10 Facts About Detroit Times

Sixth and most recent version of the Detroit Times was published as an evening paper from 1900 until November 6,1960.

At the time Hearst purchased the Times it was located at 131 Bagley Street; Hearst wasted no time working out plans for a new state-of-the-art printing plant.

The Detroit Times hit its highest circulation in 1951, with an average daily high of 438,757 papers sold.

The $10 million deal included the Detroit Times, its building, its presses, all physical assets, distribution rights and subscription lists.

That same day, The News began showing the Times' masthead below theirs, displaying, "The Detroit News - including the best features from the Detroit Times, " meaning that even as former Times workers were still trying to absorb the shock of the news they had just received that morning, Times subscribers would begin receiving deliveries of The News - featuring the Times masthead - later that afternoon.

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In reality, very few of the Detroit Times' staff were offered jobs with the "merged" paper, as it was no merger.

The News had in fact, purchased the Detroit Times, closed it down in the middle of the night with no advance warning, locked down its building, and fired its employees.

Hearst executives expressed "regret at leaving Detroit" after nearly 40 years, but said that, much like the current troubling era for print journalism, "the Times has been beset by the same basic problems confronting so many other metropolitan newspapers, " and that circulation and advertising were not rising to match the cost of doing business.

The Detroit Times had reportedly lost $10 million in the previous five years.

The area where the Detroit Times was located is called Times Square, although the Square itself was removed to make way for the Rosa Parks Transit Center in 2009.