Warren Buffet buying 143 newspapers

[TheGreatGatsby]

Does it bother anyone else that a billionaire is buying all these newspapers to control the media?

Buffett to buy 63 newspapers - Omaha.com

 

[g5000]

Why does your topic title say he is buying 143 newspapers when he is buying 63?

Buffett seems to think newspapers are revenue generating businesses, but many of them are struggling to survive in the Age of the Internet.

 

[SniperFire]

Mid-market newspapers are an interesting investment, and I get the local appeal and staying power argument vis a vis large metro papers.

But young people don't read them.

 

[uscitizen]

He is targeting the liberal crowd since cons do not read.

 

[Ragnar]

Cool with me if he buys what he wants, this is America after all. He should buy stuff while he still can.

 

[TheGreatGatsby]

Why does your topic title say he is buying 143 newspapers when he is buying 63?

Buffett seems to think newspapers are revenue generating businesses, but many of them are struggling to survive in the Age of the Internet.

My bad. I must've merged the 63 newspapers and the $142 mil he's buying them for. It's still a worry though.

 

[TheGreatGatsby]

He is targeting the liberal crowd since cons do not read.

Do you expect to be taken seriously?

 

[TheGreatGatsby]

Cool with me if he buys what he wants, this is America after all. He should buy stuff while he still can.

Hmm. I have to respect free market arguments. However, there's a reason that there were initially safe guards in place regarding banks and media. Seems the politicians have gotten away from them.

 

[get_involved]

The vast majority of newspapers have a liberal slant and always have.

 

[Ragnar]

Cool with me if he buys what he wants, this is America after all. He should buy stuff while he still can.

Hmm. I have to respect free market arguments. However, there's a reason that there were initially safe guards in place regarding banks and media. Seems the politicians have gotten away from them.

I'm cool with a small number of limited regulations here and there. (annually reviewed) However I don't think this need apply to newspapers (or any media really) in 2012. There is just no possible way to form a monopoly these days. At least without government coercion anyway.

 

[Political Junky]

Does it bother anyone else that a billionaire is buying all these newspapers to control the media?

Buffett to buy 63 newspapers - Omaha.com

Does it bother you that Murdoch owns so much of the media?

 

[Ariux]

Newspapers are cheap. It think most of the decline of newspapers is already over. Now, it'll just be slow attrition as the newspaper generations die off.

 

[auditor0007]

Does it bother anyone else that a billionaire is buying all these newspapers to control the media?

Buffett to buy 63 newspapers - Omaha.com

I don't know; does Rupert Murdoch's media empire bother you?

 

[auditor0007]

Does it bother anyone else that a billionaire is buying all these newspapers to control the media?

Buffett to buy 63 newspapers - Omaha.com

Does it bother you that Murdoch owns so much of the media?

Damn, you beat me to it.

 

[Mad Scientist]

Does it bother anyone else that a billionaire is buying all these newspapers to control the media?

Buffett to buy 63 newspapers - Omaha.com

I don't know; does Rupert Murdoch's media empire bother you?

From the article:

The sale would close June 25, subject to Federal Trade Commission and anti-trust reviews.

 

[NYcarbineer]

Why does your topic title say he is buying 143 newspapers when he is buying 63?

Because the OP is a mental retard. Stop picking on him.

 

[NYcarbineer]

Maybe it's Buffett's idea of a quirky way to line his coffin.

 

[Synthaholic]

Does it bother anyone else that a billionaire is buying all these newspapers to control the media?

Buffett to buy 63 newspapers - Omaha.com

Ironic asshole is ironic.


Rupert Murdoch owns:


Filmed entertainment

• 20th Century Fox
• Fox Searchlight Pictures
• 20th Century Fox Home Entertainment
• Blue Sky Studios
• 20th Century Fox Español
• 20th Century Fox International
• 20th Century Fox Television
• Fox Studios Australia
• Fox Studios LA
• Fox Television Studios
• Shine Group

Television

Broadcast/production assets

• 20th Century Fox Television
• 20th Television
• Foxtel
• Fox Broadcasting Company
• Fox International Channels
• Fox International Channels Italy
• Fox International Channels Portugal
• Fox International Channels Philippines
• FOX Channels Benelux
• Fox Sports Australia
• Fox Telecolombia
• Fox Television Stations
• Fox Television Studios
• Imedi Media Holding
• Latvijas Neatkarīgā Televīzija
• MyNetworkTV
• STAR TV
• TV5 Rīga

