Last Thursday, The New York Times announced that its publisher, Arthur Ochs Sulzberger Jr., 66, is stepping down at the end of the year. One hundred years later, the Times was the acknowledged leader of American journalism, and although it had become a billion-dollar operation, it was still a family paper, controlled by Punch Sulzberger and his sisters and cousins and their children. Curtis Yarvin and the rising right are crafting a different strain of conservative politics. But even more astute was his decision to follow the old wisdom: If they're going to write it anyway, you might as well talk to them. However, he has said that people still tend to regard him as Jewish due to his last name. The familial exchange of power wasnt unexpected. They are toughest on the Times in those areas where the newspaper has already admitted its faults--such as the Holocaust coverage, the decision to play ball with JFK over the Bay of Pigs (and thus enable the ensuing disaster), or the Times's late arrival in lifestyle coverage, where it trailed The Washington Post (for which, I should divulge, I served as a regional correspondent for eight years). But the authors are not inclined to criticize the paper on other matters, such as its failure to report on some of the early scandals of the Reagan era or its obsessive focus on Clinton's Whitewater affair. For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members. More seriously, the attention to the family makes this an uneven book as an institutional history of the Times. She could, however, supply a successor by marrying one, and she found Arthur Hays Sulzberger, a businessman whose Jewish ancestors had settled in New York in the eighteenth century. But that question of nondemocratic succession in ostensibly democratic America is exactly the subject Armstrong and his writers are eager to dig into. The New York Timesis based in New York but read worldwide; its ranked 18th by circulation. Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? Donald Trump, a critic of The New YorkTimes,inadvertently helped it remain in business by providing near-endless scandals for the paper to dig its teeth into. Not coincidentally, Punch gradually emerges as the hero--the businessman with unerring judgment, the publisher with the noblest of journalistic instincts, the dutiful son, and the conscientious legatee. However, his reign as owner almost sankThe New York Times. For a brief moment, it looked like the Sulzberger name would depart the papers helm. Even the central claim--that the Sulzbergers might be the country's most powerful family over the past century--is stated but never argued. This collection does not contain images used to illustrate stories in the paper. He approved the institution of a paywall in 2011, which people considered a risky move, but turned out to be the focal point of The New YorkTimesdigital business model. People expected the paper to go bankrupt, but Mexican billionaire Carlos Slim Helu stepped in before that happened. The revelations that have leaked from Prince Harrys memoir, Monica Lewinsky: 25 Randoms on the 25th Anniversary of the Bill Clinton Calamity. It always felt different from Virginias local dailies, she said. [9] He became a national correspondent,[10] heading the Kansas City bureau and covering the Midwest region. The New York Times Company records. Adolph Simon Ochs bought The New York Times from Henry Jarvis Raymond and George Jones Adolph Simon Ochs (file photo; photo credit: AP), Illustrative: The International New York Times and Al-Quds newspapers on November 9, 2016 (Tamar Pileggi/Times of Israel). and the best executive editor in the business, I depart knowing the best is yet to come.. See "Compensation of Executive Officers" for a description of his compensation. Consider their handling of "Punch" Sulzberger, who ran the paper from 1963 to 1997. Little, Brown; 870 pages. [6] The club began admitting women a few months later. [39][40], He has said that an independent press "is not a liberal ideal or a progressive ideal or a Democratic ideal. I feel weve achieved everything we had hoped to achieve,Thompson said. The Panic of 1893 hit the paper hard, and by 1896, The New York Timeshad less than 10,000 readers and was losing $1,000 a day. [16], Sulzberger was opposed to the Vietnam War and was arrested at protest rallies in the 1970s. Sulzberger was born in Mount Kisco, New York, one of two children of Barbara Winslow (ne Grant) and Arthur Ochs "Punch" Sulzberger Sr. [2] His sister is Karen Alden Sulzberger, who is married to author Eric Lax. [19], Sulzberger was named associate editor for newsroom strategy in August 2015. Newhouse family - Forbes Arthur Ochs Sulzberger, Jr.'s Net Worth Probably, 2020 is the busiest year for Arthur Ochs Sulzberger, Jr.. A year later, Sulzberger was named deputy publisher, overseeing the news and business departments. A.G. Sulzberger is an American journalist and the publisher of The New York Times. Sulzberger helped to found and was a two-term chairman of the New York City