Definition. The type. … in the history . Today. The genre. In fiction. The Times is a British daily national newspaper, first published in London in 1785 under the title The Daily Universal Register (it became The Times on 1 January 1788). The Times and its sister paper The Sunday Times (founded in 1821) are published by Times Newspapers Limited. The paper is also the originator of the ubiquitous Times Roman typeface, originally developed by Stanley Morison of The Times in collaboration with the Monotype Corporation for its legibility in low - tech printing. The Times was printed in broadsheet format for 219 years, but switched to compact size in 2004 partly in an attempt to appeal to younger readers and partly to appeal to commuters using public transport. The Times was the first newspaper to send war correspondents to cover particular conflicts. W. H. Russell, the paper's correspondent with the army in the Crimean War, was immensely influentia with his dispatches back to England. A wounded British officer reading The Times's report of the end of the Crimean war, in John Everett Millais' painting Peace Concluded . The newspaper's cover price in the United Kingdom is £1.00 on weekdays and £1.50 on Saturdays. The Times's sister paper, The Sunday Times, is a broadsheet and priced at £2.20. Although The Times and The Sunday Times are both owned by News International, they do not share editorial staff, were founded independently and have shared the same owner only since 1967. £1.00 = 48.28 рублей The certified average circulation figures for November 2005 show that The Times sold 692,581 copies per day. This was the highest achieved under the last editor, Robert Thomson. Some allege that The Times' partisan opinion pieces also damage its status as 'paper of record,' particularly when attacking interests that go against those of its parent company – News International. James Bond read "The Times". As described by Fleming in From Russia, with Love: "The Times" was the only paper that Bond ever read."