Categories: OLD Media Moves

Bloomberg spikes story about Fox Business

Bloomberg’s editor-in-chief personally killed a feature about the growth of rival Fox Business Network, confusing staffers in the process, reports Brian Flood of The Wrap.

Flood reports, “According to sources close to the situation, Bloomberg’s media reporting team contacted Fox Business Network on Feb. 7 about a story on the sister station of Fox News. Bloomberg reporter Anousha Sakoui’s story was in the works for four months, examining the origins of FBN and why the network’s broad approach to covering business is thriving.

“Sources close to the situation told TheWrap that Bloomberg editor-in-chief John Micklethwait demanded that the story not run, despite months of work and access to several top Fox Business talent and president Brian Jones.

“A source close to the situation said that multiple high-level editors were at a loss as to why Micklethwait killed the story after it was already signed off on and assigned.

“A Bloomberg spokesman told TheWrap, ‘Our longstanding policy has been to avoid writing feature stories on direct competitors in order to avoid a conflict of interest.'”

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.

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