The Los Angeles Times, frequently called LA Times or simply the Times, was founded in 1881 by Nathan Cole and Thomas Gardiner. The company operates a paid daily newspaper. In 2008, the Times was the largest newspaper in circulation and the fourth most distributed newspaper in the US. The Los Angeles Times is owned by Tronc.
In 1990, the newspaper’s circulation was at an all time high of more than 1.5 million. Currently, circulation is approximately 600,000, as many readers simply prefer to read stories online. The newspaper has won 41 Pulitzer prizes, including one in 2016 for their coverage of the San Bernardino shootings.
The Los Angeles Times has virtually no major competitors, other than the local paper Los Angeles Daily News. Their former competitor, the Los Angeles Herald, went out of business in 1989.