315,000 subscribers paying north of $20,000 per year, as of 2013.[0] Whoa.
[0] https://qz.com/84961/this-is-how-much-a-bloomberg-terminal-c...
[0] https://qz.com/84961/this-is-how-much-a-bloomberg-terminal-c...
Paul Graham once wrote that "information wants to be free", and that there are very few areas in which you can make a significant revenue by selling information, financial information being the exception.
$6B ($9b) seems to be the upper bound of revenue for an information product (company). And Bloomberg has unusually wide moat.
Actually turns out the original quote attributed to Brand is not quite right. There is a qualifier ("Information almost wants to be free"), but that qualifier dropped off along the way.
See http://www.digitopoly.org/2015/10/25/information-wants-to-be...