Bloomberg editor in chief John Micklethwait sent out the following announcement on Sunday evening:
To Editorial & Research:
Twenty-five years ago on June 14, Bloomberg published its first news story.
It seems unlikely that those six reporters, led by Matt Winkler, could have envisioned what news at Bloomberg looks like today. On the terminal we have continued to evolve, adding teams like the Speed Desk and First Word, while our journalists have inspired or developed some of the most-used terminal functions and built new functions like PAY <GO>, our ranking of the highest-paid executives in the U.S. We have also launched websites, magazines, a radio station, a 24-hour business and financial television news channel, an opinion section and Bloomberg Intelligence. We now syndicate our content to more than 1,000 media outlets worldwide.
So a lot has changed in those 25 years. But a lot has not. There is the same focus on quality that has won us more than 800 awards, including this year’s Osborn Elliott Prize and a Pulitzer. There is the same focus on breaking huge stories. Only last month New York’s Financial Services Superintendent Benjamin Lawsky credited Bloomberg with uncovering the currency rigging scandal as he announced that six major banks were to pay fines of $5.8B.
You have all produced journalism at its highest level and that will continue. I am incredibly honored to lead this editorial team, and am convinced our next twenty-five years will be as successful as the last. Or as Matt has been known to say, The best is yet to come.
