After third and last term as NYC mayor, Bloomberg returns to media mogul day job
Mayor Bloomberg Returns To Civilian Duty | Democracy, elections, and voting at Democracy Chronicles
From https://ketupa.net/bloomberg.htm
Based in New York, Bloomberg employs over 7,200 people (including 1,100 reporters) in 9 sales offices, 2 data centers and 80 news bureaus worldwide.
It is extending from electronic provision of financial data – primarily through its proprietary devices – to general news services, business television, syndicated radio content and professional publishing (Bloomberg Books, Bloomberg Wealth Manager, Bloomberg Money, Bloomberg Markets, On Investing).
As of September 2002 it had annual revenues of around US$2.8 billion and had leased an estimated 170,000 terminals. 93% of revenue was attributable to terminal leases. The number of Bloomberg terminals grew by 21% in 1998, 17% in 1999 and 9.5% in 2001; forecast growth for 2002 was about 6%.
The founder owns 72% of the group. Its corporate site is here.
Bloomberg was elected as mayor of New York in 2001 and relelected in 2005. He spent over US$77 million to get re-elected, breaking the US$74 million record he set in 2001, according to campaign finance reports released in December 2005.
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