On this Wikipedia the language links are at the top of the page across from the article title. We all have more of a stake in what The New York Times does than in what a potato chip manufacturer does. Sulzberger is a 1985 graduate of the Harvard Business School's program for management development. 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. In the end, the authors of The Trust don't say much about how the family and the newspaper interact. I assume that I am not spoiling the plot by revealing that the book ends with the installation in 1997 of the Times's current publisher, Arthur Ochs Sulzberger, Jr.--who, at age 48, can be expected to lead the Times for quite some time. The family owns about a fifth of the paper and controls it via a special class of voting shares. [25] In 2018, he married Molly Messick.[5]. During Punch's 34-year tenure, there were eight different presidents of the United States, from Kennedy to Clinton, as well as hundreds of members of the House and Senate who came and went. Index of US Mainstream Media Ownership | The - Harvard University For as little as $6/month, you will: Were really pleased that youve read X Times of Israel articles in the past month. Little, Brown; 870 pages. But in season two, episode three, Hunting, a new kind of player enters the game. 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. 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. Indeed, A. G. Sulzberger owns a 1.3% of Class A stocks and 92% of Class B stocks. And that family history lives on. Arthur Hays Sulzberger had experienced anti-Semitism, and he was worried about his paper being perceived as too Jewish, Laurel Leff wrote in her 2005 book Buried by the Times: The Holocaust and Americas Most Important Newspaper.. ", "The New York Times Company Biography for A.G. Sulzberger", "Gabrielle Greene and Arthur Sulzberger Jr. Looking for more? A detailed investigation into the weight loss app, Is SHEIN bad? The Sulzberger family is a different clan from the Bancrofts, who were divided by trust funds and populated with restless socialites and horse enthusiasts whose hobbies required access to substantial funds. Sulzberger . archives.nypl.org -- New York Times Company records. Photographs 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. Let My Patriot Supply help you prepare for the worst. The Open Database Of The Corporate World. To learn more about the Sulzbergers, I highly recommend Mark Bowdens lengthy Vanity Fair profile, or, if you have even more time to spare, you can dive into all 870 pages of The Trust: The Private and Powerful Family Behind The New York Times, by Susan E. Tifft and Alex S. Jones. Meredith has probably overachieved during her short reign as CEO. His parents divorced when he was 5 years old. ofand provide income for Huichol families, a Native American group 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. 'I figured I'd give it a year': Arthur Sulzberger Jr on how the New We learn more, for example, about the Cohens and the Goldens and some other branches of the family than we need to. Sulzberger is a fifth-generation member of the Ochs-Sulzberger family and brings a deep appreciation of the values and societal contributions of The New York Times and the Company to his role as chairman and publisher of The New York Times. The family settled in Tennessee, and Ochs rose to be publisher of the Chattanooga Times. It takes just a few seconds. and the best executive editor in the business, I depart knowing the best is yet to come.. In 2015, Carlos exercised warrants that gave him a nearly 17% stake in the company. (Takes a family dynasty to know one?) Their secrecy is a result of intensive training on the weight and responsibility of what it means to be part of this particular family. He will assume the title chairman emeritus, the company said. Diane Baker, a former chief financial officer of the New York Times Company, described him as having the personality of a 24-year-old geek, and (gasp!) (photo credit: book cover), This March 2, 1973 file photo shows New York Times publisher Arthur Ochs Sulzberger in his office in New York. Married to Matthew ROSENSCHEIN, Jr. Theres also a one-day orientation session for kids turning 18 or 21or people marrying into the familyto learn about the legacy of the Ochs-Sulzbergers. Do we think Successions Tom had to attend Roy family orientation in order to marry Shiv? Schell continued: My question is, really, I mean, the New York Times is governed and held in a very unique way in corporate America. Kopit became CEO during a once-in-a-century pandemic that cut the papers revenue by more than half. Sulzberger graduated from the Browning School in New York City. For this book, they certainly did their homework. During the annual shareholders' meeting in April 2006, some investors including Morgan Stanley Investment Management (MSIM), who holds 28% of the company's stock altogether . Ms. Van Dyck was the chief operating officer for Reality Labs at Meta Platforms, Inc. (formerly Facebook, Inc.) from 2020 to 2022. Logan Roy announces his intention to acquire PGM, a media company owned by the Pierce family, which opens the door for Armstrong to aim his razor-sharp wit at what Logan calls those blue-blooded fucks of the old media world. That perception is largely because of the family and because of the familys Jewish name and Jewish roots, Goldman said, so whether theyre Jewish or not today, theres a feeling that this is still a newspaper with a heavy Jewish influence.. Theyre not QAnon. 