Cable assets

• Big Ten Network (49%)
• Fox Business Network
• Fox College Sports
• Fox Movie Channel
• Fox News Channel
• Fox Soccer Channel
• Fox Sports Enterprises
• Fox Sports en Español
• Foxtel (25%) -
• Fox Sports Net
• FUEL TV
• FX Networks
• Fox Reality Channel
• National Geographic Channel (50%)
  • National Geographic Channel UK (50%)
• Speed Channel
• SportSouth
• LAPTV (Latin America — co-owned with Paramount Pictures/Viacom, Metro-Goldwyn-Mayer/MGM Holdings and Universal Studios/NBC Universal)
• Telecine (Brazil — co-owned with Globosat Canais, Paramount Pictures, MGM, Universal Studios and DreamWorks);

Television assets

• BSkyB [United Kingdom] (39.1%)
• Sky Deutschland [Germany] (49.90%)
• SKY Italia [Italy] (100%)
• SKY Network Television [New Zealand] (43.65%)
• Foxtel [Australia] (25%)
• Star TV [India & Greater China] (100%)
• Tata Sky [India] (20%)

Internet

• Fox Interactive Media
  • AmericanIdol.com
  • AskMen.com
  • Fox.com
  • Foxsports.com
  • GameSpy
  • Hulu.com
  • IGN
  • MyNetworktv.com
  • Scout.com
  • TheSimpsons.com
  • TheXFactorUSA.com
  • WhatIfSports
• News Digital Media
• Authonomy via HarperCollins
• MySpace (5%)

Magazines and inserts

All titles sourced from News Limited - NewsSource: Magazines on 15 October 2010.

• Alpha
• Australian Football Weekly
• Australian Golf Digest
• Australian Good Taste (with Woolworths)
• Australian Parents (with Woolworths)
• Best of the Gold Coast Magazine
• Big League
• Chopper
• Country Style
• delicious. (with the ABC)
• donna hay
• Gardening Australia (with the ABC)
• GQ Australia
• Inside Out
• Lifestyle Pools + outdoor design
• Live to Ride
• MasterChef Magazine
• Modern Boating
• Modern Fishing
• Overlander 4WD
• SmartSource Magazine
• Super Food Ideas
• Tattoo
• Truck & Trailer Australia
• Truckin' Life
• Two Wheels
• Two Wheels Scooter
• Vogue Australia
• Vogue Entertaining + Travel

Newspapers and information services

United Kingdom

News International

• The Sun
• The Times
• Sunday Times
• Sun on Sunday

Australia

News Limited Metropolitan newspapers, magazines and news distribution channels

National

• The Australian including weekly insert magazine The Deal and monthly insert magazine (wish)[1]
• The Weekend Australian including insert magazine The Weekend Australian Magazine[2]
• Australian Associated Press (45%)
• www.news.com.au National online news website

New South Wales

• The Daily Telegraph[3]
• The Sunday Telegraph including insert magazine sundaymagazine[4]
• mX (Sydney)[5]

Victoria

• Herald Sun[6]
• Sunday Herald Sun including insert magazine sundaymagazine[7]
• mX (Melbourne)[8]

Queensland

• The Courier-Mail including weekly insert magazine QWeekend[9]
• The Sunday Mail[10]
• Brisbane News[11]

South Australia

• The Advertiser including the monthly insert the Adelaide* magazine[12]
• Sunday Mail[13]

Western Australia

• The Sunday Times[14]

Tasmania

• The Mercury[15]
• The Sunday Tasmanian[16]

Northern Territory

• Northern Territory News[17]
• Sunday Territorian[18]

Community suburban newspapers

Sydney

Cumberland/Courier (NSW) newspapers[19]

• Blacktown Advocate
• Canterbury-Bankstown Express
• Central
• Central Coast Express Advocate
• Fairfield Advance
• Hills Shire Times
• Hornsby and Upper North Shore Advocate
• Inner West Courier
• Liverpool Leader
• Macarthur Chronicle
• Mt Druitt-St Marys Standard
• NINETOFIVE
• North Shore Times
• Northern District Times
• NORTHSIDE
• Parramatta Advertiser
• Penrith Press
• Rouse Hill Times
• Southern Courier
• The Manly Daily
• The Mosman Daily
• Village Voice Balmain
• Wentworth Courier

Melbourne

Leader (Vic) newspapers[20]

• Bayside Leader
• Berwick/Pakenham Cardinia Leader
• Brimbank Leader
• Caulfield Glen Eira/Port Philip Leader
• Cranbourne Leader
• Dandenong/Springvale Dandenong Leader
• Diamond Valley Leader
• Frankston Standard/Hastings Leader
• Free Press Leader
• Heidelberg Leader
• Hobsons Bay Leader
• Hume Leader
• Knox Leader
• Lilydale & Yarra Valley Leader
• Manningham Leader
• Maribyrnong Leader Aust Domains - Registered
• Maroondah Leader
• Melbourne Leader
• Melton/Moorabool Leader
• Moonee Valley Leader
• Moorabbin Kingston/Moorabbin Glen Eira Leader
• Mordialloc Chelsea Leader
• Moreland Leader
• Mornington Peninsula Leader
• Northcote Leader
• Preston Leader
• Progress Leader
• Stonnington Leader
• Sunbury/Macedon Ranges Leader
• Waverley/Oakleigh Monash Leader
• Whitehorse Leader
• Whittlesea Leader
• Wyndham Leader

