Bloomberg Television
Encyclopedia
Bloomberg Television is a 24-hour global network broadcasting business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...

 and financial
FINANCIAL
FINANCIAL is the weekly English-language newspaper with offices in Tbilisi, Georgia and Kiev, Ukraine. Published by Intelligence Group LLC, FINANCIAL is focused on opinion leaders and top business decision-makers; It's about world’s largest companies, investing, careers, and small business. It is...

 news. It is distributed globally, reaching over 200 million homes worldwide. It is owned and operated by Bloomberg L.P.
Bloomberg L.P.
Bloomberg L.P. is an American privately held financial software, media, and data company. Bloomberg makes up one third of the $16 billion global financial data market with estimated revenue of $6.9 billion. Bloomberg L.P...

 and is internationally headquartered in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

 with its European headquarters in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

 and Asian headquarters in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

.

Current channels

  • Bloomberg Television (from United States)
  • Bloomberg UTV (from India)
  • Bloomberg International
  • Bloomberg Asia Pacific (from Hong Kong)
  • Bloomberg Europe (from London)
  • Bloomberg HaberTurk (from Istanbul
    Istanbul
    Istanbul , historically known as Byzantium and Constantinople , is the largest city of Turkey. Istanbul metropolitan province had 13.26 million people living in it as of December, 2010, which is 18% of Turkey's population and the 3rd largest metropolitan area in Europe after London and...

    ) (in Turkish
    Turkish language
    Turkish is a language spoken as a native language by over 83 million people worldwide, making it the most commonly spoken of the Turkic languages. Its speakers are located predominantly in Turkey and Northern Cyprus with smaller groups in Iraq, Greece, Bulgaria, the Republic of Macedonia, Kosovo,...

    )


Former channels

  • Bloomberg Brazil (from São Paulo and New York) (in Portuguese
    Portuguese language
    Portuguese is a Romance language that arose in the medieval Kingdom of Galicia, nowadays Galicia and Northern Portugal. The southern part of the Kingdom of Galicia became independent as the County of Portugal in 1095...

    )
  • Bloomberg Germany (in German
    German language
    German is a West Germanic language, related to and classified alongside English and Dutch. With an estimated 90 – 98 million native speakers, German is one of the world's major languages and is the most widely-spoken first language in the European Union....

    )
  • Bloomberg France (in French
    French language
    French is a Romance language spoken as a first language in France, the Romandy region in Switzerland, Wallonia and Brussels in Belgium, Monaco, the regions of Quebec and Acadia in Canada, and by various communities elsewhere. Second-language speakers of French are distributed throughout many parts...

    )
  • Bloomberg Italy (in Italian
    Italian language
    Italian is a Romance language spoken mainly in Europe: Italy, Switzerland, San Marino, Vatican City, by minorities in Malta, Monaco, Croatia, Slovenia, France, Libya, Eritrea, and Somalia, and by immigrant communities in the Americas and Australia...

    )
  • Bloomberg Japan (in Japanese
    Japanese language
    is a language spoken by over 130 million people in Japan and in Japanese emigrant communities. It is a member of the Japonic language family, which has a number of proposed relationships with other languages, none of which has gained wide acceptance among historical linguists .Japanese is an...

    )
  • Bloomberg Spain (in Spanish
    Spanish language
    Spanish , also known as Castilian , is a Romance language in the Ibero-Romance group that evolved from several languages and dialects in central-northern Iberia around the 9th century and gradually spread with the expansion of the Kingdom of Castile into central and southern Iberia during the...

    )


United States service

The network also provides funding and studio facilities for the nightly PBS
Public Broadcasting Service
The Public Broadcasting Service is an American non-profit public broadcasting television network with 354 member TV stations in the United States which hold collective ownership. Its headquarters is in Arlington, Virginia....

/WNET
WNET
WNET, channel 13 is a non-commercial educational public television station licensed to Newark, New Jersey. With its signal covering the New York metropolitan area, WNET is a primary station of the Public Broadcasting Service and a primary provider of PBS programming...

 program Charlie Rose
Charlie Rose (talk show)
Charlie Rose is an American television interview show, with Charlie Rose as executive producer, executive editor, and host. The show is syndicated...

.

