Lack to Helm Bloomberg Multimedia Operations

Lack to Helm Bloomberg Multimedia Operations

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Bloomberg has named Andrew Lack the new CEO 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. "His extraordinary accomplishments at NBC and CBS News, and his innovative work in the entertainment industry at Sony, 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.

The multimedia group Lack will head was created in July following a major reorganization of Bloomberg known internally as "PLAN B." It includes the wire service, which reaches nearly 300,000 professional investors; Bloomberg Markets magazine, and Bloomberg Press books for investment professionals.

Lack was most recently Chairman of Sony BMG Music Entertainment, where he oversaw all operations of the global recorded music and video company. He also served for two years as President and COO for NBC.