The Onion Publisher T. Herman Zweibel: ‘Well, I’ve Sold the Paper to the Chinese’

Now a subsidiary of Yu Wan Mei Amalgamated Salvage Fisheries and Polymer Injection Corp.

Update: Zuo Xiabing, CEO of Yu Wan Mei Group, has put the newly acquired news-paper back up for sale:

It appears that in America the very business of published news is in the midst of widespread atrophy, and now carries forward as does a sickly and aging man, coughing up blood and gasping for breath and bearing the pronounced stench of inevitable failure.

Why did no one inform us of this?

★ Friday, 24 July 2009