OLD Media Moves

Bloomberg News staffers relieved, disappointed for owner

Michael Bloomberg

Brian Stelter of CNN examines how Bloomberg News journalists reacted to the company owner bowing out of the Democratic primary.

Stelter writes, “The unusual dynamic created tensions inside Bloomberg News, which were only amplified in recent weeks when Bloomberg the candidate gained in the polls. Bloomberg the newsroom started to discuss what it would be like to cover Bloomberg as president.

“We really do have a firewall with the campaign,’ said one journalist at Bloomberg News, who spoke about the boss on condition of anonymity.

“But the campaign created headaches because management imposed rules against investigating Michael Bloomberg and his Democratic rivals — and those rules were widely criticized by outside journalists and President Trump.

“Multiple staffers at Bloomberg News, speaking privately, said on Wednesday they were relieved to see Bloomberg’s campaign end.

“But relief wasn’t the only emotion at Bloomberg LP headquarters. The company employs thousands of people, and most have no connection to politics coverage. There are plenty of Bloomberg fans who wanted to see him do well, even if that meant a sale of the company. ‘People are disappointed for him,’ a veteran employee said.”

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.

Recent Posts

WSJ union authorizes strike vote

Independent Association of Publishers’ Employees board authorized a strike vote to be conducted by its…

4 hours ago

SoCal News Group seeks an assistant biz editor

The Southern California News Group is seeking an assistant editor to help its jobs and…

5 hours ago

Tech reporter Krietzberg departs TheStreet for new opportunity

Ian Krietzberg, a tech reporter for TheStreet.com, is leaving for a new opportunity. He has…

5 hours ago

The problem with tech journalism

Timothy B. Lee writes in Asterisk magazine about why a lot of technology reporting is…

8 hours ago

WSJ names Douglass its deputy social strategy editor

Megan Douglass has been named deputy social strategy editor at The Wall Street Journal. Douglass previously…

9 hours ago

Business Insider’s Ridley joining The Female Lead

Business Insider's Louise Ridley is joining The Female Lead, the women's empowerment charity founded by Tesco Clubcard entrepreneur Edwina…

10 hours ago