Shortly after Bloomberg's launch, the now-defunct American Independent Network
American Independent Network
The American Independent Network was one of the first major attempts at building a television network, consisting of low-powered television stations. Started by Don Shelton, Randy Moseley, and Lynn Synder, it was similar to the older Channel America , and was the foundation for Urban America TV...

 carried a simulcast of the channel at various times each weekday from 1995 to 1997. The network's morning pre-opening bell programming was also aired on the USA Network
USA Network
USA Network is an American cable television channel launched in 1971. Once a minor player in basic cable, the network has steadily gained popularity because of breakout hits like Monk, Psych, Burn Notice, Royal Pains, Covert Affairs, White Collar, Monday Night RAW, Suits, and reruns of the various...

, simulcast
Simulcast
Simulcast, shorthand for "simultaneous broadcast", refers to programs or events broadcast across more than one medium, or more than one service on the same medium, at the same time. For example, Absolute Radio is simulcast on both AM and on satellite radio, and the BBC's Prom concerts are often...

ed in a paid programming arrangement with the channel until 2004, when that network dropped the simulcast months before the NBC Universal
NBC Universal
NBCUniversal Media, LLC is a media and entertainment company engaged in the production and marketing of entertainment, news, and information products and services to a global customer base...

 merger was consummated, due to concerns USA would then air the coverage of a competitor to future sister network CNBC
CNBC
CNBC is a satellite and cable television business news channel in the U.S., owned and operated by NBCUniversal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers...

. The simulcast then moved to E!
E!
E! Entertainment Television is an American basic cable and satellite television network, owned by NBCUniversal. It features entertainment-related programming, reality television, feature films and occasionally series and specials unrelated to the entertainment industry.E! has an audience reach of...

 (which became NBCU-owned in January 2011 due to NBCU's purchase by Comcast
Comcast
Comcast Corporation is the largest cable operator, home Internet service provider, and fourth largest home telephone service provider in the United States, providing cable television, broadband Internet, and telephone service to both residential and commercial customers in 39 states and the...

), where it remained until its end in January 2009, when the network had expanded their reach on digital cable
Digital cable
Digital cable is a generic term for any type of cable television distribution using digital video compression or distribution. The technology was originally developed by Motorola.-Background:...

 systems enough to negate the simulcast. In its time on E!, the 5-8am block was the most watched period for the network according to Nielsen Media Research
Nielsen Media Research
Nielsen Media Research is an American firm that measures media audiences, including television, radio, theatre films and newspapers...

.

Bloomberg Television's US network debuted a new graphics package in January 2009. This current scheme was first used on the network's now-defunct pre-market programme, Starting Bell, before the new graphics expanded to all of the network's programmes on February 17, 2009. Also on that date, Bloomberg US revamped its weekday programming lineup (see "Programs on Bloomberg" below).

Starting October 2009, Bloomberg Television debuted another new graphics package again.

Bloomberg launched a high definition
High-definition television
High-definition television is video that has resolution substantially higher than that of traditional television systems . HDTV has one or two million pixels per frame, roughly five times that of SD...

 feed on May 9, 2011, with Time Warner Cable
Time Warner Cable
Time Warner Cable is an American cable television company that operates in 28 states and has 31 operating divisions...

 as its first provider.

International channels

In February, 2009, Bloomberg Television announced that it would cease operating some of the international variations of the channel placing a greater focus on a more international Bloomberg channel.

On March 9, 2009, the localised channels available in Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

, France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

, Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...

 and Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 ceased operations. Today, throughout Europe the original pan-European version of Bloomberg Europe (International) is available on cable and digital television providers.

Since March 9, 2009, Bloomberg Television now utilizes its existing international production teams in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

 (Bloomberg Asia), Europe (Bloomberg Europe) and America (Bloomberg) adding a more global feel to the channel. Bloomberg International provides programming from Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

 in the early morning, produced by Bloomberg Asia (International), from London in the late morning, produced by Bloomberg Europe (International) and from its main headquarters in New York in the afternoon. Each Bloomberg receives localized advertising and a relevant business news ticker on screen.

Bloomberg Japan ceased broadcasting on April 30, 2009. The channel has now been replaced by Bloomberg Asia (International).
Bloomberg Japan's Japanese language print newsroom and website continue to operate normally. As of June 2009, small on-air segments in cooperation with BS-Fuji Television commenced. As of October 2009 segments with TBS (Tokyo Broadcast System) were added. Bloomberg Brazil and Bloomberg Latin America were integrated into the global Bloomberg channel during the year 2009.

Bloomberg is an associate member of: the Caribbean Cable & Telecommunications Association. and the Caribbean Cable Cooperative.

