He was the lead author of the 97-page report, which documented in "clinical detail" how the Times was losing ground to "nimbler competitors" and "called for revolutionary changes". However, he has said that people still tend to regard him as Jewish due to his last name. Sulzberger said in a statement that at the meeting, he "told the president directly that I thought that his [anti-press] language was not just divisive but increasingly dangerous. And that family history lives on. 20% of the New York Times Co. (NYT) is owned by the Sulzberger family. In 2005, a vicious profile in. ger ( slz'brg-r ), Marion B., U.S. dermatologist, 1895-1983.  In 2013, he was tapped by then-executive editor Jill Abramson to lead the team that produced the Times' Innovation Report, an internal assessment of the challenges facing the Times in the digital age. In 1896, Adolph Simon Ochs, the publisher of theChattanooga Times,purchased a controlling stake in the company. This collection does not contain images used to illustrate stories in the paper. Sulzberger was born in Mount Kisco, New York, to Barbara Winslow and Arthur Ochs "Punch" Sulzberger Sr. Karen Alden Sulzberger . Sulzberger also improved the paper's bottom line, pulling it and its parent company out of a tailspin in the mid-1970s and lifting both to unprecedented profitability a decade later. At today's prices, that's worth about $344 million. The irresistible contrast between the Roy and Pierce families couldnt be clearer. 15 million digital subscribers is a wildly ambitious target, which the paper might achieve if Donald Trump becomes president again. flexes his editorial muscle on his Facebook page: Alex Thinks Sarah The New York Times Company records. Thats because unlike the Hiltons, Trumps, Kennedys, Murdochs, Hearsts, Redstones, Kochs, and other moneyed families whose antics often land them in the tabloids, the Sulzbergers have studiously and steadfastly avoided public scrutiny. 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". A.G. Sulzberger speaks onstage at the Committee to Protect Journalists' 29th Annual International Press Freedom Awards on Nov. 21, 2019, in NYC/ Getty Images It's hard to think of any other important American company a public one at that with such a long line of family succession, but it's easy to imagine how the Times' social .  He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. . He thought they needed no state or political and social institutions of their own. 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 . However, by the time George Jones passed in 1891, The New YorkTimeshad recovered its readership and revenue. However, the paper remained afloat due to ever-rising subscribership. When Elisabeth Finch met Jennifer Beyer in 2019, the two women forged a fiercely loyal friendship, and eventually got married. He became the publisher of The New York Times in 1992, and chairman of The New York Times Company in 1997, succeeding his father, Arthur Ochs Sulzberger. A family friend told New York magazine that the Sulzbergers dedication to journalistic integrity is a noble, familial thing that courses through their veins, and anyone who strays from that gets slapped down pretty quickly.. The Ochs/Sulzberger family controls nine of the 13 seats on the company's board, through its ownership of separate voting-class stock. Assessing the truth behind the existence of the mind power, What happened to Kmart? Park Bo-gum was born on June 16, 1993. In other words, if Successions Pierce family works like the real-life Sulzbergers, then Logan Roy will need to get a family consensus before he can buy the company out from under them. Unmasking the unethical business practices of the fashion brand, Is Telekinesis real? Journalist and politician Henry Jarvis Raymond and George Jones foundedThe New York Timesas theNew-York Daily Timesin September 1851. 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. His parents divorced when he was 5 years old. (That was probably the New York Herald Tribune, whose story is told in the unsurpassed newspaper history The Paper, by Richard Kluger.) A year later, Sulzberger was named deputy publisher, overseeing the news and business departments. , Sulzberger worked as a reporter for The Oregonian newspaper in Portland from 2006 to 2009, writing more than 300 pieces about local government and public life, including a series of investigative exposs on misconduct by Multnomah County Sheriff Bernie Giusto. Arthur Ochs Sulzberger, 86, the former publisher who led The New York Times to new levels of influence, profit, and liberal politics died Saturday at his home in Southampton, N.Y., after a long bout with Parkinson's disease, his family announced. 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. A couple of years later, she became the chief operating officer, placing her in the prime position to succeed then-CEO Mark Thompson. Unlock Case Solution. The paper became more bi-partisan in the 1880s: it stopped supporting Republican Party candidates and became more analytical. NEW YORK CITY The children of the late New York Times publisher Arthur Ochs Sulzberger are moving quickly to sell stock he held in the Gray Lady's parent company, his will reveals.. Sulzberger . Ochs himself turned the struggling New York Times into the gold. Sulzberger . 