The city pays the standard rate for a single subscription to the terminal, officially known as Bloomberg Professional, including Bloomberg Anywhere access, which allows the customer to log in from other devices.īloomberg is currently charging single-terminal subscribers $2,000 a month for two-year contracts. Yesterday we published Oceanside’s contract with Bloomberg along with related documents, which you can read here. The pricing data in our chart comes from Oceanside, California, which has a Bloomberg terminal for its treasurer.
Bloomberg declined to comment on its pricing. That price, however, increased proportionally with the single-terminal price over the past decade. But it does charge a lower price-currently about $20,000 a year-for customers with two or more subscriptions, including large banks than can have hundreds of terminals. It’s now the market leader, with 315,000 subscribers.īloomberg is famously averse to discounting, and only offers one level of subscription with access to all data. But we’ve got our hands on what Bloomberg has charged going back to 2001, when the company had about 160,000 terminal subscribers and still trailed its greatest rival, Thomson Reuters. The closely held company doesn’t publicize its prices, which are the most expensive among financial data providers. Bloomberg is now charging $24,000 a year for a single terminal subscription.
