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BUSINESS

Warren Buffett gives up on newspaper business

Business, Published on 31/01/2020

» Warren Buffett's Berkshire Hathaway Inc agreed on Wednesday to sell its newspaper business to Lee Enterprises Inc for $140 million in cash, abandoning an industry the billionaire investor had long defended even as its financial prospects deteriorated.

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BUSINESS

Fit to print

Asia focus, Cai Liang, Published on 15/08/2016

» The newspaper business has endured a rough decade, with readership declining globally as young people in particular abandon print and the digital revolution radically changes the media landscape.

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BUSINESS

Guarded hopefulness

Asia focus, Published on 16/11/2015

» John Micklethwait is a newspaper man seized by fear and hope for the future of journalism. To be sure, "newspaper man" is a bit of an anachronistic description for the new editor-in-chief at Bloomberg News, where no ink is spilled on paper. Across 325,000 Bloomberg terminals, headlines splash upon screens in seconds, bumping stale events much faster than one wraps fish with yesterday's page one.