I think everybody in Washington is keeping an eye on what Bloomberg’s doing in Washington. They’re spending a lot of money, they’re hiring a lot of people, they’re getting more deeply involved in policy areas, particularly on the data end of things. I don’t see them as a direct competitor to what we’re about to launch; I see them as complimentary in some ways. Bloomberg is really going to be a dominant player in the data business, interpreting government actions and how it affects Wall Street and how it affects investors. I see us very much as being in the human intelligence business, helping people understand the decisions, what’s going to happen next, and how it all fits together. I think Bloomberg is a much bigger threat to National Journal and CQ because they’re going after the data business, and, from what I’ve seen they’re doing it in a much more comprehensive way.

Joel Meares is a former CJR assistant editor.