Connect with us

BNM Writers

A New Media Face for Bitcoin

Sometimes an excellent message is lost because of the messenger. Many in the digital asset space have said Bitcoin suffers from these difficulties.

Published

on

Sometimes an excellent message is lost because of the messenger.

Perhaps the messenger lacks knowledge. Maybe the communication skills are missing. Possibly, the messenger lacks vision or a channel to deliver the message. Or maybe the message can be so darn complicated that it is difficult to distill down to concepts that are easy for normal, non-technical folks to understand.

Many in the digital asset space have said Bitcoin suffers from these difficulties. And some are also now saying that one of their own has grown into the ideal messenger to bring the message to the masses.

“You’ve been absolutely killing it, you’ve been relentless, you don’t let up with the hosts,” said Peter McCormack, the trailblazing host of the “What Bitcoin Did” podcast. “You don’t let them interrupt you. You just came on; I’ve seen two specifically, you’ve come on like a f–king steam train, and some of the best clips I’ve seen of people talking about Bitcoin.”

McCormack was referring to Natalie Brunell, the buoyant host of the Coin Stories podcast, who he welcomed onto his highly-respected program recently.

“I finally feel like I’m kind of in my zone and feel like I am, sort of, I found my calling,” Brunell responded humbly. “I’m really passionate about Bitcoin, and I want to spread the message and use my skills that I acquired over the last ten years to do that.”

Brunell acquired those skills through her early career in journalism, and it was only recently that she made the move full-time into Bitcoin education and programming. Just last week, she helped anchor Bitcoin Magazine’s live coverage of the Bitcoin 2022 Conference from Miami.

“We think you are the best we’ve got to be out there in the mainstream talking about Bitcoin. We think you are the best,” McCormack said.

Going unsaid is one of the most obvious attributes she brings, that of being an eloquent woman in a space dominated by males. Most digital asset hosts openly admit that their audiences skew heavily male, an obstacle they feel the industry will need to surmount to reach the heights many of these insiders foresee.

Regardless of gender, breaking into the mainstream is a challenge for anyone.

“I want to get on more shows. It’s funny; people ask me why haven’t you been on CNBC yet? Why not CNN? You know, it’s hard because, for some reason, Fox Business and some of the other outlets have been more prone to want to discuss Bitcoin, as opposed to some of the other outlets,” Brunell replied. “I’m not a big CEO that purchased Bitcoin on my balance sheet, so I would love to get out there more if I can, and hopefully that’ll happen.”

“But you’re an insider in that world,” the intrepid McCormack responded, alluding to Brunell’s stellar career in media and journalism. “You know how it works.”

“Yeah, a little bit. A little bit,” Brunell acquiesced. “But I still think that Bitcoin, there’s still so much that people just don’t understand, which has been an advantage to me, right? Because if mainstream media got it, I probably wouldn’t be able to do what I’m doing right now and making a career of it. So I feel like I’m kind of running full speed because I got a head start sort of understanding and learning all this myself. But once mainstream media pours in, I don’t know what will happen. They won’t really need me anymore.”

One of the traits that makes Brunell such a well-qualified Bitcoin educator is her deep appreciation for personal freedom. She was born in Poland and immigrated to the U.S. at the age of five, as her parents yearned for the opportunities America offers citizens, regardless of their place of birth.

“My parents have all these stories of what it was like when it was Communist. They really always dreamt of coming to the United States. My mom just had this vision of the American Dream and coming to the U.S.,” Brunell said. “She watched a lot of American films, which I think is why I was naturally predisposed to loving film and T.V. and just media in general. She always had things on, and she loved the old classic Hollywood movies and how they depicted American life.”

With her mother as the driving force, it took 20 years before her family was able to make the move to America and the suburbs of Chicago. When Natalie arrived in an American elementary school, she didn’t know a single person or speak the English language.

“It’s like this feeling when you know you’re different. Everyone kind of thinks you’re weird and doesn’t understand the food you’re bringing to lunch, thinks your language and accent is weird,” she recalled, remembering her early school years as a recently-immigrated student.

