| − | After over 27 years from its launch and losing over $2 billion dollars, the Washington Times announced on December 2009 that they are laying-off at least 40% of its staff and will shift to mainly free distribution. Billed as a conservative alternative to the Washington Post, the paper's recent circulation was at about 85,000 compared to the Post's 583,000. The Times' main focus will now be on a national audience and local coverage will be deemphasized. <ref>http://www.washingtonpost.com/wp-dyn/content/article/2009/12/02/AR2009120203295.html</ref> | + | After over 27 years from its launch and losing over $2 billion dollars, the Washington Times announced on December 2009 that they are laying-off at least 40% of its staff and will shift to mainly free distribution. Billed as a conservative alternative to the Washington Post, the paper's recent circulation was at about 85,000 compared to the Post's 583,000. The Times' main focus will now be on a national audience and local coverage will be deemphasized. <ref>http://www.washingtonpost.com/wp-dyn/content/article/2009/12/02/AR2009120203295.html</ref> |
| | + | The financially troubled newspaper has reached a preliminary agreement to sell the paper to a company affiliated with the [[Unification Church]]. <ref>[http://www.newsmax.com/InsideCover/US-Washington-Times-Sale/2010/08/25/id/368328 Editor: Deal in Works to Sell The Washington Times, NewsMax, August 25, 2010]</ref> |