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Posts Tagged ‘Dan Doctoroff’

Atlantic Media’s Justin Smith Named CEO Of Bloomberg Media Group

The Bloomberg Media Group, which includs Bloomberg TV and Bloomberg BusinessWeek, has named Justin Smith CEO.

Smith joins Bloomberg from Atlantic Media, where he was president from 2010-2013. Atlantic Media includes The Atlantic magazine, National Journal and Quartz. Smith officially joins Bloomberg September 16, and will report to Bloomberg LP CEO Dan Doctoroff.

With the addition of Smith, Andrew Lack has been named chairman of Bloomberg Media. Lack, the former president of NBC News, has served as CEO of Bloomberg Media since 2008.

“Throughout Bloomberg’s history, we’ve been defined by our ability to disrupt markets, our willingness to invest when others don’t, and our constant focus on innovation,” said Doctoroff in a statement. “Justin Smith has an exceptional track record in each of these areas. His deep understanding of the media and vision for its future makes him an ideal fit at Bloomberg as we continue to transform and expand our media businesses worldwide.”

More, below.
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Bloomberg Tasks Two With ‘Reviewing’ Company In Light Of Privacy Breach

In light of the privacy breach that became public over the last week at Bloomberg News, the company has appointed two people to investigate what happened, and make recommendations for changes that can be made.

Former IBM CEO Samuel J. Palmisano will serve as an “independent adviser,” where he will “immediately undertake a review of the Company’s current practices and policies for client data and end user information, including a review of access issues recently raised by the Company’s clients.” He will then suggest fixes.

Also, Bloomberg is charging Bloomberg News editor-at-large Clark Hoyt–formerly the public editor of the New York Times–with examining the relationship between the company’s news division and its commercial unit, which is led by its Terminal business. Palmisano will report to Bloomberg’s board of directors, while Hoyt will report to Bloomberg CEO Dan Doctoroff.

More information on the appointments, after the jump.
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CNBC Breaks News on Bloomberg Terminal Snooping Scandal

CNBC is reporting on competitor Bloomberg over accusations Bloomberg journalists used the company’s data terminals to track and gain information on users, in some cases, government officials.

Both the Federal Reserve and the US Treasury Department are examining the extent Bloomberg terminal usage by top officials might have been tracked, CNBC’s Steve Liesman reports.

CNBC talked with a former Bloomberg employee who says he accessed usage information of Federal Reserve Chairman Ben Bernanke and former U.S. Treasury Secretary Tim Geithner. He said he did it ”just for fun” and as a way “to show how powerful” the Bloomberg terminals were.

CNBC got a response from a Bloomberg spokesperson who said, “What you are reporting is untrue” but declined to respond when asked what specifically was inaccurate. He also would not say whether the company had investigated journalist access to the terminals.

Bloomberg CEO Dan Doctoroff released a statement saying, “Last month we changed our policy so that all reporters only have access to the same customer-relationship data available to our clients.” Doctoroff added: “reporters could not see news stories that clients read, or the securities they viewed.”

CNBC competes with Bloomberg in reporting and distributing business news on TV and online.

CBS’ ‘Early Show’ Continues Political Push, Bloomberg TV’s Mosheh Oinounou Named Senior Producer

Bloomberg TV international desk editor Mosheh Oinounou is leaving the company to join CBS’ “The Early Show” as a senior producer, based in Washington DC.

Before joining Bloomberg, Oinounou was a producer for “Fox News Sunday,” and a political producer for Fox News Channel. Interestingly enough, Oinounou has been following David Rhodes as he has moved from organization to organization. Rhodes was an executive at FNC before joining Bloomberg as the head of Bloomberg TV. Earlier this year he became president of CBS News.The memo announcing his hire from “Early Show” EP Batt Humphreys is after the jump.

Oinounou’s hire is the latest in a string of moves designed to bolster the morning show’s political coverage in advance of the 2012 presidential election. The program has held town halls with political leaders, and earlier this month the National Journal profiled the program’s political ambitions.

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Dan Doctoroff Upped to CEO of Bloomberg LP

Bloomberg LP, the parent company of Bloomberg TV, has promoted Dan Doctoroff to CEO. Doctoroff had been president of Bloomberg, reporting to chairman Peter Grauer, who will remain in that role. Before joining Bloomberg three and a half years ago, Doctoroff had been an aide to New York City Mayor and Bloomberg founder Michael Bloomberg.

“One of the critical elements of Bloomberg’s remarkable growth over the past 30 years has been our capacity to evolve to meet changing internal and external needs and opportunities,” said Grauer in a statement. “In addition to our very successful core businesses, the Bloomberg Terminal and Bloomberg News, we have started 8 new businesses just in the past few years. Dan is perfectly suited to manage our increasingly diversified business model.”

More information in the official announcement, after the jump.

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Comcast-NBCU Condition Brings Good News to Bloomberg TV, Fox Business Network

Among the conditions placed on the Comcast-NBC Universal merger is the “neighborhooding” condition that Bloomberg TV has been seeking since shortly after the deal was announced.

In a nutshell, the condition says that if Comcast carries news networks in a  channel “neighborhood” it cannot discriminate against channels not affiliated with Comcast-NBCU, and must carry those channels in the same neighborhood.

So if Comcast in Philadelphia had a block of channels for news that included CNBC (which it now owns) it would have to carry Bloomberg TV and Fox Business Network in that same group, if it did not already.

“In today’s order, the FCC has taken strong action to preserve independent news programming, and protect competitors against discrimination,” said Dan Doctoroff, President of Bloomberg L.P. in a statement. “The FCC has recognized the critical importance of neighborhooding and ensuring that independent channels are treated fairly and consumers are protected.”

Bloomberg’s full statement on the matter, after the jump.

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