Warren Buffett Sees Most Newspapers as ‘Toast’ After Ad Decline

Posted Wednesday, April 24, 2019 7:47 am

Katherine Chiglinsky and Gerry Smith | Bloomberg

Warren Buffett, the man behind a print-media empire that includes the Buffalo News and Omaha World-Herald, doesn’t think most newspapers can be saved.

The decline of advertising gradually turned the newspaper industry “from monopoly to franchise to competitive...”

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Warren Buffett Sees Most Newspapers as ‘Toast’ After Ad Decline

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