Andrew Lack Joins Bloomberg

Former SONY BMG CEO ANDREW LACK has joined BLOOMBERG L.P. as CEO for its multimedia group. LACK, the former NBC President and head of CBS NEWS, will oversee the company's TV, radio, and interactive operations. He will work closely with Founder/Editor-in-Chief MATTHEW WINKLER and Chief Content Officer NORMAN PEARLSTINE.

"ANDY LACK is a news legend," said Pres. DAN DOCTOROFF. "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."

DOCTOROFF continued, "This incredibly powerful team will lead our global journalistic efforts. BLOOMBERG -- unburdened by outdated business models -- has the opportunity to redefine the 21st century news organization, fully integrating our wire service, television, online, radio and mobile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."

LACK said he decided "to return to news -- my first love -- after I was approached by BLOOMBERG executives seeking a head for the company's multimedia group. I am impressed by the Company's ambitions and its resources; by its desire to develop and advance new ways to serve the consumer; by its continued obsession with maintaining the highest journalistic standards."

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