Is the Washington Times being sold?
According to a media report, the financially struggling U.S. newspaper *The Washington Times* is exploring a sale. The daily is in talks with several potential buyers who are either interested in purchasing the paper or entering into a partnership.
The Washington Post reported this on Saturday, citing a statement from a member of the competitor's board of directors. The Washington Times could not initially be reached for comment. The paper closed its sports department at the end of last year. The move was part of a cost-cutting program aimed at reducing the workforce by 40 percent. The conservative newspaper is suffering badly from the decline in advertising revenue in the economic crisis and a dwindling readership.
