TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Bloomberg LP’s $7.6 Billion Doesn’t Include Staffer Bonuses

Bloomberg LP raked in $7.6 billion in revenue last year. According to the New York Post, that was a 10.5 percent jump, up $720 million from 2010. While that’s not Bill Gates money — hell, it’s not even Twix money — it’s certainly a lot. But according to an internal memo at the company it’s nowhere near estimates, so staffers are getting smaller bonuses.

Apparently employee pay perks are tied to Bloomberg Terminal sales, and they fell short. The company had hoped to install 15,000 ancillary units last year, but were only able to add 13,672.

“Although we fell short of our targets, all of us can be proud of our strong year-over-year performance and the progress we were able to make across our businesses — especially considering the difficult environment for our largest terminal customers,” read the memo from Chairman Peter Grauer and CEO Dan Doctoroff.

Yeah, that should make them all feel better.

Mediabistro Course

Children's Picture Book Writing

Children's Picture Book WritingStarting September 15, this part lecture, part workshop course will take you through the process of outlining, writing, editing, and submitting a children's picture book. Taught by a published children's book author, Dashka Slater will teach you how to write in pictures, hook readers and editors with your story, apply the nuts and bolts of marketing, and more. Register now!