iheart layoffs 2021

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. Average Song Length Nose Dives . Its an exciting time at iHeart as we launch our new markets group structure to capitalize on our unparalleled reach and groundbreaking technology to create one-of-a-kind platforms and services for our employees, partners and listeners, Greg Ashlock, president of iHeartMedias markets group, said in a press release. So it doesnt matter who does it next they wont be as bad as iHeart, because it wont be unprecedented., The former on-air host acknowledges that local radio was already greatly reduced from its heyday. 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. 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. Sources tells us the RIF will be hitting programming, on-air, , https://www.rollingstone.com/pro/features/iheartmedia-mass-layoffs-937513/, Jan 15, 2020 iHeartMedia laid off a number of employees this week. Another area that saw significant growth? The cuts were made shortly before iHeart disclosed 2022 earnings, in which they reported 42 percent growth in podcast revenue over the course of the year. 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. 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." Their influence has gotten less and less. The layoffs seemed to particularly anger listeners of the Des Moines, Iowa sports station KXNO. Before joining KBCO in 1997, Hart worked at multiple stations in Colorado Springs and Portland OR. The largest radio company in America cut a number of employees this week, dealing a blow to local radio across the country. Now layoffs were inevitable because of lost profits. As the CEO of the company, Bob will voluntarily take no salary for the remainder of the year and has given up his annual incentive . Tampa It has been 10 years since my last raise, I've asked and been told no. In the process, the company became a ripe target for a takeover bid. 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,. 2019 Annual Report PDF Format Download PDF 1.19 MB. He did not specify what that would entail, but I will be curious to see who takes van Mosels spot and how iHeart will shift its strategy to regain that growth. 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. Ive seen this coming, agrees DJ Sab, who lost his radio role in Cincinnati. You may become a public figure. 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. The 500 Greatest Songs of All Time Price previously hosted mornings on sister AC Mix 98.9 WMXY with his tenure at the company beginning in 2001. Can I Be Laid Off While On Workers Compensation? The culling has begun, wrote one member of a Facebook group for people in radio. Head of iHeart Audience Network is out as podcast revenues slow. 49% of employees would recommend working at iHeartMedia to a friend and 45% have a positive outlook for the business. 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. 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. 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. He has also worked in Shreveport, Charleston and Killeen TX. In March, Pittman surrendered his remaining 2020 salary and senior management took pay cuts between 30-70 percent. Hart also tracked nights on KBCO and served as an anchor/reporter for KOA. DJs blame the executives. 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. 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. 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. Recession Plans at the Big 3 Radio Groups. 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. This material may not be published, broadcast, rewritten, or redistributed. 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. 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. Now Its the Music Industrys Hottest Recommendation Tool, prevent the FCC from doing away with local-ownership caps, Report: Sony Music Knew Of Australia Workplace Abuse Allegations For Decades, Kenny Beats Wants to Teach You About the Music Biz, BMG's CEO Has a Grand Idea for the Music Industry: Don't Screw Over Artists, Another Blockbuster Deal: Tina Turner Sells Entire Catalog to BMG, The National Stay Up Late to Perform 'Tropic Morning News' on Fallon, David Lindley, Multi-Instrumentalist Who Shaped the Sound of Soft Rock, Dead at 78, Suki Waterhouse Won't Take Romance for Granted on New Single 'To Love', Travis Barker Says His Finger Ligament Surgery Was a 'Success' After Postponing Blink-182 Tour. Among the people whose departures have been made public so far are: Lance Houston exits as Program Director of Country 101.7 The Bull WBWL. Well it finally happened. 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. 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. Speaking of iHeart finding new ways to make money, its podcast publishing tool Spreaker is going for the Anchor play. radioinsight.com At least 6,154 news organization workers, which includes both editorial and non-editorial staffers, were laid off beginning March 2020 through August 2021. Amanda McGraw Burd exits as Program Director/afternoon host at Country 102.7 The Wolf KHGE Fresno and Program Director of Alternative 106.1 KRAB Bakersfield, Country 92.9 The Big Dog KOSO Modesto, and 107.1 The Bull K296GB Sacramento. 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.) Powered and implemented byFactSet Digital Solutions. Paying more for less/worse content drove even more readers away. 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. This website uses cookies. 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." 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. iHeart's role in all of this, yes iHeart! iHeart Cuts Exec Salaries, Furloughs Employees March 30, 2020 March 31, 2020 kevincarter iHeartMedia . As in previous years, that rate was a good chunk higher amongst men than women 46 percent of men reported listening to a podcast in the last month, compared to 39 percent of women. 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. Back in January 2020, prior to the start of the COVID-19 pandemic (which prompted furloughs in Colorado months later), as. Listeners expressed their outrage on Twitter after learning that some of their favorite radio personalities had been let go. iHeartMedia laid off hundreds of radio DJs. 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. I got a lil iHeart scoop for you guys to start the weekend, plus some positive findings from the latest Infinite Dial report. Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. The layoffs come as Rolling Stone reported Tuesday iHeartMedia's two contemporary-hit radio stations in the top two markets (New York and Los Angeles) refused to play songs from Korean boy band BTS and Lil Nas X despite their successful chart runs because the songs were - and I'm paraphrasing here - "not white enough", harking back to the As layoffs roil the industry, from Spotify to NPR, iHeart Media is not immune. Gail Austin is out as Program Director and midday host at Country 93.7 The Bull KSD-FM. 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. Mychal Maguire exits the PD post at Hip Hop WBTP (95.7 The Beat). With more than 860 live broadcast stations in 153 markets across America, there's an iHeartRadio station where you live. 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). iHeartMedia Initiates Another Round of Staff Layoffs, More Layoffs Happening At iHeartMedia DMS, The Culling Has Begun: Inside the iHeartMedia Layoffs. iHeartMedia laid off hundreds of radio DJs. 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. iHeartRadio (often shortened to just "iHeart") is an American freemium broadcast, podcast and radio streaming platform owned by iHeartMedia. We are thrilled to partner with SeeHer for the third year in a row on International Womens Day to produce a special that not only shares the incredible, eye opening stories of leading women in the music industry, but will also inspire other women to take that leap and pursue a career they are passionate about." Ive seen the writing on the wall for a long time, Ledyard says. 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. Amazon Pauses Construction on Second Headquarters in Virginia, Emilia, Big One & Callejero Fino Earn First No. - 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. 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. The festival will also be broadcast live on iHeartMedia radio stations throughout the country across more than 150 markets. You must have JavaScript enabled to fill out this form. Are Older Listeners the Key to Unlocking Streaming's Growth Amazon Pauses Construction on Second Headquarters in Virgini Emilia, Big One & Callejero Fino Earn First No. across the board and even if you get a promotion does not mean you will get a pay raise, Coming soon! 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. Dont expect a raise either. Spokespeople for iHeart and Townsquare wouldnt comment, but Borrell believes iHeart is expanding its focus to sell advertising nationally, while Townsquare remains locked in on local advertisers in each of its markets. Townsquare's Major Expansion . Scripps exits the podcast sector, radio. Pros & Cons are excerpts from user reviews. 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 You can check out the full report on Edisons website. More people who have gone public with their departure have been added to the list below. Reports: iHeartMedia Makes Cuts to Engineering Staff https://www.radioworld.com/news-and-business/headlines/reports-iheartmedia-makes-cuts-to-engineering-staff Mar 3, 2021 Its modernization initiative has resulted in layoffs in programming, sales and engineering, according to those familiar with the developments. iHeartMedia is in the midst of another road of layoffs. 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. Also out is Total Traffic And Weather/Chicago traffic reporter Bart Shore. The cuts come as the company continues to implement operational changes that began in the wake of the widescale cuts of January 2020. Billboard is a part of Penske Media Corporation. Cumulus Media, iHeartMedia 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. Radio 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. The layoffs across the country at iHeartMedia are still ongoing. Brian Price exits as afternoon host at Classic Rock 93.3 The Wolf WNCD and Creative Production Designer for the National Programming Group. 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. It is the holding company of iHeartCommunications, Inc. (formerly Clear Channel Communications, Inc.), a company founded by Lowry Mays and B. J. iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2021. Lo 30 Hi 44. "Red" McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners through a leveraged buyout in 2008. This rating has improved by 3% over the last 12 months. Our people are our companys most important asset, iHeartMedia continued, before announcing that a number of those crucial assets were about to be cut, and inventing a new euphemism for layoffs in the process: There will be some employee dislocation some by geography and some by function which is the unfortunate price we pay to modernize the company.. [The total number] is definitely in the hundreds. He suspects its the biggest reduction in force since the one they did in 2009 [when iHeartMedia, then known as Clear Channel, laid off more than 2,000 employees]. Jerry Del Colliano, a veteran of the airwaves and professor in the Music Business Program at NYU Steinhardt who writes frequently about the troubles of radio, believes the number of layoffs will top 1,000. 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. Join my witness protection program -- report Newstips here. New York, N.Y. - June 16, 2021 - iHeartMedia today announced the lineup for the 2021 iHeartRadio Music Festival, the annual legendary concert event on Friday, Sept. 17 and Saturday, Sept. 18 at Las Vegas' hottest entertainment venue, T-Mobile Arena, and its Daytime Stage at the iHeartRadio Music Festival on Saturday, Sept. 18 at the new . According to Radio Insight, Jeremy Newman is expected to stay with iHeartMedia, hosting afternoons at Country 100.5 (WDVI-FM) in Rochester. New hires are there to farm 1-2 big accounts, after the base salary is taken away (6months) you are left having to leave and those accounts are given to veteran sellers. You can unsubscribe to any of the . They most recently attended, or will attend, Cannes Lions International Festival of Creativity 2021 on Jun 21, 2021. Late last Friday, word began rapidly circulating about numerous high profile personnel cuts within Beasleys on-air and programming ranks. Most artists want to hear their song on the radio. 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. 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, . 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. Chris Williams exits as co-host at Sports 1460 KXNO and 106.3 KXNO-FM. 