Outward Bound organization,[15] and currently serves on the board of the Mohonk Preserve. The authors must surely have known that. In 1891 there were 5 Sulzberger families living in London. From 1997 until 2020, Sulzberger was the chairman of The New York Times Company and the publisher of The New York Times from 1992 to 2018. the proverbial fire in the belly. (Shes also committed to maintaining the historical Ochs initiated the family's ownership of the Times after he bought the paper in 1893. Find company research, competitor information, contact details & financial data for SULZBERGER REALTY PTY. I warned that this inflammatory language is contributing to a rise in threats against journalists and will lead to violence. He also owns a Hudson Valley mansion in New Paltz. And that family history lives on. The younger Sulzberger is the sixth member of the Ochs/Sulzberger clan to become . But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community. [6] Despite threats from the club to withdraw their advertising if the story ran, the Journal published Sulzberger's story. But at other times, the approach has its drawbacks. In 2005, a vicious profile in. Marian SULZBERGER. flexes his editorial muscle on his Facebook page: Alex Thinks Sarah Ms. Van Dyck was the chief operating officer for Reality Labs at Meta Platforms, Inc. (formerly Facebook, Inc.) from 2020 to 2022. Free and open company data on New Zealand company SULZBERGER FAMILY TRUSTEE COMPANY LIMITED (company number 4114618), 3 Oakwood Drive, Highlands Park, New Plymouth, 4312. But when it comes to the antics of their personal lives, the Sulzbergers play their cards impossibly close to the vest. Sulzberger . Carlos bought a 6.4% stake in The New York Times Company; however, it wasnt enough. [24][25][26] His cousins Sam Dolnick, now assistant managing editor of the Times,[27] and David Perpich, now head of standalone products and a member of the New York Times Company board,[28] were also considered for the role. Reuters commitment to independence threatened its merger with Thomson, Is Night Court a real thing? It's also a situation where you can prepare yourself for the calling, but it's considered unseemly to campaign for it. The paper sold for a penny. Arthur Gregg Sulzberger (born August 5, 1980) is an American journalist serving as chairman of The New York Times Company and publisher of its flagship newspaper, The New York Times. As previously reported, stage legend Cherry Jones will play head of the family Nan Pierce, Holly Hunter is CEO Rhea Jarrell, and Annabelle Dexter-Jones plays Naomi Pierce, whom we discover in the third episode is a friend of Romans partner, Tabitha. Roman tries to reach out to Naomi to get the ball rolling on a deal, but Naomi alerts the rest of the family, who shut negotiations down before they start. For most of the twentieth century, the Times and the Sulzbergers have been dealing with the transfer of power--fretting over it, speculating about it, handicapping it, and sometimes campaigning for it. The head of the Times does not have the power to shake things up very much. Granted, the Times presents challenges to any author. Various Sulzbergers have left their mark, literally, on the world. The authors keep a consistent focus on the family. Meet the brand-new players on the board this season. It has been owned by the family since 1896; A. G. Sulzberger, the paper's publisher, and his father, Arthur Ochs Sulzberger, Jr., the company's chairman, are the fourth and fifth generation of the family to head the paper. The Roys are new moneyso much that Logan seems to resent his children for growing up with the wealth he never had as a childwhile the liberal, patrician Pierces have seemingly spent generations coolly steering their lucrative empire straight into the danger that is our increasingly rocky media landscape. Arthur oversaw significant changes in the company, including the move from black and white to color and subsequent transformation into a digital publication. All about the workings of this global humanitarian organization, Who owns Reuters? At today's prices, that's worth about $344 million. Died:2017. families like the Murdochs, the Trumps, and the Redstones, who helped run a DJ-training school called Scratch DJ Academy. A look back into the familys history shows why. It was not the biggest newspaper in New York and certainly not the best written. Journalist and politician Henry Jarvis Raymond and George Jones foundedThe New York Timesas theNew-York Daily Timesin September 1851. And with a dynamic new C.E.O. And this week, the fifth generation takes on a leadership role. Married to Matthew ROSENSCHEIN, Jr. Scene Stealer: The True Lies of Elisabeth Finch, Part 2. [25] In 2018, he married Molly Messick.