Warren Buffett becomes the latest billionaire media investor: His company just invested $352 million in the New York Times

Just five years after Berkshire Hathaway sold all 31 of its papers and Warren Buffett deemed the industry “toast,” the investor has rejoined a legion of billionaires with their money in media. 

A quarterly update the conglomerate filed with the SEC just revealed that Warren Buffett’s Berkshire Hathaway invested a whopping $351.7 million in the New York Times.

Buffett, the legendary “Oracle of Omaha,” purchased 5.07 million shares in the 175-year-old paper at the end of 2025, right around the time he stepped down as CEO after leading the company for nearly six decades. And it marked an investing change of heart on Buffett’s part.

“It’s a full-circle moment for Berkshire Hathaway in reinvesting in news and a huge vote of confidence by Berkshire in the business strategy of the New York Times,” Read Entire Article