Buffett buying Tulsa World

[Inky_Wretch]

Good, bad or other for the folks in Tulsa?

http://www.omaha.com/article/20130225/MONEY/702259918/1685#warren-buffett-buys-the-world

 

[boundforboston]

I'm guessing good. Tulsa is a great shop and Buffett is a good owner.

 

[JayFarrar]

Does this mean they'll start putting a paper out on Christmas?

The World used to have a longstanding tradition of not publishing then, and New Year's might have been included with that. I don't recall.

I haven't seen the World in several years but it used to be very, very good. One of those metro-ish/regional papers that didn't get lots of pub nationally but owned the local market.

 

[JRoyal]

We've published on Christmas every day since I've been here.

And we're still very, very good.

 

[Precious Roy]

We've published on Christmas every day since I've been here.

And we're still very, very good.

Don't get all cocky now, you aren't that good

 

[Inky_Wretch]

Word on the street is Buffett's people have been touring more properties in Oklahoma, Texas and Arkansas. Might be trying to make a deal with Stephens.

 

[MileHigh]

With the way the stock market has been going, I'm sure there's lots of cash to burn. Berkshire Hathaway just broke its all-time high a few days ago and it's all about buying and expanding.

http://www.warrenbuffett.com/berkshire-hathaway-breaks-all-time-high/

 

[Matt Stephens]

Word on the street is Buffett's people have been touring more properties in Oklahoma, Texas and Arkansas. Might be trying to make a deal with Stephens.

Any idea if that would include NWA Media? Or would that be more of a Fort Smith buy because of WEHCO?

 

[Inky_Wretch]

Any idea if that would include NWA Media? Or would that be more of a Fort Smith buy because of WEHCO?

Not sure. I heard the BH folks were in Vegas and heading to those states next. I didn't hear specific papers.

 

[joe_schmoe]

I don't know if the two are related, but shortly after they bought the College Station paper, that paper seemed to make a heavy push to expand it's multimedia offerings, hiring a fulltime video guy, creating its own radio, and developing a separate website to focus solely of Aggie material (to compete against a couple of popular ones already in the market).
Again, these things may have already been in the works, but it all seemed to happen around that time.