In November 2011 Bloomberg announced the formation of "Bloomberg TV Mongolia" in partnership with Trade and Development Bank of Mongolia
Trade and Development Bank of Mongolia
Trade and Development Bank is a commercial bank located in Ulaanbaatar, Mongolia. It is the oldest and one of the largest banks in Mongolia and was founded on 1990. TDB announced a partnership to form "Bloomberg TV Mongolia" that would be headquarted in Mongolia....

 (TDB), the oldest and one of the largest commercial banks in Mongolia
Mongolia
Mongolia is a landlocked country in East and Central Asia. It is bordered by Russia to the north and China to the south, east and west. Although Mongolia does not share a border with Kazakhstan, its western-most point is only from Kazakhstan's eastern tip. Ulan Bator, the capital and largest...

. The channel will offer a mix of locally produced, Mongolian language
Mongolian language
The Mongolian language is the official language of Mongolia and the best-known member of the Mongolic language family. The number of speakers across all its dialects may be 5.2 million, including the vast majority of the residents of Mongolia and many of the Mongolian residents of the Inner...

 content as well as English language
English language
English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria...

 news from Bloomberg Television.

United States

Daily shows
  • InsideTrack with Erik Schatzker
    Erik Schatzker
    Erik Schatzker is an anchor and editor-at-large at Bloomberg Television and the host of the early-morning newscast "InsideTrack," a program about investing which is directed toward an audience in United States....

  • In The Loop with Betty Liu
    Betty Liu
    Betty Liu is a news anchor for Bloomberg Television, a subsidiary of Bloomberg L.P. She counts viewers down to the opening of the market.-Personal life:...

  • InBusiness with Margaret Brennan
    Margaret Brennan
    Margaret Brennan is an anchor and reporter for Bloomberg television. ‘InBusiness with Margaret Brennan’ airs from 10 am-noon ET. The daily program focuses on the global markets and the interconnection of geopolitical, economic and consumer trends...

  • Surveillance Midday with Tom Keene
  • Money Moves with Deirdre Bolton
    Deirdre Bolton
    Deirdre Bolton kicks off Bloomberg Television’s morning markets coverage on her 6am-8am show. With reporters in London, Frankfurt, Hong Kong and New York, she sets up the trading day for investors around the globe...

  • Bloomberg Bottom Line with Mark Crumpton
  • Street Smart with Lisa Murphy
    Lisa Murphy
    Lisa Murphy is an American news anchor hosting Fast Forward from and co-hosting Street Smart from on Bloomberg Television in New York.-Career:...

     and Adam Johnson
    Adam Johnson
    Adam Johnson is an English footballer who plays for Premier League club Manchester City as a winger. A product of the Middlesbrough youth academy, he came to prominence after making his debut aged seventeen in a UEFA Cup game. He played 119 games for Middlesbrough, having also played on loan with...

  • Taking Stock with Pimm Fox
    Pimm Fox
    Pimm Fox is the news anchor of Taking Stock, a program of business interviews and financial news analysis broadcast daily on Bloomberg Radio & Bloomberg Television, subsidiaries of Bloomberg L.P....

  • Bloomberg West with Emily Chang
    Emily Chang (journalist)
    Emily Chang, an American journalist, is a Bloomberg TV anchor based in San Francisco, where she hosts a daily show focused on technology, called Bloomberg West....

     and Cory Johnson
    Cory Johnson
    Cory Johnson is an American journalist. He is the founding editor-in-chief of the hip-hop basketball magazine SLAM. He later became an editor of Vibe magazine before helping found TheStreet.com as a reporter and eventual West Coast bureau chief....

  • Bloomberg Rewind with Matt Miller
  • Charlie Rose
    Charlie Rose (talk show)
    Charlie Rose is an American television interview show, with Charlie Rose as executive producer, executive editor, and host. The show is syndicated...


Weekly shows
  • Political Capital with Al Hunt
    Al Hunt
    Albert R. Hunt Jr. is the executive Washington editor for Bloomberg News, a subsidiary of Bloomberg L.P. Hunt hosts the Sunday morning talk show Political Capital on Bloomberg Television, which airs on Friday night.-Personal life:...

  • Venture with Cris Valerio
    Cris Valerio
    Cris Valerio is an American business news anchor and interviewer. She currently is the host of Bloomberg Television's small business and entrepreneurship show, "Venture." Cris joined Bloomberg after working in local television...

  • Conversations with Judy Woodruff
    Judy Woodruff
    Judy Woodruff is an American television news anchor and journalist.Woodruff is a Board Member at the IWMF .-Broadcast journalism career:...

  • Intelligence Squared
    Intelligence Squared
    Intelligence Squared is a UK based organisation that stages debates around the world. It began in London, but now operates globally in the US, Australia, Hong Kong, Ukraine and Nigeria...

  • Bloomberg Game Changers
  • Bloomberg Risk Takers
  • TechStars


Bloomberg Asia

Daily shows
  • First Up with Susan Li
  • On The Move Asia with Rishaad Salamat
  • Asia Edge with Susan Li and Rishaad Salamat

Weekly shows
  • High Flyers with Haslinda Amin

Bloomberg Europe

Daily shows
  • First Look with Linzie Janis
  • Countdown with Linzie Janis, Francine Lacqua and Owen Thomas
    Owen Thomas (journalist)
    Owen Thomas is a London-based anchor for Bloomberg Television. He has been a news presenter on BBC World News and BBC World Service and an anchor on CNN International.-Journalism career:...

  • On the Move with Francine Lacqua
  • The Pulse with Maryam Nemazee
  • Last Word with Andrea Catherwood
    Andrea Catherwood
    Andrea Catherine Catherwood is a Northern Irish television presenter and journalist.-Early life:Andrea Catherwood was born and raised in Belfast where her mother, 'Adrienne McGuill', was an announcer and newsreader at Ulster Television from 1959 to 1969, and also presented 'The Romper Room', from...



Weekly shows
  • Eye To Eye with Francine Lacqua
  • Monocle
    Monocle (2007 magazine)
    Monocle is a lifestyle magazine and website founded by Tyler Brûlé, a Canadian journalist and entrepreneur. Described by CBC News reporter Harry Forestell as a "meeting between Foreign Policy and Vanity Fair", the magazine provides a globalist perspective on issues as fashion, international...

    with Tyler Brûlé
    Tyler Brûlé
    Tyler Brûlé is a Canadian journalist, entrepreneur, and magazine publisher. He is the editor-in-chief of Monocle and a columnist for the Weekend FT.-Early years:...



Controversy

On April 13, 2011, Bloomberg Television was heavily criticized for using an advanced copy of a speech delivered by U.S. President Barack Obama to censor live coverage of the speech. During the live speech, which was about the national debt, Bloomberg cut out a portion of the speech. The exact transcript of the removed portion was:
By 2025, the amount of taxes we currently pay will only be enough to finance: our healthcare programs (Medicare and Medicaid), social security, and the interest we owe on our debt. That's it. Every other national priority: education, transportation, even our national security, will have to be paid for with borrowed money. Now ultimately this rising debt will cost jobs and damage our economy. It will prevent us from making the investments we need to win the future. We won't be able to afford good schools, new research, or the repair of roads. All the things that create new jobs and new businesses here in America. Businesses would be less likely...


During the time when this section of the speech was being delivered, the newscast presented a short segment about the "Beige Book
Beige Book
The Beige Book, more formally called the Summary of Commentary on Current Economic Conditions, is a report published by the United States Federal Reserve Board eight times a year. The report is published in advance of meetings of the Federal Open Market Committee...

", a report which is regularly issued by the Federal Reserve Board.

Much of the controversy concerned whether or not the censorship had racial overtones, or was simply directed at the specific content of the speech.

In the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

, Bloomberg television was severely reprimanded for breach of Ofcom
Ofcom
Ofcom is the government-approved regulatory authority for the broadcasting and telecommunications industries in the United Kingdom. Ofcom was initially established by the Office of Communications Act 2002. It received its full authority from the Communications Act 2003...

 rules during the 2005 UK national (General) election
United Kingdom general election, 2005
The United Kingdom general election of 2005 was held on Thursday, 5 May 2005 to elect 646 members to the British House of Commons. The Labour Party under Tony Blair won its third consecutive victory, but with a majority of 66, reduced from 160....

