Lately Bloomberg has been pressing The Miami Herald to run a Bloomberg-generated index of the stock prices of local companies. Staff members at the Herald confirm that a deal was far along with Bridge. But the deal fell apart, the Bridge executives say, when Bloomberg threatened to yank its terminals. Michael Bloomberg sees nothing wrong with choosing who gets terminals and who doesn't, and playing hardball to secure credit. But he denies pressuring any news organization.
Nobody has to take our terminals.
Our policy is, we will not sell for cash but we will give credible news organizations a free terminal in return for what's much more valuable - getting our name out there. And with the size Bloomberg has reached you probably shouldn't take anything from them for free anymore.