She eventually changed her name officially from Natalia to Natalie in an effort to fit in. Financially, there were many challenges in her early days in Chicago. In their first apartment, she and her brother each had their room, while her parents slept on a pullout sofa in the living room. Her family of four shared a single bathroom.

Brunell is bright, engaging, and clearly a “people person,” which helped her assimilate quickly by talking and interacting constantly with friends. Even at her young age, she had the natural talent and desire to communicate and express herself, a skill set that today helps her make the sometimes-complicated topic of Bitcoin seem simple and understandable to the viewers. And not only understandable, but fun and exciting as well!

“I believe that the American Dream shouldn’t be so hard to achieve. I feel like the country was founded on such amazing principles of self-determination and freedom, and we’ve lost that along the way. I’ve always been a believer that if you’re a good person and you work hard, you should be able to achieve the things that you want,” she told McCormack. “And it’s not going to be all equal. We’re not all equal, and we don’t all have the same motivations and desires, but I think you should have a shot, you know.”

“I think certain types of journalists are predisposed to understanding or getting Bitcoin straightaway,” McCormack complimented Brunell. “I think there’s two types of journalists – they get it, or they want to fight it. There’s no middle ground, and the ones that want to fight it are usually shitty journalists who don’t do the proper research. The ones who get it, they suddenly just want to work on it.”

Brunell noted that, even in her younger years, she felt a strong pull toward media and journalism.

“I always wanted to work in T.V. or film, and I grew up sort of having a ton of media on at home because it helped augment my parents’ English skills,” she said. “Whether it was T.V. shows that were more on the scripted, fictional side or just news. We were a family that watched a ton of news, like Diane Sawyer, Barbara Walters interviews, Oprah, all of it was on all the time.” And as she matured, she felt even more compelled to the idealistic nature of true journalism.

“I remember being young and just thinking what an incredible job. What a noble profession; you get to interview leaders and big celebrities. I’m this little girl in the suburbs of Chicago who came from a foreign country. It just seemed like this amazing job,” Brunell said.

Brunell eventually majored in journalism at Pepperdine University in Los Angeles. She then earned her Masters in Journalism at Northwestern. It was a continual rise of the ladder of success for the woman who once felt she would consider herself financially successful if she simply had a house with a garage. In fact, her family’s financial struggle started after immigrating to America and worsened with the great financial crisis of 2008. During that time, the family lost everything, including their home, to bankruptcy.

And that led Brunell to Bitcoin.

“It took this ten year career being in news and exposing myself to some of the biggest crises facing this society – interviewing people on a day-to-day basis facing poverty, homelessness, civil unrest, public corruption – for me to finally start to connect the dots. Because when I discovered Bitcoin and finally went down the rabbit hole, I was like, oh, this is the problem. Oh, this is the problem that’s also impacted my hard-working, amazing, good family. And now I will do anything possible to help everyone I can, first understand the problem, and know that Bitcoin is the solution.”

Today, Brunell delights viewers and listeners through her YouTube and audio podcast, discussing Bitcoin topics with the industry’s leading voices. The best and brightest in the space appear with Brunell and watch with satisfaction as she so concisely and compellingly spreads the word on national media.

For McCormack and the other Bitcoin influencers, developers, and O.G’s, Natalie Brunell is officially one of them. And she is now also one of the most influential.

BNM Writers

Possible Reversal of The 1973 Roe vs. Wade Decision Dominates Network TV Coverage

“Surprisingly, the overall cable news landscape remained relatively steady in prime time on May 2.”

Published

on

News of Justice Samuel Alito’s initial draft majority opinion that would have the Supreme Court overturn the landmark 1973 Roe v. Wade decision — which guaranteed federal constitutional protections of abortion rights — immediately spread like wildfire on the evening of May 2nd.

The development, first reported by the website Politico starting within the 9 p.m. ET hour, holds monumental implications for the nation if the Court officially does overturn the law.

