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