Categories: OLD Media Moves

Bloomberg Markets staff on edge

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.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.