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Bloomberg Television (on-air as Bloomberg) is an American-based pay television network focusing on business and capital market programming, owned by diversified information and media private company Bloomberg L.P. It is distributed globally, reaching over 310 million homes worldwide.
Bloomberg L.P. has remained a private company since its founding, the majority of which is owned by billionaire Michael Bloomberg. To run for the position of Mayor of New York against Democrat Mark Green in 2001, Bloomberg gave up his position of CEO and appointed Lex Fenwick as CEO in his stead.
2 days ago · Michael Bloomberg cofounded financial information and media company Bloomberg LP in 1981. He put in the seed funding for the company and now owns 88% of the business, which has estimated...
- CEO
In 1995, the network entered the cable television market and by 2000, Bloomberg's 24-hour news programming was being aired to 200 million households. Justin Smith serves as CEO of the Bloomberg Media Group which includes Bloomberg Radio, Bloomberg Television and mobile, online and advertising-supported components of Bloomberg's media offerings.
May 22, 2024 · Bloomberg’s founder and former mayor of New York, Michael Bloomberg, owns 88% of the company’s stock, making him one of the dozen or so richest men on the planet.
Apr 6, 2021 · Since 2018, Bloomberg has run a metered paywall on its website, limiting users to a small number of free articles each month, and 30 minutes of watch time for Bloomberg’s live TV channel each day. But in the OTT world, Bloomberg is still relying entirely on ad revenues.
Mar 22, 2011 · New York — Bloomberg L.P. announced today the formation of the Bloomberg Media Group, a unified consumer media group that brings together Bloomberg’s television, print, radio, mobile and
