iHeart Shares Cost-Saving Initiatives
• iHeartMedia, Inc. on Tuesday announced a list of proactive initiatives in response to the currently weak economic environment resulting
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DOWNSIZING
Live Nation Initiates Cutbacks
• The live-entertainment business — the primary revenue generator of the music industry — has been hit especially hard by
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Kane Exits ‘The Kane Show’ & Premiere
• Over the holiday weekend we were surprised to learn that longtime iHeartMedia and Premiere-syndicated personality Kane had been dropped as
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Cumulus Media’s Turn To Make Sacrifices
• Following similar wide-ranging (and painful) COVID-19-related personnel cutbacks announced in recent days by iHeartMedia, Entercom, Beasley, Townsquare and Radio
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Radio One Begins Companywide Cuts
• RAMP has learned that Radio One/Urban One is actively initiating wide-ranging and painful personnel cuts and/or furloughs, much like
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Entercom Cuts (Updating)
• UPDATING: In a Thursday morning staff memo, Entercom Chairman, Pres. & CEO David Field announced that the company is
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Booker Added To Entercom Layoffs
• The list of radio pros laid off or furloughed by Entercom during the COVID-19-generated downturn continues to grow —
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Entercom Announces Layoff, Furloughs, Pay Cuts
• In what is rapidly becoming the sad new reality of our industry, Entercom has become the latest broadcast company
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Beasley Adjusts To New Reality
• Beasley Media Group just released a statement that reads, “Our company, like other broadcasters and our clients, is being
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Downsizing Hits American General Media
• RAMP has learned that American General Media has made some tough cuts — over 30 employees have been downsized between the
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