Categories: OLD Media Moves

Bloomberg’s praise for FT fuels speculation

Mike Bloomberg’s comments at an event honoring The Financial Times‘ 125th birthday has once again fueled speculation that he is interested in purchasing the financial newspaper, reports Amy Chozick of the New York Times.

Chozick writes, “In a speech for the occasion, Mr. Bloomberg said he was there ‘to celebrate my second favorite financial news outlet,’ which he said has ‘always been on the cutting edge of financial journalism.’

“Mr. Bloomberg has a standard response these days to inquiries about his interest in adding The F.T., currently owned by British company Pearson, to the financial media company that bears his name: ‘In fact, people are always telling me I should buy the F.T.,’ Mr. Bloomberg said. He paused for comic affect, adding: ‘I buy it everyday.’

“The Empire State Building glowed in a pink hue to celebrate the bisque-colored paper that got its start in Britain on May 1, 1888. The TV host Charlie Rose and the British advertising executive Martin Sorrell were among the guests who sipped pink champagne and vodka-spiked pink lemonade in the airy courtyard of the Academy Mansion near Central Park, a live jazz band playing in the background.”

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

Recent Posts

PCWorld executive editor Ung dies at 58

PCWorld executive editor Gordon Mah Ung, a tireless journalist we once described as a founding father…

22 hours ago

CNBC taps Sullivan as “Power Lunch” co-anchor

CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…

2 days ago

Business Insider hires Brooks as standards editor

Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…

2 days ago

Is this the end of CoinDesk as we know it?

Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…

3 days ago

LinkedIn finance editor Singh departs

Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…

4 days ago

Washington Post announces start of third newsroom

Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…

5 days ago