Forbes Probes Bloomberg’s Motives
In the February 14th issue of Forbes, Jeff Bercovici takes a look at the expansion of Bloomberg LP and what it means for the man behind the company. Bercovici notes that starting in 2009, with Bloomberg LP buying Businessweek, the company has been taking its reach far beyond its data-centric roots:
It has hired more than 100 journalists and analysts for a new service, Bloomberg Government, that launched in January, providing information about legislation and regulation for an annual fee of $5,700. Most recently it announced plans to expand coverage of the wealthy and to launch Bloomberg View, which will serve as the company’s equivalent of an op-ed page, producing opinion for all Bloomberg platforms.
While Bloomberg has remained silent on the presidential run subject, each of these moves has prompted the rumor mill to get louder and louder. He would probably be a force if does run, though he might have lost FishbowlNY’s vote for forgetting to plow Brooklyn’s streets. Brooklyn matters Bloomberg! Remember that!
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