Oh my:

Former Republican U.S. Senate candidate Jack Ryan confirmed in a phone conversation this afternoon that he bought the Malibu Surfside News earlier this week. Ryan, who owns a place in Malibu, has 11 other newspapers -- all in Illinois. He says his company, 22nd Century Media, plans to get the paper running again in October. The previous owner got sick in June and had to shut it down. || Ryan's company is looking for an editor.

That's from media watcher Jim Romenesko, who confirmed the news yesterday.

Oh my.