Pressler leaving New York for Bloomberg News

Jessica Pressler of New York magazine is leaving that publication to be a part of Bloomberg News’ investigations unit, reports Joe Pompeo of Capital New York.

Pompeo writes, “Pressler confirmed the move to Capital, telling us she’ll be focusing on long-form stories about financial personalities and ‘the culture of wealth and money.’ She’ll be starting in mid-January or early February depending on when she wraps her final New York assignment.

“‘I hear that when you go to Bloomberg, after you’ve been there a year, they give you a magazine that you can run into the ground,’ said Pressler, jokingly (we think!).

“Pressler joins Bloomberg News as the journalism operations at its parent company, Bloomberg L.P., are at something of a crossroads. The company’s media division, which houses magazines including Bloomberg Businessweek and a suite of digital properties, like Bloomberg Politics, that are still being rolled out, is expanding in a bid to build up influence in the consumer space.

“Bloomberg News, on the other hand, is primarily tailored to the more than 300,000 financial professionals who subscribe to Bloomberg’s data terminals.”

Read more here.