Entries in Newspaper (3)


Warren Buffet’s Company Berkshire Buys the Waco Tribune-Herald

Stockbyte/Thinkstock(WACO, Texas) – Berkshire’s Omaha World-Herald Co. confirms the purchase of the Waco Tribune-Herald owned by the Robinson family with a 34,000 circulation-daily newspaper according to Bloomberg.

Terry Kroeger, CEO of Omaha World-Herald says, “This is a very strong, growing market. We will work with local managers in Waco to determine what changes may be appropriate.”

Buffett believes that local community newspapers can thrive in smaller markets with less competition.

Copyright 2012 ABC News Radio


News Corp. Developing Daily Newspaper for iPad

Photo Courtesy - WILLIAM WEST/AFP/Getty Images(NEW YORK) -- Rupert Murdoch's News Corporation is reportedly developing The Daily, a newspaper designed specifically for Apple's iPad tablet computer.

It will be mostly original content and published every morning, like a regular newspaper.

The Daily will have a small weekly fee, and is scheduled to begin publishing early next year.

Copyright 2010 ABC News Radio


Newspaper Circulation Continues Downward Slide; E-Book Sales Soar

Photo Courtesy - Getty Images(ARLINGTON HEIGHTS, Ill.) -- Print books and newspapers are really taking it on the chin these days, according to two separate reports released Monday.

The Audit Bureau of Circulations says that daily newspaper circulation between April 1 and Sept. 30 fell nearly five percent from the same period in 2009, while Sunday circulation was down 4.46 percent over that same time span.

The report's findings are not as bad as the previous six months, when daily newspaper circulation dropped 8.74 percent and Sunday circulation fell 6.54 percent compared to the period of October 2008 through March 2009.

The Wall Street Journal and Dallas Morning News were the only two of the 25 major dailies studied that saw any increase.

Meanwhile, print books are also rapidly losing their share of the market to digital versions, according to Amazon.

Amazon Kindle senior vice president Steve Kessel says that digital versions of the top 10 best-selling books are selling more than twice as often as hardcover and paperback books.  In fact, Kindle books are outselling the top 25, 100, and 1,000 bestsellers.  Kindle sales during the first nine months of 2010 are also three times what they were in 2009.

Copyright 2010 ABC News Radio

ABC News Radio