The outgoing three-term mayor of New York is to return to his namesake Bloomberg L.P. in a role that will see him primarily involved in Bloomberg View.
Bloomberg View is one of the younger initiatives of Bloomberg L.P., which derives the lion’s share of its revenues from astronomically-priced subscriptions to data terminals that are indispensable to Wall Street. The privately held company, of which Bloomberg owns approximately 90 percent, also publishes a weekly newsmagazine, Bloomberg Businessweek, which it acquired in 2009, and runs a cable news channel, Bloomberg TV.
Source: editorandpublisher.com
