Will Recent Acquisitions Lead to a Renaissance for Newspapers?

August 23rd, 2013

Asian Man Reading Newspaper

Anyone who follows media news knows that the newspaper industry is undergoing an upheaval. Revenue streams are changing, print circulations are contracting and mobile use is evolving.

This week, a Fortune blog analyzed the latest newspaper trends to demonstrate that recent major aquisitions by the likes of Warren Buffett, Jeff Bezos and John W. Henry aren’t out of left field. These men are savvy investors not likely to dump millions into a losing game out of sentimentality for a bygone age. Rather, their purchases may signal the “beginning of a phase in which this Gilded Age’s major beneficiaries re-invest in the infrastructure of our public intelligence,” as Jim Fallows hopes in The Atlantic.

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