Yet, surprisingly, the overall cable news landscape remained relatively steady in prime time on May 2. Compared to the three prior Monday nights (averaging Apr. 11, 18 & 25), MSNBC’s flagship program “Rachel Maddow Show” slipped 4 percent to 1.94 million total viewers, according to Nielsen Media Research. Its lead-out “Last Word with Lawrence O’Donnell” (1.45 million) was down 7 percent. 826,000 then tuned in to “The 11th Hour” up 3 percent.

Over at CNN, the 9 p.m. hour of “Anderson Cooper 360” (660,000 viewers) ticked up one percent. “Don Lemon Tonight” grew ten percent in the 10 p.m. hour (689,000 viewers) but fell two percent in the 11 p.m. hour (517,000 viewers).

Fox News Channel’s coverage focused on how the leak from the Supreme Court occurred. “Hannity” (2.79 million) stayed even, while the subsequent two lead-out programs on the night jumped up the most (of all cable telecasts) in raw figures — each increased by two million viewers: “The Ingraham Angle” (2.4 million; +9 percent from the 2.2 million average of Apr. 11, 18, 25) and “Gutfeld!” (2.15 million; +10 percent from the 1.95 million average of Apr. 11, 18, 25).

Cable news averages for May 2-8, 2022:

Total Day (May 2-8 @ 6 a.m.-5:59 a.m.)

  • Fox News Channel: 1.484 million viewers; 241,000 adults 25-54
  • MSNBC: 0.631 million viewers; 69,000 adults 25-54
  • CNN: 0.478 million viewers; 102,000 adults 25-54
  • HLN: 0.183 million viewers; 52,000 adults 25-54
  • CNBC: 0.132 million viewers; 32,000 adults 25-54
  • Newsmax: 0.132 million viewers; 18,000 adults 25-54
  • Fox Business Network: 0.112 million viewers; 12,000 adults 25-54
  • The Weather Channel: 0.111 million viewers; 22,000 adults 25-54

Prime Time (May 2-7 @ 8-11 p.m.; May 8 @ 7-11 p.m.)

  • Fox News Channel: 2.286 million viewers; 352,000 adults 25-54
  • MSNBC: 0.996 million viewers; 107,000 adults 25-54
  • CNN: 0.605 million viewers; 131,000 adults 25-54
  • Newsmax: 0.223 million viewers; 26,000 adults 25-54
  • HLN: 0.206 million viewers; 57,000 adults 25-54
  • CNBC: 0.149 million viewers; 54,000 adults 25-54
  • The Weather Channel: 0.142 million viewers; 25,000 adults 25-54
  • Fox Business Network: 0.059 million viewers; 8,000 adults 25-54
  • NewsNation: 0.052 million viewers; 10,000 adults 25-54

Top 10 most-watched cable news programs (and the top MSNBC and CNN programs with their respective associated ranks) in total viewers:

1. Tucker Carlson Tonight (FOXNC, Tue. 5/3/2022 8:00 PM, 60 min.) 3.449 million viewers

2. The Five (FOXNC, Tue. 5/3/2022 5:00 PM, 60 min.) 3.431 million viewers

3. The Five (FOXNC, Mon. 5/2/2022 5:00 PM, 60 min.) 3.371 million viewers

4. Tucker Carlson Tonight (FOXNC, Wed. 5/4/2022 8:00 PM, 60 min.) 3.284 million viewers

5. The Five (FOXNC, Thu. 5/5/2022 5:00 PM, 60 min.) 3.220 million viewers

6. Tucker Carlson Tonight (FOXNC, Mon. 5/2/2022 8:00 PM, 60 min.) 3.188 million viewers

7. The Five (FOXNC, Wed. 5/4/2022 5:00 PM, 60 min.) 3.182 million viewers

8. The Five (FOXNC, Fri. 5/6/2022 5:00 PM, 60 min.) 3.151 million viewers

9. Tucker Carlson Tonight (FOXNC, Thu. 5/5/2022 8:00 PM, 60 min.) 3.047 million viewers

10. Hannity (FOXNC, Wed. 5/4/2022 9:00 PM, 60 min.) 2.876 million viewers

36. Rachel Maddow Show (MSNBC, Mon. 5/2/2022 9:00 PM, 60 min.) 1.941 million viewers

159. Real Time With Bill Maher “Episode 599” (HBO, Fri. 5/6/2022 10:01 PM, 55 min.) 0.870 million viewers

161. Stanley Tucci “Piedmont” (CNN, Sun. 5/8/2022 9:00 PM, 60 min.) 0.859 million viewers

290. Last Week Tonight (HBO, Sun. 5/8/2022 11:01 PM, 42 min.) 0.567 million viewers

356. The Daily Show (CMDY, Wed. 5/4/2022 11:00 PM, 31 min.) 0.434 million viewers

Top 10 cable news programs (and the top  CNN, MSNBC, HBO and HLN programs with their respective associated ranks) among adults 25-54

1. Tucker Carlson Tonight (FOXNC, Tue. 5/3/2022 8:00 PM, 60 min.) 0.623 million adults 25-54

2. Tucker Carlson Tonight (FOXNC, Mon. 5/2/2022 8:00 PM, 60 min.) 0.553 million adults 25-54

3. The Five (FOXNC, Tue. 5/3/2022 5:00 PM, 60 min.) 0.533 million adults 25-54

4. Tucker Carlson Tonight (FOXNC, Thu. 5/5/2022 8:00 PM, 60 min.) 0.503 million adults 25-54

5. Tucker Carlson Tonight (FOXNC, Wed. 5/4/2022 8:00 PM, 60 min.) 0.480 million adults 25-54

6. Hannity (FOXNC, Tue. 5/3/2022 9:00 PM, 60 min.) 0.475 million adults 25-54

7. The Five (FOXNC, Wed. 5/4/2022 5:00 PM, 60 min.) 0.474 million adults 25-54

8. The Five (FOXNC, Mon. 5/2/2022 5:00 PM, 60 min.) 0.445 million adults 25-54

9. The Ingraham Angle (FOXNC, Tue. 5/3/2022 10:00 PM, 60 min.) 0.444 million adults 25-54

10. The Five (FOXNC, Thu. 5/5/2022 5:00 PM, 60 min.) 0.441 million adults 25-54

76. Last Week Tonight (HBO, Sun. 5/8/2022 11:01 PM, 42 min.) 0.231 million adults 25-54

81. Rachel Maddow Show (MSNBC, Mon. 5/2/2022 9:00 PM, 60 min.) 0.228 million adults 25-54

96. Don Lemon Tonight (CNN, Mon. 5/2/2022 10:00 PM, 60 min.) 0.211 million adults 25-54

129. The Daily Show (CMDY, Tue. 5/3/2022 11:00 PM, 31 min.) 0.167 million adults 25-54

152. Real Time With Bill Maher “Episode 599” (HBO, Fri. 5/6/2022 10:01 PM, 55 min.) 0.154 million adults 25-54

Source: Live+Same Day data, Nielsen Media Research

Continue Reading

BNM Writers

What Would a Jeff Warshaw Consortium Takeover of Cumulus Mean?

When the news of Warshaw’s consortium became public, some of us looking for a knight on a white horse wondered if this was what we had been waiting for. The announcement led to the question: would a Jeff Warshaw-led Cumulus be an improvement over the current management?

Published

on

On April 14, 2022, reports became public that a consortium led by Connoisseur Media CEO Jeff Warshaw made an unsolicited, $1.2 billion bid (including debt) to acquire Cumulus Media.

Reuters reported that Warshaw planned to take the company private with a bid of $15 to $17 per share. As a result, Cumulus shares which traded in the $10 – $11 range over the past year, jumped to $14.21, a 40% increase and a level not seen since July 2021.

Cumulus management responded to the reports by acknowledging the indication of interest and stated it was “reviewing the letter.”

