Who’s Really Behind Newsweek?


When Newsweek reappeared on newsstands a few weeks ago after publishing its last print edition in 2012, it provided a jolt of instant credibility for its purchaser, International Business Times, the publisher of a website of the same name. But who is IBT? There have been rumors for some time that it was founded—and is still directed—by David Jang, the charismatic Korean leader of a Christian sect known as “the Community,” but those rumors have never really been confirmed.

Until now. In the latest issue of Mother Jones, Ben Dooley reports on the results of a multi-year investigation based on financial statements, thousands of internal messages, and dozens of sources. It turns out that IBT’s ties to Jang go much deeper than previously established:

  • The Jang-founded Olivet University and IBT are linked to a web of dozens of churches, nonprofits, and corporations around the world that Jang has influenced or controlled, with money from Community members and profitable ministries helping to cover the costs of money-losing ministries and Jang’s expenses.
  • IBT’s CEO and chief content officer have been in frequent contact with Jang about the direction of the company, receiving advice on personnel decisions, business strategy, and font selection.
  • Money from other Community-affiliated organizations funded IBT’s early growth.
  • Olivet students in the United States on international student visas say they worked for IBT full-time for as little as $125 a week.
  • Jang sees Community-affiliated media organizations, including IBT, as an essential part of his mission to build the kingdom of God on Earth.

As Dooley says in his article, there’s nothing unusual about business leaders associating with people or institutions that share their values. But if there’s nothing unusual about the ties that IBT’s leaders have to Jang and the Community, why have they been so eager to downplay them? Click the link to learn more.

AN IMPORTANT UPDATE

We’re falling behind our online fundraising goals and we can’t sustain coming up short on donations month after month. Perhaps you’ve heard? It is impossibly hard in the news business right now, with layoffs intensifying and fancy new startups and funding going kaput.

The crisis facing journalism and democracy isn’t going away anytime soon. And neither is Mother Jones, our readers, or our unique way of doing in-depth reporting that exists to bring about change.

Which is exactly why, despite the challenges we face, we just took a big gulp and joined forces with The Center for Investigative Reporting, a team of ace journalists who create the amazing podcast and public radio show Reveal.

If you can part with even just a few bucks, please help us pick up the pace of donations. We simply can’t afford to keep falling behind on our fundraising targets month after month.

Editor-in-Chief Clara Jeffery said it well to our team recently, and that team 100 percent includes readers like you who make it all possible: “This is a year to prove that we can pull off this merger, grow our audiences and impact, attract more funding and keep growing. More broadly, it’s a year when the very future of both journalism and democracy is on the line. We have to go for every important story, every reader/listener/viewer, and leave it all on the field. I’m very proud of all the hard work that’s gotten us to this moment, and confident that we can meet it.”

Let’s do this. If you can right now, please support Mother Jones and investigative journalism with an urgently needed donation today.

payment methods

AN IMPORTANT UPDATE

We’re falling behind our online fundraising goals and we can’t sustain coming up short on donations month after month. Perhaps you’ve heard? It is impossibly hard in the news business right now, with layoffs intensifying and fancy new startups and funding going kaput.

The crisis facing journalism and democracy isn’t going away anytime soon. And neither is Mother Jones, our readers, or our unique way of doing in-depth reporting that exists to bring about change.

Which is exactly why, despite the challenges we face, we just took a big gulp and joined forces with The Center for Investigative Reporting, a team of ace journalists who create the amazing podcast and public radio show Reveal.

If you can part with even just a few bucks, please help us pick up the pace of donations. We simply can’t afford to keep falling behind on our fundraising targets month after month.

Editor-in-Chief Clara Jeffery said it well to our team recently, and that team 100 percent includes readers like you who make it all possible: “This is a year to prove that we can pull off this merger, grow our audiences and impact, attract more funding and keep growing. More broadly, it’s a year when the very future of both journalism and democracy is on the line. We have to go for every important story, every reader/listener/viewer, and leave it all on the field. I’m very proud of all the hard work that’s gotten us to this moment, and confident that we can meet it.”

Let’s do this. If you can right now, please support Mother Jones and investigative journalism with an urgently needed donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate