Andy Lack Appointed Chief Executive Officer Of Bloomberg Multimedia Group



(image via nytimes)

Andrew Lack, who has worn quite a few media hats -- as Producer for "60 Minutes," President of NBC News, CEO of Sony BMG Music Entertainment -- is the new CEO of Bloomberg LLP's multimedia group. This comes at a time where the business news is increasingly important in the moment-to-moment daily lives of more than just bankers and financial types. From the press release:

"Bloomberg named Andrew Lack Chief Executive Officer of its multimedia group, responsible for the Company's expanding television, interactive and radio operations.

"'Andy Lack is a news legend,' said Bloomberg L.P. President Dan Doctoroff in making the announcement. 'His extraordinary accomplishments at NBC and CBS News and his innovative work in the entertainment industry at Sony Corp. qualify him uniquely to lead Bloomberg's multimedia businesses.'

"Lack will work closely with Bloomberg News Founder and Editor-in-Chief Matthew Winkler and Chief Content Officer Norman Pearlstine. He will report to Doctoroff, as do Winkler and Pearlstine. 'This incredibly powerful team will lead our global journalistic efforts,' Doctoroff said. 'Bloomberg - unburdened by outdated business models - has the opportunity to redefine the 21st century news organization, fully integrating our wire service, television, online, radio and mobile operations.'"