During Cumulus’s Q1 22 earnings call on May 4, President/CEO Mary Berner announced a $50 million stock buyback program and rejected the Warshaw consortium acquisition bid.

Radio companies have lagged the overall financial markets for over a decade. I have participated in conversations with groups that already own radio stations and others currently outside the industry who have considered buying radio groups.

In 2013 music streaming service Pandora bought an FM station in Rapid City, South Dakota. Upon first hearing that news, some of us thought perhaps they realized how undervalued FM signals were and would invest in the medium. Alas, Pandora thought they had found a backdoor means to lower its music royalty costs but otherwise had little interest in broadcast radio.

As somebody who has been involved in every facet of the radio industry for nearly 40 years, I was interested in far more than just the investment implications of the proposed buyout.

When the news of Warshaw’s consortium became public, some of us looking for a knight on a white horse wondered if this was what we had been waiting for. The announcement led to the question: would a Jeff Warshaw-led Cumulus be an improvement over the current management?

To answer that question, I used reviews from the website Glassdoor. Reviewers can rate the company on a one to five bases, with five the best and one the worst.

These reviews have to be taken with a grain of salt as former employees may have an ax to grind, but this caveat holds equally true for all employers.

The company Jeff Warshaw currently runs, Connoisseur Media, receives an average of 2.9 stars (out of five) on Glassdoor. This rating is based on just 32 reviews, so the low sample size is a factor to consider.

Cumulus currently has an average of 3.2 stars on Glassdoor based on over 800 reviews.

These Glassdoor reviews suggest that a new Cumulus led by Warshaw wouldn’t be an improvement over the current management. If it takes a knight on a white horse to make Cumulus a better company to work for, it will have to wait for another day.

To be fair, I don’t know Jeff Warshaw. I have never spoken with him. I would appreciate the opportunity to talk to him at the appropriate time (assuming that his attempted takeover remains ongoing). I also welcome employees of Connoisseur or Cumulus who feel the average reflected on Glassdoor is unfair to contact me (andy@andybloom.com). I will accept comments and input anonymously regardless of whether it is more positive or negative than Glassdoor poses for use in a future column.

While we’re looking at the reviews for Connoisseur and Cumulus, it’s a worthwhile exercise to see how the other major radio broadcast groups fare:

iHeart also rates a 3.2 with over 2,200 reviews.

Audacy receives a 3.5, which is misleading as it’s based on 23 reviews. Entercom had 691 reviews and rates a 3.1.

The best I can find in the industry among the majors is Cox with 4.1. Again, this may be deceiving. Apollo Global Management scores a more modest 3.1.

Hubbard has no reviews. I’m not sure why.

SiriusXM appears to have the highest current score at 3.6.

You’ll find common themes, positive and the negatives are dizzyingly familiar across the companies throughout these reviews.

The main reoccurring negative themes include:

· Low pay

· Long hours

· No chance for advancement

· Doing the work of too many people

· Management pays lip service to feedback but doesn’t do anything

The main reoccurring positive themes include:

· The people

· Fun place to work

· Perks – such as free tickets

· Glad to be working in the industry

I was curious about the differences between the companies employees rated higher and lower to work for. Listening to a couple of recent earnings calls revealed some of the variations. In next week’s column, we will examine some of the differences.

Are the pros and cons listed above familiar to you? I welcome your input and anonymous comments for next week’s follow-up column. Please reach out to me at andy@andybloom.com.

Continue Reading

BNM Writers

Dave LaBrozzi Knew What He Wanted From Day One

LaBrozzi has nearly four decades of experience in radio, most recently as Vice President of Programming for WABC Radio in New York City.

Published

on

Dave LaBrozzi was very high on my interview ‘wish list,’ second only to the guy who does the insurance commercials with the nasty emu. There seems to be little LaBrozzi has not accomplished in his career (with the exception of doing an insurance commercial with an obnoxious emu.)

