Categories: OLD Media Moves

Bloomberg increasing presence in Washington

Harry Jaffe, the national editor of the Washingtonian, notes that Bloomberg is expanding its operations in its Washington, D.C., bureau to increase its presence in the political coverage arena.

Jaffe writes, “Bloomberg News reporter Michael Forsythe wrote a solid investigative story Friday, pointing out that campaign contributions are pouring in to members of Congress, such as Tom DeLay and Bob Ney, who have been linked to lobbyist Jack Abramoff. And Heidi Przybyla wrote a great story about George Bush’s poll numbers.

“Trouble is, few in Washington could read the stories.

“Bloomberg pieces good enough to make page one of the Washington Post evaporate in cyberspace after a short life on Bloomberg.com.

“If you are one of the 186,000 subscribers with a Bloomberg-issued terminal—mostly business and investor types—you might have read them. And if you are one of the 900 or so Washington heavy hitters who receive free, daily e-mailed lists of Bloomberg’s stories, you had a chance to read the stories.

“‘It’s the invisible empire,’ U.S. News executive editor Brian Kelly says of Bloomberg.

“But the way [Al] Hunt sees it, the empire is about to bust out in a visible way, especially in Washington.

“‘A lot of news organizations are cutting back in Washington bureaus,’ says Hunt. ‘We’re going to be increasing our coverage.’

Jaffe also notes that Hunt, who joined Bloomberg in January 2005 as Washington managing editor, has hired Rich Miller from BusinessWeek and Matt Benjamin from U.S. News.

Read the article here.

Recent Posts

Marfil among the WSJ layoffs in DC

Jude Marfil, newsroom operations manager for The Wall Street Journal in its Washington office, was…

59 mins ago

Greene departing Cointelegraph

Tristan Greene, deputy U.S. news editor at cryptocurrency news site CoinTelegraph, is leaving next month…

1 hour ago

Dynamo hires former Business Insider executive editor Harrington

Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

2 days ago

Bloomberg TV hires Kerubo as desk producer

Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

2 days ago

Jittery CNBC staff reassured by new boss

In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

2 days ago

Making business news accessible to a wider audience

Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

2 days ago