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. While only a handful of names are listed, there are many others that for multiple reasons have not yet made their departures public. iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2021. 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. 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. Make a one-time donation today for as little as $1. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. Bart Shore departs as a traffic reporter for Total Traffic & Weather Network and weekend host at AC 93.9 Lite-FM WLIT. iHeart Media have announced cuts in hope of saving $250m. Townsquare's Major Expansion . Ill see you Tuesday. 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." Robbie Rose and John Scott remain in mornings. The Atlanta based Houston was also a member of the National Programming Team and had previously programmed WPOC Baltimore and WEBG Chicago and had a previous six year stint programming WBWL and two tenures on-air at WUBL Atlanta during his fifteen year run with the company. IHeart emerged from Chapter 11 in early 2019, shaving $10 billion off its debt. 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. 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. I got a lil iHeart scoop for you guys to start the weekend, plus some positive findings from the latest Infinite Dial report. Price previously hosted mornings on sister AC Mix 98.9 WMXY with his tenure at the company beginning in 2001. Enter Liberty Media, which owns controlling. Quotes displayed in real-time or delayed by at least 15 minutes. 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. Jordan JRDN Foster exits as night host at CHR WKSC (103.5 Kiss FM). 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. 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. 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. Radio still touches so many lives: Its free, and its particularly important to low-income communities, communities of color, who are less likely to be on the internet, so their opportunities to access news and information are much more limited. 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. 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 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.) Today's $200 million plan comes after the company announced $50 million in savings early . Theyll still be able to suggest songs. Ability to work under stressful conditions and strict deadlines I heard theyre gonna go with their national music logs across the board. I think the majority of these stations will be centrally programmed, agrees the other former employee. JRDN joined Kiss-FM in 2015 and was promoted from overnights and fill-ins to evening host in October 2019. 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. The move comes at a time when the company is anxious about growth. At least 6,154 news organization workers, which includes both editorial and non-editorial staffers, were laid off beginning March 2020 through August 2021. We heard a lot of different rumors, including talk about automating certain markets depending on the revenue [they generated].. The Anniston Star had one layoff, one early retirement and one employee stepped down. You will see many bad things while being a journalist. Home of Traffic and Weather Together on the 3s. This further decreased ad revenue, which meant even more layoffs and/or more consolidation. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. 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. Also, the term diversity is used as propaganda, and could possibly be a goal of the company, but not something that is necessarily practiced within the company. Read employee reviews and ratings on Glassdoor to decide if iHeartMedia is right for you. [iHeartMedia is] very much convinced that the local aspect of radio is no longer important., Related 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. Lance Houston exits the PD post at Country WBLW (101.7 The Bull). 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 That is good news for Spotify, which has bet big (if not podcasting-big) that audiobooks are the next big-revenue vertical. 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 January 17, 2020. Cost of living is considerable more and we're all struggling, we don't care about how great we're doing *for you and your bank accounts. 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 . Moore joined the company in 2012 as Program Director for their Portsmouth stations and rose to his now former role in 2015. Mychal Maguire exits the PD post at Hip Hop WBTP (95.7 The Beat). While layoffs have been dominating news cycles lately, Workday is moving in the opposite direction. radioinsight.com From the money earned through that tool, Spreaker takes a 40 percent cut. Listen to live radio! 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. iHeart Media buys L.A.'s Triton Digital from Scripps for $230 million. 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. Feb 17, 2021 10:10am PT iHeartMedia to Acquire Audio Ad-Tech Firm Triton Digital From Scripps for $230 Million By Todd Spangler Triton Digital As E.W. iHeartMedia laid off a number of employees this week. Each site continues to compile ongoing lists. You can unsubscribe to any of the . This rating reflects the overall rating of iHeartMedia and is not affected by filters. IHeartMedia, which describes itself as the number one audio company in America and owns more than 850 radio stations, announced the reorganization as a way to group its markets by common needs and characteristics into three divisions. Active social media presence. In 2017, the FCC succeeded in getting rid of the main studio rule, meaning that stations were no longer required to maintain a studio or any staff near the location of their broadcast license. Massive Layoffs At iHeart Media. Lack of support for new hires. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Available to work on a flexible schedule That is a truly respectable number, but perhaps their expectations were set high because of the 148 percent growth the segment experienced in 2021. 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. Is AI to blame? 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. 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.. Kennedy joined the company as morning host on Hot AC 100.5 The Drive WDVI in 2012 after 20 years at CHR 97.9 WPXY and three years in middays at Variety Hits 98.9 the Buzz WBZA. In the process, the company became a ripe target for a takeover bid. IHeartMedia emerged from bankruptcy last year after seeking protection to reduce its debt by more than $10 billion in 2018. 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. The 100 Best Albums of 2022. One employee who lost a job Tuesday said the station cut just about all the on-air talent except for the morning show. iHeartMedia has announced its Q4 financials, reporting $1.13 billion in revenue. Sorry. Listeners expressed their outrage on Twitter after learning that some of their favorite radio personalities had been let go. The future of this company is in shambles, financial statements tell you all you need to know! Proven work experience as a news anchor Listen To The Most Popular Podcasts On iHeartRadio! The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country. 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. 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! Joey Morona, cleveland.com CLEVELAND, Ohio -- Cleveland radio has been impacted once again by layoffs at iHeartMedia. Broad knowledge of local, national and international affairs (e.g. Sources tells us the RIF will be hitting programming, on-air, and digital departments, once an area of growth, across the country. Paying more for less/worse content drove even more readers away. While free isnt normally the best way to make more money, podcasters who subscribe to the free tier also have access to Spreakers monetization tool. No bonus or stock options. It just doesnt take a lot of money to do that the source says. 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. Their influence has gotten less and less. 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. At least 100 U.S. news organizations have closed throughout the pandemic, although 14 of those same outlets have since resumed operations to varying extents. 2021. Cumulus Media, iHeartMedia Horrible office culture and new management. Tim Moore exits the SVP/Programming post for Manchester and Portsmouth NH clusters. According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. Head of iHeart Audience Network is out as podcast revenues slow. 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). Jerry Schemmel, the play-by-play voice of the Colorado Rockies, is among those who were laid off by iHeartRadio in Denver. Find out more about salaries and benefits at iHeartMedia. In November, iHeartMedia reported it took in more than $1.6 billion in broadcast-radio revenue during the first nine months of 2019, . So far we have heard of dismissals from programming, on-air, and digital departments across the country. As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. 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. He was also the station's Sr. Vice President of Programming. 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. By continuing to use this website you are giving consent to cookies being used. Its not cause they dont want to theyre told not to. - 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. As the company stated in Thursday's annual earnings. So He Built His Own, A Breath of Fresh Air: How Giveon Became R&Bs King of Warmth, It Started as a College Project. All Rights reserved. iHeartMedia was able to wipe away much of its local presence thanks to a recent decision made by the Federal Communications Commission. 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'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. 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. All rights reserved. Mychal Maguire departs as Program Director at Hip Hop 95.7 The Beat WBTP after seven years. (Many declined to comment, citing the same reason.) 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. Normal Gossip lands at Radiotopia and Spotify ditches the heart button. The small cuts to the product when times were good had already push some away. 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. Toni Foxx exits The Big Show in mornings at Country WQIK (99.1 WQIK). Amazon Pauses Construction on Second Headquarters in Virginia, Emilia, Big One & Callejero Fino Earn First No. 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. . Another area that saw significant growth? Audiobooks (thats right, ya girl is not gonna miss an opportunity to talk audiobooks). iHeartMedia Layoffs Continue Across Multiple Radio Markets Here's the Latest : Apr 14, 2020: iHeartMedia Aims to Save $200 Million This Year Via Pay Cuts, Furloughs, Other Reductions . 2023 FOX News Network, LLC. 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. CEO Bob Pittman said Q4 was iHeart's best quarter for revenue and adjusted earnings in company history. 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,. I'm doing the job of about 7 people and getting paid exactly what I was in 2013. Rochester, New York, United States In charge of producing the WHAM Morning News. 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%. Jun 15, 2022 A radio DJ heard at multiple stations in Upstate New York is gone from the airwaves after the latest round of iHeartMedia layoffs . Were a little short on data, but you can help. Its main competitors . 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. In addition, subscriptions rates were increased. Powered by Vipology, on JVs Family, Colleagues Facing Hard Reality, on Bardin Joins WMG As Pres. iheart layoffs 2021. Have a great weekend! Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard.