When/how did Bloomburg get a spine re China?
Most US media is very deferential to China since their revenue from advertising is dependent on China manufactured goods.
[When/how did Bloomburg get a spine re China?
Most US media is very deferential to China since their revenue from advertising is dependent on China manufactured goods.]
Bloomberg is an exception. It makes no movies or scripted TV shows, and its bread-and-butter is financial terminals providing proprietary data that cost $24,000 each annually. Because they are an indispensable tool of the trade, they are installed in China as well. But at last count, at 5,500 out of 325,000 total installed terminals, the Chinese segment was a blip. And Michael Bloomberg is Bloomberg LP’s 88% controlling shareholder. He is worth $50b and probably doesn’t care about what the Party thinks all that much, except perhaps as it relates to the safety of his reporters and news sources inside China.