Media in Seattle includes long-established newspapers, television and radio stations, and an evolving panoply of smaller, local art, culture, neighborhood and political publications, filmmaking and, most recently, Internet media. As of the fall of 2009, Seattle has the 20th largest newspaper and the 13th largest radio and television market in the United States. The Seattle media market also serves Puget Sound and Western Washington. Seattle has been at the forefront of new media developments since the 1999 protests of a meeting of the World Trade Organization in Seattle spurred the formation of the city's Independent Media Center, which covered and disseminated the breaking news online to a worldwide audience. The location of Microsoft just outside Seattle in nearby Redmond, and the growth of interactive media companies have made Seattle prominent in new digital media. Newspapers Seattle's major daily newspaper is The Seattle Times. The local Blethen family owns 50.5% of the Times, the other 49.5% being owned by the McClatchy Company. The Times holds the largest Sunday circulation in the Pacific Northwest. The Seattle Post-Intelligencer (now online only) is owned by the Hearst Corporation. The Seattle Daily Journal of Commerce covers economic news, and The Daily of the University of Washington, the University of Washington's school paper, is published five days per week during the school year. The Seattle newspaper landscape changed dramatically in 2009, when the Seattle Post-Intelligencer ceased print publication. Previously, the Post-Intelligencer and The Seattle Times had shared a joint-operating agreement under which the Times handled business operations outside the newsroom for its competitor. When the Post-Intelligencer went online-only as SeattlePI.com, The Seattle Times felt the blow financially but continues to be a profit-earning publication and even increased its print circulation in 2009 by 30 percent. Nonetheless, the P-Is move to online-only resulted in 145 jobs lost at that publication, while The Seattle Times cut 150 editorial positions shortly before that, in December 2008. The Times reaches 7 out of 10 adults in King and Snohomish Counties. With fewer resources, the Times took steps to consolidate some of its news coverage: for example, folding the daily business section into the paper's A section. The Seattle Times has been recognized for its editorial excellence: The newspaper has been the recipient of nine Pulitzer Prizes. In recent years, the Times has begun to partner with other types of media outlets, including collaborations with several local bloggers that are funded