Arif Durrani
Jan 29, 2015

Bloomberg launches business hub

Bloomberg has expanded its media footprint with the launch of a new flagship media site, Bloomberg Business, designed to broaden the financial giant's remit in the business world.

Bloomberg's Justin Smith
Bloomberg's Justin Smith

The Bloomberg Business site launched yesterday. Bloomberg Business is a key component of a strategic plan to streamline the group’s existing media assets while developing verticals such as politics, tech and fashion. 

As well as exploring new sectors in depth with dedicated regional teams, Bloomberg Business also includes content from Bloomberg TV, Bloomberg Businessweek, opinion website Bloomberg View, and stories that go out to terminal subscribers via Bloomberg News. The group can already draw on the resource of more than 2,000 journalists worldwide.

The launch forms part of ambitious plans to boost Bloomberg Media’s role within the group, with the aim of attracting a wider audience and new advertising revenues. It positions the financial company, cofounded in 1981 by Michael Bloomberg, the billionaire and former mayor of New York, more as a direct competitor to the likes of the Financial Times and new comer Business Insider.

Read the full story on Campaign UK. 

This article was first published on campaignlive.co.

Campaign Asia-Pacific interviewed Bloomberg Media CEO Justin Smith (pictured) in our December/January issue.

 

Source:
Brand Republic
Tags

Related Articles

Just Published

1 day ago

Alibaba pledges 'aggressive' AI investment, reports ...

Revenue jumped 8% as Alibaba's AI-driven strategy paid off. A surge in investor confidence has sent its share price soaring over 60% since the start of the year.

1 day ago

Five by Five Global to deliver AI-powered campaigns ...

Can creativity truly be compressed? Former Cheil Australia MD Mark Anderson, now at Five by Five Global, is betting big on AI with a new seven-hour sprint model to find out.

1 day ago

BBDO launches new global vision to focus on bolder ...

'Do Big Things' will empower brands to take risks, make noise, and tackle the world's biggest problems with bold solutions, says global CEO Nancy Reyes.

1 day ago

Is Elon Musk’s X winning back advertisers?

Social media platform X is reportedly in talks to raise money at its buying price valuation of $44 billion, despite user and advertiser losses since Elon Musk’s acquisition in 2022.