Buffett’s Berkshire Hathaway Makes Print Play, Acquires 63 Media General Newspapers

The Media General newspapers will be part of BH Media Group, along with the Omaha World-Herald Co. newspapers. World Media Enterprises will manage the Media General newspapers.

“In towns and cities where there is a strong sense of community, there is no more important institution than the local paper,” said Warren Buffett, chairman of Berkshire Hathaway. “The many locales served by the newspapers we are acquiring fall firmly in this mold and we are delighted they have found a permanent home with Berkshire Hathaway.”