Media News

Tuesday, Oct 13

Breaking: Bloomberg Acquires BusinessWeek

Business_Week_1013.jpgBreaking: Bloomberg LP wins the bid to buy BusinessWeek from McGraw-Hill Cos. Bloomberg president Daniel Doctoroff said, "The BusinessWeek acquisition will yield huge benefits for users of the Bloomberg terminal, and for our television, online and mobile properties." Bloomberg did not disclose the terms of the deal, but BusinessWeek sources say the cash offer is in the $2 million to $5 million range. Norman Pearlstine, Bloomberg's chief content officer, has been named chairman of BusinessWeek.

Breaking: BusinessWeek Goes To Bloomberg LP (FishbowlNY)
What BusinessWeek Will Mean For Bloomberg TV (TVNewser)


Mediabistro On Demand

Career Reinvention Toolkit

Pamela Mitchell A three-part online audio seminar on putting your career dreams into action. Watch the video

Email This Post

Fill out the following information and click on the Send button in order to send this post, Breaking: Bloomberg Acquires <I>BusinessWeek</I>, to a friend.
Friend's name
Friend's email address
Your name
Your email address
Note to your friend (optional, max 200 Characters)

Read more on Media News >