The Times is a British daily national newspaper based in London. It began in 1785 under the title The Daily Universal Register, adopting its current name on 1 January 1788. The Times and its sister paper The Sunday Times (founded in 1821) are published by Times Newspapers, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. The Times and The Sunday Times, which do not share editorial staff, were founded independently and have only had common ownership since 1966. In general, the political position of The Times is considered to be centre-right. The Times is the first newspaper to have borne that name, lending it to numerous other papers around the world, such as The Times of India and The New York Times. In countries where these other titles are popular, the newspaper is often referred to as , or as , although the newspaper is of national scope and distribution. It is considered a newspaper of record in the UK. The Times had an average daily circulation of 365,880 in March 2020; in the same period, The Sunday Times had an average weekly circulation of 647,622. The two newspapers also had 304,000 digital-only paid subscribers as of June 2019. An American edition of The Times has been published since 6 June 2006. The Times has been heavily used by scholars and researchers because of its widespread availability in libraries and its detailed index. A complete historical file of the digitised paper, up to 2019, is online from Gale Cengage Learning. History 1785 to 1890 The Times was founded by publisher John Walter (1738–1812) on 1 January 1785 as The Daily Universal Register, with Walter in the role of editor. Walter had lost his job by the end of 1784 after the insurance company for which he worked went bankrupt due to losses from a Jamaican hurricane. Unemployed, Walter began a new business venture. At that time, Henry Johnson invented the logography, a new typography that was reputedly faster and more precise (although three years later, it was proved less efficient than advertised). Walter bought the logography's patent and with it opened a printing house to produce books. The first publication of the newspaper The Daily Universal Register was on 1 January 1785. Walter changed the title after 940 editions on 1 January 1788 to The Times. In 1803, Walter handed ownership and editorship to