[Husker] Warren Buffett buys the OWH?!
Roger Lohr
suerog2 at att.net
Thu Dec 1 12:00:45 CST 2011
May I ask, what does this thread have to do with Husker sports...except by
rather indirect links. I suggest this thread be discontinued.
Thank you,
Roger Lohr-Mpls
________________________________
From: Richard K Alloway <ralloway at unlnotes.unl.edu>
To: Steve Reichenbach <reich at inetnebr.com>
Cc: husker at tssi.com; husker-bounces at tssi.com
Sent: Thu, December 1, 2011 11:46:20 AM
Subject: Re: [Husker] Warren Buffett buys the OWH?!
My take on any potential influence from BH or Buffett would be to echo
what Seth MacFarlane of "Family Guy" fame said about Rupert Murdoch's
influence on "Family Guy" during a wide-ranging interview with Piers
Morgan on CNN last week. Morgan asked MacFarlane if it seemed odd
programming like "Family Guy" or "Glee" appears on a network owned by
Murdoch. MacFarlane's answer was that Murdoch is a businessman first, and
he puts his personal/political views aside when it comes to doing
business. Now, you can dispute that from examination of other forms of
media, but when a guy who essentially works at least with if not for
Murdoch says he feels no editorial or creative pressure from the boss, I'd
say the folks at the WH should not be concerned about Buffett.
Rick
From: Steve Reichenbach <reich at inetnebr.com>
To: husker at tssi.com, jocar26 at cox.net
Date: 12/01/2011 09:53 AM
Subject: Re: [Husker] Warren Buffett buys the OWH?!
Sent by: husker-bounces at tssi.com
Why not wait to post your "guess" until you have informed yourself of
relevant facts?
In fact, BH has ownership in other newspapers (despite his public
comments that the newspaper industry is not a good investment) and
by all accounts regarding those newspapers does not play any role in
editorial policies. Speculation on this purchase is that it is to
help prop up an important local business --- i.e., that it is not
political nor a lucrative investment.
Of course, one never can be sure how those working at the newspaper
consider consciously or unconsciously the ownership of the paper, but
if the newspaper runs its business well, one would think that will be
enough for Buffett (as long as he is involved). In that respect,
newspapers always are owned by some entity and some owners (such as
Rupert Murdoch whose Fox has laid a wild claim to "fair and balanced")
are far more political than Buffett. Finally, reports indicate that
Buffett is familiar and comfortable with those running the paper now,
so any change would be surprising int that respect.
But what the heck, we can always guess that something will happen
despite all evidence being to the contrary.
> In my opinion, the paper probably will share views with the political
> leanings of the new owner. But that is only a guess and my opinion.
>
> > How so?
> >
> > > There goes any semblance of objectivity.
> > >
> > > > For you OWH lovers/haters out there, Warren Buffett's Berkshire
Hathway
> > > > is buying the Omaha World Herald (and the other papers it owns)
> > > > for $200 million.
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