Devin Leonard

New York

Contributor at Bloomberg Businessweek

Senior writer, global business, Bloomberg News; Businessweek contributor; author of Neither Snow Nor Rain; opinions, for what they are worth, are mine alone.

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Articles

How Sean ‘Diddy’ Combs Helped Convince Business to Invest in Hip-Hop

1 month ago | bloomberg.com | Devin Leonard

Jury selection continues in his sex-trafficking trial. Plus: The Elon, Inc. podcast takes on Musk’s dealings with the SEC. Jury selection is expected to wrap up today in the federal trial of Sean “Diddy” Combs, allowing opening statements to begin next week. Devin Leonard, who’s written about the downfall of his business empire for Businessweek, talks today about why he was able to rise so far despite the signs of trouble around him.
This Man Made Music Rights a Hot Wall Street Asset, Then Lost It All

1 month ago | bloomberg.com | Devin Leonard

If you find corporate financial filings to be less than scintillating, you might try thumbing through Hipgnosis Songs Fund Ltd.’s 2021 annual report, which at times resembles an issue of Rolling Stone.
The Rise and Fall of Blackstone’s Music Catalog Dealmaker

1 month ago | news.bloombergtax.com | Devin Leonard

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The Rise and Fall of the Stock Market’s Music King

1 month ago | news.bloombergtax.com | Devin Leonard

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
The Rise and Fall of the Stock Market’s Music King

1 month ago | news.bloomberglaw.com | Devin Leonard

If you find corporate financial filings to be less than scintillating, you might try thumbing through Hipgnosis Songs Fund Ltd.’s 2021 annual report, which at times resembles an issue of Rolling Stone.
Elon Musk’s Plan to Privatize US Postal Service Is 25 Years Too Late

2 months ago | bloomberg.com | Devin Leonard

There was an opportunity before email took over the world. Plus: How colleges are weathering extreme funding cuts. Ah, privatization. To the Trump administration, it seems like a silver bullet to end perceived government waste and bureaucracy. But as Bloomberg News senior reporter Devin Leonard writes, when it comes to the US Postal Service, it’s much easier said than done—and he would know, having written a book on the topic.
Walmart Wants to Be Something for Everyone in a Divided America

Feb 23, 2025 | news.bloombergtax.com | Jaewon Kang |Devin Leonard

It’s been part of the job for every chief executive officer of Walmart for the past half-century to work with US presidents, and for Doug McMillon, Donald Trump’s first tour in the White House was no different. The two got to know each other during the Covid-19 pandemic, when Walmart secured masks and gloves for the public and turned its store parking lots into testing sites.
Walmart Wants to Be Something for Everyone in a Divided America

Feb 23, 2025 | news.bloomberglaw.com | Jaewon Kang |Devin Leonard

It’s been part of the job for every chief executive officer of Walmart for the past half-century to work with US presidents, and for Doug McMillon, Donald Trump’s first tour in the White House was no different. The two got to know each other during the Covid-19 pandemic, when Walmart secured masks and gloves for the public and turned its store parking lots into testing sites.
Walmart Aims to Rival Amazon With Birkin Dupes, Gucci Bags in Rebrand

Feb 23, 2025 | bloomberg.com | Jaewon Kang |Devin Leonard

Doug McMillon, Walmart’s chief executive officer. Photographer: Vincent Tullo for Bloomberg BusinessweekBusinessweekThe Big TakeThe world’s largest retailer has built an Apple-esque corporate campus in Bentonville, is selling Gucci online and is playing nice with Trump. Will any of it work? It’s been part of the job for every chief executive officer of Walmart for the past half-century to work with US presidents, and for Doug McMillon, Donald Trump’s first tour in the White House was no different.
‘Bluey’ Crocs, Macy’s Balloon, Experience Stoke Hope for New Episodes

Nov 15, 2024 | bloomberg.com | Devin Leonard

New products and experiences won’t replace new episodes. Plus: Trump as the AI-era president. When Bloomberg senior writer Devin Leonard wrote earlier this year about the megahit children’s show Bluey and its strangely uncertain future, its creator hadn’t committed to more seasons of the show. Is that about to change? Plus: Trump and AI regulation, how CEOs are preparing for the next administration, and why Israelis think they’ll have a better friend in the next White House.