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Summary:

Talk about optimism: Peter Grauer, Bloomberg’s chairman, thinks the news industry may be at the bottom of its slump cycle, he tells FT; read…

Bloomberg terminal

Talk about optimism: Peter Grauer, Bloomberg’s chairman, thinks the news industry may be at the bottom of its slump cycle, he tells FT; reading between the lines, he still believes it is a cyclical, not a secular change in the news media establishment, though the rest of the world outside the Bloomberg bubble would belie any of those claims. Also, he said the company is looking to make more acquisitions post BusinessWeek.

The company had looked at 70 investment opportunities in the planning cycle it was now completing, he said, and would fund

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  1. One investment was confirmed by the NYT’s Richard Sandomir — baseball, including fantasy stats:
    http://www.nytimes.com/2009/12/06/sports/baseball/06stats.html

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