Brisbane

Quest (QLD) newspapers[21]

• Albert & Logan News (Fri)
• Albert & Logan News (Wed)
• Caboolture Shire Herald
• Caloundra Journal
• City News
• City North News
• City South News
• Ipswich News
• Logan West Leader
• Maroochy Journal
• North-West News
• Northern Times
• Northside Chronicle
• Pine Rivers Press/North Lakes Times
• Redcliffe and Bayside Herald
• South-East Advertiser
• South-West News/Springfield News
• Southern Star
• The Noosa Journal
• weekender
• Westside News
• Wynnum Herald
• Weekender Essential Sunshine Coast

Adelaide

Messenger (SA) newspapers[22]

• Adelaide Matters
• City Messenger
• City North Messenger
• East Torrens Messenger
• Eastern Courier Messenger
• Guardian Messenger
• Hills & Valley Messenger
• Leader Messenger
• News Review Messenger
• Portside Messenger
• Southern Times Messenger
• Weekly Times Messenger

Perth

Community (WA) newspapers[23] (50.1%)

• Advocate
• Canning Times
• Comment News
• Eastern Reporter
• Fremantle-Cockburn Gazette
• Guardian Express
• Hills-Avon Valley Gazette
• Joondalup-Wanneroo Times
• Mandurah Coastal / Pinjarra Murray Times
• Melville Times
• Midland-Kalamunda Reporter
• North Coast Times
• Southern Gazette
• Stirling Times
• Weekend-Kwinana Courier
• Weekender
• Western Suburbs Weekly

Darwin

Sun (NT) newspapers[24]

• Darwin Sun
• Litchfield Sun
• Palmerston Sun

Regional and rural newspapers

New South Wales

• Tweed Sun'

Victoria

• Echo
• Geelong Advertiser
• GeelongNEWS
• The Weekly Times

Queensland

• Ayr Advocate
• Bowen Independent
• Cairns Sun
• Gold Coast Bulletin
• Gold Coast Sun
• Herbert River Express
• Home Hill Observer
• Innisfail Advocate
• Northern Miner
• Port Douglas & Mossman Gazette
• Tablelander - Atherton
• Tablelands Advertiser
• The Cairns Post
• The Noosa Journal
• Townsville Bulletin
• Townsville Sun
• weekender

Tasmania

• Derwent Valley Gazette
• Tasmanian Country

Northern Territory

• Centralian Advocate

Papua New Guinea

• Papua New Guinea Post-Courier

United States

• New York Post
• Wall Street Journal

Community Newspaper Group

• The Brooklyn Paper
• Courier-Life Publications
• TimesLedger Newspapers
• Bronx Times Reporter Inc.
• The Corning Leader
• NewsDay Long Island (New York Long Island main local newspaper)

International

Dow Jones & Company
Consumer Media Group

• The Wall Street Journal - the leading US financial newspaper.
• Wall Street Journal Europe
• Wall Street Journal Asia
• Barron's - weekly financial markets magazine.
• Marketwatch - Financial news and information website.
• Far Eastern Economic Review
• Financial News

Enterprise Media Group

• Dow Jones Newswires - global, real-time news and information provider.
• Factiva - provides business news and information together with content delivery tools and services.
• Dow Jones Indexes - stock market indexes and indicators, including the Dow Jones Industrial Average.
• Dow Jones Financial Information Services — produces databases, electronic media, newsletters, conferences, directories, and other information services on specialised markets and industry sectors.
• Betten Financial News — leading Dutch language financial and economic news service.

Local Media Group'

• Dow Jones Local Media Group (formerly Ottaway Community Newspapers) - 8 daily and 15 weekly regional newspapers.

Strategic Alliances

• STOXX (33%) - joint venture with Deutsche Boerse and SWG Group for the development and distribution of Dow Jones STOXX indices.
• Vedomosti (33%) - Russia's leading financial newspaper (joint venture with Financial Times and Independent Media).
• SmartMoney (50%)
• FiLife.com (50%)

Books

• HarperCollins

• Zondervan Publishing
  • Christian publishing company taken over by HarperCollins in 1988
  • Inspirio — religious gift production.

 

[francoHFW]

See, Murdoch spins the News for greedy purposes. Unlike Buffet.

 

[francoHFW]

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