OMAHA, Neb. (AP) — Warren Buffett says his company is likely to buy more newspapers in the next few years, and Berkshire Hathaway will not try to influence the editorial policies of any of them.

Buffett wrote a memo this week to the editors and publishers of all of Berkshire's daily newspapers. That group is about to get significantly larger because Berkshire announced last week that it plans to buy 63 newspapers from Media General Inc. for $142 million.

The letter was posted online Thursday by the Omaha World-Herald, which is a Berkshire newspaper.

Buffett says Berkshire will look to buy small to mid-sized newspapers that cover their communities well.

Buffett believes newspapers need to adopt a business model that doesn't give away all its stories for free online.

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  • #25: Detroit Free Press

    Total Average Circulation: 230,739 <a href="http://accessabc.wordpress.com/2012/05/01/the-top-u-s-newspapers-for-march-2012/" target="_hplink">Source: Audit Bureau of Circulations</a>

  • #24: San Diego Union-Tribune

    Total Average Circulation: 230,742

  • #23: Seattle Times

    Total Average Circulation: 236,929

  • #22: Cleveland Plain Dealer

    Total Average Circulation: 246,571

  • #21: Oregonian

    Total Average Circulation: 247,833

  • #20: Newark Star-Ledger

    Total Average Circulation: 278,940

  • #19: Orange County Register

    Total Average Circulation: 280,812

  • #18: St. Petersburg Times (now Tampa Bay Times)

    Total Average Circulation: 299,497

  • #17: Minneapolis Star-Tribune

    Total Average Circulation: 300,330

  • #16: Phoenix Republic

    Total Average Circulation: 321,600

  • #15: Philadelphia Inquirer

    Total Average Circulation: 325,291

  • #14: Houston Chronicle

    Total Average Circulation: 384,007

  • #13: Newsday

    Total Average Circulation: 397,973

  • #12: Denver Post

    Total Average Circulation: 401,120

  • #11: Dallas Morning News

    Total Average Circulation: 405,349

  • #10: Chicago Tribune

    Total Average Circulation: 414,590

  • #9: Chicago Sun-Times

    Total Average Circulation: 422,335

  • #8: Washington Post

    Total Average Circulation: 507,615

  • #7: New York Post

    Total Average Circulation: 555,327

  • #6: San Jose Mercury News

    Total Average Circulation: 575,786

  • #5: New York Daily News

    Total Average Circulation: 579,636

  • #4: Los Angeles Times

    Total Average Circulation: 616,575

  • #3: New York Times

    Total Average Circulation: 1,586,757

  • #2: USA Today

    Total Average Circulation: 1,817,446

  • #1: Wall Street Journal

    Total Average Circulation: 2,118,315