[5]. The trust is run by a committee of eight family members. And Arthur Sulzberger Jr. owns 1.8% of Class A stocks and 92.2% of Class B stocks. limited, and the bubble of affluence doesnt always produce heirs with Not surprisingly, neither Sulzberger nor the family members on the board were interested in ceding control of the company. Arthur Ochs "Pinch"[1] Sulzberger Jr. (born September 22, 1951) is an American journalist. As the 33-year-old son of New York Times publisher and company chairman Arthur Sulzberger Jr., whose family has steered the institution since 1896, Arthur Gregg Sulzberger is one in a handful of . Should he have? In seven years of talking, they say they had "the same relationship any New York Times reporter would have with a cooperative subject: we had access, but with complete independence and no advance review of our work.". [6] While there, he revealed that membership of the Narragansett Lions Club was not open to women. Arthur Gregg Sulzberger, Chairman & Publisher Diane Brayton, Exec. - Age . Sulzberger was the chairman of The New York Times Company from 1997 to 2020, and the publisher of The New York Times from 1992 to 2018. The tradition of handing down the paper from father to a firstborn son also named Arthur is such an obviously medieval practice at the New York Times that Sulzbergers dad and predecessor, Arthur Ochs Pinch Sulzberger Jr., kept a Steuben crystal sculpture of a gold-handled Excalibur embedded in stone on his deska gift and potential Shiv Roy-worthy act of passive aggression from his passed-over sisters when he was named publisher and the familys next kingArthur. Ruth SULZBERGER. He also Despite being a national newspaper of record,The New York Timeshas faced criticism for allegedly leaning to the left side of politics. The setting was the Metropolitan Museum of Art in New York, the nation's pre-eminent bastion of high art. Divorced: 1956. Compare the best options for 2023. He committed to holding the Times "to the highest standards of independence, rigor, and fairness".[31]. On the opposite coast, The Los Angeles Times provides a cautionary tale: When the Chandler family dropped its active running of the paper, they turned to the cereal maker Mark Willes from General Mills, whose only prior involvement with the newspaper business was as a reader. As publisher, he oversees the news outlet's journalism and business operations. It is a family company, and the family, I assume, decides who the successor is in a way that isnt either particularly corporate or democratic. The Jewish issue, which the family is quite conscious of but reticent about discussing, also gets its due in The Trust. [13] In 2013, he was tapped by then-executive editor Jill Abramson to lead the team that produced the Times' Innovation Report,[14] an internal assessment of the challenges facing the Times in the digital age. Theyre not QAnon. (Kimberly White/Getty Images for New York Times/via JTA), Adolph Ochs (photo credit: Wikimedia Commons), Memoir of former executive editor of The New York Times, Max Frankel. NEW YORK (JTA) On Thursday, The New York Times announced that its publisher, Arthur Ochs Sulzberger Jr., 66, is stepping down at the end of the year and will be succeeded by his son, 37-year-old Arthur Gregg (A.G.) Sulzberger. Had NYT highlighted Nazi horrors, US 'might have awakened', Were really pleased that youve read, Please use the following structure: example@domain.com, Send me The Times of Israel Daily Edition. The Sulzberger family has . It describes in great detail the story of the Ochs/Sulzberger clan and their 4 generations of ownership of what we now know as The New York Times. In January 2009, Slim loaned The New YorkTimes$250 million. Ben Dolnick, the 26-year-old son of Lynn Dolnick, Michael Goldens While criticism from the Jewish community under his tenure was less harsh than during his grandfathers time, many, particularly on the right, still saw the newspaper as being biased against Israel. Despite running the paper of record for over a century, the Sulzbergers (or Ochs-Sulzbergers, as theyre sometimes called) arent quite a household name outside New York media and certain social circles. Born: 1921. For as little as $6/month, you will: Were really pleased that youve read X Times of Israel articles in the past month. It's easy to be misled by the Times's recent greatness into thinking that it was always so. Meredith had big shoes to fill, but she expressed confidence in her ability. Looming at one end of that shelf is the standard-setting Kingdom and the Power by Gay Talese, flanked by the memoirs of such Times authors as Scotty Reston, Russell Baker, and Max Frankel. Tifft and Jones are former journalists--she with Time magazine and he with the Times itself, where he covered the news industry and won a Pulitzer Prize. Park Bo-gum was born on June 16, 1993. The first known member of the family was Eleazar Sussman Sulzberger, c1600. As widely expected, A.G. became deputy publisher and later, board chairperson. [That section indicates A.G. Sulzberger was paid $8,112,955 for his work in 2019, 2020, and 2021. He was unafraid to take risks and make big bets from taking The Times global to introducing the digital pay model and he did it all while never veering from his commitment to continual investment in Times journalism in