their outrage on Twitter after learning that some of their favorite radio personalities had been let go. 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. Send us a tip using our anonymous form. Breaking news when it happens. Cost of living goes up, your pay NEVER will. 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%. Excellent verbal skills Now, we dont do that either.. My coworkers, who are equally as miserable but stuck, are very nice. By continuing to use this website you are giving consent to cookies being used. iHeartMedia has begun another round of layoffs after the company's revenue projections for the rest of 2022 are reportedly trending downward. Lo 30 Hi 44. iHeartMedia laid off hundreds of radio DJs. Is AI to blame? - The 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. A top ad executive is out as podcast revenue tapers off. Also out is Total Traffic And Weather/Chicago traffic reporter Bart Shore. Its main competitors . Were a little short on data, but you can help. WRKO-AM 680 - The Voice of Boston They never should have been able to leverage up to $20 Billion but hey, who's counting. Tim Moore is out as SVP/Programming for the companys Manchester and Portsmouth NH clusters. 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. 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. Become a member to support the independent voice of Denver It was founded in August 2008. I dont know how sustainable that is, this source says. The Anniston Star had one layoff, one early retirement and one employee stepped down. San Antonio, Texas Area . Augustus joined the company after a long run at Cumulus 103.5 WRBO where he served as APD and evening host and then Program Director from 2005 to 2018. 3, 2023 at 9:04 AM PST | Updated: 17 minutes ago. Dave Hilton exits as Production Director after 23 years. Join my witness protection program -- report Newstips here. Jun 17, 2022 The conglomerate is in the throes of more layoffs , which this week included Kennedy, whose broadcasting roots run deep in Rochester. Iheartmedia Layoffs - GoLayoffs iHeartMedia Staff Hit With Layoffs Across the Country: 'It's Been a 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. Shore's departure coincided with a wave of layoffs this week at iHeartMedia radio stations nationwide. 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. The small cuts to the product when times were good had already push some away. Weekly podcast listening stats also improved significantly, with 31 percent of respondents saying they listened to a podcast in the past week, up from only 26 percent last year. Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. 2018. . Diversity in Radio Is Vanishing. 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. All Rights Reserved. Workload can be heavy during close, but that's typical for an Accounting position. But just like the recent Cumulus Media bankruptcy, the fact that this is a Chapter 11 means little will change in the radio landscape. Chicago: iHeartMedia Cuts Continue by Lance Venta June 22, 2022 0 The layoffs across the country at iHeartMedia are still ongoing. Billboard is a part of Penske Media Corporation. 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 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. Audacy Check In: Rita Ora on the making of 'You Only Love Me' and the return of 'happy music'. The culling has begun, wrote one member of a Facebook group for people in radio. KXNO/iHeart Layoffs | Page 17 - CycloneFanatic.com 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. 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. Having problems? At iHeartMedia, Inc., we promise to treat your data with respect and will not share your information with any third party. Legal Statement. 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. Augustus also worked in the market at 98.1 WSRR and 98.9 WJZN along with a previous stint at WRBO. You will be overworked and take on so many extra responsibilities with no pay and management is awful. 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.) The move comes at a time when the company is anxious about growth. Market data provided byFactset. Twitter Outage Wednesday Follows Recent Layoffs IHeartMedia also named nine senior executives on Wednesday who will serve as division presidents under the new organizational system. 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. Three Architects of Denver's iHeart Radio Empire Are Out Newstalk 610 CKTB is an iHeartRadio station. iHeartMedia instituted a round of cuts today focusing on engineering departments at its broadcast operations. low pay, understaffed, not enough resources, Hybrid - 2 days in office Free Meals Tue -Thu Free Parking Downtown Off early on Fridays 401K + Health Benefits (high cost) Flexible schedule for doc appts, and such. Horrible office culture and new management. 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. 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" 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. 2020. Liberty, which owns SiriusXM satellite radio, also has a 4.8 percent stake in iHeart. 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. A national round of job cuts at iHeartMedia appears to have reached just about every one of the company's markets in the Upper Midwest, with at least two dozen cuts in the region reported on lists compiled by RadioInsight and All Access. Previously, to get a broadcast license in Sheboygan, Wisconsin, there would have to be a manned studio in town. Sources tells us the RIF will be hitting programming, on-air, and digital departments, once an area of growth, across the country.