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Buffett Explains Why He Paid $344 Million For 28 Newspapers, And Thinks The Industry Still Has A Future
Buffett Explains Why He Paid $344 Million For 28 Newspapers, And Thinks The Industry Still Has A Future

Warren Buffett's annual shareholder letter is out. In it, he has a huge section on newspapers. In the past 15 months, Berkshire Hathaway acquired 28 daily newspapers for $344 million. With what everyone says about the death of print media, many might wonder why he would take these on.

To read the full, original article click on this link: Warren Buffett On Buying Newspapers - Business Insider