Saturday, May 1, 2010

Unification Church will put Washington Times up for sale

By Ian Shapira
Washington Post Staff Writer
Saturday, May 1, 2010; A11

Washington Times executives are negotiating to sell the newspaper, after the Rev. Sun Myung Moon's family cut off most of the annual subsidy of about $35 million that has kept the Unification Church-backed paper afloat, company officials said.

Nicholas Chiaia, a member of the paper's two-man board of directors and president of the church-supported United Press International wire service, confirmed that the paper is actively on the market: "We recently entered into discussions with a number of parties interested in either purchasing or partnering with the Washington Times," he said in a statement to The Washington Post.

Current and former Times officials said one suitor has been the paper's former executive editor, John Solomon, who resigned in November 2009. Soon thereafter, they said, Solomon organized a group of investors to purchase the Times or launch a new multimedia outlet called The Washington Guardian. Times company officials said they are also in discussions with other potential investors...

1 comment:

Pablo the Mexican said...

Maybe the Vatican can fund them...

I visited a former Seminary on the east Coast of the United States that was sold to the Moonies by the Vatican to be used as a Moonie Seminary.

I visited after learning U.S. Bishops would rather demolish or sell to Satanist than let Traditional Priests use the facilities.

In total, I visited about a hundred former Monasteries, Convents, and Seminaries. None of them was sold with keeping Gods greater glory in mind. All the ones I saw were sold to Heretics, Satanists, Yoga believers, and so on. I even ran into a Freemason Occult group at a Former Our Lady of Mount Carmel Church.

So before we hammer the other guys, we should take a Truthful look at our guys...