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. The trust is run by a committee of eight family members. Married to Ben Hale GOLDEN. This is true of many big businesses, but what is interesting about the Times is that it has a "public trust" role that normal, profit-maximizing companies don't have. At the start, he committed the Times to a journalistic program of conservatism, thoroughness, and decency that provided the blueprint for its eventual success. . By the end of the book, he looms even larger than the founder, and he dwarfs Arthur, Jr. The number of answers is shown between brackets. As widely expected, A.G. became deputy publisher and later, board chairperson. Arthur Sulzberger Net Worth (2023) | wallmine 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. Ochs-Sulzberger Heirs Campaign Against Nepotism Among Chasidic Jews the Sulzbergers, is a variety of artists, musicians, academics, He moved to New York as a metro reporter in 1981, and was appointed assistant metro editor later that year. But in the early decades of the twentieth century, the Times was struggling. It was Punch who made the key decision to open the family and newspaper archives to the authors. In this case, the authors often tell us what Punch was thinking, feeling, or planning in a way that could only have come from him. Sulzberger met with President Donald Trump at the White House on July 20, 2018. [33] He became publisher on January 1, 2018,[34] succeeding his father Arthur Ochs Sulzberger Jr.,[25] although the elder Sulzberger remained chairman of The New York Times Company until the end of 2020. Arthur Ochs "Pinch"[1] Sulzberger Jr. (born September 22, 1951) is an American journalist. How old is Arthur Ochs Sulzberger Jr.? 3/n Palin Can Suck A Dick And Leave Us All Alone.. SEC filings state the trust's "primary objective" is that the Times continues "as an independent newspaper, entirely fearless, free of ulterior influence and unselfishly devoted to the public welfare". Ex-New York Times publisher Arthur Sulzberger Jr.'s divorce gets dirty Mark Thompson ushered The New York Timesinto the digital age: during his tenure, the papers digital readership jumped from 640,000 to more than five million subscribers. Family. For a brief moment, it looked like the Sulzberger name would depart the papers helm. 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.". [3] He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. 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. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Divorced: 1965. Dolnicks mother, Lynn Golden, is the great-great-granddaughter of Julius and Bertha Ochs, the parents of Adolph S. Ochs, and was married in a Chattanooga, Tennessee, synagogue named in their memory. The New York Times now runs primarily via a subscription-based model, where digital subscriptions contributed over $426 . The authors seem not terribly curious about the questions raised by the newspaper's success. The demand for news increased due to the BLM movement and the Presidential campaign. Arthur Ochs Sulzberger | American newspaper publisher What is the nature of the Times's power? It also can't really sell them. Young Iphigene was certainly bright enough and even tried to disguise herself to get a job on the newspaper, but she was deemed ineligible to inherit the newspaper because of her gender. The irresistible contrast between the Roy and Pierce families couldnt be clearer. Thirty-nine-year-old Arthur A.G. Sulzberger is the current publisher of the New York Times, and hes the fourth Arthur Sulzberger in the family to hold that position. A.G. Sulzberger is part of a generation at the paper that includes his cousins Sam Dolnick, who oversees digital and mobile initiatives, and David Perpich, a senior executive who heads its Wirecutter product review site. Sulzberger was born in Mount Kisco, New York, the son of Barbara Winslow (ne Grant) and Arthur Ochs "Punch" Sulzberger Sr., the grandson of Arthur Hays Sulzberger, and the great-grandson Adolph Ochs. local paper.) Frustratingly, though, the authors settle for chronicling the family's history and do little by way of interpreting it. 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. The authors also provide the most detailed explanation to date of the family's business arrangements. I warned that this inflammatory language is contributing to a rise in threats against journalists and will lead to violence. [9] He became a national correspondent,[10] heading the Kansas City bureau and covering the Midwest region. Newhouse family - Forbes Arthur Ochs Sulzberger, Jr.'s Net Worth Probably, 2020 is the busiest year for Arthur Ochs Sulzberger, Jr.. The Sulzberger family owns The New York Times through The New York Times Company. [2], Sulzberger's mother was of mostly English and Scottish origin and his father was of German Jewish origin (both Ashkenazic and Sephardic). Please try again or choose an option below. He also owns a Hudson Valley mansion in New Paltz. It's an American ideal. A. G. Sulzberger - Wikipedia