Does Berkshire invest in media?

[scorpioncapital]

Just wondering, as in the past he invested in Cap Cities but for the last decade or two he hasn't done anything in the field. Has he ever talked about this field or if he soured on it? For example, from his experience with Solomon Brothers and investment banking it seems pretty clear he learned the headaches and reputational/black box risks of investment banking and has stayed away for the most part.

[ScottHall]

He's been buying local newspaper assets, and traded Graham Holdings shares for a TV station, so it's not like he's so revolted he's stopped entirely. Those are probably more of "special situations" than a general philosophy, though.

[HJ]

Think the 2 Todd's were in DTV for a while before its acquisition, and Munger has said positive things about Google at some point, and also Disney in his book.