Feature: “There is a future for community newspapers” – Buffet
The impotance of community newspapers – Buffet
By Bev Mortimer:In spite of the migration to the web, trends in South Africa and abroad, particularly in the UK and US, have shown that community newspapers are still most popular in the communities where they are published.
Esteemed and renowned economist, Warren Buffet, has stunned the world by not buying websites but by buying up many community newspapers as he believes there is future for them. “In towns and cities where there is a strong sense of community, there is no more important institution than the local paper,” Buffet said in June this year after his latest 66th community newspaper acquisition.
“We will favour towns and cities with a strong sense of community… If a citizenry cares little about its community, it will eventually care little about its newspaper,” Buffett wrote. “I believe newspapers that intensively cover their communities will have a good future.”
He believes the Internet…
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