Newseum Newseum in Arlington, Virginia, in 1997. Prior to opening in Virginia, it maintained exhibition galleries in Nashville and Manhattan, the latter in the lobby of the former IBM Building at 580 Madison Avenue. In 2000, Freedom Forum decided to move the museum across the Potomac River to downtown Washington, D.C. The original site was closed on March 3, 2002, to allow its staff to concentrate on building the new, larger museum. The new museum, built at a cost of $450 million, opened its doors to the public on April 11, 2008. Tim Russert, a Newseum trustee, said, "The Newseum made
Newseum (The Freedom Forum established by Al Neuharth), has stated that the museum has had losses for several years, which has led to some controversial proposals to set things right. The issues, in part, reach back to the Washington location's construction, which had significant cost overruns. In August 2017, the Newseum's president, Jeffrey Herbst, resigned in the face of its difficulties. In February 2018, The Washington Post reported that the Newseum was exploring the sale of its building or a move. The Freedom Forum stated to the Washington Post that it had been financing over $20 million a year in continued