As of August 9‚ 2025‚ Bloomberg News is a division of Bloomberg L․P․
Founder and Majority Owner:
- Michael R․ Bloomberg founded Bloomberg L․P․ in 1981․
- He remains the majority owner of Bloomberg L․P․
- His ownership stake is reported to be 88% as of October 2024․
Key Facts:
- Bloomberg L․P․ was co-founded by Michael Bloomberg‚ Thomas Secunda‚ Duncan MacMillan‚ and Charles Zegar․
- Bank of America initially held a 12% ownership investment․
- Bloomberg News is an international news agency headquartered in New York City․
- Michael Bloomberg also founded Bloomberg Philanthropies․
Table of contents
Bloomberg’s Business Model and Revenue
Bloomberg L․P․’s primary revenue stream comes from its Bloomberg Terminal subscriptions․ These terminals provide real-time financial data‚ analytics‚ and news to professionals in the financial industry․
- The Bloomberg Terminal is the core product driving the company’s revenue․
- Bloomberg News plays a crucial role in providing content for the terminals and other Bloomberg platforms․
- The company generates approximately $10 billion in revenue annually (as of January 2025)․
Editorial Independence and Ownership
The ownership structure of Bloomberg News has implications for its editorial independence․ While Michael Bloomberg’s majority ownership could theoretically influence the news coverage‚ the company maintains that its news division operates independently to ensure unbiased reporting․
- Bloomberg News aims to provide objective financial news and analysis․
- The company’s editorial policies are designed to safeguard journalistic integrity․
- Michael Bloomberg’s personal views and political activities have‚ at times‚ raised questions about potential conflicts of interest․
Bloomberg News’ Global Reach
Bloomberg News has a significant global presence‚ with bureaus and journalists around the world․ Its content is distributed through various channels‚ including:
- Bloomberg Terminals
- Bloomberg․com (subscription-based financial news website)
- Bloomberg Markets magazine
- Bloomberg Radio
- Bloomberg Television
Controversies and Social Media
Bloomberg News‚ like any major news organization‚ has faced its share of controversies․ One recent example involves an anonymous social media account that frequently posts Bloomberg headlines in all caps․ The company has reportedly attempted to identify the owner of the account without success․