shopper. Arthur Ochs Sulzberger, former New York Times publisher, dies at 86 Granted, the Times presents challenges to any author. By acquiring the Athletic and its 1.2 million subscribers, The New YorkTimessurpassed 10 million subscribers; its target is now 15 million subscribers. In a 2005 New Yorker profile about him also titled The Inheritance, famed Times writer and author of the definitive history of the Times, The Kingdom and the Power, Gay Talese told author __ Ken Auletta__ cooly, You get a bad king every once in a while.. The New York Times repaid his loan in 2011 but allowed Carlos to purchase shares via warrants expiring in January 2015. But as Beyer would soon realize, Finchs past wasnt what she claimedand Beyers own difficult history was up for the taking. Sulzberger Family Trustee Company Limited Law Office of Sulzberger & Sulzberger is ready to help you with all of your estate planning, estate and trust administration and wealth transfer matters. The Times was also quite conservative--both in its editorials and in its look. Arthur Sulzberger Net Worth, Biography, and Insider - InsiderTrades.com The Sulzbergers operate the Times under a family trust designed to prevent individual heirs from selling out. Staggering Hypocrisy of New York Times Exposed [11][12] The 2017 film Kodachrome, directed by Mark Raso, is based on his 2010 article about a rural community that became the last place to develop Kodachrome film. The 2008 financial crisis hit The New YorkTimeshard. flexes his editorial muscle on his Facebook page: Alex Thinks Sarah Not surprisingly, neither Sulzberger nor the family members on the board were interested in ceding control of the company. VP, Gen. His length of term was indeterminate, and the grounds and method of his removal were ambiguous. Thompson achieved his target of hitting $800 million in digital revenue by 2020. 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. Slims loan gave the company time to craft a revival strategy: it integrated digital and print newsrooms, sold the Boston Globe, implemented aggressive marketing campaigns, and created a working digital business model. 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. He went to great lengths to avoid having The Times branded a Jewish newspaper., As a result, wrote Frankel, Sulzbergers editorial page was cool to all measures that might have singled [Jews] out for rescue or even special attention., Though The Times wasnt the only paper to provide scant coverage of Nazi persecution of Jews, the fact that it did so had large implications, Alex Jones and Susan Tifft wrote in their 1999 book The Trust: The Private and Powerful Family Behind The New York Times.. 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. Golden (making it the unofficial Ochs-Sulzberger house band). [39][40], He has said that an independent press "is not a liberal ideal or a progressive ideal or a Democratic ideal. Armstrong told the Times that even the Sulzbergers were partially inspiration for the Roys. Oh, plenty. Reuters commitment to independence threatened its merger with Thomson, Who owns BBC? Ad Choices. Or alternatively, change is made by outsiders like Ted Turner, who created CNN and, with it, the 24-hour news cycle. Earlier, they collaborated on a big history of another journalistic dynasty--the Binghams of Louisville. 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. Becoming deputy publisher made one the heir apparent to The New York Times throne. 'He doesn't like bullies': The story of the 37-year-old who took over They are a tough crowd when it comes to a story with a happy ending. Meet the Sulzberger Crime Family - The Real History Channel NYT's Sulzberger Jr to retire as chairman by end of December It was not the biggest newspaper in New York and certainly not the best written. Ochs Sulzberger family members pressured NY Times management to restore Unlock Case Solution. 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 . [6] The club began admitting women a few months later. The Sulzbergers: Inside The Family That Controls The New York Times It enjoyed early success because it targeted an intellectual readership. The Sulzberger family ownsThe New York Timesthrough The New York Times Company. 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). Files for Divorce", The New York Times & 9/11: Arthur Ochs Sulzberger Jr. Interview (2001), https://en.wikipedia.org/w/index.php?title=Arthur_Ochs_Sulzberger_Jr.&oldid=1129708197, Tufts University School of Arts and Sciences alumni, Short description is different from Wikidata, Wikipedia pending changes protected pages, Pages using infobox person with multiple parents, Creative Commons Attribution-ShareAlike License 3.0, The New York Times Syndicate & News Service, This page was last edited on 26 December 2022, at 19:14. Advertisements. That access is one of the book's many virtues, but it also has a downside. [20][21], Sulzberger married Gabrielle Greene 2014, and the couple filed for divorce in 2020.