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Former Newspaper Delivery Boy Warren Buffett Says He Wouldn’t Buy A Newspaper At Any Price While Publicis Head Maurice Levy Says Print’s Business Model Is Broken – Notice A Theme There?
Philip M. Stone May 6, 2009
Warren Buffett has a canny way of describing a problem in very understandable language. Thus, here’s his take on why newspapers are in trouble – newspapers are essential to advertisers only as long as they are essential to readers. Lose the reader, you lose the advertiser.
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