FOR SALE: The Washington Times, $35 Million
Rev. Sun Myung Moon‘s Unification Church has kept the in-the-red paper afloat by providing an annual funding subsidy, but no longer. Both staff and basic services at the paper have been drastically cut. Writes The Washington Post:
“The feeling everyone feels is that it’s a totally rudderless ship,” said Julia Duin, the paper’s longtime religion reporter. “Nobody knows who’s running it. Is it the board of directors? We don’t know. There was a three-foot-long black snake in the main conference room the other day. We have snakes in the newsroom — the real live variety, at least. One of the security people gallantly removed it.”