. Bloomberg TV was found to have showed pro-Labour Party
Labour Party (UK)
The Labour Party is a centre-left democratic socialist party in the United Kingdom. It surpassed the Liberal Party in general elections during the early 1920s, forming minority governments under Ramsay MacDonald in 1924 and 1929-1931. The party was in a wartime coalition from 1940 to 1945, after...

 bias. This occurred due to a breach of British law. In the run up to a general election television channels must provide equal time to all major political parties. Bloomberg covered the release by the Labour Party of their so-called "Business Manifesto" but did not provide counter-balancing air time to the Conservatives
Conservative Party (UK)
The Conservative Party, formally the Conservative and Unionist Party, is a centre-right political party in the United Kingdom that adheres to the philosophies of conservatism and British unionism. It is the largest political party in the UK, and is currently the largest single party in the House...

 or Liberal Democrats
Liberal Democrats
The Liberal Democrats are a social liberal political party in the United Kingdom which supports constitutional and electoral reform, progressive taxation, wealth taxation, human rights laws, cultural liberalism, banking reform and civil liberties .The party was formed in 1988 by a merger of the...

.

Datascreen and news ticker

Bloomberg was well-known for using a datascreen format that occupied most of the TV screen and the camera shots.

Until 1998, Bloomberg did not have a moving ticker. Instead, it had boxes that were dedicated to world news as well as weather conditions in selected cities in addition to market data, which was confined to the bottom of the screen. This changed gradually to focus more on business news. The data screen was reformatted several times to include a moving stock ticker and accommodate new graphics.

The datascreen format was phased out in late 2007 where the programmes were seen almost in full screen with the ticker and headlines bar confined to the lower part of the screen.

Competitors

Bloomberg Television's main competition in the US is CNBC
CNBC
CNBC is a satellite and cable television business news channel in the U.S., owned and operated by NBCUniversal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers...

 and Fox Business Network
Fox Business Network
Fox Business Network is an American cable news and satellite news television channel that began broadcasting on October 15, 2007. It is owned by the Fox Entertainment Group, part of Rupert Murdoch's News Corporation...

. International competitors include:

  • Al Jazeera English
  • Australia Network
    Australia Network
    Australia Network, originally Australia Television International and later ABC Asia Pacific, is a free-to-air international satellite television service operated by the Australian Broadcasting Corporation since 2006. The television and online service broadcasts 24 hours a day on 7 days a week, to...

  • BBC World News
  • BFM Business
    BFM Business
    Business BFM, BFM until April 2009 and BFM Radio until November 2010, is a private French radio station. From November 2010, BFM Business is a television station offering national economic stall regional Ile-de-France....

  • CNN International
    CNN International
    CNN International is an international English language television network that carries news, current affairs, politics, opinions, and business programming worldwide. CNN is one of the world's largest news organizations. It is owned by Time Warner, and is affiliated with CNN, which is mainly...

  • CCTV-9
    CCTV-9
    CCTV-9 is the documentary channel of the television network, CCTV in the People's Republic of China. This channel has a local Mandarin Chinese edition called CCTV-9, and an international English language edition called CCTV-9 Documentary. The English edition is carried by more satellites than the...

  • Deutsche Welle
    Deutsche Welle
    Deutsche Welle or DW, is Germany's international broadcaster. The service is aimed at the overseas market. It broadcasts news and information on shortwave, Internet and satellite radio on 98.7 DZFE in 30 languages . It has a satellite television service , that is available in four languages, and...

  • Euronews
    EuroNews
    Euronews is an international multilingual news television channel.It covers world news from what it claims to be a 'European' perspective.Criticisms are that the perspective is in fact that of the European Commission - a major and growing funder of Euronews....

  • Fox News Channel
    Fox News Channel
    Fox News Channel , often called Fox News, is a cable and satellite television news channel owned by the Fox Entertainment Group, a subsidiary of News Corporation...

     International
  • France 24
    France 24
    France 24 is an international news and current affairs television channel. The service is aimed at the overseas market, similar to BBC World News, DW-TV, NHK World and RT, and broadcast through satellite and cable operators throughout the world. During 2010 the channel started broadcasting through...

  • Press TV
    Press TV
    Press TV is a 24-hour English language global news network owned by the Iranian government. Its headquarters are located in Tehran, Iran, with bureaux in Beirut , Damascus , London , Seoul and Washington DC ....

  • Russia Today
    Russia Today TV
    RT, previously known as Russia Today, is a global multilingual television news network based in the Russian Federation run by the state-owned state-run RIA Novosti....

  • Sky News International
    Sky News
    Sky News is a 24-hour British and international satellite television news broadcaster with an emphasis on UK and international news stories.The service places emphasis on rolling news, including the latest breaking news. Sky News also hosts localised versions of the channel in Australia and in New...



External links


Asia

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK