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BH Media Group, a subsidiary of Warren Buffett’s Berkshire Hathaway, is currently buying the Tulsa World, we learned from Steve Jordan. The terms of the sale have not been disclosed as of yet.

The Lorton family has owned the Tulsa World newspaper “for four generations,” writes Jordan. It’s been nearly a month since Warren Buffett purchased his last daily newspaper. He bought the Greensboro News & Record nearing the end of January.

Robert E. Lorton Jr., Chairman of World Publishing Co. is quoted by Jordan as saying: “the newspaper business has become a difficult business model within a changing society and in particular for local family-owned newspapers. BH Media Group presents the best opportunity to continue a local paper that will serve this community, our friends and neighbors.”

Lorton is also quoted as saying that the sale “assures a secure future for a local Tulsa World newspaper.”

In a Boston Globe column that was released last week, newspaper business analyst Ken Doctor said to “expect an announcement of another Berkshire Hathaway newspaper acquisition – as soon as Monday.”

Now that Berkshire Hathaway has purchased the Tulsa World, Buffett and company currently own 27 daily newspapers and a grand total of 269 publications in all. Buffett purchased all but one of the Media General newspapers this past May. He believes in newspaper properties that “intensively cover their communities.” BH Media Group had to close down the Manassas News & Messenger this past December.

According to a report from Steve Jordan, BH Media Group, owned by Warren Buffett, has purchased the Greensboro News & Record from a company called Landmark Media Enterprises.

BH Media Group is a division of Berkshire Hathaway, and they recently purchased this newspaper from Landmark Media Enterprises for an undisclosed amount. Landmark is based in Norfork, Virginia. Warren Buffett has mentioned that he’s looking to acquire more midsized newspapers that have strong ties to their community.

We also learned that neither party disclosed the terms of the sale.

Employees of the News & Record did not learn about the sale until they were in a meeting this morning, the paper tells us.

This Greensboro-based newspaper has an average circulation on Sunday of 81,600 subscribers as of September of 2012. This figure is down 6% from the prior year. We learn this information from the Alliance for Audited Media. Their average Monday through Friday subscribership is down about 5% since September of 2011, and currently reaches 54,789 customers.

Warren Buffett tells us that he believes “newspapers that intensively cover their communities will have a good future.” Last May, Berkshire Hathaway purchased the majority of Media General’s newspapers. Buffett also says he’s considering buying more newspapers. One area of interest is the Allentown Pennsylvania Morning Call.

Last December, World Media, a division of Berkshire Hathaway, was forced to close the News & Messenger of Manassas, Virginia. It closed partly because of the competition of other publications and only reached a small piece of a much larger Metropolitan area.