Newspaper Death Foretold by Warren Buffett!!!

In 1992, the oracle of Omaha predicted the decline of newspapers, magazines, and TV.

By Jack Shafer

In our Web-obsessed era, some folks—especially folks in the newspaper newsrooms—regard newspapers as victims of the new technology.

But back in the mid-1960s, well before the first big Internet pipes were laid, the newspaper was already in crisis. The population was growing faster than newspapers were adding circulation, a trend that executives saw would spell slow death for the industry. .. read more