Bloomberg Wants to Buy New York Times



It’s long been speculated that former New York Mayor Michael Bloomberg wants to purchase The New York Times and it turns out to be true. New York magazine reports that the billionaire media mogul has been speaking to close advisers regarding an acquisition, including his political adviser Kevin Sheekey and financial adviser Steven Rattner.

“Sheekey basically said, ‘We want to buy the company,'” a source familiar with the situation said of a meeting with Times Publisher Arthur Sulzberger, who stated the paper wasn’t for sale when Bloomberg approached him in 2013.

Bloomberg made his money by creating his namesake media company that offers financial data to Wall Street. Read more at New York Magazine.

{Andy Newsceter}


  1. The NY Times has been losing money year after year. Why would someone as smart as Bloomberg waste money buying the sinking ship. People HATE the NYT for their Anti America slant & being a spokes mouth for this corrupt administration.

  2. Will there be a change in editorial reporting
    No Bloomberg is a lefty as well. A billionaire but a left
    Leaning anti
    American as well