TVSpy LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily
Vidicom is looking for a TV News Writer. next job Bloomberg LP is looking for a Senior Producer. next job WPIX11 is looking for a Line Producer. next job WTKR/WGNT TV is looking for a News Producer. next job KOB - TV is looking for a Morning Executive Producer. next job NBCUniversal is looking for a Producer, WVIT. next job KGW is looking for a News Producer. next job WKOW TV is looking for a News Director. see all

Bloomberg News At Center Of Snooping Scandal

Bloomberg News, which includes financial news channel Bloomberg TV, is at the center of a shocking snooping scandal.

Reporters for Bloomberg used the Bloomberg Terminals–which are ubiquitous on Wall Street–to see what high-profile traders were searching for and investigating, potentially revealing scoops about the firms. Goldman Sachs brought thee issue to the attention of Bloomberg brass.

The Bloomberg Terminal is rented to customers for around $20,000 a year, with some large firms renting them by the thousands. While some competing news outlets also have them, they did not have access to the behind-the-scenes data that the reporters inside the company did.

The New York Post has the story:

Bloomberg reporters’ ability to access the special so-called customer relationship management (CRM) information features was a holdover from that ’90s era when reporters also worked with the news organizations sales efforts.

“Limited customer relationship data has long been available to our journalists, and has never included clients’ security-level data, position data, trading data or messages,” said Bloomberg spokesman Ty Trippet.

“In light of [Goldman’s] concern as well as a general heightened sensitivity to data access, we decided to disable journalist access to this customer relationship information for all clients,” he noted.

Mediabistro Course

Get $25 OFF Podcasting

PodcastingStarting July 31, learn how to develop and create your own podcast in just a a matter of weeks! In this course you'll learn how to determine the goals of your podcast, pinpoint your concept, contact and book guests, distribute and market your podcast and more. Get $25 OFF with code CLASS25. Register now!