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More Layoffs Come to iHeartMedia As Result Of Covid-19

“Widespread layoffs have been commonplace at the radio giant over the years but have come at an accelerated pace during the pandemic.”

Ryan Hedrick

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More layoffs are coming to iHeartMedia. The company’s CEO and COO sent out an email saying that the impact of the pandemic has been “deeper and longer” than originally expected. The news was first reported by All Access

“It is also apparent that as a result of changed work habits and so much work still being done from home, we will not need all the jobs we once had; we will be working in new ways going forward and must align our organization with the future,” the email read. 

Chairman/CEO Bob Pittman and Chief Operating Officer Rich Bressler said the decisions were not made easily and that “they are painful.”

“These are good people who really care about our company, and to lose any is hard.”

iHeartMedia controls more than 800 radio stations and paid Pittman more than $14 million in 2017, according to published reports. In March, Pittman surrendered his remaining 2020 salary and senior management took pay cuts between 30-70 percent.

AllAccess.com

Widespread layoffs have been commonplace at the radio giant over the years but have come at an accelerated pace during the pandemic.

Pittman told Billboard last year that broadcast radio was the “the most misunderstood medium in the world, because very few people look at the facts” and “radio’s been growing.”

Several months ago, the company’s stock plunged from $15 to $7.

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News Radio

Sean Hannity: I’m Honest About My Agenda When So Many in Media Aren’t

“You can be honest about your agenda. Just be honest. People will respect you more.”

Barrett News Media

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A photo of Sean Hannity and his radio show logo

There are often charges from one side of the political aisle to the other about media bias. Sean Hannity believes you can avoid those criticisms if you’re honest about your intentions.

On The Sean Hannity Show Wednesday, the nationally syndicated host argued that while he’s often accused of being just a talking head, he’s a journalist.

“Yes, we practice journalism. And yes, I’m a member of the press, and yes, we do investigative reporting. Yes, we give opinion, but we’re honest about it, unlike the other liars, frauds in the mob and the media,” said Hannity. “We give opinion. They do, but they never admit it or acknowledge it, and claim ‘I’m a journalist.’

“No, you’re not. You’re a left-wing political hack with an agenda. But you can be honest about your agenda. Just be honest. People will respect you more.”

Hannity’s comments came after he reported that Jim Biden, the brother of President Joe Biden, was being deposed before the House Oversight Committee and the House Judiciary Committee as part of an investigation into alleged bribes the President, his son, and brother, received from various foreign and domestic entities.

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News Radio

Bill Handel: Everyone Got Into Our Business Differently

“My way was different. (John) Kobylt’s way, Tim Conway’s was different. It’s just different.”

Barrett News Media

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A photo of Bill Handel and the KFI logo
(Photo: KFI)

In the talk radio space, there are many different origin stories. Some hosts are former politicians, some are former lawyers, and some came to the format after previously working in other genres. KFI AM-640 morning host Bill Handel shared that’s what makes the format great.

“I get up at three o’clock in the morning. I always get up and go read,” said Handel. “I’m reading a biography of Stanley Kubrick. Oh, really interesting, interesting guy, how he got into movies,” said Handel. “It’s always everybody has a different way of getting into movies.

“Everybody has a different way of getting this job. And that is a talk show host. It’s just all different ways of doing it. My way was different,” said Handel. “(John) Kobylt’s way, Tim Conway’s was different. It’s just different.”

Bill Handel — who was born in Brazil before immigrating to the United States when he was five years old — practiced law before ultimately landing a radio show. He now hosts mornings at KFI along with a nationally syndicated weekend show, Handel on the Law.

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Bill O’Reilly: I’m Still Working Because I Need a Place to Vent

Barrett News Media

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A photo of Bill O'Reilly
(Photo: Andrew Harnik | AP)

Bill O’Reilly has had an accomplished media career spanning multiple decades. So it would be natural to question why the 74-year-old is still working. He shared there’s one simple reason for that.

During a discussion with 77 WABC morning host Sid Rosenberg, Bill O’Reilly admitted he puts in too much effort for a man his age.

“I’m working way too hard for an old guy. why am I doing this? It’s really a neurosis. I am neurotic. There’s no doubt,” he joked.

When Rosenberg posited that O’Reilly is “too smart” to sit back and enjoy retirement, the former cable news host argued his career continuing is actually more about continuing to have an avenue to share his opinions.

“I get so annoyed and sometimes even angry at the unfairness of our country, that I’ve got to have a place to vent. That’s why I work. I’m comfortable. I’ve worked hard my whole life. I can do what I want to do. I could go over to Switzerland and yodel. I could just go to Tahiti and do the little fire dance.

“But it gets me so angry, and when I see people like me, from Levittown, from Brooklyn, from the Bronx, wherever, working their butt off to try to improve their state in life and give their family a nice life. And every time they turn around, they’re getting it right between the eyes by the corrupt incompetent people who are running our country.”

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