- Berkshire increases stake in The New York Times to $1.1 billion
- Rising digital subscriptions and advertising boost publisher’s performance
- Investment signals confidence in media’s digital transition and subscription model
Warren Buffett’s Berkshire Hathaway has continued to build its position in The New York Times, extending a bet on legacy media that began earlier this year and now appears more than a one-off purchase.
According to Berkshire’s latest 13F filing, the conglomerate held 15.7 million New York Times shares at the end of June, up from the previous quarter by 553,465 shares. The stake was valued at about $1.1 billion and represented roughly 9.78% of the publisher’s outstanding stock. It also remained a small part of Berkshire’s wider portfolio, though the steady buying in consecutive quarters suggests a deliberate accumulation.
The move follows Berkshire’s initial disclosure in February, when filings showed it had acquired about 5.07 million New York Times shares, then worth roughly $351.7 million. That marked a return to the media sector after Berkshire sold its newspaper business in 2020.
The timing has coincided with a stronger run of operating results at the publisher. In its second-quarter update, The New York Times said digital subscription revenue rose 16.4% year on year to $408 million, while net digital subscriber additions reached 280,000, taking the total to 13.4 million. Digital advertising revenue climbed 20.7% to $114 million, and adjusted operating profit increased 16% to about $155 million. Adjusted diluted earnings per share rose 19% to $0.69.
The company also said it generated about $266 million in free cash flow in the first half of the year and returned roughly $160 million to shareholders through buybacks and dividends.
New York Times chief executive Meredith Kopit Levien has pointed to video as an important area of future growth, including the launch of a new shows tab in the company’s main app. For Berkshire, the appeal appears to lie in a business with recurring subscription revenue, pricing power and consistent cash generation at a time when publishers are still navigating pressure from major technology platforms and AI-driven search tools.
Source: Noah Wire Services
- https://finance.yahoo.com/media-advertising/articles/warren-buffetts-berkshire-raises-stake-151700199.html – Please view link – unable to able to access data
- https://www.rte.ie/news/business/2026/0218/1559073-berkshire-hathaway-invests-in-new-york-times/ – In February 2026, Berkshire Hathaway disclosed a new investment in The New York Times, marking its re-entry into the media sector after selling its newspaper business in 2020. The company owned approximately 5.07 million shares of The New York Times, valued at $351.7 million at the end of 2025. This move indicates a renewed interest in the media industry by Warren Buffett’s conglomerate. ([rte.ie](https://www.rte.ie/news/business/2026/0218/1559073-berkshire-hathaway-invests-in-new-york-times/?utm_source=openai))
- https://www.investing.com/news/stock-market-news/berkshire-hathaway-invests-in-new-york-times-4509812 – Berkshire Hathaway’s recent filing revealed a new investment in The New York Times, marking its re-entry into the media sector after selling its newspaper business in 2020. The company owned about 5.07 million shares of The New York Times, worth $351.7 million at the end of 2025. This move highlights Warren Buffett’s renewed interest in the media industry. ([investing.com](https://www.investing.com/news/stock-market-news/berkshire-hathaway-discloses-investment-in-new-york-times-4509812?utm_source=openai))
- https://www.wallstrank.com/portfolios/berkshire-hathaway/stocks/NYT – Berkshire Hathaway increased its stake in The New York Times by 3.7% in Q2 2026, bringing its position to 15.7 million shares valued at $1.1 billion. This follows a significant purchase in Q1 2026, indicating a deliberate build in the media company’s stock. The position now accounts for 0.37% of Berkshire’s overall portfolio. ([wallstrank.com](https://www.wallstrank.com/portfolios/berkshire-hathaway/stocks/NYT?utm_source=openai))
- https://www.investing.com/news/stock-market-news/new-york-times-shares-rise-after-berkshire-hathaway-builds-stake-93CH-4510309 – Following Berkshire Hathaway’s disclosure of a new position in The New York Times, shares of the media company rose by as much as 3.3% in premarket trading. Berkshire acquired 5.1 million shares during the fourth quarter of 2025, valued at $351.7 million at the end of December. This investment reflects Warren Buffett’s renewed interest in the media sector. ([investing.com](https://www.investing.com/news/stock-market-news/new-york-times-shares-rise-after-berkshire-hathaway-builds-stake-93CH-4510309?utm_source=openai))
- https://www.investing.com/news/stock-market-news/berkshire-issues-last-13f-of-buffettera-enters-new-media-name-4509785 – Berkshire Hathaway’s latest 13F filing, marking the last under Warren Buffett’s leadership, revealed a new investment in The New York Times. The filing also showed reduced stakes in Amazon and Bank of America, indicating strategic portfolio adjustments. This move highlights Buffett’s continued influence on the company’s investment decisions. ([investing.com](https://www.investing.com/news/stock-market-news/berkshire-issues-last-13f-of-buffettera-enters-new-media-name-4509785?utm_source=openai))
- https://www.latimes.com/business/story/2026-02-18/warren-buffetts-company-invests-in-new-york-times-years-after-he-sold-his-newspapers – In February 2026, Berkshire Hathaway invested $350 million in The New York Times, marking a significant shift after Warren Buffett sold all of Berkshire’s newspapers in 2020. This investment reflects Buffett’s renewed confidence in the media industry, despite previous predictions of its decline. The move underscores the evolving dynamics of media investments. ([latimes.com](https://www.latimes.com/business/story/2026-02-18/warren-buffetts-company-invests-in-new-york-times-years-after-he-sold-his-newspapers?utm_source=openai))
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The article reports on Berkshire Hathaway’s increased stake in The New York Times, with the latest 13F filing dated June 29, 2026. ([thestreet.com](https://www.thestreet.com/investing/stocks/nyt-warren-buffett-berkshire-raises-stake-new-york-times-stock?utm_source=openai)) The information aligns with recent filings and news reports, indicating freshness. However, the article was published on September 6, 2026, which is over two months after the filing date. This delay may affect the timeliness of the information.
Quotes check
Score:
7
Notes:
The article includes direct quotes from New York Times CEO Meredith Kopit Levien regarding the company’s financial performance. ([thestreet.com](https://www.thestreet.com/investing/stocks/nyt-warren-buffett-berkshire-raises-stake-new-york-times-stock?utm_source=openai)) However, these quotes cannot be independently verified through the provided sources, raising concerns about their authenticity.
Source reliability
Score:
8
Notes:
The article is published by TheStreet, a financial news website. While it is a known publication, it is not as widely recognized as major outlets like Reuters or Bloomberg. The reliance on a single source for the quotes from Meredith Kopit Levien and the lack of independent verification raise concerns about the reliability of the information.
Plausibility check
Score:
9
Notes:
The reported increase in Berkshire Hathaway’s stake in The New York Times is plausible and consistent with known investment patterns of the company. The financial figures mentioned align with the latest available data. However, the lack of independent verification of the quotes from Meredith Kopit Levien introduces some uncertainty.
Overall assessment
Verdict (FAIL, OPEN, PASS): REVIEW
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The article reports on Berkshire Hathaway’s increased stake in The New York Times, citing a 13F filing dated June 29, 2026. ([thestreet.com](https://www.thestreet.com/investing/stocks/nyt-warren-buffett-berkshire-raises-stake-new-york-times-stock?utm_source=openai)) While the financial figures are plausible and align with known data, the article relies on a single source for quotes from Meredith Kopit Levien, with no independent verification provided. This lack of independent confirmation raises concerns about the accuracy of the reported statements. Additionally, the article was published over two months after the filing date, which may affect the timeliness of the information. Given these factors, a thorough review is recommended before publishing.
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