Poynter. » Warren Buffett

Newspaper carrier saves person from fire while on duty

Andrew Beaujon — Mon, 13 May 2013 15:20:48 +0000

The Reidsville Review | Greensboro News & Record | WGHP-TV

Steve Bradshaw, a newspaper carrier for Warren Buffett-owned World Media Enterprises, pulled a man from a burning house Sunday, Danielle Battaglia reports in The Reidsville Review. Bradshaw was on … Read more

Warren Buffett expects his papers to deliver 10 percent returns

Andrew Beaujon — Mon, 06 May 2013 14:24:06 +0000

Associated Press | Reuters | Business Insider | Omaha World-Herald

Warren Buffett says Berkshire Hathaway “has paid cheap enough prices for the newspapers it has purchased that he expects them to deliver 10 percent returns every year, but he … Read more

How local newspapers can uncover the ‘Warren Buffett equation’

Andrew Beaujon — Mon, 18 Mar 2013 18:15:10 +0000

Ebyline

Peter Beller and Sarah Erickson think they’ve uncovered the “Da Vinci Code”-like criteria by which Warren Buffett makes purchasing decisions: A small circulation, a favorable ratio of online-to-print readers and high market penetration all increase the likelihood that … Read more

Report: Koch brothers interested in buying Tribune papers

Andrew Beaujon — Tue, 12 Mar 2013 15:16:56 +0000

LA Weekly
A “member of the L.A. Times Editorial Board” tells Hillel Aron that Charles and David Koch may help buy the paper by financing “a bid by ‘Papa Doug’ Manchester, himself a right-wing multimillionaire who in 2009 bought the … Read more

Buffett, Newhouses, Murdoch on Forbes list of billionaires

Andrew Beaujon — Mon, 04 Mar 2013 17:30:51 +0000

Forbes
Si Newhouse’s net worth is $8.1 billion and his brother Donald is worth $7.3 billion, Forbes estimates in its new list of world billionaires. Both mens’ wallets have thickened, at least by Forbes’ count, since September, when it … Read more

Warren Buffett defends daily publication of newspapers

Andrew Beaujon — Mon, 04 Mar 2013 14:23:05 +0000

Warren Buffett defends daily publication of newspapers:

We do not believe that success will come from cutting either the news content or frequency of publication. Indeed, skimpy news coverage will almost certainly lead to skimpy readership. And the less-than-daily publication … Read more

Warren Buffett buys Tulsa World

Andrew Beaujon — Mon, 25 Feb 2013 16:37:38 +0000

Omaha.com | Tulsa World
Warren Buffett’s BH Media Group is buying the Tulsa World, Steve Jordon reports. The terms of the sale were not disclosed.

Tulsa’s Lorton family has owned the paper “for four generations,” Jordon writes. Buffett hasn’t … Read more

Warren Buffett buys Greensboro (N.C.) News & Record

Andrew Beaujon — Thu, 31 Jan 2013 16:32:14 +0000

Omaha.com | Greensboro News & Record
Warren Buffett’s BH Media Group has purchased the Greensboro (N.C.) News & Record from Landmark Media Enterprises “for an undisclosed amount,” Steve Jordon reports.

Buffett, chairman and CEO of Berkshire [Hathaway], has said he
… Read more

Tribune emerges from 4-year bankruptcy, with intent to sell all newspapers, TV stations

Julie Moos — Mon, 31 Dec 2012 09:17:00 +0000

Chicago Tribune | L.A. Times | Bloomberg | Reuters
As the Tribune company ends a four-year period of bankruptcy today, it plans to sell all of its media properties, according to a report by Robert Channick.

Tribune Co. owns 23
… Read more

Warren Buffett may buy The Morning Call in Allentown, Pa.

Andrew Beaujon — Fri, 14 Dec 2012 05:15:21 +0000

The Morning Call | Bloomberg
Warren Buffett is interested in purchasing The (Allentown, Pa.) Morning Call, Sam Kennedy reports. The Morning Call is among the newspapers reportedly about to be cut loose by Tribune Co. as it emerges from … Read more