Categories: OLD Media Moves

Bloomberg seeks to distribute its video content

Mike Shields of Adweek writes about how Bloomberg TV is now seeking arrangements to distribute the video it produces daily.

Shields writes, “Over the past year plus, the company has formally established a ‘digital video desk’ aimed at cranking up production and speeding workflow. Berend was brought on last year to start bringing digital thinking into nearly every TV production decision. His team started churning out more originals to populate a new video section on the Bloomberg.com. And Bloomberg has ramped up its syndication business, pushing out Web videos to local stations and newspapers that already run the company’s text news content.

“The numbers look good so far. According to internal data, Bloomberg.com’s unique users were up 14 percent in January at 14.5 million. Video views are up 148 percent, netting out at 17.3 million in January. Berend and his team crank out over 200 clips a day. Per Morse, a Murdoch video today ‘would be up in seconds.’

“Part of that growth is driven by better systems, technology and the company’s overall philosophy. But it’s also the result in rethinking what Bloomberg looks like (hence the alligator conversation from earlier).

“According to Berend, sitting in a batcave-like editing lair away from the intense cameras-everywhere newsroom bustle, business news has generally lacked creativity, or even basic TV storytelling skills. And on the flip side, the Web was treated as a medium that was almost supposed to look amateurish.”

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.

View Comments

  • This is the biggest hunk of bullshit I have read in a while. First off, CNBC and Fox Business routinely kick Bloomberg's ass on video. Secondly, since -when- do these networks not know how to make good TV. The on-air product coming out of the other business networks is loaded with great graphics (especially CNBC in high definition). So what the hell is he talking about in this article?

    All these morons are doing is pumping the garbage they put on TV onto their website. That's it. And the amateurs that they're using to make the web video are just that - amateurs - and the stuff generally stinks. So I don't know what he watched or who took him out to an expensive lunch, but this is just unmitigated nonsense.

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