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

Bloomberg Media Makes Cuts in Three Cities; Cancels ‘Political Capital’

bloomberg tv logo_304x200Bloomberg Media has made cuts in Washington D.C., Los Angeles and New York City today. The media arm of the privately-held financial services company is shutting down its Los Angeles TV operations, cutting three jobs there. In New York, up to five jobs will be eliminated as the network returns European TV operations jobs to London. And in Washington, DC 15 positions in Bloomberg News and Bloomberg TV have been cut as the company re-imagines its politics coverage moving TV production, which will results in some new jobs, to New York.

Politico reports the cuts also include the cancellation of the long-running Sunday morning public affairs show “Political Capital with Al Hunt.”

Bloomberg spokesperson Amanda Cowie tells TVNewser, “Our TV operation — in the U.S. and around the world — is growing in size. We are changing how, and where, the TV operation is run.” The Los Angeles TV operations will be moving to San Francisco, while Washington coverage will be expanded to include initiatives like First Word DC and beefing up financial crimes reporting.

Mediabistro Course

Create Quick Video for the Web

Create Quick Video for the WebLearn how to shoot, edit, and encode online video! Starting October 4, write video scripts and story outlines, shoot and edit film, and broadcast your work on video-sharing sites like YouTube and Vimeo. Students will get hands-on experience with a Canon HDV camera and Final Cut in this course. Register now!