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. Sure, you can market digitally, you can market online, you can run an ad and it shows up on Facebook. Another area that saw significant growth? Spreaker is currently the third-most-used podcast host, according to Livewire Labs, but far behind leaders Buzzsprout and Anchor. Components of separations by industry Courtesy of iheartmedia . iHeartMedia laid off hundreds of radio DJs. Is AI to blame? - The You will live in constant fear of losing your job and be abused by the sales staff and sales management, no joke, ABUSE. He was also the station's Sr. Vice President of Programming. It has been 10 years since my last raise, I've asked and been told no. As the company stated in Thursday's annual earnings. iHeart Cuts Exec Salaries, Furloughs Employees When iHeart Media acquired several Boston radio stations in 2017, it was known that the company would need to make massive cuts at some point to deal with its multi-billion dollar debt. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. 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. iHeartRadio Replaces Hundreds of Workers With 'Technology and AI' Earle Augustus exits as morning co-host on Adult R&B V101 KJMS and afternoon host on R&B Oldies 1070 WDIA. That said, we recognize that the loss of any job is significant; we take that responsibility seriously and have been thoughtful in the process, the spokesperson said. DOWNSIZING - RAMP - Radio and Music Pros 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 festival will also be broadcast live on iHeartMedia radio stations throughout the country across more than 150 markets. May 17, 2021 Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs A Wells Fargo analyst has predicted the largest "reduction in U.S. bank headcount in history." 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. New Hampshire Newstalk 610 CKTB is an iHeartRadio station. Van Mosel is a longtime podcast revenue executive, having held top spots at New York Public Radio, Acast, and Stitcher, and she was seen as a big get for iHeart when she joined last year. NewsTalk 610 CKTB | News - iHeartRadio iHeartRadio owner lays off dozens including popular hosts Of Technology, on Saga Snags Schulze As Director, E-Commerce, on Laden Named News Director, AM Anchor, WABC, on Pratt Upped To APD At Praise Charlotte, on Audacy Denver Launches Front Range Country, Laden Named News Director, AM Anchor, WABC, Audacy Denver Launches Front Range Country, Spotify Restructures, Lays Off 6% Of Force, Beasley Downsizing In Boston, Tampa, More, JVs Family, Colleagues Facing Hard Reality, Saga Snags Schulze As Director, E-Commerce, Mailing Address: 25876 The Old Road #254, Valencia, CA 91381. 2021 iHeartRadio Music Awards: See The Full List of Nominees Workload can be heavy during close, but that's typical for an Accounting position. Neither van Mosel nor iHeart responded to request for comment. We have heard of many in production roles in particular that were let go including a few who held regional or national duties on the commercial production side and on the local digital content teams. iHeartMedia layoffs hit Cleveland radio, again - cleveland.com 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. Keeler also hosted the 12pm Throwback Lunch on Alternative Channel 93.3 KTCL. Layoffs at iHeartMedia drive out ace traffic reporter Bart Shore Cumulus Media, iHeartMedia iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2021. [The total number] is definitely in the hundreds. He suspects its the biggest reduction in force since the one, iHeartMedia, which controls more than 800 radio stations and. iHeartMedia has announced its Q4 financials, reporting $1.13 billion in revenue. You can check out the full report on Edisons website. Tim Moore is out as SVP/Programming for the companys Manchester and Portsmouth NH clusters. In November, iHeartMedia reported it took in more than $1.6 billion in broadcast-radio revenue during the first nine months of 2019, . Scripps exits the podcast sector, radio. 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. Download Our Free iHeartRadio App! 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. According to reviews on Glassdoor, employees commonly mention the pros of working at iHeartMedia to be workplace, coworkers and the cons to be senior leadership, benefits, career development. iHeart cuts engineers | RadioDiscussions Now layoffs were inevitable because of lost profits. JRDN joined Kiss-FM in 2015 and was promoted from overnights and fill-ins to evening host in October 2019. The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country. Audiobooks (thats right, ya girl is not gonna miss an opportunity to talk audiobooks). Theres plenty else to dig into here. That's nearly 44,000,000 Gen Zers every week! Syracuse, Rochester radio DJ 'Mayor' Pete Kennedy out after iHeartMedia June 22, 2022 To help speed this along, wed really appreciate it if you would, This category could use your help. Excellent verbal skills iHeartMedia, Inc. - iHeartmedia, Inc. Reports Results for 2021 Fourth Update: Dozens Lose Jobs at Upper Midwest iHeart Stations 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. It was founded in August 2008. Lo 30 Hi 44. our management team has found ways to reduce our company's expenses without resorting to permanent layoffs. While layoffs have been dominating news cycles lately, Workday is moving in the opposite direction. Lance Houston exits the PD post at Country WBLW (101.7 The Bull). At iHeartMedia, Inc., we promise to treat your data with respect and will not share your information with any third party. Hilton joined the company in 1999 after seventeen years at 101.9 WCLR/WTMX where he hosted middays. Now, it appears that Sarah van Mosel is no longer the executive vice . Tim Moore exits the SVP/Programming post for Manchester and Portsmouth NH clusters. The Two Biggest Pop Radio Stations Barely Played Lil Nas X's 'Old Town Road', In a statement, iHeartMedia said, We will continue to serve every local community in which we operate just as we always have.. Also cut Wednesday was Jordan JRDN , https://www.radioworld.com/news-and-business/headlines/reports-iheartmedia-makes-cuts-to-engineering-staff. https://www.westword.com/news/denver-iheart-radio-stations-cut-kbcos-robbyn-hart-and-more-14378105, Jun 22, 2022 Layoffs have become a regular thing at iHeart , and not just in Denver. By Ben Miller - Staff Reporter, Feb 17, 2021. iHeart Media Inc. said it's buying Triton Digital of Los Angeles from The E.W . 2021 iHeartRadio Music Festival Lineup Revealed: Billie Eilish & More iHeart layoffs hit longtime Philadelphia radio executive, on-air The majority of the cuts were inflicted on smaller markets size-30 and under, according to Del Colliano. As of 2019, iHeartRadio . Though smaller markets seem to be taking the brunt of it, 96.5 KISS FM, Cleveland's Top 40 station, was hit hard. iheart layoffs 2021 - kestonrocks.com 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.) Jerry Schemmel, the play-by-play voice of the Colorado Rockies, is among those who were laid off by iHeartRadio in Denver. Tell Alexa To "Play WRKO On iHeartRadio!" Read Kuhner's Weekly Columns. Thats good to hear! Maguire previously served as SVP/Programming for iHeart Montgomery AL, Director of Urban Programming in Maco and PD of WPHH Hartford for the company. 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. Gayle Troberman, Executive Vice President and Chief Marketing Officer for iHeartMedia. 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. Since the layoffs, they've been inundated with messages .