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Berkshire Hathaway Invests $352M in New York Times, Boosts Stock

2/21/2026

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Summary

Story summary

Berkshire Hathaway, led by Warren Buffett, invested about $352 million in The New York Times, acquiring 5.1 million shares, per an SEC filing.
It follows Berkshire Hathaway's 2020 sale of its newspapers, signaling confidence in media.
The Times added 450,000 digital subscribers, with revenue rising more than 10%.
The Times' stock surged after the announcement.
Analysts view the trend as positive for select newspapers.

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Story summary

Berkshire Hathaway, led by Warren Buffett, invested about $352 million in The New York Times, acquiring 5.1 million shares, per an SEC filing.
It follows Berkshire Hathaway's 2020 sale of its newspapers, signaling confidence in media.
The Times added 450,000 digital subscribers, with revenue rising more than 10%.
The Times' stock surged after the announcement.
Analysts view the trend as positive for select newspapers.