NEW YORK (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,” the billionaire chief executive officer of Berkshire Hathaway Inc said in an interview with Yahoo Finance.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!