# Bloomberg L.P.

> American multinational mass media corporation

**Wikidata**: [Q13977](https://www.wikidata.org/wiki/Q13977)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Bloomberg_L.P.)  
**Source**: https://4ort.xyz/entity/bloomberg-l-p

## Summary
Bloomberg L.P. is an American multinational mass media corporation founded in 1981 by Michael Bloomberg, originally as a financial data and news service. It operates globally with headquarters in New York City and is notable for its Bloomberg Terminal, a proprietary financial software platform, and Bloomberg News, an international news agency. The company is closely associated with Bloomberg, its founder, and has expanded into television, publishing, and data analytics.

## Key Facts
- Founded in 1981 by Michael Bloomberg, an American businessman and former mayor of New York City.
- Headquartered at 731 Lexington Avenue in New York City, a skyscraper completed in 2005.
- Operates Bloomberg News, an international news agency launched in 1990.
- Owns Bloomberg Television, a financial and business cable news channel established in 1994.
- Publishes Bloomberg Businessweek, a weekly business magazine first published in 1929.
- Maintains the Bloomberg Billionaires Index, ranking the world's 500 richest people.
- Provides the Bloomberg Terminal, a proprietary financial software platform used by professionals.
- Affiliated with the World Wide Web Consortium, an international standards organization for the web.
- Partnered with the Open Data Institute, a non-profit focused on open data initiatives.
- Supports Outreachy, an open-source internship program for marginalized individuals in tech.
- Employed approximately 19,000 people as of recent reports.
- Generates annual revenue exceeding $10 billion.
- Website: [https://www.bloomberg.com/](https://www.bloomberg.com/).

## FAQs
**What is Bloomberg L.P. known for?**
Bloomberg L.P. is known for its Bloomberg Terminal, a financial software platform used by professionals, and Bloomberg News, an international news agency. It also operates Bloomberg Television and publishes Bloomberg Businessweek.

**Who founded Bloomberg L.P.?**
Bloomberg L.P. was founded by Michael Bloomberg, an American businessman and former mayor of New York City.

**Where is Bloomberg L.P. headquartered?**
Bloomberg L.P. is headquartered at 731 Lexington Avenue in New York City, a skyscraper completed in 2005.

**What is the Bloomberg Terminal?**
The Bloomberg Terminal is a proprietary financial software platform developed by Bloomberg L.P. and used by professionals for real-time financial data and analysis.

**What is Bloomberg News?**
Bloomberg News is an international news agency operated by Bloomberg L.P., providing financial and business news globally.

**What is Bloomberg Television?**
Bloomberg Television is a financial and business cable news channel operated by Bloomberg L.P., offering news and analysis on financial markets.

**What is Bloomberg Businessweek?**
Bloomberg Businessweek is a weekly business magazine published by Bloomberg L.P., covering business news and analysis.

**What is the Bloomberg Billionaires Index?**
The Bloomberg Billionaires Index is a ranking of the world's 500 richest people, compiled by Bloomberg L.P.

**What is the Open Data Institute?**
The Open Data Institute is a non-profit organization affiliated with Bloomberg L.P., focused on promoting open data initiatives.

**What is Outreachy?**
Outreachy is an open-source internship program supported by Bloomberg L.P., aimed at providing opportunities for marginalized individuals in the tech industry.

## Why It Matters
Bloomberg L.P. plays a crucial role in global financial and business news, providing real-time data and analysis through its Bloomberg Terminal and Bloomberg News. Its influence extends to financial markets, corporate decision-making, and media consumption. The company's innovations in financial technology and media have shaped how professionals and the public access and interpret financial information. Additionally, its partnerships with organizations like the World Wide Web Consortium and the Open Data Institute demonstrate its commitment to technological and data-driven advancements.

## Notable For
- Pioneering the Bloomberg Terminal, a proprietary financial software platform used by professionals worldwide.
- Operating Bloomberg News, one of the leading international news agencies.
- Launching Bloomberg Television, a major financial and business news channel.
- Publishing Bloomberg Businessweek, a respected weekly business magazine.
- Maintaining the Bloomberg Billionaires Index, a widely cited ranking of the world's wealthiest individuals.
- Affiliating with the World Wide Web Consortium, contributing to web standards development.
- Supporting the Open Data Institute, promoting open data initiatives.
- Partnering with Outreachy, an open-source internship program for marginalized individuals in tech.
- Headquartered in New York City, a global financial hub, enhancing its access to key markets.

