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> "More information is available on the bloomberg terminal" And I thought "Sign up for blah news Premium(tm) for 9.99/day or whatever to access the rest of thi
by vikramkr 6y ago
> "More information is available on the bloomberg terminal"
And I thought "Sign up for blah news Premium(tm) for 9.99/day or whatever to access the rest of this article" was bad. At least those subscriptions aren't 20k/person/year licenses for financial services/trading software ...
- ska 6y agoOn the other hand everyone I know who has one (a bloomberg terminal) would readily pay more for it. Can't say that about most news subscriptions.
- vikramkr 6y agoThat's true. Bloomberg terminals are pretty awesome. The customer base for them are probably the customer base the most able to quantify how much value any software provides to their business, and could afford a far higher price as well. Though I imagine Thomson Reuters and other competitors might be getting in the way of bloomberg capturing more value than they already are.
- ska 6y agoI suspect the latter is true, in a way it wasn't years ago and they were just ridiculously ahead. On the cost, one person I know who uses them commented that on any given year they wouldn't have much trouble picking one day where it paid for itself (i.e. that day made the whole year subscription worthwhile).