This is not the case at all. They provide their own proprietary non-conflated data for a bunch of different classes (markets, prices, research, news, etc) and it’s packaged with their yearly licence fee of ~30K USD per year.
They have a website you can read about what they offer in their software with the licence.
They have a website you can read about what they offer in their software with the licence.
[1] https://www.bloomberg.com/professional/product/data/