Bloomberg Praises Murdoch Bid

At a press conference just now at City Hall, Michael Bloomberg sounded a positive note about Rupert Murdoch’s bid to buy Dow Jones, which he called “a blockbuster deal.”

“Mr. Murdoch has put together an amazing company in News Corp," he said. "I don’t know what happens with this deal. The Wall Street Journal is a great newspaper.”

Bloomberg, who owns his own media company, added, “The business part of who owns it, that’s not my concern.”

Also, on an unrelated topic, he said that the decision by the New York Times to pull its reporters from the White House Correspondents Association annual roast in D.C. was a bit extreme. (Bloomberg performed in a similar show here recently as “Mayor Poppins.”)

“I never thought it was any particular conflict,” he said. “I do think there is some value in getting together and not talking business — laughing, joking about each other, sharing some food and wine. I just think that sets a tone for being able to work together."