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The newspaper spending spree did not stop with RIM.
Analysts at WPP warned of an advertising downturn wiping hundreds of millions from TV and newspaper spending forecasts last week.
Mr. Buffett went on a newspaper spending spree this year by buying more than 60 newspapers from Media General and a small stake in the newspaper company Lee Enterprises, a chain of mostly small dailies based in Iowa.
Put another way, these top-tier marketers increased measured internet spending by $1 billion; slashed newspaper spending by $674 million; and cut TV budgets by $406 million.
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The Danish newspaper spent 120 hours interviewing Mr. Storm and verifying his account.
Aman Sethi, a correspondent for The Hindu newspaper, spent five years tracking daily-wage workers in Delhi's Sadar Bazaar area.
Gavin Aronsen of Mother Jones magazine spent a few hours detained, and Yael Chanoff of the San Francisco Bay Guardian newspaper spent the night, and faces arraignment on charges.
During Wimbledon, a reporter from The Daily Mail, a London newspaper, spent two days frantically asking other journalists for help identifying the 14 people photographed in Serena Williams's guest box.
Josef Kropinski, imprisoned for editing an underground newspaper, spent five years in the camps and jotted down more than 500 musical pieces, some of them on the backs of Nazi bureaucratic forms.
This is notable because the readership of the newspaper spent more on women's apparel than the readers of Vogue and more on leisure travel than the readers of Travel & Leisure.
An exception to the optimistic picture for traditional media is newspapers; spending for direct response newspaper ads is forecast to decline from $8.4 billion in 2010 to $7.3 billion in 2011 and $7 billion in 2012.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com