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News World Communications

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Not to be confused with New World Communications.

News World Communications
Company typeNews media
Founded1976; 48 years ago (1976) in New York City, United States
FounderSun Myung Moon
Area served
Internationally
Products
    • New York City Tribune
    • Noticias del Mundo
Subsidiaries

News World Communications Inc. is an American international news media corporation.[1]

Background

It was founded in New York City, in 1976, by Unification movement founder and leader Sun Myung Moon. Its first two newspapers, The News World (later renamed the New York City Tribune) and the Spanish-language Noticias del Mundo, were published in New York from 1976 until the early 1990s.[2][3] In October 2009, Hyun Jin Moon took over as chairman.[4]

News World Communications currently owns United Press International, GolfStyles (formerly Washington Golf Monthly), Segye Ilbo (South Korea), and Sekai Nippo (Japan). Formerly, it owned The World and I, as well as the now defunct Tiempos del Mundo, Zambezi Times (South Africa) and Middle East Times (Egypt).[5]

Until 2008, it published the Washington D.C.-based newsmagazine Insight on the News.[1] News World Communications' best-known newspaper was The Washington Times, which the company owned from the paper's founding in 1982 until 2010, when Sun Myung Moon and a group of former Times editors purchased the paper from News World Communications under the company News World Media Development, which now also owns The World and I.[6] The Times is currently owned by diversified conglomerate owned by the Unification movement, Operations Holdings,[7][8] through The Washington Times LLC.

References

  1. ^ a b "Who Owns What: News World Communications". The Columbia Journalism Review. November 24, 2003. Archived from the original on July 28, 2012. Retrieved February 2, 2008.
  2. ^ "AROUND THE NATION; Sun Myung Moon Paper Appears in Washington". The New York Times. May 18, 1982. Retrieved January 22, 2018.
  3. ^ "Global Peace Festival stirs Japan". United Press International. November 17, 2008.
  4. ^ Duin, Julia (October 14, 2009). "Rev. Sun Myung Moon passes the torch". The Washington Times. Retrieved February 15, 2016.
  5. ^ Yahoo! Finance profile. yahoo.com. Retrieved January 22, 2018.
  6. ^ Shapira, Ian (November 3, 2010). "Moon group buys back Washington Times". Washington Post. p. C1.
  7. ^ "The Washington Times reports first profitable month". Associated Press News. October 15, 2015. Retrieved February 7, 2016.
  8. ^ "Operations Holdings Inc. – About Us". Operations Holdings. Retrieved March 19, 2018.
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