Times may be tough for some newspaper owners, but Santa Barbara News-Press co-publisher Wendy McCaw appears to be getting by just fine.
Her helicopter-toting 193-foot motoryacht Calixe is in Toronto, drawing plenty of admiring looks.
Ms McCaw and her fiancé, Arthur von Wiesenberger, are co-publishers of the News-Press, a newspaper she purchased in 2000 from the New York Times company.
She is divorced from cellular telephone tycoon Craig McCaw and has been a controversial newspaper owner.
In 2007, a National Labor Relations Board judge ordered the News-Press to reinstate eight employees it had fired for union organizing.
In 2006, six editors quit the paper over editorial ethics, an issue highlighted in the film Citizen McCaw.