I have signed an agreement, announced today, to partner with Bloomberg across its entire news organization.
What does this mean? Well, a bunch of things. First, I'll do a regular Bloomberg opinion column alongside people like Michael Lewis and others. There will soon be a new Kedrosky blog at Bloomberg.com, and you're going to see me on Bloomberg TV and listen to me on Bloomberg radio -- a lot, and exclusively.
This is the part of these deal-related notes where people prattle on endlessly about how delighted they are. Well, I am. Delighted, that is. Really. Bloomberg is set to blast away at the fusty world of finansciencesocioeconomics media with more content, more analysis, more ... of more.
We see things in similar ways: we love data, visuals, and synthesizing across economics, markets, sports, science, technology, and current affairs. Meteorology too. What's more, Bloomberg is fine with me doing my usual eclectic stuff, including speaking, investing in early-stage private companies, and so on.
If you have any more questions, here is an FAQ. This is the interweb, after all.
So, you're selling out?*
Yes. I mean, it would be stupid to pretend that there isn't money involved. There is. (All upfront, and all in Renminbi, of course. I have ace counsel.) But doing it just for the money would be boring. This simply seems like fun, and I'm interested in partnering with someone who can help grow a bigger audience for the sorts of things I like to do. And it helps that Bloomberg has more data than I do – a lot more. And, yes, yes, Bloomberg has money.
What's going to happen to Infectious Greed?*
Nothing, nada, nyet. I'll still be putting the usual sort of things on my site. Science, technology, economics, book stuff, academic papers, worrying over Wimbledon grass wear patterns, musing about what kind of tree Yahoo would be if it was a tree, wondering why Chinese cars don't use gasoline, and so on. You know, that sort of thing, heavy on synthesis and making connections.
Going forward Bloomberg will handle the business side of things on this site. My thanks to John Battelle and Federated Media who handled advertising on the site up to this point. They have been fantastic partners, and John is a good friend and a lovely man. Thanks John.
So, you're selling out?*
C'mon, same answer. It's about money, but it's not just about money. It's about audience, scale, data, and resources. It's about growing something and making it bigger, while giving me access to more people on a global scale. It's also about having fun. And if it's not fun, why do it?
What's going to be different?*
I hope that more data, a larger audience, and more resources will make the sorts of things I like to do more accessible to more people. Having said that: one of my goals in making the change – and the Bloomberg people have been hugely supportive of me in this – is to make the changes as seamless and transparent as possible.
To be specific:
- The Infectious Greed site stays the same.
- There will soon be a new blog on Bloomberg.com, called, why not, Paul Kedrosky.
- I will be exclusive to Bloomberg, working with its terminal, online, TV, and radio properties.
Paul Kedrosky is a contributor to Bloomberg.com