Free News Unsustainable, Says Warren Buffett 198
Koreantoast writes "Warren Buffett, whose Berkshire Hathaway recently purchased 63 newspapers and plans to purchase more over the next few years, noted during an interview that the current free content model is unsustainable and will likely continue pushing toward more electronic subscription models. This coincides with moves by other newspaper companies like Gannett and the New York Times, which are also erecting paywall systems. Buffett notes that newspapers focusing on local content will have a unique product, which would succeed even if they lose subscribers, because their services are irreplaceable. Is this the beginning of the end of 'free content' for local news?"
Buffet can go stuff it. (Score:2, Funny)
Yeah, free news is unsustainable, right Mr. Buffet!
Oh, you must mean don't buy Gold because gold isn't money too eh Mr. Buffet? (As he secretly uses proxies to sell off ETF's to drop the price so he can buy _physical_ gold for low prices.)
Or maybe Mr. Buffet really means in translation: We need to put the alternative media out of reach of the internet because too many people are connecting the dots and realize how much of a scam our government is and how the political system really works.
(ala Rothchild shenanigans via the Federal Reserve and how all this crisis crap with the Euro is stage one to crash paper currencies so they can introduce a one world government coinage.)
Euro is going to crash. Van dipshit, I mean Rumpy or whatever the guys name is, already has the plans laid out too saying, The Euro Union is doomed because the power wasn't concentrated enough into the fewest hands possible. So we just need to make all of these european governments go away, destroy the citizenry and have absolute dictatorship style government. You know like those Chinese we admire so much.
Only then will the Euro Union succeed!
Go Van shithead and the rest of the Warren's friends he hangs around with at the G20/Bilderberg and other crap they do behind our backs.
Well, it is going to come to an end very shortly, because too many of my friends, as well as myself know the deal with the banks, the loans forced on populaces to pay after the banks gut the countries pensions then claim austerity is required.
This bank crap fostered on the poor Greece people by a setup deal by Goldman Sach's is going to be there undoing. Including Goldman flasifying huge numbers of financial documents to get Greece into the EU to begin with.
If there is any justice in this world, Goldman Sach and its entire workforce that engineered that criminal takedown of Greece will eventually get exactly what is coming to them.
They do that crap here in the USA and there is going to be a gigantic response.
They better have the portable Furnaces setup in mass because the body count is going to be gigantic as the USA military culls the citizenry for the bankers.
and Oh, by the way...Mr. Bernanke and friends who stole 17 trillion of our tax dollars for over seas friends and well to do families.
YOUR DEBT IS NULL AND VOID.
-Hack