HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Warren Buffett buys Tulsa...
Introducing Discussionist: A new forum by the creators of DU

Mon Feb 25, 2013, 03:50 PM

Warren Buffett buys Tulsa World

Source: Omaha World Herald

By Steve Jordon

Warren Buffett's newspaper group said Monday it would buy the Tulsa (Okla.) World daily newspaper.

BH Media Group, a division of Berkshire Hathaway Inc., is to purchase the newspaper for an undisclosed amount from the Lorton family of Tulsa, which has owned the World for four generations. The sale is to close in March.

The World circulates 95,000 copies on weekdays and 133,000 on Sundays. It is the second-largest newspaper in Oklahoma, after the Daily Oklahoman of Oklahoma City. The World's web site, Tulsaworld.com, is the best-read website in the Tulsa area.

Terry Kroeger, CEO of Omaha-based BH Media Group, said the World is a special newspaper in an outstanding market.

FULL story at link.


Read more: http://www.omaha.com/article/20130225/MONEY/702259918/1685#warren-buffett-buys-tulsa-world

5 replies, 1786 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 5 replies Author Time Post
Reply Warren Buffett buys Tulsa World (Original post)
Omaha Steve Feb 2013 OP
alp227 Feb 2013 #1
Omaha Steve Feb 2013 #2
samsingh Feb 2013 #3
LineLineNew Reply 1
otherone Feb 2013 #4
avebury Feb 2013 #5

Response to Omaha Steve (Original post)

Mon Feb 25, 2013, 04:02 PM

1. This newspaper located in a VERY red state endorsed the (R) prez candidates the past 3 elections.

http://www.presidency.ucsb.edu/data/2012_newspaper_endorsements.php
http://www.presidency.ucsb.edu/data/2008_newspaper_endorsements.php

And Steve, your hometown paper Omaha World Herald that's already a Buffett/Berkshire property also has endorsed Bush, McCain, and Romney. Meanwhile the Berkshire-owned Buffalo News endorsed Kerry in 2004 and Obama both times. So I don't know how much an editorial position difference Buffett's ownership will make.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to alp227 (Reply #1)

Mon Feb 25, 2013, 04:09 PM

2. The Herald did NOT endorse 7 time incumbent Lee Terry (R) for Congress


It did endorse Rmoney. At the time of purchase Berkshire said it would leave things alone. But going against Terry that only won by gerrymandering....

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Omaha Steve (Original post)

Mon Feb 25, 2013, 06:38 PM

3. Buffett's influence should be positive

Reply to this post

Back to top Alert abuse Link here Permalink


Response to samsingh (Reply #3)

Mon Feb 25, 2013, 08:55 PM

4. 1

Reply to this post

Back to top Alert abuse Link here Permalink


Response to samsingh (Reply #3)

Mon Feb 25, 2013, 09:06 PM

5. We can only wish! nt

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread