OLD Media Moves

Bloomberg Markets staff on edge

January 28, 2015

Posted by Chris Roush

Bloomberg_Markets_(January_2010_cover)The Bloomberg Markets staff is uneasy in the wake of changes at the business news media company, reports Keith Kelly of the New York Post.

Kelly writes, “Bloomberg Markets had been a pet project of Winkler’s, who was instrumental in pushing it to win awards for investigative journalism. Others inside the company were not so enthralled and thought some of its coverage was less than inspiring.

“Tyrangiel is not a fan of the publication, sources said. Although it goes free to the 320,000 terminal users, it was Winkler who also pushed to give it a paid newsstand presence.

“It currently has a rate base of 375,000, which means it is selling about 50,000-plus copies a month to non-terminal customers.

“But that pales in comparison to the weekly paid circulation of Bloomberg BusinessWeek, which is 975,000.

“Tyrangiel’s recent ultimatum, some insiders have whispered, includes a push to have the title contribute more to the breaking news and web operations.”

Read more here.

Subscribe to TBN

Receive updates about new stories in the industry daily or weekly.

Subscribe to TBN

Receive updates about new stories in the industry.