Berkshire Hathaway's Return to Media: New Investment in New York Times Signals Strategic Shift
Berkshire Hathaway has made a new investment in the New York Times, signaling its return to a sector it had exited in 2020 by selling its newspaper business. The investment was disclosed in a filing with the U.S. Securities and Exchange Commission, revealing that Berkshire now owns approximately 5.07 million shares of the Times, valued at $351.7 million as of the end of 2025. This filing also detailed Berkshire's U.S.-listed stock holdings as of December 31, which make up a significant portion of its equity portfolio.
The fourth quarter of 2025 marked the conclusion of Warren Buffett's tenure as chief executive of Berkshire Hathaway, spanning 60 years. On January 1, he passed the baton to Greg Abel, who took over the role of chief executive. This transition in leadership comes as Berkshire Hathaway makes strategic investment decisions, including its recent foray back into the media sector with the acquisition of New York Times shares.
In summary, Berkshire Hathaway's recent investment in the New York Times represents a notable shift in its investment strategy, as it reenters a sector it had previously exited. The purchase of approximately 5.07 million Times shares worth $351.7 million underscores Berkshire's continued focus on building and diversifying its equity portfolio under new leadership.