Bloomberg Media reached more than 300,000 subscribers at the end of the first quarter, reports Sara Fischer of Axios.
Fischer reports, “Bloomberg ended Q1 with more than 300,000 active subscribers, up from 250,000 in Q4 2020, executives tell Axios.
- Bloomberg Media CEO Justin Smith says that the company’s revenue is up 30% from this time last year.
“The bottom line: ‘Q1’s really strong year-over-year revenue rise versus a pre-pandemic quarter is the result of that strategy, and it’s spurred by growth in every area from advertising to subscriptions and live events,’ says Smith.”
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