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Monday, March 27, 2023

[New post] Reflecting on the 2023 BSM Summit

Site logo image Jason Barrett posted: " One of the best parts about the world of sports is that every season ends with one team being crowned champion. It doesn't exactly work that way managing a media company, even though we invest the same amount of time leading up to the BSM Summit, our equ" Barrett Media

Reflecting on the 2023 BSM Summit

Jason Barrett

Mar 27

One of the best parts about the world of sports is that every season ends with one team being crowned champion. It doesn't exactly work that way managing a media company, even though we invest the same amount of time leading up to the BSM Summit, our equivalent of the Super Bowl or WrestleMania.

Having had a few days to recover and reflect after last week's Summit in Los Angeles, I know that what we did last week was special. I'm a perfectionist and have a hard time patting myself on the back because I know there's plenty we can do better, but last week, we hit a homerun. The venues at USC were perfect, the signage was spectacular, the tech ran well, the speakers were awesome, the crowd was great, and the sponsorship support was outstanding. It's the first time I've walked away from an event and felt we accomplished what we set out to do. If time allows, check out Garrett Searight's piece on some of the key takeaways from the show.

In 2018, Mitch Rosen invited me to utilize his space at Audacy Chicago to take a shot at trying to execute an event for PDs. Now here we are five years later with a few hundred people joining us from all across the industry. It's pretty incredible. We're only successful because a lot of people have come together to make sure we are. Without the speakers, sponsors, and staff around me stepping up to get things done, I'd just be a guy with an idea incapable of executing it.

In the next week or so we'll have video clips hitting the BSM social media pages. I'm also planning to make full sessions available via on-demand for free for those who attended the show in California. If you didn't come to the event and want to watch it online, it will be available for a small fee. Stay tuned for further details.

What matters most to me with the Summit is that folks in the room get something out of it. I thought many of our speakers delivered a ton of value this year, and there were a few WOW moments along the way as well. Al Michaels and Jay Glazer's speeches immediately come to mind, and Shawn Michaels' session was outside the box and well received. I know networking is important for folks but if you can get face time with others, meet your heroes or folks you admire and pick up some ideas and insight in the process to elevate your business, I'd like to think that makes it a worthwhile trip.

As crazy as it may sound, I step away from each of these events asking my team 'is that the last one?' I know I can create and execute a great conference, and I enjoy doing it, but I also don't want to invest eight months of time building a show that becomes predictable and stale. It's why I change speakers and topics frequently. This year's lineup was phenomenal, and I'm so pleased with who we featured on stage and had in the room, but the competitor in me will also look back and say 'Bill Simmons, Ice Cube and Lincoln Riley Should've Been On Stage Too!'

If we do host an event in 2024, it will take place in either Boston, Chicago, Dallas or New York. You can cast your vote on BSMSummit.com.

I want to thank everyone who stopped me last week to tell me how much they enjoy this event. That support means a lot. I think Good Karma Brands broke a record with 20+ employees in attendance, and iHeart was also well represented, which was great to see. I was also excited to have 15-20 college students in the room. The more we can educate the next generation, the better it is for all of us. I also was thrilled to learn a few of our partners and attendees made time to arrange further business conversations. If two groups can help each other, that's what it's all about.

But as much as I love my radio brothers and sisters, I've noticed more folks showing up the past two years from areas outside of sports radio. That's both exhilarating and concerning. This year we had folks in the room from WWE, Amazon, The Volume, Omaha Productions, Dirty Mo Media, Barstool Sports, Spotify, Blue Wire, Locked On, BetRivers, etc.. I hope that trend continues because sports media is a lot larger of a business than sports radio. As I told the room, we're not in the radio business, television business, audio or video business anymore, we are in the content business. That covers a lot more ground for brands than focusing on one specific platform.

I've been on cloud nine for a few days because overall, this went as well as I could ask for. If there's one thing I'd like to make better it's that I hear from a lot of folks throughout the year who say they want to learn, meet new people and give themselves a competitive edge yet when an event exists that can help them do that, they're not in the room. Some of my radio friends didn't come because they weren't asked to speak. Others said they couldn't make it because their company wouldn't cover the costs. A few said they thought the event was only for programming people not managers or sellers.

First, growing and selling an audience should matter to everyone not just programmers and hosts. GM's and Sales Managers can gain a lot at this show. I hope that changes in the future. Second, I can't tell you whether or not to prioritize attending but groups outside of radio are passionate about sports audio and video, and they're finding ways to be in the room. At some point, you have to decide if investing in knowledge, ideas and relationships matters to you and your business. Not everything is going to be covered by your employer especially when the economy isn't strong.

Many of you reading this website know my track record in the radio industry. I built my career in radio. My passion for the business remains strong. I consult brands all across the country, and root for the industry's success. It's why I sink my heart and soul into this event and share all that I do over two days because I want to help people grow their businesses.

So it's strange that over the course of four live events I've still not had one current radio CEO sit down for an in-depth sports media business conversation. It'd be one thing if they were pitched and I turned them down but that's not the case. I've had great conversations and support outside of radio from Jimmy Pitaro, Eric Shanks, Erika Ayers, and John Skipper. Jeff Smulyan has been an huge supporter taking part in our awards ceremony, and we've had other high ranking TV executives in the room watching the show. Maybe things will change in 2024 but whether they do or don't, I'm going to stay focused on those who gain value from our two days together, and continue challenging this industry to think and act differently.

Now that the 2023 BSM Summit is over, my focus shifts to supporting my clients and gearing up for a massive challenge, hosting our first BNM Summit for news media professionals. The conference will take place in Nashville, TV on September 13-14 at Vanderbilt University. I'll be announcing a number of speakers in April after the NAB. Tickets will go on sale at that time too.

I know this won't be easy but I tend to do my best work when I'm under pressure. This is a space I have passion for and feel I can add something to so there's only one thing left to do, get to work, and put together the news media equivalent of what we just created for sports media professionals last week in Los Angeles. That may be a tall order but if anyone is ready to meet the challenge head on, yours truly is certainly up to the task.

Thanks again for a spectacular time in Los Angeles. Onward and upward we go!

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