Warren Buffett Exiting Print Media

Warren Buffett is selling his shares of Gannett Publications - GCI Trading Symbol - (The Daily Times Parent Company). According to the latest Berkshire Hathaway (NYSE: BRK.A, BRK.B) filings from Sept. 30, 2010, Buffett held 1.74 million Gannett shares. That’s roughly half the 3.4 million GCI shares as of Sept. 30, 2009 – a sign Buffett may not be too keen on print media.

To read more about Buffett's divesture of GCI - Click here