Bloomberg Exec ‘Safe’ as Media Division Turns Around

New York Post: Justin Smith, once rumored to be on the hot seat at Bloomberg LP as the media division struggled, has seen his fortunes improve as the division, which he heads as CEO, appears to be turning around. On Thursday, his boss Michael Bloomberg tweeted, “Congrats to the team @BBGMedia for continuing to build a strong business.” It would seem Smith is off the hot seat.