Bloomberg News
David Pauly says for about $20 billion,
Warren Buffett's Berkshire Hathaway could buy the New York Times Co., Dow Jones, Tribune, and shares of Washington Post that BH doesn't already own. "Buying all four companies might be a stretch, but why not one or three?" writes Pauly. "As private companies under Buffett's wing, they would have time to work out their future -- newspapers can't be obsolete -- without worrisome thoughts about the next quarterly report to shareholders."
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Amid the bad news, there's one positive story about newspapers (WP)
