Categories: OLD Media Moves

Bloomberg widens lead again over Thomson Reuters

Bloomberg widened its lead over Thomson Reuters in 2015 in global spending for financial market data/analysis or news, according to a report from Burton-Taylor International Consulting.

Bloomberg held a 33.3 percent share of the market compared to 24.3 percent for Thomson Reuters at the end of last year.

As of the end of 2014, Bloomberg’s share was 31.99 percent followed by Thomson Reuters at 25.88 percent. In 2013, Bloomberg and Thomson Reuters held market shares of 31.71 percent and 26.93 percent, respectively.

Although Thomson Reuters contracted nearly 6.0 percent in 2015, its revenue was flat on a constant currency basis, and the company showed positive net sales in each quarter of 2015.

S&P Capital IQ + SNL held the third position.

Overall, the global financial market data/analysis and news market was up 1.17 percent in 2015, to $26.63 billion. The 2015 growth was stunted by a strong U.S. dollar, which may have cost the industry as much as $778 million.

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.