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orange
08-24-2010, 05:20 PM
Source: WashTimes Close To Running Final Edition - 8/23

- Another DCRTV exclusive.

DCRTV hears that the Washington Times is close to closing. A source tells us that Reverend Moon's son, Preston, was prepared to close the Times as recently as last Friday. A press release was reportedly ready for distribution when an apparent last minute and revised offer to buy the paper was submitted, we hear. Sources say that the younger Moon and another board member of TWT are "finished" with the paper and that they couldn't care less about any amount of money that is offered. "It is now about showing Daddy Moon who has the bigger cajones," a source tells DCRTV. " If this offer - and it is a reasonable one - is rejected, the paper could close its doors this week, just shy of 30 years in the Nation's Capital." According to a source with knowledge of the situation: "The paper has large debt load but there is a buyer. Normally, this would be a good thing for a seller. In the zany world of the Moon family, and the son's disregard for the family's wishes, it looks like the final edition is imminent." More soon.....

...

More On Latest WashTimes Crisis - 8/24

- The Washington Examiner reports DCRTV's story of yesterday that the Washington Times may be close to publishing its final edition if an offer from a last minute buyer isn't approved. The Examiner adds that the paper has downsized considerably because of economic difficulties. In December, the Times laid off several top editors, along with its entire sports section and several other reporters. It also stopped publishing the Sunday edition, and reduced the number of copies it prints. The Examiner says that several calls and an e-mail to the Times' publicist were not returned.....

http://dcrtv.com/

Bwana
08-24-2010, 05:23 PM
The Examiner adds that the paper has downsized considerably because of economic difficulties. In December, the Times laid off several top editors, along with its entire sports section and several other reporters. It also stopped publishing the Sunday edition, and reduced the number of copies it prints.


Hope and change! :holdman:

orange
08-24-2010, 05:30 PM
Hope and change! :holdman:


The failure in the marketplace of ultra-right printed propaganda-media is due to Obama?!

WAY TO GO, BARACK!!!

That's CHANGE I can totally believe in!

Hog Farmer
08-24-2010, 09:22 PM
The announcement of the closing will be published in the 8/26 edition, but unfortunately the final edition was published 8/24 so somebody will have to restart the paper to publish the 8/26 edition to make the announcement . Now nobody knows if it has shut down or not.

healthpellets
08-24-2010, 09:32 PM
where's the newspaper bailout?

Garcia Bronco
08-25-2010, 08:19 AM
This isn't the only the paper on the block. It's a dead medium. It sucks these people are losing their jobs.