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Gatsby
Joined: 09 Feb 2007
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 Posted: Thu Dec 03, 2009 5:09 am Post subject: Washington Times, Moonie newspaper, becomes freebie |
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Large Staff Cuts Announced at the Washington Times
By ASHLEY PARKER
WASHINGTON � The Washington Times, the financially troubled daily newspaper owned by the Unification Church of the Rev. Sun Myung Moon, said Wednesday that it would significantly cut its staff and drastically change the way it does business and disseminates its news.
A statement from the newspaper�s management did not mention a specific number of layoffs. But staff members who attended a brief hastily announced afternoon meeting said they had received a letter that said the paper would be �reducing its work force by a minimum of 40 percent.� The paper has a 370-person staff. |
http://www.nytimes.com/2009/12/03/business/media/03paper.html
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Washington Times cuts in staff, coverage cue new era
By Howard Kurtz
Thursday, December 3, 2009
The Washington Times, which gained a strong foothold in a politically obsessed city as a conservative alternative to much of the mainstream media, is about to become a drastically smaller newspaper.
Nearly three decades after its founding by officials of the Unification Church, the Times said Wednesday it is laying off at least 40 percent of its staff and shifting mainly to free distribution.
In what amounts to a bid for survival, the company said the print edition will focus on its core strengths: politics, national security, investigative reporting and "cultural coverage based on traditional values." That means the Times will end its run as a full-service newspaper, slashing its coverage of local news, sports and features. |
http://www.washingtonpost.com/wp-dyn/content/article/2009/12/02/AR2009120203295.html?hpid=topnews
In case you don't understand the relevance, the Washington Times is Korean-owned -- Rev. Sun Myung Moon's "church," aka the Moonies.
Oh, and then there's this little detail in the story:
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The paper's daily circulation has recently hovered around 85,000, compared with 583,000 for The Washington Post....
The Unification Church, which is suffering its own financial strains, had served notice that its subsidy to the Times would have to be curtailed. In a recent affidavit, Miniter said the church provides $40 million of the paper's annual $70 million budget. |
Why?
Last edited by Gatsby on Thu Dec 03, 2009 5:15 am; edited 1 time in total |
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OiGirl
Joined: 23 Jan 2003
Location: Hoke-y-gun
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| Posted: Thu Dec 03, 2009 5:13 am Post subject: |
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| I met a girl on here who once worked for this paper. You still around? |
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Gatsby
Joined: 09 Feb 2007
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| Posted: Thu Dec 03, 2009 5:16 am Post subject: |
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Interesting.
I wonder how many of the laid off staff will wind up teaching in Korea. |
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guava
Joined: 02 Sep 2009
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| Posted: Sun Dec 06, 2009 7:06 am Post subject: |
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| nathanrutledge wrote: |
Anyway, this seems like old news. |
Yes, and its effective strategy to remain in business. In case anyone is unaware, they could google newspaper and bankrupt to find numerous newspapers that have recently gone out of business or are in danger of doing so.
This reminds me of a scene from Citizen Kane that goes something like the following: Kane's advisors admonish him that his newspaper is losing a million annually.
Kane cheerfully replies that it's fine, because at that rate he could continue for seventy more years. |
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peppermint
Joined: 13 May 2003
Location: traversing the minefields of caddishness.
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| Posted: Sun Dec 06, 2009 8:39 am Post subject: |
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| OiGirl wrote: |
| I met a girl on here who once worked for this paper. You still around? |
I think Katydid used to work for them, not sure if that's who you're thinking of though. |
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OiGirl
Joined: 23 Jan 2003
Location: Hoke-y-gun
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| Posted: Sun Dec 06, 2009 2:52 pm Post subject: |
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| peppermint wrote: |
| OiGirl wrote: |
| I met a girl on here who once worked for this paper. You still around? |
I think Katydid used to work for them, not sure if that's who you're thinking of though. |
Yup, I think that would be it! |
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