Those tougher choices include a severe reduction in non-essential spending and travel, the suspension of matching contributions to employee retirement accounts, and a temporary hiring freeze on non-essential roles across the company. In the note, Pittman and Bressler said macroeconomic factors were “forcing to make tough choices on costs and priorities.” The decision to suspend matching retirement contributions was announced in a memo written by iHeartMedia CEO Bob Pittman and CFO Rich Bressler last week, a copy of which was obtained and confirmed by The Desk on Monday. Radio broadcaster iHeartMedia says it will temporarily stop matching employee contributions to their 401(k) retirement accounts as the company works to reduce expenses amid a downturn in the advertising market. Tonight's performances are certainly going to make the headlines, as a star-studded roster for everyone's taste will take the stage at the 2022 iHeart Radio Music Awards.Īmong the scheduled artists we have Megan Thee Stallion, Jason Aldean, John Legend, Charlie Puth, LL Cool J, Måneskin and Jennifer Lopez.Īccording to the official press release, this year, J-Lo will receive this year's icon award for her impact on pop culture, longevity and continued relevance as a touring and radio force.The San Francisco office of iHeartMedia.
We have all the details about the awards ceremony here! Who's performing on the 2022 iHeart Radio Music Awards?
"I have a special performance for the fans, and the show will have some great surprises throughout the night.
"It's an honor to return to the stage as host of the iHeartRadio Music Awards and bring live music back to fans all over the world as we celebrate our favorite artists," LL Cool J said in an official press release. This year's iHeart Radio Music Awards will be hosted by rapper and actor LL Cool J. Ready for the iHeartRadio Music Awards? One of the music industry's biggest awards show returns tonight for ninth consecutive year, the ceremony is certainly one that music fans can't miss.
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