OLD Media Moves

Bloomberg News staffers relieved, disappointed for owner

March 4, 2020

Posted by Chris Roush

Michael Bloomberg

Brian Stelter of CNN examines how Bloomberg News journalists reacted to the company owner bowing out of the Democratic primary.

Stelter writes, “The unusual dynamic created tensions inside Bloomberg News, which were only amplified in recent weeks when Bloomberg the candidate gained in the polls. Bloomberg the newsroom started to discuss what it would be like to cover Bloomberg as president.

“We really do have a firewall with the campaign,’ said one journalist at Bloomberg News, who spoke about the boss on condition of anonymity.

“But the campaign created headaches because management imposed rules against investigating Michael Bloomberg and his Democratic rivals — and those rules were widely criticized by outside journalists and President Trump.

“Multiple staffers at Bloomberg News, speaking privately, said on Wednesday they were relieved to see Bloomberg’s campaign end.

“But relief wasn’t the only emotion at Bloomberg LP headquarters. The company employs thousands of people, and most have no connection to politics coverage. There are plenty of Bloomberg fans who wanted to see him do well, even if that meant a sale of the company. ‘People are disappointed for him,’ a veteran employee said.”

Read more here.

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