Bloomberg Industry Group
| Company type | Subsidiary |
|---|---|
| Industry | Legal, tax, regulatory, and business intelligence |
| Predecessor | The Bureau of National Affairs, Inc. (BNA) |
| Founded | 1929 |
| Founder | David Lawrence |
| Headquarters | Arlington , United States |
Area served | Professional audiences in law, tax, government affairs, environment, health and safety |
Key people | Josh Eastright (CEO) |
| Products | Bloomberg Law, Bloomberg Government, Daily Tax Report, Daily Labor Report, Environment & Energy Report, Occupational Safety & Health Reporter, Tax Management Portfolios, United States Patents Quarterly, United States Law Week |
Number of employees | 2500+ |
| Parent | Bloomberg L.P. |
Bloomberg Industry Group, Inc.—previously known as Bloomberg BNA, The Bureau of National Affairs, Inc., and BNA—operates as a subsidiary of Bloomberg L.P., delivering specialized legal, tax, regulatory, and business intelligence tailored for professional audiences. The company’s headquarters are situated in the Crystal City district within Arlington County, Virginia, with Josh Eastright serving as its CEO.
Established in 1929 by David Lawrence, the firm transitioned to employee ownership in 1947. Prior to its acquisition by Bloomberg in September 2011 for nearly $990 million, it held the distinction of being the longest-standing employee-owned enterprise in the United States.
Formation and development (1929–2011)
The Bureau of National Affairs, Inc. (BNA) was created in 1929 by journalist David Lawrence as a division of United States Daily, which is now known as U.S. News & World Report. Its inaugural publication was the U.S. Patent, Trademark & Copyright Reports, currently titled United States Patent Quarterly. In 1946, Lawrence transferred ownership of BNA to five senior editors: Dean Dinwoodey, John D. Stewart, Ed Donnell, Adolph Magidson, and John Taylor. From 1947 through 2011, the company remained wholly owned by its active and retired employees.
Tax Management, Inc., operating under Bloomberg BNA, was established in 1959 by Leonard Silverstein with the goal of providing comprehensive tax analysis via the Tax Management Portfolios. This division has produced over 500 Portfolios and supplies research materials, news updates, practical tools, and expert guidance catering to tax attorneys, CPAs, corporate tax managers, estate planners, and financial accountants. Offering services across federal, state, and international tax and accounting domains, it is fully incorporated within Bloomberg Industry Group based in Arlington, Virginia.
Developments since acquisition (2011–present)
On August 25, 2011, Bloomberg L.P. declared its plan to acquire BNA for around $990 million. The deal finalized at the end of September 2011 with Bloomberg purchasing shares from BNA’s employee owners at $39.50 per share in cash. This acquisition aimed to strengthen Bloomberg’s Bloomberg Government, Bloomberg Law, and Bloomberg News platforms by integrating BNA’s extensive policy coverage and databases.
In January 2014, operational control of Bloomberg Law was transferred to Bloomberg BNA. Subsequently, on July 1, 2017, Bloomberg Government was officially incorporated into Bloomberg BNA. The entity underwent a rebranding on September 3, 2019, adopting the name Bloomberg Industry Group.
Chronological milestones
1926 – Publisher David Lawrence launches The United States Daily, a newspaper focused on governmental influences affecting business.
1929 – Introduction of BNA’s first publication: U.S. Patent, Trademark & Copyright Reports (now United States Patents Quarterly).
1933 – The United States Daily ceases daily publication following Roosevelt’s "bank holiday", transitioning into a weekly format; concurrently launches The United States News - Law Journal (later known as U.S. Law Week under BNA).
1941 – Debut of Daily Report on Price and Production Controls, notable for being the sole privately produced publication granted unlimited paper allocation during World War II.
1947 – Under President Dean Dinwoodey, BNA converts to employee ownership; the National Labor Relations Board certifies the American Newspaper Guild as the collective bargaining representative for employees.
1959 – Foundation of Tax Management, Inc., a subsidiary specializing in tax-related publications.
1970 – Launch of Environment Reporter shortly after the inaugural Earth Day event.
1984 – Acquisition of legal publisher Pike & Fisher by BNA.
1993 – Establishment of Health Care Publishing Division.
2007 – Relocation of corporate headquarters from Washington, DC to Arlington, Virginia.
2011 – Announcement by Bloomberg L.P. to acquire BNA for approximately $990 million.
2012 – Appointment of Greg McCaffery as CEO and President of Bloomberg BNA.
2014 – Integration of Bloomberg Law into Bloomberg BNA operations.
2017 – Incorporation of Bloomberg Government into Bloomberg BNA.
2019 – Rebranding from Bloomberg BNA to Bloomberg Industry Group.
Products and services
Bloomberg Industry Group produces news content spanning multiple industries. It delivers specialized solutions for professionals in fields such as law, tax and accounting, government affairs, government contracting, as well as environment, health, and safety. Supported by a team of more than 2,500 journalists and subject matter experts, it provides actionable insights, news updates, analytical tools, and expert guidance.
Legal and Bloomberg Law
Bloomberg Law is an online legal research service available via subscription, introduced by Bloomberg L.P. in 2009. It offers extensive legal information, exclusive company data, and current news tailored for lawyers, law students, and other legal practitioners. The platform integrates Bloomberg L.P.'s news coverage with Bloomberg BNA’s core and supplemental legal resources alongside business development functionalities. Notable components include Litigation and Dockets databases, Legal and Financial Analytics, Business Development Center, Practice Tools, plus News and Law Reports. In 2014, Bloomberg Law was incorporated into Bloomberg Industry Group.
Tax, Accounting, and Payroll
For accounting, corporate, and legal professionals focused on tax strategy and compliance, Bloomberg Industry Group provides specialized tax research materials. Its portfolio of tax and accounting resources features over 500 "Tax Management Portfolios," created by industry specialists that address essential topics in tax planning, transactions, jurisdictional issues, and financial accounting. Each portfolio includes evaluations of different methodologies, practical worksheets, sample documents, primary source references, and bibliographies.
In addition to tax content, the company supports payroll professionals through products like the Payroll Administration Guide and International Payroll Country Primers offered by Bloomberg Tax & Accounting. These resources deliver updates on payroll regulations both domestically and internationally, strategic white papers, and tailored research services.
Government Affairs and Government Contracting
Through Bloomberg Government, Bloomberg Industry Group supplies news coverage, data insights, and analytical tools designed specifically for professionals engaged in government affairs and contracting.
Corporate citizenship
Bloomberg Industry Group actively contributes to charitable causes and community initiatives including Arlington Food Assistance Center, DC Central Kitchen, Martha's Table, and Humane Rescue Alliance. It also extends complimentary access to Bloomberg Law for the Legal Aid Society of the District of Columbia. Michael Bloomberg, founder of the parent organization, launched Bloomberg Philanthropies in 2006 to advance efforts in public health, environmental sustainability, education reform, government innovation, and the arts.
Notable products and publications
- Bloomberg Law
- Bloomberg Government
- Daily Tax Report
- Daily Labor Report
- Environment & Energy Report
- Occupational Safety & Health Reporter
- Tax Management Portfolios
- United States Patents Quarterly
- United States Law Week