Warren Buffet Exits the Media Owner World, Selling BH Media Group

The media industry has seen big investments from billionaires who have taken on newspapers and magazines in recent years. But amid this, Warren Buffett is shedding the responsibility. Berkshire Hathaway, Buffett’s holding company, announced today that it would sell BH Media Group, BGMG and its collection of 30 daily newspapers to Lee Enterprises, a publicly…

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