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by kbenson 3936 days ago
> I believe they are heavily subsidized by Bloomberg's other business ventures, so this seems to be a more viable way to fund and disseminate high quality content.

How are those incentives less perverse than those engendered by current funding models? I don't imagine reporting on stories that show those other business ventures ina negative light may not been seen favorably at some level of management.

1 comments

I see it as the patron model, where a wealthy individual bankrolls an artist to do basically whatever the artist pleases as long as the artist paints a nice picture of the patron every once in a while.

Of course, I have no idea how closely the other branches of Bloomberg's empire tie into BusinessWeek, but from many of the articles I have read, I get the feeling that Bloomberg LP is holding off on pushing some annoying agenda until they absorb enough market share from The Economist, The Wall Street Journal, Business Insider, etc.