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paidContent.org - Industry Moves: Andy Lack Lands At Bloomberg As Multimedia CEO

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Rafat Ali
paidContent.org
Tuesday, October 14, 2008; 3:07 PM

Andy Lack is back, after leaving Sony BMG earlier this year under troubled circumstances for the company. He is resurfacing at Bloomberg, and is being appointed as the CEO of its multimedia group, responsible for the company's TV, interactive and radio operations. Lack will work closely with Bloomberg News Founder and Editor-in-Chief Matthew Winkler and Chief Content Officer Norman Pearlstine, the company said...He will report to Doctoroff, as do Winkler and Pearlstine.

Before his surprise stint at Sony BMG, Lack was the president of NBC News for eight years, and served for two years as president and COO for NBC. Before that, he spent much of his TV career at CBS News. As for his personal digital creds to steer a heavily digital-based org like Bloomberg, that remains to be seen?

The business media company has been undergoing restructuring for the last few months. The multimedia group Lack will head was created in July, known internally as "PLAN B." Winkler will continue to head the news group, which includes the wire service,Bloomberg Marketsmagazine, and Bloomberg Press books. Pearlstine serves as the liaison between the news and multimedia groups, "defining the relationship between them and leveraging content across all the company's platforms," the company said. More details in release.

Meanwhile, Pearlstine will do a spotlight Q&A at our Future of Business Media conference later this month on Oct 28th, in NYC.

Related

It?s Official: Merrill Sells Stake In Bloomberg To Bloomberg LP For $4.425 Billion

Bloomberg Restructures Amidst Merrill Stake Sale Talks; Text Separates From Multimedia Division

Pearlstine Leaves Carlyle, Returns To News As Bloomberg?s Chief Content Officer


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