iHeartMedia makes moves to restructure; layoffs follow

San Antonio-based iHeartMedia Inc. announced a “new organizational structure” for its Markets Group, including leveraging its acquisitions like digital advertising platform Jelli, automated streaming platform RadioJar and podcasting platform Stuff Media, according to a statement released by the company.

According to its website, the company owns around 850 radio stations, including six in the Houston area: Sunny 99.1, 94.5 The Buzz and 93.7 The Beat, as well as AM stations News Radio 740 KTRH,…