[22][23][24]. The paper became more bi-partisan in the 1880s: it stopped supporting Republican Party candidates and became more analytical. People expected the paper to go bankrupt, but Mexican billionaire Carlos Slim Helu stepped in before that happened. (Shes also committed to maintaining the historical 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. [3] He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. Awards. I trust that such a puffball could not get past the Times's own editors, and I hope it stays that way--for whatever reason. London had the highest population of Sulzberger families in 1891. [7], Sulzberger began writing for the New York Times as a metro reporter in February 2009,[8] which published his first article on March2. As publisher, chairman, and CEO, Punch was selected by a self-perpetuating, private, secretive body. 97-page "innovation report" about how the Times needed to become a digital-first company. Arthur Ochs Sulzberger Jr. - Wikipedia Early life and education [ edit] Sulzberger was born in Washington, D.C., on August 5, 1980, to Gail Gregg and Arthur Ochs Sulzberger Jr. Get the latest business insights from Dun & Bradstreet. Who Owns The New York Times? - FourWeekMBA Arthur Ochs Sulzberger Jr. Bio, Age, Family, Wife, School, Salary, Net "[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. Check this off your list and sleep better at night knowing your family won't suffer when disaster strikes. (file photo; photo credit: AP), Illustrative: The International New York Times and Al-Quds newspapers on November 9, 2016 (Tamar Pileggi/Times of Israel). [32] Sulzberger has been the principal architect of the news outlet's digital transformation and has led its efforts to become a subscriber-first business. More seriously, the attention to the family makes this an uneven book as an institutional history of the Times. Scene Stealer: The True Lies of Elisabeth Finch, Part 2. What have I observed and learned in the quarter century since? Husband and wife, they somehow share a chair in journalism at Duke University, in Durham, North Carolina, while living in New York City. 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. Arthur Ochs "Pinch" Sulzberger Jr. (born September 22, 1951) is an American . Married to Andrew HEISKELL. integrity of lighthouses, according to a long letter she wrote to a This was about 45% of all the recorded Sulzberger's in the UK. Still, stories related to Jewish topics were carefully edited, said Goldman, who worked at the Times from 1973-1993. Those stories got a little more editorial attention, and Im not saying they were leaning one way or another, but the paper was conscious that it had this reputation and had this background and wanted to make sure that the stories were told fairly and wouldnt lead to charges of favoritism or of bending over backwards, he told JTA on Monday. The first known member of the family was Eleazar Sussman Sulzberger, c1600. Still, A.G. was favorite to take the position partly due to his last name and role in drafting the 2014 Innovation Report, a document outlining The New York Times digital strategies. Im sure we should exercise the option, but we look at it like a financial investment that has been very good., Then chief executive Mark Thompson said repurchasing of the shares was the best option for Carlos:We believe it is in the best interests of the company to continue to maintain a conservative balance sheet, and a prudent view on the allocation of free cash flow and this one-off repurchase program should not be viewed as a change of position about our capital allocation plans., Read Next: Who owns Reuters? 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 Sulzberger family: A complicated Jewish legacy at The New York In the same period, thousands of corporate executives got promoted, led the way to 7 or 10 or 15 quarters of profitability, then cashed in and passed from the American scene with hardly a trace. On the evening of June 26, 1996, there was a rare public display of the American Establishment. At the center is the legal trust that governs how the family manages its ownership. Sulzberger joined The New York Times in 1978 as a correspondent in the Washington, D.C. bureau. Family That Owns The New York Times Reportedly Had Slaves, Supported Arthur Ochs Sulzberger Jr. was raised in his mothers Episcopalian faith and later stopped practicing religion. 12 'Nepo Babies' of Big Business Helped by Family Connections Park Bo-gum was born on June 16, 1993. He was the youngest of four children and was affectionately called "Punch" by family and friends, having . Does it matter that the paper used to be conservative and is now liberal? In 1896, Ochs became publisher of The New-York Times in a classic American way: by bluffing and by using other people's money. Click the link in that email to complete registration so you can comment. 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. But the Sulzbergers, with their unprecedented run of media power and high-minded ideals about their own legacy, seem to be the real persons of interest to Armstrong and his Succession writers. That circumstance made them "arguably the most powerful blood-related dynasty in twentieth-century America," in the opinion of the family's latest historian-biographers Susan E. Tifft and Alex S. Jones. With editor Carr Van Anda, Adolph rebuilt The New York Timesreputation, eventually turning it into an international 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. One is the long shelf of books already written about the Times, by outsiders and insiders.