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. Proven work experience as a news anchor AJR's Visit at 96.5 TDY's Artist Lounge. 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. Then they rinse and repeat with new hires iHeartMedia has an overall rating of 3.2 out of 5, based on over 2,430 reviews left anonymously by employees. Wed. The nation's largest owner of radio stations began notifying affected. So far we have heard of dismissals from programming, on-air, and digital departments across the country. Others will say, Hey, we cant operate in this world with a program director. , In fact, iHeartMedias move gives other radio chains cover if they want to pursue the same strategy. Now, it appears that Sarah van Mosel is no longer the executive vice president of the iHeart Audience Network after less than a year in the post. Cannes Lions International Festival . 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. Radio 95.1 - Rochester, NY - Home of Brother Wease, Rizzo & Jeff, Rover's Morning Glory at Night and The Bob and Tom Show Please enter your username or email address to reset your password. 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. Maguire previously served as SVP/Programming for iHeart Montgomery AL, Director of Urban Programming in Maco and PD of WPHH Hartford for the company. Verify your email to use filters. According to anonymously submitted Glassdoor reviews, iHeartMedia employees rate their compensation and benefits as 2.7 out of 5. iHeartMedia, Inc. . Ability to improvise in a live on-camera setting 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. 2023 FOX News Network, LLC. Every effort will be made to keep communication between us secret and confidential. Spence joined the cluster in 2016 after programming the companys Talk and Sports stations in Hartford and New Haven CT. Theyre getting a lot of mileage out of their existing content. 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. 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. Market data provided byFactset. 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. Available to work on a flexible schedule tides equities los angeles . Tell Alexa To "Play WRKO On iHeartRadio!" Read Kuhner's Weekly Columns. 6:28AM. Boston, MA Weather. P!nk on fighting for what's right, being over your feuds, and why performing is therapy. Effective communication and interpersonal skills Find out more about salaries and benefits at iHeartMedia. Newstalk 610 CKTB (CKTB-FM) is Niagara's NewsTalk Leader. Robbie Rose and John Scott remain in mornings. Gen Z are true digital natives and the most tech-savvy generation. https://www.syracuse.com/entertainment/2022/06/syracuse-rochester-radio-dj-mayor-pete-kennedy-out-after-iheartmedia-layoffs.html. 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. According to Edison, 35 percent of respondents said that they have listened to an audiobook in the past year, up from 28 percent in 2022. 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. 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! Rochester, New York, United States In charge of producing the WHAM Morning News. We heard a lot of different rumors, including talk about automating certain markets depending on the revenue [they generated].. Comfortable yet professional presence on camera Reports: iHeartMedia Makes Cuts to Engineering Staff, Syracuse, Rochester radio DJ Mayor Pete Kennedy out after , Pete Kennedy, The Mayor, among those let go in iHeartMedia , Three Architects of Denvers iHeart Radio Empire Are Out, iHeartRadio Layoffs During Pandemic Show Its Challenges , Can You Be Laid Off While On Medical Leave, Can A Company Find Out If You Were Laid Off, Can You Say You Were Laid Off Instead Of Fired, Can You Go On Disability After Being Laid Off, Can You Be Laid Off While On Short-Term Disability. Every Tuesday receive analysis, insights, and commentary on the growing podcast industry. Youll gain a lot of experience and knowledge that youll be able to take to your next job. 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. By continuing to use this website you are giving consent to cookies being used. Twitter announced a new policy prohibiting "violent speech" on Wednesday, March 1, 2023, though overall it sounds very similar to the rules against violent threats it had on the books long before Elon Musk took over. CEO Bob Pittman said Q4 was iHeart's best quarter for revenue and adjusted earnings in company history. Thats the saddest part., A daily briefing on what matters in the music industry. Our nine division presidents bring a complementary portfolio of knowledge, leadership and diverse functional expertise that will position us well as we continue to transform and modernize as the leader in the audio space.. Great work life balance, caring bosses, learning a lot, wonderful work family, work from home. 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.. YouTube revealed its big podcast plan, Spotify talked audiobooks, and Decoder had its first live show. Liberty, which owns SiriusXM satellite radio, also has a 4.8 percent stake in iHeart. Newstalk 610 CKTB is an iHeartRadio station. 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. Reactions: im4cyclones , beentherebefore and Doc ET: iHeartMedia issued a statement to Billboard saying, Our goal is to provide our listeners with the best listening experience they can find anywhere including improved locally-focused programming. https://www.democratandchronicle.com/story/news/2022/06/17/pete-kennedy-the-mayor-rochester-ny-radio-host-among-those-let-go-iheartmedia-cuts/7657086001/. 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. Now, everything going out over those airwaves could be made in New York and beamed in from afar. iHeartMedia laid off a number of employees this week. 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. 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. 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. 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. Listen to live radio! Its main competitors . to get free tickets to concerts and music events. iHeartMedia, which controls more than 800 radio stations and paid its CEO more than $14 million in 2017, declined to comment on the specific number of layoffs. Shore previously spent seventeen years as a traffic reporter for News 780 WBBM and earlier in his career programmed KRNA Iowa City.

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iheart layoffs 2021