Buffet Buys Tulsa World

[Dale00]

It can't get worse can it?

Buffett buys his 28th daily newspaper

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.

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 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.

Sources: Poynter/Omaha World-Herald/Tulsa World

http://www.guardian.co.uk/media/greenslade/2013/feb/26/warrenbuffett-us-press-publishing?CMP=twt_gu

 

[elance]

not to be flammatory but nice fit . oh and i left the in off .

elance

 

[bulbboy]

http://www.okshooters.com/showthread.php?168154-Warren-Buffett-buys-Tulsa-World