Things might be looking up for the battered Washington Times.
Executive Editor Sam Dealey confirmed there’s a preliminary agreement on the table to sell the publication to News World Media Development, a group associated with the Unification Church. The church’s leader, the Rev. Sun Myung Moon, founded the newspaper, though his son Preston Moon has been in control of the publication in recent years.
The deal is subject to a 30-day due diligence period.
“We’ve been through a lot over the last months — and frankly asked a lot from some really dedicated reporters and staff — so obviously there’s a healthy sense of relief,” Dealey told Yeas & Nays. “Nothing’s settled, of course, but it’s fair to say this agreement is a very positive turn of events.”