He’s got that voice that hits you like a freight train. That radio voice, even if he doesn’t sit in front of the microphone these days. One of those booming set of pipes you’re just born with.

LaBrozzi is one of those guys who knew what he wanted from day one. Or at least when he was ten years old. Truth be told, he said he was one of those kids who sat at his mother’s kitchen table talking into a wooden spoon as though it were a microphone. 

“I wanted to be the next Pirates play-by-play voice,” LaBrozzi said. “Working as a disc jockey was right up there too. The spoken word has always been a passion for me.”

Future moves in his life were made with one eye focused on a career in radio. It’s the only career he’s ever been involved with. Today he’s with KDKA Radio News, the world’s first commercial broadcasting station. “It’s an honor to be here with these legendary call letters,” LaBrozzi said. “It’s become a second home and a thrill to be sitting in this office.”

LaBrozzi has nearly four decades of experience in radio, most recently as Vice President of Programming for WABC Radio in New York City. Prior to WABC, he was Program Director of WPLJ-FM. In addition to his work in New York, Dave spent 14 years as Vice President of Programming for Audacy’s Baltimore stations and has also spent time programming in Nashville, Austin, San Antonio, and Pittsburgh.

LaBrozzi was appointed brand manager for KDKA, overseeing the content strategy, talent, operations, and branding. 

KDKA was launched in 1920. It started as an opportunity to instantaneously provide news and information about the presidential election returns in the race between Warren G. Harding and James M. Cox. 

LaBrozzi said he’s extremely proud of his current on-air lineup. “Larry Richert has been here for 25 years. Kevin Battle has come back. In all, we have a really solid staff that’s deeply entrenched in the community.”

When LaBrozzi drops into his chair behind his desk in the morning, he checks the stories to make sure they’re talking about what matters to people on any given day. “We’re working hard to get back with the community, checking in with people one-on-one.” 

LaBrozzi said they grade stories after they’ve aired, deciding whether they hit their mark and if they mattered. He said it’s important to talk with people and visit neighborhoods.

“I hope local papers hang on; they play such a vital role in the community.

I started in a small station in upstate Pennsylvania with 2,000 people. It was an oldie’s station. The first record I played was ‘Here Comes that Rainy Day Feeling Again,’ by The Fortunes.” 

That song must be like a first love for LaBrozzi. If he’d played a Lawrence Welk song, he might not be where he is today.

His father was a high school administrator and was able to identify his son’s strengths and weaknesses from the get-go. 

“He knew my academic career wasn’t going to send me to Harvard,” LaBrozzi said. “He also knew I had the passion and drive to succeed.”

LaBrozzi tells his on-air folks to connect with listeners one-on-one. “It’s all about being authentic,” he said. “I want them to share their life experiences. Audiences can tell when a person is disingenuous. You can have a different sound on the air, but you have to be real.” He went on to say his staff is very passionate and believes in what they’re doing.

He was born in Emporium, Pennsylvania. Today the town boasts a population of close to 2,000 people. Compared to Andy Griffith’s Mayberry, that’s a metropolis. He went to Mansfield State College, but the radio bug called, tugged, and pulled. “I tell people I got thrown out of college because of what I didn’t do,” LaBrozzi jokes. He said he’d intended to get a business degree, but the math requirements sent him running for the exit.

Why radio? “I think it’s a passion, drive, not that different from being an athlete. It’s something deeply within our souls. “My wife was in the business but gave it up to home-school the kids.”

When he’s not busy being a radio executive, LaBrozzi likes to indulge in books. “I’m reading Ernest Hemingway right now,” he said. “I’ve watched some of the Winning Time series on HBO. It’s entertaining if not factual.”

Then came the dreaded question. Where do you think radio is going?

“I think social media is doing so much to help our industry,” LaBrozzi said. “We need to embrace all it offers. There’s always a need for more information on a local level.”

With LaBrozzi ‘in the can,’ now I have to track down that Emu guy.

Continue Reading
Advertisement
Advertisement

Trending

Copyright © 2021 Barrett Media.