“There have been no conversations with anyone or either organization about an acquisition,” Bloomberg spokesman Ty Trippet said in a tweet Tuesday, which was retweeted by billionaire owner Michael Bloomberg. Axios reported on Friday that Bloomberg was interested in acquiring either Wall Street Journal parent company Dow Jones from Rupert Murdoch’s News Corp. or the Washington Post from Amazon.com’s Jeff Bezos, citing a source familiar with Bloomberg’s thinking.
Michael Bloomberg, the billionaire businessman and media mogul, is interested in acquiring either Wall Street Journal parent company Dow Jones or The Washington Post, according to a source familiar with his thinking. Bloomberg wants to expand his media empire and sees Dow Jones as his ideal fit, but he would buy the Post if Jeff Bezos were interested in selling, the source said.
Over the past few weeks, many in the Democratic Party had publicly called out former New York mayor Mike Bloomberg for his lack of financial commitment to help Joe Biden beat President Donald Trump in November. Bloomberg had vowed to open up his personal fortune to help defeat Trump but his lack of financial contributions since he dropped out of the Democratic primary in March had raised eyebrows among Democrats. Now Bloomberg is finally making good on his commitment and has decided he will focus his efforts on the key state of Florida, vowing to spend at least $100 million to help Biden win the Sunshine State.
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Michael Bloomberg’s presidential campaign is hiring hundreds of workers in California for $2,500 a month to post regularly on their personal social-media accounts in support of the candidate and send text messages to their friends about him. The effort, which could cost millions of dollars, is launching ahead of California’s March 3 primary and could later be deployed nationwide.
If elected president, Michael Bloomberg would put Bloomberg LP into a blind trust, and the trustee would then sell the company, adviser Tim O’Brien said Tuesday. Proceeds from the sale would go to Bloomberg Philanthropies, the charitable giving arm that funds causes from climate change to public health and grants for American cities.
Encouraged by the murky results in Iowa, Bloomberg is also expanding his field staff as he tries to win the Democratic primary by ignoring the first four states. “Those are old rules,” he said.
Democratic Presidential Candidate Michael Bloomberg continues to increase his media spending for his campaign, now at $258 million through Jan. 18, according to Advertising Analytics — the most money among all presidential candidates. Bloomberg has been also biggest digital media spender among all candidates — now totaling $33 million.
Michael Bloomberg’s big-spending, shock-and-awe TV ad campaign has made politicking more expensive for everyone from his 2020 rivals to Senate, House and state legislative candidates around the country.
President Donald Trump’s presidential campaign confirmed Tuesday that it will air a commercial during the Big Game on Feb. 2. Earlier in the day The New York Times reported that Michael Bloomberg’s presidential campaign will also run a 60-second spot during the Super Bowl.
Michael Bloomberg’s presidential campaign wants to flood voters with attacks on Trump before it is too late, a lesson Republican candidates learned in 2016 when they initially ignored him. Bloomberg is spending millions each week in an online advertising onslaught that is guided by polling and data that he and his advisers believe provide unique insight into the president’s vulnerabilities.
Former New York City Mayor Michael Bloomberg is spending so much money on television spots across the country that it’s causing ad rates to soar, a new analysis shows. “The typical [TV] market increased their rates by 22% as the political spending poured in,” an Advertising Analytics analysis finds.
Michael Bloomberg and Tom Steyer have hit the $200 million mark combined, and Bloomberg, at least, is just getting started.
Since announcing his run for president almost two weeks ago, Michael Bloomberg’s 2020 campaign has placed around $7.1 million in TV commercials of the intended $37 million that the campaign announced it would be spending.
Network staffers have also been told that, when in doubt about whether a disclaimer is needed, they should use it, a company source said.
In the latest sign Michael Bloomberg is prepared spend freely on a prospective presidential bid, the billionaire has begun booking a huge quantity of TV ad time in media markets across the country — including the one that’s home to President Donald Trump’s winter White House, Mar-a-Lago. One analyst said it looks to be at least $10 million for one week.
Michael Bloomberg is expected to decide within the next two weeks whether he will mount a third-party bid for the White House that could further upend a historically wild race. Bloomberg, 74, is also mulling a new leadership structure at the company that would allow him to eventually step aside. Those moves — including potentially setting up a succession plan at the top of the company, similar to what Bloomberg did when he stepped aside to run for mayor in 2001 — could be announced within weeks.
The Sunlight Foundation, Campaign Legal Center and Common Cause hav filed complaints against 18 stations carrying ads for Michael Bloomberg’s PAC that don’t identify him as the sponsor. The groups warn about 100 others that they may have complaints filed against them if they don’t correct the identification.
When Michael Bloomberg left the New York City mayor’s office, he dove back into his media companies with aplomb, instituting changes from top management to tiny details. To his journalists, Ravi Somaiya reports, “he feels like a weather system … high up, uncontrollable and all-powerful.” A look at a Bloomberg’s micromanaging return as a man newly fascinated with the media’s power and equally concerned with stemming his media companies’ losses.
Former New York Mayor Michael Bloomberg is returning to lead Bloomberg LP, the media empire he founded and in which he remains majority shareholder. The company said that Daniel Doctoroff will step aside as president and CEO of the company at the end of this year.
New York Mayor Michael Bloomberg and FCC Chairman Julius Genachowski announced today that they’re launching a new mobile telephone emergency alert system by the end of the year in Washington and New York.
