The Ochs-Sulzberger family.
In 1896, Adolph Ochs bought The New York Times, a money-losing newspaper, and formed the New York Times Company. The Ochs-Sulzberger family, one of the United States’ newspaper dynasties, has owned The New York Times ever since.
Who bought the New York Times in 1896?
Adolph Simon Ochs
Despite price increases, the Times was losing $1,000 a week when Adolph Simon Ochs bought it in 1896.
Who owns most of the New York Times?
Top 10 Owners of New York Times Co
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 9.54% | 15,791,639 |
| ValueAct Capital Management LP | 7.74% | 12,808,340 |
| BlackRock Fund Advisors | 7.65% | 12,665,341 |
| Jackson Square Partners LLC | 5.49% | 9,087,478 |
How did the Sulzberger family manage to retain control of the New York Times Co after it went public?
When going public, the Class A shares received one vote per share as well because of listing requirements. Only Class A shares were listed. An arrangement allowing Class B shareholders to elect 70% of the board members enabled the Sulzberger family to retain control.
Who was the founder of the New York Times?
The New York TimesFounders
What family owned The New York Times?
the Sulzberger family
It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper’s publisher and the company’s chairman, is the fifth generation of the family to head the paper.
When did the Sulzberger family buy The New York Times?
Arthur Ochs Sulzberger Sr.
(February 5, 1926 – September 29, 2012) was an American publisher and a businessman. Born into a prominent media and publishing family, Sulzberger became publisher of The New York Times in 1963 and chairman of the board of The New York Times Company in 1973.
Who controls the NYT?
The New York Times Company
| The New York Times Building | |
|---|---|
| Key people | A. G. Sulzberger (Chairman) Meredith Kopit Levien (President and CEO) |
| Products | The New York Times The New York Times International Edition Other media properties |
| Revenue | US$2.07 billion (2021) |
| Operating income | US$268 million (2021) |
Does the richest man in Mexico own the New York Times?
An unlikely savior emerged you may recall, in the form of Mexican billionaire Carlos Slim Helu. The previous September, (that is September 2008, when the U.S. financial system was melting down), Slim bought a 6.4% stake in The New York Times Company, or 9.1 million shares, worth some $127 million.
What does the Sulzberger family own?
11. The Sulzberger-Ochs Family. The New York Times is the Sulzberger family business. Arthur Hays Sulzberger, the “grandfather” of the Times, attended Columbia University and joined the venerable paper in 1918, a year after he married Iphigene Ochs, the daughter of publisher Adolph Ochs.
What religion is the Sulzberger family?
Sulzberger, a Reform Jew, was an outspoken anti-Zionist at a time when the Reform movement was still debating the issue. He and his family “were closely knit into the Jewish philanthropic world as befitted their social and economic standing,” wrote Neil Lewis, a former longtime reporter at The Times.
Who is David Perpich?
David Perpich is the publisher of The Athletic and Wirecutter. Prior to February 2022, he served as the head of standalone products since 2020 where he oversaw Games, Cooking, Wirecutter, Audm (our read-aloud audio service), and the exploration and incubation of a how-to product for kids.
What is The New York Times strategy?
Our vision is to become the essential subscription for every curious, English-speaking person seeking to understand and engage with the world. We see an opportunity for The Times to play an even bigger role in the lives of tens of millions of people around the world.
Who owned the New York World newspaper?
publisher Joseph Pulitzer
The World is most closely associated with publisher Joseph Pulitzer, who purchased the newspaper in 1883. Its coverage became increasingly flamboyant—particularly its Sunday edition under the editorship of Arthur Brisbane.
Who was the founder of New York and why?
In 1626, Peter Minuit, Governor of the Dutch West India Company bought the island of Manhattan from Native Americans for 24 dollars and founded a colony called New Amsterdam. The colony developed a profitable fur trade in the region with the Native American tribes.
What radical approach did The New York Times take in 1896?
Objective versus Story-Driven Journalism
This all changed in 1896 when a then-failing paper, The New York Times, took a radical new approach to reporting: employing objectivity, or impartiality, to satisfy a wide range of readers.
Who is the parent company of The Times?
The Times
| Front page, 19 October 2015 | |
|---|---|
| Type | Daily newspaper |
| Owner(s) | News UK |
| Editor | John Witherow |
| Founded | 1 January 1785 (as The Daily Universal Register) |
Who were the original families of NYC?
Original and current Five Families bosses
| Original family name | Founded by | Named after |
|---|---|---|
| Profaci | Joe Profaci | Joseph Colombo |
| Mangano | Vincent Mangano | Carlo Gambino |
| Luciano | Lucky Luciano | Vito Genovese |
| Gagliano | Tommy Gagliano | Tommy Lucchese |
Who are The Times owned by?
The Times and The Sunday Times were first held under common ownership by Lord Thomson in 1966 as Times Newspapers Limited (TNL) and were bought by Rupert Murdoch in 1981.
When did Ochs buy The New York Times?
1896
Impartial Coverage: As Good for Business as It Is for Journalism. When Adolph S. Ochs bought The New York Times in 1896, there were not many newspapers readers could trust.
Can someone buy The New York Times?
The New York Times print newspaper is sold in over 34,000 retail outlets, including online at The New York Times Store, where you can purchase issues from the past 90 days, as well as a selection of special sections from the newspaper.