Tears from this Onion are most likely induced from fits of laughter. Onion, Inc. publishes the popular satirical weekly newspaper The Onion, which is available in both online and print editions. Sister website The Onion A.V. Club features interviews, reviews, and columns focusing on music and movies. Other operations include book publishing (including the best-seller Our Dumb Century), radio programming (Onion Radio News), online video clips (The Onion News Network), and consumer items such as calendars, mugs, and T-shirts. The company earns revenue through advertising and subscription fees. The Onion was first published in 1988 by then University of Wisconsin students Tim Keck and Christopher Johnson.
The Onion's 8 print editions are published for markets including Chicago, Washington, D.C., and New York City, with a total weekly circulation of more than 600,000. It turns out the fake news industry is just as vulnerable to an economic recession as traditional media outlets; in response to declining advertising revenue, the company in 2009 ceased publication of its Los Angeles and San Francisco editions.
The Onion News Network, launched in 2007, brings video clips of fake news items and is supported by ads. The Network made the big move to cable television in 2011, when the half hour fake news show The Onion News Network began airing on the IFC Channel. In other television-related activities, in 2010 Comedy Central ordered 10 episodes of a new series based on Web shorts of The Onion Sports Network. – less