Bloomberg L.P.
American multinational mass media corporation
Bloomberg L.P. is an American privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Bloomberg L.P. provides financial software tools and enterprise applications such as analytics and an equity trading platform, data services, and news to financial companies and organizations through the Bloomberg Terminal (via its Bloomberg Professional Service), its core revenue-generating product. Bloomberg L.P. also includes a news agency (Bloomberg News), a global television network (Bloomberg Television), websites, radio stations (Bloomberg Radio), subscription-only newsletters, and two magazines: Bloomberg Businessweek and Bloomberg Markets.
As of 2019, the company has 176 locations and nearly 20,000 employees.
History
In 1981, Salomon Brothers was acquired, and Michael Bloomberg, a general partner, was given a $10 million partnership settlement. Bloomberg, having designed in-house computerized financial systems for Salomon, used his $10 million partnership buyout to start Innovative Market Systems (IMS). Bloomberg developed and built his own computerized system to provide real-time market data, financial calculations and other financial analytics to Wall Street firms. The Market Master terminal, later called the Bloomberg Terminal, was released to market in December 1982. Merrill Lynch became the first customer, purchasing 20 terminals and a 30% equity stake in the company for $30 million in exchange for a five-year restriction on marketing the terminal to Merrill Lynch's competitors.
“Bloomberg L.P.” enters the record as american multinational mass media corporation. Crown Archives preserves that source wording while asking what Bloomberg, American and multinational can confirm, complicate or overturn.
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“Bloomberg L.P.” is worth following because a concise public description often conceals a longer documentary argument. Here, Bloomberg, American and multinational provides the most credible route into that argument.
The citation trail is more important than the brevity of the summary: it shows where individual claims can be examined in context. The source revision retrieved here is dated Aug 29, 2026. The linked authority identifier is Q13977. VIAF identifies the subject as 134069181. The Library of Congress control number is no2007042801. 1 of 4 selected statements include explicit references; 1 carry qualifiers and 0 use preferred rank. The first chronological checks are 1981, 2019 and 1982.
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This entry incorporates text from “Bloomberg L.P.” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.