## Body
### Founding and Leadership
Bloomberg L.P. was founded in 1981 by Michael Bloomberg, an American businessman and former mayor of New York City. Bloomberg, a prominent figure in finance and politics, played a pivotal role in establishing the company as a leader in financial data and news services.

### Headquarters and Location
The company's headquarters are located at 731 Lexington Avenue in New York City, a skyscraper completed in 2005. This location in the heart of the financial district reflects Bloomberg L.P.'s deep ties to the global financial system.

### Financial Services
Bloomberg L.P. is best known for its Bloomberg Terminal, a proprietary financial software platform used by professionals for real-time financial data and analysis. The terminal has become a standard tool in financial markets, enabling users to access comprehensive market information and perform complex financial calculations.

### News and Media
Bloomberg L.P. operates Bloomberg News, an international news agency launched in 1990. Bloomberg News provides financial and business news globally, covering markets, economics, and corporate developments. The company also publishes Bloomberg Businessweek, a weekly business magazine first published in 1929, which offers in-depth analysis and reporting on business trends.

### Television and Broadcasting
Bloomberg Television, established in 1994, is a financial and business cable news channel operated by Bloomberg L.P. The channel offers news and analysis on financial markets, corporate developments, and economic trends, catering to professionals and business audiences.

### Data and Analytics
Bloomberg L.P. maintains the Bloomberg Billionaires Index, ranking the world's 500 richest people. This index provides insights into global wealth distribution and trends in wealth accumulation. The company also supports initiatives in data analytics and open data through partnerships with organizations like the Open Data Institute.

### Community and Partnerships
Bloomberg L.P. is affiliated with the World Wide Web Consortium, an international standards organization for the web. The company also supports Outreachy, an open-source internship program for marginalized individuals in the tech industry. These partnerships demonstrate Bloomberg L.P.'s commitment to technological advancements and inclusive opportunities.

### Notable Figures
Key figures associated with Bloomberg L.P. include Daniel L. Doctoroff, a former executive, and Susan Goldberg, a former editor-in-chief of National Geographic. Ezra Klein, a prominent journalist, and Carrie Johnson, a British press officer, are also affiliated with the company. Mark Carney, a former governor of the Bank of England and prime minister of Canada, has been associated with Bloomberg L.P.

### Financial Performance
Bloomberg L.P. employs approximately 19,000 people and generates annual revenue exceeding $10 billion. These figures highlight the company's significant scale and financial impact in the media and financial services industries.

## References

1. GRID
2. [Source](https://www.lobbyfacts.eu/datacard/bloomberg-lp?rid=214140728444-40)
3. GRID Release 2017-01-10
4. [Source](https://www.w3.org/Consortium/Member/List)
5. [Source](https://www.theodi.org/organisation/bloomberg-lp/)
6. [The New York Times. 2011](https://archive.nytimes.com/mediadecoder.blogs.nytimes.com/2011/07/12/doctoroff-named-chief-executive-of-bloomberg-lp/)
7. Freebase Data Dumps. 2013
8. [Բլումբերգի մասին](https://www.bloomberg.com/company)
9. [Source](https://www.bloomberg.com/company/bloomberg-facts/)
10. [Source](https://www.businessinsider.com/bloomberg-hit-10-billion-in-annual-revenue-2019-1)
11. [Source](http://km.aifb.kit.edu/services/crunchbase/)
12. GRID Release 2016-12-06
13. [Bloomberg.com](https://www.bloomberg.com/europe)
14. EU Transparency Register
15. Aligned ISNI and Ringgold identifiers for institutions
16. [Source](https://www.bloomberg.com/news/articles/2019-12-04/how-to-follow-bloomberg-on-telegram)
17. Microsoft Academic Knowledge Graph
18. YouTube API
19. [BLOOMBERG latest news & coverage](https://www.channelnewsasia.com/news/topic/bloomberg)
20. [Bloomberg Company Culture | Comparably](https://www.comparably.com/companies/bloomberg)