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

Marshall N. Morton, president and CEO of Media General, added, “Selling our newspapers represents a monumental change for us. We’re very happy that our newspapers will become part of Berkshire Hathaway’s BH Media Group, a company with a strong commitment to local news leadership and community engagement. This single transaction for virtually all of our newspapers accelerates the timing of our strategy to focus on our broadcast television business and its future growth opportunities, including digital content and Mobile DTV.”