Warren Buffett

Times public editor calls Joe Nocera column 'intrinsically flawed,' calls for more than a correction

New York Times public editor Margaret Sullivan has weighed in on a dispute between two heavyweights. In one corner is high-profile Times columnist Joe Nocera. In the other, billionaire investor Warren Buffett. In the end, she sides with Buffett, writing that a Nocera column about Buffett is "so intrinsically flawed, a standard correction didn’t get the job done." … Read More

Warren Buffett buys a TV station

Graham Holdings Company Berkshire Hathaway will buy "a wholly-owned subsidiary of Graham Holdings Company" that includes Miami's WPLG-TV. The consideration is "approximately 1.6 million shares of Graham Holdings Class B common stock currently owned by Berkshire Hathaway," Graham Holdings says in a press release. Graham Holdings used to be known as the Washington Post Co. Read More

Buffett-owned Richmond Times-Dispatch introduces paywall

Richmond Times-Dispatch "Giving away content online no longer can be sustained," Richmond (Va.) Times-Dispatch Publisher Tom Silvestri writes in a letter to readers. "Not if we want to be around for another 160-plus years serving the Richmond region and Virginia with the kind of news reporting that makes a difference and advertising deals that delight." The Times-Dispatch's "All Access" plan, coming Tuesday, will operate in a manner now familiar to paywall observers: People who don't subscribe to the paper will be able to see 20 stories per 30-day period without hitting a gate. Videos, obituaries, classified ads, section fronts and wire copy won't count against the meter. And subscription prices will rise next year, Silvestri says, when the paper "will install a comparatively small increase to cover projected higher costs, some of which result from this month’s rollout of new sections and added pages." Read More
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