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Home > Company Index > Media > Publishing - Newspapers > News World Communications, Inc.

News World Communications, Inc.
 PROFILE
Could the news of this world be influenced by the Moon? News World Communications is a newspaper publishing company owned by the Unification Church, which is controlled by the Reverend Sun Myung Moon. The company publishes "The Washington Times," which reaches about 100,000 readers in the Washington, DC, area. It also produces the magazine "Insight" as well as international publications "The Middle East Times" (Cairo) and "Tiempos del Mundo" (Buenos Aires). In 2000 the company added struggling news service United Press International to its portfolio. Moon began publishing the "Times" in 1982, but has reportedly lost more than $1 billion on the venture.

 COMPETITION
The New York Times Company (NYT)
Reuters Group PLC (RTRSY)
The Washington Post Company (WPO)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
1999 Sales (mil.): 200.00
1-Yr. Sales Growth: 0.0%
Employees: 900
Revenue per employee: $222,222.22

 KEY PEOPLE
• Dong Moon Joo
    CEO
• Herbert Eisenbart
    CFO

 CONTACT INFO
3600 New York Ave. NE
Washington, DC 20002
US
Phone: 202-636-4841
Fax: 202-526-6820
Online: Web Site

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