Bloomberg Media CEO silences critics with early success

Justin Smith, the CEO of Bloomberg Media, seems to be silencing some of his earlier critics, at least at the troubled website. In a memo Tuesday, Smith told staffers that “our audience is increasing in size and users are spending far more time with our content than before.”

In December, he said the site attracted 27.7 million unique visitors, a 29 percent year-over-year increase. He also said that Bloomberg held the No. 1 and No. 2 positions in comScore’s global business and finance category for seven months.