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Buffett buys his 28th daily newspaper | Buffett buys his 28th daily newspaper |
(7 months later) | |
Warren Buffett, the acquisitive new press baron, has added another title to his stable - the Tulsa World, the second-largest newspaper in Oklahoma. | Warren Buffett, the acquisitive new press baron, has added another title to his stable - the Tulsa World, the second-largest newspaper in Oklahoma. |
It sells 95,000 copies on weekdays and 133,000 on Sundays, while its online companion, Tulsaworld.com, is the best-read website in the Tulsa area. | It sells 95,000 copies on weekdays and 133,000 on Sundays, while its online companion, Tulsaworld.com, is the best-read website in the Tulsa area. |
Buffett (aka the Sage of Omaha) is buying the paper through his BH Media Group from the Lorton family, which has owned the paper for four generations since 1917. | Buffett (aka the Sage of Omaha) is buying the paper through his BH Media Group from the Lorton family, which has owned the paper for four generations since 1917. |
The World becomes the group's 28th daily newspaper, which also owns 42 other titles plus monthly publications, magazines and related online publications in nine states. | The World becomes the group's 28th daily newspaper, which also owns 42 other titles plus monthly publications, magazines and related online publications in nine states. |
The World will be BH Media Group's third largest paper behind the Omaha World-Herald in Nebraska and the Richmond Times-Dispatch in Virginia. | The World will be BH Media Group's third largest paper behind the Omaha World-Herald in Nebraska and the Richmond Times-Dispatch in Virginia. |
Last month BH acquired the North Carolina title, the Greensboro News & Record. Buffett's group has been on a newspaper-buying spree since May last year. | Last month BH acquired the North Carolina title, the Greensboro News & Record. Buffett's group has been on a newspaper-buying spree since May last year. |
Sources: Poynter/Omaha World-Herald/Tulsa World | Sources: Poynter/Omaha World-Herald/Tulsa World |
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