România liberă

România Liberă (Free Romania) was one of the leading party papers during the communist era. In the revolutionary days of December 1989 the paper immediately went into opposition against the post-communist government. It has kept its old name. România Liberă had over a million readers shortly after the revolution, but since then its circulation has fallen dramatically. Initially the German WAZ Media Group held shares in the paper, but it withdrew in 2010, selling all its stock to Romanian entrepreneur Dan Grigore Adamescu. The multimillionaire died in prison in 2017, while serving a prison sentence for corruption. His son took over the business. In October 2017, half of the editors left the newspaper to launch the Newsweek România magazine. The holding company to which România Liberă belongs filed for bankruptcy at the end of 2017.