HTN: Buffalo News Raising Price

The "Buffalo News" announced Tuesday that it will raising its daily newsstand price from 50- to 75-cents. It's the first price hike in 14 years at the region's largest daily new publication, which is owned by Warren Buffett's Omaha-based Berkshire Hathaway. The new price will be stamped on the February 23rd edition. Daily papers have faced declines in circulation and advertising revenue. The "News" has also offered a buyout package to employees, including reporting and editorial staff. They have until the end of the month to accept the packages.