Warren Buffett, whose Berkshire Hathway now owns 28 newspapers and will likely buy more, sees the independently owned Arkansas Democrat-Gazette as a role model for retaining circulation in
the digital age. That the paper "was quick to charge for stories online as the industry shifted to the Internet," was a big part of its success, as Buffett notes in a letter to Berkshire shareholders
paraphrased by Bloomberg reporters. "Local newspapers that deliver reliable information to 'tightly-bound communities' with a sensible Internet strategy will stay viable, Buffett wrote."
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