Photo: Chesnot/Getty Images
Michael Bloomberg, the billionaire businessman and media mogul, is interested in acquiring either Wall Street Journal parent company Dow Jones or the Washington Post, a source familiar with his thinking told Axios.
Why it matters: 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.
Details: Bloomberg, the source notes, would be interested in a potential acquisition of either property, but Dow Jones — the publisher of financial titles such as the Wall Street Journal, Barron’s and MarketWatch — would be a stronger target.
A Dow Jones deal would give Bloomberg access to a premiere business title that could be leveraged to sell more subscriptions to the Bloomberg Terminal, a real-time data, news and analysis platform for financial professionals.
Between the lines: The Post, while less of an obvious fit, could help amplify Bloomberg’s federal government coverage, which includes Bloomberg Law and Bloomberg Government.
The big picture: Bloomberg has a history of acquiring professional news companies and folding them into its media strategy.
Editor’s note: This story has been corrected to say that Bloomberg LP bought BNA in 2011, not 2021.

11 January, 2023
0 Comment
292 Views
Michael Bloomberg interested in acquiring Dow Jones, Washington … – Axios
by Jason Peters
Photo: Chesnot/Getty Images Michael Bloomberg, the billionaire businessman and media mogul, is interested in acquiring either Wall Street Journal parent company Dow Jones or the Washington Post, a source familiar with his thinking told Axios. Why it matters: Bloomberg wants to expand his media empire and sees Dow Jones as his ideal fit, but he... Read More