Moon gives axe to wingnut hacks

[MrBenchley]

Not every mass layoff story is a tragedy...

"Several dozen employees at Insight, a biweekly news magazine, and the World & I, a monthly educational journal, sister publications of the Washington Times, are out of work today as both publications wind down operations.
On April16, the magazines' owner, News World Communications Inc., a subsidiary of the Rev. Sun Myung Moon's Unification Church, announced it would no longer print Insight and the World & I, as well as Noticias del Mundo, a Spanish-language newspaper in New York City, as of April 30, said News World spokeswoman Diana Banister. A total of 86 people are out of a job, out of 1,200 employees worldwide. A small staff is to stay on to maintain the Insight and World & I Web sites, editors said.
A 2002 Washington Post article reported that Insight was launched in 1985 with an annual subsidy of $40 million, and that in recent years, that figure had shrunk to about $4 million. News World executives would not comment on the level of subsidy Insight had received in the previous two years.
In its heyday, Insight was a training ground for many of today's top conservative journalists. Among the magazine's notable alumni are Weekly Standard Managing Editor Richard Starr, New York Post columnist John Podhoretz and author David Brock. "

http://www.washingtonpost.com/wp-dyn/articles/A61356-2004May2.html

Look for these crack newshounds in their new positions, selling flowers by roadsides for the living Messiah...

[RobertSeattle]

1. Moonies lay off some loonies

Now that's a headline!

[MrBenchley]

2. Great one...

We should open a tabloid together...

[trof]

3. redundafundamentalists

[blm]

4. Sounds like Moon is giving up. He knows Bush is toast in November.

.

[redqueen]

5. Subsidy?

From the parent company? I'm wondering how successful those publications are... or were, rather.