Since its sale in 1982, UPI has changed ownership several times and was twice in
Chapter 11 bankruptcy reorganization.
[9] With each change in ownership came deeper service and staff cutbacks and changes of focus and a corresponding shrinkage of its traditional media customer base. Since the 1999 sale of its broadcast client list to its one-time major rival, the AP, UPI has concentrated on smaller information market niches. It no longer services media organizations in a major way.
[10]
In 2000, UPI was purchased by
News World Communications, an international news media company founded in 1976 by
Unification Church leader
Sun Myung Moon.
[11][12]