This company brings the world of news to the Great Plains. Omaha World-Herald Company publishes a number of daily newspapers. It flagship Omaha World-Herald (Nebraska) boasts a circulation of more than 160,000. Its other papers include the Ames Tribune (Iowa), Grand Island Independent (Nebraska), and Scottsbluff Star-Herald (Nebraska). In addition, Omaha World-Herald Company operates more than 20 non-daily community papers, online local news sites, and direct marketing unit World Marketing. The Omaha World-Herald Company was acquired by billionaire Warren Buffett's investment firm, Berkshire Hathaway in 2012.
The company publishes papers in Iowa, Nebraska, and Texas.
Declining ad revenue forced Omaha World-Herald into a variety of cost cutting measures, such as staff reductions at some of its publications. The company also shuttered the print edition of its Daily Nonpareil (Council Bluffs, Iowa) back in 2009.
It has focused on building and maintaining the success of the digital version of the Omaha World-Herald (Omaha.com), which receives about 18 million page views by more than 1.2 million unique visitors each month.
Mergers and Acquisitions
In 2012 the company expanded its portfolio with the acquisition of the Bryan-College Station (TX) Eagle from The Evening Post Publishing Company of Charleston, South Carolina. The Eagle is a 20,000 circulation daily newspaper serving Brazos County, Texas and the surrounding areas. Also in 2012 Omaha World-Herald acquired Waco’s Herald-Tribune.
Berkshire Hathaway's also has a stake in the Washington Post Company.
Founded in 1885 by Gilbert M. Hitchcock (the paper's first editor), Omaha World-Herald is the largest employee-owned daily newspaper publisher in the country.
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