Conrad Black Sees Value in Top Newspaper Brands

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By: David Scanlan | Bloomberg

Conrad Black, the former media baron who once ran the world’s third-largest newspaper chain, says there’s value in top newspaper brands if publishers can adapt to the changing demands of readers.

Black says investors such as Warren Buffett are finding it’s a “buyer’s market” for some newspapers that can make the transition to the Internet and tailor newspapers to targeted readers.

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