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. The head of the Times does not have the power to shake things up very much. A.G. Sulzberger, a fifth-generation member of the Sulzberger family, had worked as a reporter at The Providence Journal and The . Armstrong told the Times that even the Sulzbergers were partially inspiration for the Roys. Once registered, youll receive our Daily Edition email for free. (The fictional Pierces own a paper called the New York Mail.) Their secrecy is a result of intensive training on the weight and responsibility of what it means to be part of this particular family. Or, if you prefer, you can just keep tuning in to Succession and keep up with their fictional counterparts: the Pierces. For a brief moment, it looked like the Sulzberger name would depart the papers helm. The succession issue supplies the book with an air of suspense that lasts right up to the final chapter. We learn about the paper's metropolitan coverage or its foreign reporting, for example, only when a family member takes a turn at it. . , He has said that an independent press "is not a liberal ideal or a progressive ideal or a Democratic ideal. Palin Can Suck A Dick And Leave Us All Alone.. Granted, the Times presents challenges to any author. , Sulzberger's mother was of mostly English and Scottish origin and his father was of German Jewish origin (both Ashkenazic and Sephardic). But the family controls 70% of the board through a dual-class share structure. The New York Timestargeted 10 million subscribers by 2025, a target its hit with three years to spare. In January 1987, Sulzberger was named assistant publisher. It's classified as follows: K641965 Trustee service , and the status of this company is Registered now. The current chairperson, A.G. Sulzberger, took over from his father, Arthur Ochs Sulzberger Jr., in early 2021. His length of term was indeterminate, and the grounds and method of his removal were ambiguous. 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. 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. The authors must surely have known that. Arthur Ochs Sulzberger was born February 5, 1926, in the city of New York. From 1983 to 1987, Sulzberger worked in a variety of business departments, including production and corporate planning. 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. The NYT scion, 69, reportedly worth around $16 million, filed for . The authors also provide the most detailed explanation to date of the family's business arrangements. The family owns about a fifth of the paper and controls it via a special class of voting shares. In their big, admiring new book The Trust, which is certain to stand as the definitive work on the subject for a good long while, they provide ample evidence for their claim. He was the youngest of four children and was affectionately called "Punch" by family and friends, having . Various Sulzbergers have left their mark, literally, on the world. Ben Dolnick, the 26-year-old son of Lynn Dolnick, Michael Goldens 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. What have I observed and learned in the quarter century since? The Times was also quite conservative--both in its editorials and in its look. local paper.) The Ochs-Sulzberger Family Trust owns basically all Class B shares. Indeed, A. G. Sulzberger owns a 1.3% of Class A stocks and 92% of Class B stocks. At the center is the legal trust that governs how the family manages its ownership. ofand provide income for Huichol families, a Native American group Sulzberger Jr. bought an Upper West Side penthouse for $4 million in 2011. Before A.G. became chairperson, he faced competition for the role of deputy publisher from his cousins Sam Dolnick and David Perch. Nevertheless, the critics havent affected its membership, with more people globally subscribing to the paper. Died:2017. With his arrival in the narrative, the authors of The Trust develop two of their major themes--the recurring crisis over finding a male family member to run the company and the sporadic significance of the family's Jewishness. In 1861, it started publishing a Sunday edition to give daily updates on the Civil War. Married to Orvil Eugene DRYFOOS. R. Anthony Benten, Sr. VP, Treasurer & Chief Accounting Officer Robert Denham, Independent Director Doreen Toben, Independent Director Brian McAndrews, Presiding Independent Director Rachel Glaser, Independent Director John Rogers, Independent Director Married: 1958. With a journalism operation of more than 2,000 people reporting from around the globe, The Times is the most influential and award-winning English-language news organization in the world. A move to support Democrat Grover Cleveland in his first presidential campaign lost the paper a significant chunk of Republican readers, leading to a loss of revenue. It always felt different from Virginias local dailies, she said. Pleasant Avenue . 