Bloomberg Businessweek

Overview

Bloomberg Businessweek is a weekly American business magazine covering companies, markets, technology, policy and economic trends, published by Bloomberg L.P.

History

The magazine launched as The Business Week in New York in September 1929, weeks before the stock market crash, founded under Malcolm Muir, president of McGraw-Hill from 1928 to 1937; its name was shortened to Business Week in 1934. Stephen B. Shepard served as editor-in-chief from 1984 to 2005, growing readership to more than six million before departing to become founding dean of the CUNY Graduate School of Journalism. Facing declining circulation and advertising revenue, McGraw-Hill put the magazine up for sale in 2009; Bloomberg L.P. acquired it that December for a reported $2 million to $5 million plus assumption of liabilities, renaming it Bloomberg BusinessWeek and restyling it Bloomberg Businessweek in a 2010 redesign. In 2016, amid annual losses of $20-30 million, Bloomberg cut nearly 30 journalists and installed Washington bureau chief Megan Murphy as editor-in-chief, succeeding Ellen Pollock. Joel Weber was named editor in 2018.

Key personnel

Editor-in-Chief, Bloomberg News (parent operation): John Micklethwait (since 2015)

Location and contact info

Address
New York, NY
Website
https://www.bloomberg.com/businessweek