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New Life for Newspapers?

May 21st, 2012 by Bob Bly

Many people believe  newspapers are an antiquated, soon-to-be-dead medium.

But if so, why did Warren Buffett — arguably the world’s savviest investor — just buy 63 newspapers for $142 million?

“Berkshire Hathaway doesn’t fool around,” said analyst Edward Atorino. “I don’t think Berkshire Hathaway does anything where they’re going to lose money.”

“We may buy more newspapers,” said Buffett. “I think the economics work out OK.”

 

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This entry was posted on Monday, May 21st, 2012 at 11:57 am and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

130 responses about “New Life for Newspapers?”

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    Interestingly enough, newspapers are one of the most trusted sources for news and information, Nielsen’s Trust in Advertising study says 73% of people in the US and 63% of those globally “trust completely” or “trust somewhat” newspapers over other mediums of communication. This guy Buffett might be on to something.

  2. Gary Grimes said:

    As a journalist turned marketing writer for a contrarian forecasting company, perhaps my perspective is unique. I’ve learned in this industry that often the best investment is the one no one else is willing to make. After all, there’s little downside risk to a market that’s already considered dead. So if I’m investing in newspapers, I’m interested more in the demand for news than I am in the demand for paper.

  3. Bob Bly said:

    Gary: your theory seems credible and I must admit I never thought of it that way. Your contrarian training serves you well.

  4. Bill Cornish said:

    Bob:
    You might want to check the links on your page about Buffett buying the newspapers.

    I tried to connect to 3 of them, but found:
    Chris Marlow’s blog – not found
    DM Wrecks : Tales of Direct Marketing Gone Wrong – not found
    Brian Clark’s Blog – found it, but the link is to the landing page for his course and WordPress add-ons, which strikes me as not the swiftest marketing.

    I don’t know how many of the rest of your links are good, but just thought I’d let you know.

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    The inspiration for our name
    Grxium comes from NASA’s newest discovery in metal called GRX-810. “GRX-810 is an oxide dispersion strengthened (ODS) alloy, can endure temperatures over 2,000 degrees Fahrenheit, is more malleable, and can survive more than 1,000 times longer than existing state-of-the-art alloys. These new alloys can be used to build aerospace parts for high temperature applications, like those inside aircraft and rocket engines, because ODS alloys can withstand harsher conditions before reaching their breaking point.”

  119. Shellonabelhope said:

    Shelo Nabel Mara

    Shelo Nabel Mara fue una casa de moda de lujo italiana fundada en Milán, Italia, en 1971. La diseñadora y empresaria Maria Laura Marzotto estableció la marca para llevar al mundo los mejores materiales, la artesanía y el estilo de Italia.

    Desde sus inicios, Shelo Nabel Mara se ha convertido en líder en sofisticación moderna, ofreciendo ropa y accesorios clásicos atemporales que combinan la elegancia contemporánea con el diseño tradicional italiano.

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    ¿Qué es Shelo Nabel Mara?

    Shelo Nabel Mara es una empresa mexicana con la misión de brindar estilo de vida, amor, abundancia y bienestar para todos. Nuestro enfoque en el trabajo en equipo y la actitud positiva nos impulsan hacia adelante en nuestro viaje exitoso hacia la transformación de vidas y hacer realidad miles de sueños.

    Ofrecemos productos naturales de la más alta calidad a un precio accesible a todos los sectores, y nuestros planes de compensación de mercadeo en red son justos y fáciles de desarrollar.

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    ¡Te invitamos a unirte a la creciente comunidad de Shelo Nabel Mara y experimentar una vida llena de amor y abundancia! Deja que Shelo Nabel Mara sea tu acompañante en el cumplimiento de tus metas y sueños. Juntos, daremos vida a la misión de Shelo Nabel Mara.

  120. smartphonecases said:

    is the online store for smartphone cases, covers and accessories. With our wide range of stylish and functional cases for different brands and models, we offer our customers an excellent way to protect their valuable smartphone. Whether you’re looking for sturdy protection against bumps and scratches, a waterproof case for outdoor activities, or just a trendy case that matches your personal style, we’ve got it all.

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  121. Borjan said:

    Borjan brings the ideal collection of heels for women in Pakistan. Check the best quality heels online. Order your favorite heels online all over Pakistan at reasonable prices.

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  125. Matty Elinor said:

    JSM offers Premium and affordable Luxury Limo Service in Canada. We offer services for weddings, proms, corporate, and special events.

  126. yongucase said:

    Yongu is a service-oriented intelligent manufacturer focusing on the aluminum housing, which located in Foshan China, the center of Aluminum city. We have integrated R&D,production, sale and service etc and committed to industry design with structure,high advanced appearance,water proof boxes, production feasibility, production unit cost, function etc.

  127. T - Shirt Fashion said:

    We wanted to be the coolest in the business! we collected the coolest products we found! we wanted to offer cool stuff and now we do! every week we launch new gadgets for you! Summer is the perfect time for fun in the sun. However, it can also be a challenging season for men’s and women’s fashion. With the high temperature during the summer season. Therefore, with the temperature soaring, men need to choose stylish and also comfortable, and functional clothing to beat the heat of hot summer days. Interestingly, branded t-shirts for men and women have a significant role to play here.

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  128. Ali Hafiz said:

    Islamic Travel blog is all about Islamic posts, providing you the authentic knowledge about Islamic Values. Our content reflects Humanity, Sincerity, Islamic Norms, and Culture. This content is a complete guide to adopting these good habits of the Holy Prophet PBUH to improve your lifestyle. Our content describes all the aspects of human life. Blog provides a complete guide for Hajj and Umrah’s prestigious journeys including some extra tips and tricks to adopt during these Pilgrimages. All your Queries will be answered after reading the content.

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  129. aplusexcellio said:

    Ultimately, the manager should build techniques for determining the obtain in that your operations of different jobs must certanly be executed on a model if a few operations are competitive for the same processor. Easy, techniques such as for example “first come first served” or arbitrary variety may often generate unsatisfactory solutions, leading to postponed deliveries, the unbalanced using processors, and the like. A clear comprehension of the type of arrangement problems at this most detailed level and of the techniques of arrangement will give you inputs to the bigger level decisions mentioned earlier. To show the variations among option arrangement techniques and the impact of a selection of a arrangement process on an ideal performance evaluate, we will examine simple processor arrangement in some detail. Apluxsexcellio Consider, a theoretical automated substance seed that produces many different products and services, but only 1 product may be produced at a time. Guess that the creation manager of the seed has to choose on the arrangement of four products and services the creation times and due times which is why are shown.

  130. kireiclean said:

    I never thought much about being eco friendly for my home cleaning till I was presented with a portable Shark Steam Solution as a gift. I admit to being truly a clear freak as it pertains to making certain my home is kept clean. I never believed that using only water could clear and disinfect my home. I have generally applied severe chemicals to clean my home. market. I applied to buy every new cleaning item that got down the wire. Today I’m only getting more distilled water. How great is that?
    I have used my lightweight Shark Steam Solution on almost every floor within my house. I water clear my timber surfaces today without evidence of a movie deposit left. Removing pet hair I water clear my bath opportunities and walls. They come visible without needing any chemicals. I water clear most of the trails from the bath home to the deck doors. All of the grime and crud arrives with the blast of the machine nozzle. A water cleaning about that nasty bathroom bowel rim can be produced easier with the lightweight Shark.

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