11/9/2022 0 Comments Bloomberg terminal cost![]() ![]() Bloomberg’s revenue was $7.9 billion last year, most of it from terminals. Then growth slowed as some of Bloomberg’s biggest customers trimmed budgets or went under entirely. The number of terminal subscriptions, which we compiled from various press reports, grew steeply before the financial crisis, hitting 270,000 in 2007. Back in 2001, the price was $1,640 a month. Bloomberg raised its price much more aggressively between 20. That’s a hike of just 1.3% from the price of $1,975 in 2011, and adjusting for inflation, it’s actually a decline of 3.1%. 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. And it doesn't come cheap, costing about. ![]() And it doesn't come cheap, costing about 1,600 per month. Yesterday we published Oceanside’s contract with Bloomberg along with related documents, which you can read here. The Bloomberg Terminal is the de facto standard machine for any professional working in finance. 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. Bloomberg is famously averse to discounting, and only offers one level of subscription with access to all data. ![]()
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