Categories: OLD Media Moves

Report: Bloomberg’s revenue hit $10 billion in 2018

Bloomberg’s estimated 2018 revenue increased by a mid-single digit percentage to an estimated $10 billion as it diversified its revenue streams, according to a report from Burton-Taylor analyst Jennifer Milton.

Milton writes, “Bloomberg completed multiple product launches in 2018 centered around fast-growing segments in the industry such as emerging markets, socially responsible investing and advanced data analysis tools. Revenue growth generally occurred across all segments of the business, but the fastest growing revenues are projected to come from Research related usage, increasing an estimated 8.9% since 2017.  The second-largest product segment growth is expected to come from Portfolio Management & Analytics products followed by Pricing, Reference & Valuation Data, Real-Time & Trading Data, and News products.

Terminal Revenues Account for Lower Share of Total Revenues

“Bloomberg’s estimated 2018 revenue is expected to increase by mid-single digit percentages, bringing total company revenue to an estimated $10 billion, which would be a new annual revenue record for the company. Growth in Bloomberg’s non-terminal product revenue is projected to outpace growth in terminal product revenue in 2018, with the proportion of revenue coming from non-terminal sales increasing to 23.4% of the company’s revenues.”

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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  • when i worked there, about 2008-09, they put in a big incentive that offered up to a year's pay when they hit $10B in revenue. is that plan still on the books?

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