Bloomberg Shows Interest in Acquiring Dow Jones and WP

[Asia Economy New York=Special Correspondent Joselgina] Media mogul Michael Bloomberg is reportedly considering acquiring Dow Jones, the parent company of the Wall Street Journal (WSJ), or the Washington Post (WP).

On the 23rd (local time), the US internet media Axios cited an anonymous source reporting that Bloomberg is showing interest in such acquisitions. Axios stated, "Bloomberg wants to expand his media empire and sees Dow Jones as suitable for this," adding, "However, if Jeff Bezos wants to sell WP, he would also buy it."

Dow Jones, which publishes WSJ and MarketWatch, is a subsidiary of News Corp, owned by media mogul Rupert Murdoch. If the deal is finalized, a powerful and massive economic media group is expected to be created. However, Bloomberg has not yet indicated any intention to acquire or started official discussions with banks or others, according to reports.

Axios also reported that if Bloomberg acquires WP, which has strengths in the political field, synergy is expected in federal government coverage. WP, acquired by Amazon founder Bezos, recently announced layoffs and has been plagued by sale rumors.

This content was produced with the assistance of AI translation services.