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. Murdochs pursuit and acquisition of the Bancroft-owned Wall Street Journal in 2007 will almost certainly influence some of Succession this season. Arthur Gregg Sulzberger, son of the current publisher, helped put together the internal Innovation Report, which outlined the challenges facing the paper. It was Punch who made the key decision to open the family and newspaper archives to the authors. Arthur Ochs "Pinch" Sulzberger Jr. (born September 22, 1951) is an American . There are obvious comparisons to be made to the Rockefellers or the Kennedys in the dynasty field, but the authors never get there. People expected the paper to go bankrupt, but Mexican billionaire Carlos Slim Helu stepped in before that happened.  In October 2016, he was named deputy publisher, putting him in line to succeed his father as publisher. This website may also be used to share memories and condolences with the Sulzberger family. Among the witnesses was Arthur's father,. The New York Times repaid his loan in 2011 but allowed Carlos to purchase shares via warrants expiring in January 2015. 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 . " 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. But in the end, I love the place, and I love the mission.In two years, Meredith earned a promotion to chief revenue officer and executive vice president. Should he have? The Ochs-Sulzberger family is a great American family that has served our nation in war and peace since its founding. First of all, just to get it on the record, the family did go for talent. The audience erupted into laughter. 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. And Arthur Sulzberger Jr. owns 1.8% of Class A stocks and 92.2% of Class B stocks. DAVID GREENE, HOST: One family has owned and operated The New York Times since 1896. The familial exchange of power wasn't unexpected. A detailed investigation into the weight loss app, Is SHEIN bad? Meredith Kopit Levien grew up in Richmond, Virginia, where she occasionally read The New YorkTimescourtesy of her New Yorker parents. In January 2009, Slim loaned The New YorkTimes$250 million. (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. But at other times, the approach has its drawbacks. But they are deeply devoted to this place, and the three of us are committed to continuing to work as a team.. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. If family ownership has been central to the Times's success in its first 100 years, does it follow that family control will provide a kind of strength and stability that conventional corporate ownership would not? Adolph Simon Ochs bought The New York Times from Henry Jarvis Raymond and George Jones Adolph Simon Ochs Their situation could well have been inspiration for the one Roy family employee Gerri Kellman describes in episode three when she asks if some of the young cousins in the Pierce family want yacht money.. From an early age, Sulzberger children are taught to value their role as stewards of the paper and servants to the public good. With editor Carr Van Anda, Adolph rebuilt The New York Timesreputation, eventually turning it into an international paper. , Sulzberger married Gail Gregg in 1975, and the couple divorced in 2008. Oh, plenty. Its been around for two decades shy of two centuries, winning more Pulitzer Prizes of any newspaper. . But that question of nondemocratic succession in ostensibly democratic America is exactly the subject Armstrong and his writers are eager to dig into. Nevertheless, she was reluctant to join the paper after it offered her the top position in advertising. More seriously, the attention to the family makes this an uneven book as an institutional history of the Times. This is a remarkable family business book. I warned that this inflammatory language is contributing to a rise in threats against journalists and will lead to violence. , After being encouraged by Brown journalism professor Tracy Breton to apply, he interned at The Providence Journal from 2004 to 2006, working from the paper's office in Wakefield. 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. Ms. Van Dyck was the chief operating officer for Reality Labs at Meta Platforms, Inc. (formerly Facebook, Inc.) from 2020 to 2022. 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. There would be no special attention, no special sensitivity, no special pleading, Leff wrote. Compare the best options for 2023. 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. 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. It's also a situation where you can prepare yourself for the calling, but it's considered unseemly to campaign for it. Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? The Sulzbergers operate the Times under a family trust designed to prevent individual heirs from selling out. It should be noted that members of the Bancroft clan said in 2011 that they regretted selling their familys paper off, though theres an argument to be made that Murdoch was actually the best thing that could have happened to that 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. Had NYT highlighted Nazi horrors, US 'might have awakened', Were really pleased that youve read, Please use the following structure: email@example.com, Send me The Times of Israel Daily Edition.