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Bloomberg Headed Back To His Company After City Hall

2013-11-11 09:58:22 Release Author: Read Flow:3067次

Mayor Michael Bloomberg will return to Bloomberg LP after he leaves City Hall at the end of the year, and will be focused particularly on the company's opinion site Bloomberg View, according to people familiar with the matter.
The plans coincide with the intention to move the offices of Bloomberg View, which is now located in the same building as his philanthropy, into the main New York headquarters of Bloomberg LP, according to the people.
A Bloomberg LP spokesman referred questions to the mayor's press secretary, who declined to comment. The expected move was reported by Capital New York.
Bloomberg View was launched in 2011 and includes columnists such as Megan McArdle and Jeffrey Goldberg.
Its launch was part of an expansion of Bloomberg LP's media properties to appeal to a broader audience beyond the financial professionals that subscribe to its terminal service. Other measures included the purchase and overhaul of BusinessWeek magazine, now called Bloomberg Businessweek, and heavy investments in a Bloomberg TV channel.
Mr. Bloomberg founded Bloomberg LP in 1981, over the next 20 years building it into a financial data and news giant. In 2001, he was elected mayor of New York City. He is now in his third four-year term, which ends Dec. 31.
In an interview on CNN Wednesday, Mr. Bloomberg, who flirted with the possibility of running for president in 2008, was asked what role, if any, he might play in the 2016 race for the White House.
'Let me guarantee you two things: No. 1, I will vote, and No. 2, I won't be running.'
Last year, Mr. Bloomberg created a political action committee to influence political races and ballot issues around the country. The mayor said he might get involved in the 2016 presidential election, but it will hinge on who is running [Offshore Company Registration].
'I've got a lot of things to do,' he said, referring to his post-City Hall career. 'Already I've got more things to do going forward than I can handle. In fact, I've got to start learning how to say no to new things.'
Mr. Bloomberg is planning a two-week vacation following his successor's inauguration on Jan. 1. He also plans to continue work with his philanthropic organization.

 



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