Outlet profile

Bloomberg

U.S. center-left

Owned byBloomberg L.P., a private company; founder Michael Bloomberg owns approximately 88% of the parent company, with Merrill Lynch (now part of Bank of America) holding a minority stake

FundingMix of subscriptions (including the Bloomberg Terminal, a financial data service used by Wall Street professionals), digital news subscriptions (660,000+ as of 2025), advertising, sponsored events, and partnerships; Bloomberg Media revenue grew 6% in 2025

On the administrationbroadly critical

Background

Bloomberg News was founded in 1990 by Michael Bloomberg and journalist Matthew Winkler as a wire service for subscribers to the Bloomberg Terminal, a financial data platform Bloomberg launched in 1981 after being fired from Salomon Brothers. The outlet expanded through the 1990s and 2000s into a global multimedia operation covering markets, economics, and politics. In 2009, Bloomberg L.P. purchased BusinessWeek from McGraw-Hill, rebranding it as Bloomberg Businessweek. The outlet drew significant criticism in 2013 when reports emerged that a story on Chinese Communist Party officials' financial ties was killed, reportedly to protect Terminal sales in China. A further controversy arose in 2019 when, after Michael Bloomberg announced a Democratic presidential run, editor-in-chief John Micklethwait barred staff from investigating Democratic primary rivals while Trump-related investigations continued; this sparked a wave of reporter departures. The editor-in-chief later acknowledged in an internal memo that Bloomberg's editorial opinion section reflects the founder's own views. Media watchdog organizations—including AllSides (Lean Left), Media Bias/Fact Check (Left-Center), and Ad Fontes Media (Center)—place Bloomberg between center and center-left, consistent with its business-oriented but institutionally moderate identity.

Sources

Profile compiled 2026-06-25; refreshed when ownership, funding, or the administration changes.

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