Sun Newspapers

Sun Newspapers was Berkshire Hathaway's initial entry into the publishing business, acquired in early 1969.

📝 Details

• Scope: A publisher of five weekly newspapers in the Omaha, Nebraska area.
• Manager: Led by Stanford Lipsey.
• Related Assets: The purchase also included Blacker Printing Company.
• Context: While a small portion of Berkshire's capital, it represented a strategic move to build a "diversified base of earning power."

🔗 Connections

• Source: 1970 Letter (mentions 1969 acquisition)
• Manager: Stanford Lipsey