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Berkshire Hathaway Inc. Message Board

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  • bobo21029 bobo21029 Apr 4, 1999 7:44 PM Flag

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    ....."On April 1, 1999 CBS announced that it
    would be buying King World Productions for $2.5 billion
    in stock - giving me a 30% annualized return for my
    troubles.".......
    ......I think King was smart to sell...their products are
    getting stale.....in our market Judge Judy is beating out
    Oprah......Wheel and Jeopardy are losing viewership also.....to
    people like Ricki Lake and Jerry Springer...they're more
    youth oriented..........overall, the whole T.V. area
    looks diminished as more people are spending more hours
    on-line.....good luck....

 
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