Bloomberg L.P. Names Multimedia Chief

Bloomberg L.P., the financial news company, announced Tuesday that it had hired Andrew R. Lack, the longtime media executive who was once the president of NBC News, to a new position as chief executive of its multimedia group.

The move is part of a larger plan by Bloomberg to expand its reach beyond its core business of serving financial customers through computer terminals and reaching more general consumers through television, radio and new media. The company has about 300,000 monthly subscribers for its terminals.

http://www.nytimes.com/2008/10/15/business/media/15bloomberg.html?tntema...