In episode #1300, we talk about why Warren Buffett sold all of his newspaper businesses! It is quite commonly understood that newspaper media is not a growing space and we see this with the amount of journalism graduates who struggle to find work. Buffett and Berkshire Hathaway have been making some shrewd moves in order to set themselves up for the future. Tune in to hear how!
TIME-STAMPED SHOW NOTES:
- [00:25] Today’s topic: Why Warren Buffett Sold All of His Newspaper Businesses for $140 Million.
- [00:58] The news media landscape currently and what online platforms have done.
- [02:01] How Berkshire Hathaway lent money to Lee Enterprises.
- [02:46] The potential or lack thereof for newspapers and Lee’s extreme measures.
- [03:11] New media and making use of out of journalists for your empire.
- [04:01] Other options that Berkshire Hathaway might have in mind.
- [04:43] That’s it for today!
- [04:46] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information.
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