Tuesday, August 7, 2007

Can the Washington Post survive?

Newspapers are dying. At the Washington Post Co., CEO Donald Graham is banking on the Internet to save serious journalism. If he can't figure this out, nobody can. Fortune's Marc Gunther reports.

No less a sage than Warren Buffett, a lifelong newspaper aficionado, the owner of the Buffalo News, and a director of the Washington Post Co. (Charts) for most of the past 35 years, told Fortune, "The present model - meaning print - isn't going to work."

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