order to keep it strong and independent,Brian McAndrews, a company executive said. When Succession creator Jesse Armstrong set out to make his HBO series about power and family conflict in the world of New York media he had a very specific type of business mogul in mind. The surprising truth, Broker: the baby box drama movies ending, explained, Colleen Hoovers It Starts with Us: the sequels ending, explained, Why is SHEIN so cheap? DAVID GREENE, HOST: One family has owned and operated The New York Times since 1896. Copyright 2023 | The American Prospect, Inc. | All Rights Reserved, The Alt-Labor Chronicles: Americas Worker Centers, The Trust: The Private and Powerful Family Behind The New York Times. For me, fashion is life, and life is art, she writes on her 97-page "innovation report" about how the Times needed to become a digital-first company. He will assume the title chairman emeritus, the company said. Don't overpay for pet insurance. [2][3] At Brown, Sulzberger worked briefly for The Brown Daily Herald as a Contributing Writer. [4], After being encouraged by Brown journalism professor Tracy Breton to apply,[5] he interned at The Providence Journal from 2004 to 2006, working from the paper's office in Wakefield. As a publisher, he oversees the news outlet's journalism and business operations. Even the Bancroft familywhich sold the Wall Street Journal off to Rupert Murdoch in 2007was known to consist of some restless socialites and horse enthusiasts whose hobbies required access to substantial funds, as New York magazine put it in 2008. Born:Dec 1918. Janet L. Robinson, chief executive of The New York Times Company, said: This agreement provides us with increased financial flexibility to continue to execute on our long-term strategy. The family settled in Tennessee, and Ochs rose to be publisher of the Chattanooga Times. Kopit became CEO during a once-in-a-century pandemic that cut the papers revenue by more than half. Had The Times highlighted Nazi atrocities against Jews, or simply not buried certain stories, the nation might have awakened to the horror far sooner than it did, Jones and Tifft wrote. We continue to explore other financing initiatives and are focused on reducing our total debt through the cash we generate from our businesses and other decisive steps.. Adolph Ochs, the original member of the Ochs Sulzberger clan, married Effie Wise, the daughter of Rabbi Isaac Mayer Wise, a leading American Reform Jewish scholar who founded the movements rabbinical school, the Hebrew Union College-Jewish Institute of Religion. 1 Sponsored by Forbes Advisor Best pet insurance of 2023. Both the Sulzberger and Graham families, which own controlling interests in their companies, have safeguarded quality journalism with the dynastic succession. shopper. In 1896, Adolph Simon Ochs, the publisher of theChattanooga Times,purchased a controlling stake in the company. But Arthur Ochs Sulzberger Jr. still had some connections to his Jewish background. "[41] In 2020, Sulzberger voiced concern about the disappearance of local news, saying that "if we don't find a path forward" for local journalism, "I believe we'll continue to watch society grow more polarized, less empathetic, more easily manipulated by powerful interests and more untethered from the truth. He also served as chairman and chief executive of The New York Times Company from 1963 until 1997, when he passed the reins to his son, the paper reported. On the evening of June 26, 1996, there was a rare public display of the American Establishment. The broadcaster faces an uncertain future, Who owns Nespresso? This was about 45% of all the recorded Sulzberger's in the UK. This infusion of great actors, alone, is fantastic news for such a masculine-power-heavy show. Publisher A.G. Sulzberger is the sixth member of the Ochs-Sulzberger family to lead the paper. The occasion was a special anniversary for The New York Times, the nation's pre-eminent bastion of serious journalism. [35] A.G. Sulzberger became the chairman of The New York Times Company on January 1, 2021. Married to Andrew HEISKELL. A.G. praised Arthurs impact extensively after he announced his retirement:Our success today is directly attributable to his singular focus on the long term, his embrace of innovation and his sustained investment in quality, original journalism.. The 2008 financial crisis hit The New YorkTimeshard. Thats why we started the Times of Israel ten years ago - to provide discerning readers like you with must-read coverage of Israel and the Jewish world. Sulzberger was stunned when he'd heard that Don Graham, a longtime friend and head of the family that owned the Washington Post, sold the paper to Amazon founder Jeff Bezos, according to. [16] On his first day as publisher, Sulzberger wrote an essay noting that he was taking over in a "period of exciting innovation and growth", but also a "period of profound challenge". Ochs himself turned the struggling New York Times into the gold. Golden, is an economist seeking a Ph.D. at the University of Chicago.