Joining Multimedia Race Bloomberg Ups Network, Adds Video Programming

MARKET DATA & NEWS

Bloomberg L.P. has begun requiring that all new installations of its terminals include 56 kilobit/second tail circuits to deliver the three to four hours of daily video programming that the vendor is now developing.

With the entrance of Bloomberg, the much-watched race to put multimedia on money managers' desktops is finally heating up. Unlike the other financial video services now competing for managers' attention--such as Dow Jones & Co.'s Investor Network (DJIN) and NBC Cable's Private Fi

To continue reading...