Archives: Berkshire Hathaway

Media General CEO, Marshall Morton, will step down at year’s end

It’s been a crazy year for the local media company and it will end with the exit of its president and CEO.

Media General lays off 75 employees

Two months ago, Media General sold over 60 of its newspapers. Now the company will conduct employee layoffs.

UPDATE: ‘Richmond Times-Dispatch’ sold to Warren Buffett’s Berkshire Hathaway

Media General, Inc. announced that it will sell its 63 print assets, which includes the Richmond Times-Dispatch, to Berkshire Hathaway, the company founded by Warren Buffet.