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Date: 4 months ago   Category: Companies

Lysova about possible sale of Bloomberg: "A business basis — first of all, trust of users and subscribers"


Michael Bloomberg said that he can sell the agency. It will occur if he participates in a presidential campaign — 2020 Michael Bloomberg. Photo: Michael Bloomberg can sell to KC McGinnis/Reuters Bloomberg. The American billionaire and the ex-mayor of New York said it in an interview to Radio Iowa. The owner should get rid of an asset in case of participation in a presidential campaign of 2020. 76-year-old Michael Bloomberg hints long ago that he plans to stand from Democratic party, but the final decision is not made yet: Bloomberg: If you run for president, it must be done, not necessarily at once, but as a result it is necessary; only one planning demands a lot of time. Already now I contribute all profit of the company to non-profit fund. The company will have to pass into a blind trust or to be sold. I think that at my age if it is possible to sell it, I will make it. Eventually, once each of us will die so it is better to make it in advance.

Journalist: How will your campaign be covered by Bloomberg News?

Bloomberg: We always had such policy: we do not write about ourselves. I sincerely believe that in such questions it is impossible to be independent. Plus nobody will believe that you are independent. And I do not want that reporters to whom I pay, wrote about me negative materials — I do not want that they were independent. So something should be made. First, it is possible in general to cease to light policy and to add political materials of other editions to a news feed of Bloomberg. Or it is possible to light policy, but at the end always to say that the edition belongs to Michael Bloomberg. I yet not the candidate so I have time to think, and I reflect on it for a long time. Bloomberg L.P. was based by Michael Bloomberg in 1981 and initially Innovative Market Systems was called. Soon the company received 30 million dollars of investments from Merryl Lynch and installed to all clients of investment bank terminals - "blumberg".

News division of Bloomberg News was based at the beginning of the 90th. Now various services of the company are one of the most reliable sources of financial information. Whether the attitude to Bloomberg will be changed if the founder of the company sells it? The managing director of service of political information of Interfax and the former editor-in-chief of Vedomosti Tatyana Lysova comments: Tatyana Lysova is a managing director of service of political information of Interfax "If to take sale of Dow Jones to Rupert Murdoch as an example, I remember that it was quite contradictory situation, and I was said by colleagues that, of course, the editorial policy became a little another. It is natural because each owner has views of what has to be the product belonging to him, but I do not consider that it became less qualitative. We did not see any treachery of interests of subscribers and readers there. I think that with Bloomberg if it is sold, there will be the same. It, of course, will depend on the new owner, but the basis of business is, first of all, a trust

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