Bloomberg Media hires new head of its events division

Bloomberg Media announced Wednesday it hired Stephen Colvin as head of Bloomberg Live, its events division.

Colvin, who most recently served as CEO of Robb Report Media, will lead the Bloomberg Live operation and be responsible for running live event opportunities. Colvin is also expected to identify and expand new monetization strategies for Bloomberg Live as part of the organization’s continued investment in live events.

“I’ve known Stephen for a long time, having worked with him more than a decade ago at The Week,” said Bloomberg Media CEO Justin Smith in a statement. “It was there that I realized the power of live events. Arguably one of the oldest forms of media, live events is one of the fastest-growing segments of the media industry and are critical to executing a successful, modern multi-platform media strategy.”

 Colvin started his media career in London, which included eight years at Dennis Publishing where, as publishing director, he launched several successful magazine and event businesses. He moved to New York in 1995 to create Dennis Publishing US.

Colvin’s more recent experience includes president of then start-up The Daily Beast and then CEO of The Newsweek Daily Beast company, as well as executive vice president of CBS Interactive and executive in residence of the venture capital firm Lerer Hippeau Ventures.