More Tough Times for The Tampa Tribune

Posted Thursday, July 2, 2015 9:35 am

by: Susannah Nesmith | CJR

In 2012, Warren Buffett’s Berkshire Hathaway, in a show of faith in the future of local news, bought a chain of newspapers from Media General. There was just one daily paper in the portfolio that Buffett didn’t take: The Tampa Tribune, the longtime rival to the Tampa Bay Times that traces its history to the 19th century. Things looked bleak for the Trib. Then the private-equity investor Robert Loring stepped in, paying $9.5 million for the paper and promising that he and his partners at Revolution Capital Management were in it “for the long haul.”

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More Tough Times for The Tampa Tribune

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