Former NBC, Sony BMG Exec Joins Bloomberg

NEW YORK, October 15: Andrew Lack, a former president of NBC
and ex-chairman of Sony BMG, is joining Bloomberg to serve as the financial
news company’s multimedia CEO, overseeing TV, interactive and radio operations.

Lack will work closely with Matthew Winkler, Bloomberg
News’S founder and editor-in-chief, and Norman Pearlstine, the chief content
officer, reporting to Dan Doctoroff, the president of Bloomberg L.P. “This incredibly
powerful team will lead our global journalistic efforts,” Doctoroff said.
“Bloomberg—unburdened by outdated business models—has the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.”

“Andy Lack is a news legend,” continued 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.”

Lack was most recently chairman of Sony BMG Music
Entertainment. In the past, Lack also served as the chairman and CEO of Sony
Music Entertainment, president and COO of NBC, and president of NBC News, among
other senior roles.

—By Mansha Daswani