OLD Media Moves

Justin Smith’s mission at Bloomberg

September 18, 2013

Posted by Chris Roush

Justin Smith‘s mission as CEO of the Bloomberg Media Group is to combine its journalism assets with emerging strategies, reports Joe Pompeo of Capital New York.

Pompeo writes, “‘Bloomberg, in my estimation, is arguably one of the best-positioned media companies on the globe, and the opportunities are virtually limitless,’ he told the dozens of his colleagues who were gathered for a ‘media mixer,’ as the event was described internally. (A source provided an audio recording of the event to Capital.)

“‘The scale you have built is astounding, and what’s even more impressive is the quality standard you’ve built at scale,’ said Smith. ‘Our brand is stellar, the world class journalism is phenomenal, the entrepreneurial culture, the global reach—all of these things give Bloomberg an incredible, incredible market position in the media business today.’

“Smith, the former Atlantic Media chief whose job as Bloomberg Media’s new boss officially began today, was speaking on the 28th floor of Bloomberg L.P.’s futuristic Lexington Avenue headquarters to a room full of executives and journalists from the financial news and data behemoth owned by the outgoing mayor of New York.

“Servers circulated the room with hors d’oeuvres including pigs in blankets and mini quiches, which were washed down with beer, wine and white sangria.”

Read more here.

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