I consider myself a mainstream journalist who embraces journalistic ethics. Having said that, I'm kinda sad about the demise of the Weekly World News.
How many mundane grocery-shopping trips have been brightened in the checkout by headlines such as "ALIENS ATE MY LAUNDRY" and "SADDAM HUSSEIN AND BIGFOOT HAVE LOVECHILD"? This is the same publication that found hell under a mountain in Russia, as well as a time-warped baby floating around in the Atlantic in a Titanic life preserver. The Weekly World News was also "the paper" upon which Mike Myers' mother relied for her only source of information in "So I Married an Axe Murderer."
The Weekly World News was either journalism at its worst, or cultural satire at its best.
Rest in peace, Bat Boy. We hardly knew you.