Bloomberg Media CEO Justin Smith has been named to The Hollywood Reporter’s Most Powerful in New York Media 2014.
The Reporter wrote:
Why they matter: In July, Bloomberg’s luring of Smith, 44, from his former post as Atlantic Media Group president was considered a major coup. The exec, who has a reputation as an aggressive digital innovator, was widely credited with righting the ship at Atlantic, which became profitable in 2010 after operating in the red for years. Among his key initiatives was the creation of groups combining business and editorial staff with the goal of coming up with new ideas, spawning The Atlantic Wire and Atlantic Cities websites.
Proudest accomplishment this year: In March, Smith unveiled a six- pronged strategy he says will ensure Bloomberg remains the premiere news source for the world’s most influential people. “Getting two thumbs up from Mike Bloomberg and our CEO Dan Doctoroff” on the plan was a milestone, says Smith.
Goal for next year: Launching online destinations beyond Bloomberg.com and Businessweek.com and investing in digital video. Smith and his team will “tap into the entrepreneurial spirit that built Bloomberg LP,” based on the “owner’s insistence on long-term perspective,” Smith has said of Bloomberg.
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