Pressure of Truth
Exposing the spin on all sides of the news.
Outlet profile

Bloomberg / Bloomberg Law

U.S. center to center-left

Owned byBloomberg L.P., a private company approximately 88% owned by billionaire and former New York City mayor Michael Bloomberg
FundingPrimarily subscription revenue from the Bloomberg Terminal (a financial data and analytics platform with roughly $15 billion in annual company revenue); Bloomberg Law is funded separately through institutional legal subscriptions; advertising provides supplementary revenue across both properties
On the administrationbroadly critical

Background

Bloomberg L.P. was founded in 1981 by Michael Bloomberg using capital from his Salomon Brothers partnership payout, initially supplying real-time financial data to Wall Street traders through what became the Bloomberg Terminal. Bloomberg News was established in 1990 with Matthew Winkler as its first editor-in-chief, and grew into one of the largest financial-news operations in the world, eventually employing more than 2,700 journalists in over 120 bureaus. In 2009, Bloomberg launched Bloomberg Law, a subscription-based legal research and news platform; its 2011 acquisition of the Bureau of National Affairs for $990 million significantly expanded its legal and regulatory coverage. A major editorial controversy emerged in 2012, when Bloomberg reportedly suppressed follow-up investigative reporting on Chinese political elites' finances after Beijing blocked its websites and slowed Bloomberg Terminal approvals in China — accusations that drew wide criticism and led to the resignation of its China editor. A second conflict arose in 2019, when owner Michael Bloomberg entered the Democratic presidential race; Bloomberg News announced it would not investigate Bloomberg or his primary rivals, a policy condemned across the industry as a significant compromise of editorial independence. Media bias trackers generally place Bloomberg News in the center to center-left range, and the outlet's own editors have acknowledged that its opinion section reflects the views of its owner.

Sources

  1. Bloomberg L.P. — Wikipedia
  2. Bloomberg News — Wikipedia
  3. Bloomberg Law — Wikipedia
  4. Bloomberg News — Media Bias/Fact Check
  5. Bloomberg Media Bias — AllSides
  6. Rating the Bias of Bloomberg, March/April 2026 — AllSides
  7. Bloomberg News Bias and Reliability — Ad Fontes Media
  8. Bloomberg's New Regime and Tensions Over the Editorial Vision — Columbia Journalism Review
  9. Bloomberg News Will Avoid Investigating Mike Bloomberg During His Presidential Campaign — Washington Post
  10. Who Owns Bloomberg — Free Press

Profile compiled 2026-06-30; refreshed when ownership, funding, or the administration changes.

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