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Billionaire Warren Buffett is giving up on the newspaper business. He's selling all of Berkshire Hathaway's publications to Lee Enterprises for $140 million. The deal announced Wednesday covers 31 daily newspapers in 10 states as well as 49 paid weekly publications with digital sites and 32 other print products. Buffett is a lifelong fan of newspapers but he has said for several years that he expects most of them to continue on their declining trajectory, save for a handful of national papers such as The New York Times and The Wall Street Journal.

DES MOINES, Iowa (AP) — A Des Moines Register reporter who wrote about racist tweets posted years ago by an Iowa security guard is no longer employed by the Iowa newspaper because he also made offensive comments on social media.

Editor Carol Hunter wrote in a column posted online Thursday night that reporter Aaron Calvin "is no longer with the Register."

https://www.worldatlas.com/articles/the-10-most-popular-daily-newspapers-in-the-united-states.html

Investor Warren Buffett says he expects newspapers to continue declining except for a handful of national papers such as the New York Times and Wall Street Journal.  Buffett told Yahoo Finance that newspapers aren't nearly as essential today because readers can easily find out about the latest news or sports before the newspaper arrives.

Terry Kroeger, Publisher and CEO of Omaha World Herald, was the guest speaker at February’s Omaha Press Club Noon Forum.      

Kroeger talked about the recent sale of the newspaper to Warren Buffett’s company Berkshire Hathaway.  He also discussed how the sale will affect the paper in the future as well how it came about.   Kroeger says the World Herald editorial writers won’t be influenced by the paper being owned by Buffett.