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As president, Mr. Doctoroff was responsible for the financial products, data products, news, multimedia, operations and ventures units of Bloomberg.
His print businesses as a whole made money, but his Taiwanese television and multimedia operations lost HK$1.2 billion, partly because Mr Lai was not allowed to broadcast on the island's main cable systems.
Two immediate pressure points will sharpen this question in the UK: a) As the economics of the local press become more challenging, there will be a persuasive argument that the future of local news may lie in converged multimedia operations.
Finally, Itemus Inc. in Toronto, a so-called incubator, agreed to acquire an 80percentt stake in the multimedia operations of Shooting Gallery Inc. in New York in a stock transaction valued at $56 million.
And, breaking with Telefonica's tradition as a unified national giant, he is spinning off businesses like cell phones and multimedia operations to cash in on investor appetite for technology stocks.
Bloomberg TV, which has been broadcast around the world on up to 11 channels, is trying to create "a single English-language global network," said Andy Lack, who heads the company's multimedia operations.
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Lewis's mission was to turn the Telegraph from a newspaper into a complete multimedia operation.
The editing, sound and special effects are also being finished here in Vancouver at a multimedia operation called Goldtooth Creative.
A BBC lifer, Horrocks set up the BBC News multimedia operation and was made director of the World Service in 2009.
A BBC lifer, Horrocks set up the BBC's multimedia operation and was made director of the World Service in 2009.
"The concept of evolving into a multimedia operation appears simple in concept but is very complicated in terms of execution," said James C. Goss, an analyst at Barrington Research.
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