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sulzberger family companies

However, he has said that people still tend to regard him as Jewish due to his last name. The succession issue supplies the book with an air of suspense that lasts right up to the final chapter. The most famous member of the family outside of media is a cousin, Arthur Golden, who wrote the best-selling novel Memoirs of a Geisha. Does it matter that the paper used to be conservative and is now liberal? [39][40], He has said that an independent press "is not a liberal ideal or a progressive ideal or a Democratic ideal. The emmigration from Germany - sulzbergerfamily Family That Owns The New York Times Reportedly Had Slaves, Supported His paternal grandfather, Arthur Ochs Sulzberger, was Jewish, and the rest of his family is of Christian background (Episcopalian and Congregationalist). He was raised in his mother's Episcopalian faith; however, he no longer observes any religion.[5]. 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. Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? 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. [9] He became a national correspondent,[10] heading the Kansas City bureau and covering the Midwest region. All rights reserved. At the start, he committed the Times to a journalistic program of conservatism, thoroughness, and decency that provided the blueprint for its eventual success. New York Times names A.G. Sulzberger as new publisher 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? 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. (Shes also committed to maintaining the historical The family settled in Tennessee, and Ochs rose to be publisher of the Chattanooga Times. His son, 37-year-old Arthur Gregg (A.G.) Sulzberger, will succeed him. Becoming deputy publisher made one the heir apparent to The New York Times throne. How old is Arthur Ochs Sulzberger Jr.? [6], 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. Sulzberger Family Trustee Company Limited So now we have a request. It's easy to be misled by the Times's recent greatness into thinking that it was always so. [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. A. G. Sulzberger | The New York Times Company [6] In 1974, he received a Bachelor of Arts degree in political science from Tufts University. Among the witnesses was Arthur's father,. Married to Orvil Eugene DRYFOOS. Sulzberger Will Shows Heirs Want to Sell his New York Times Stock So who are these other, potentially eccentric Sulzbergers? On this Wikipedia the language links are at the top of the page across from the article title. Sometimes that focus sheds light on how decisions are really made at the top. 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. 97-page "innovation report" about how the Times needed to become a digital-first company. Armstrong told the Times that even the Sulzbergers were partially inspiration for the Roys. and the best executive editor in the business, I depart knowing the best is yet to come.. 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. Meredith had big shoes to fill, but she expressed confidence in her ability. Sulzberger Family Place Sells for $10.25 million on Central Park West In high school he went on a trip to Israel that left him slightly intrigued by his background, Jones and Tifft wrote. The real change agents in American journalism are usually people like the self-titled SOB Allen Neuharth of Gannett, the founder of USA TODAY, who are not even trying to uphold the standards embraced by the Times. Early life and education [ edit] Sulzberger was born in Washington, D.C., on August 5, 1980, to Gail Gregg and Arthur Ochs Sulzberger Jr. 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. Should he have? [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. [That section indicates A.G. Sulzberger was paid $8,112,955 for his work in 2019, 2020, and 2021. Sulzberger introduced Gonzalez to colleagues at the paper and to members of the Ochs-Sulzberger family, which controls the New York Times Company. The Sulzberger family ownsThe New York Timesthrough The New York Times Company. The New York Times Company records. The authors must surely have known that. Not so with the publishers of The New York Times--for one thing, they tend to stay in power a long time. The paper sold for a penny. 1 Sponsored by Forbes Advisor Best pet insurance of 2023. Arthur Gregg Sulzberger, son of the current publisher, helped put together the internal Innovation Report, which outlined the challenges facing the paper. When Elisabeth Finch met Jennifer Beyer in 2019, the two women forged a fiercely loyal friendship, and eventually got married. If so, please join The Times of Israel Community. In this way, the position is different from that of heads of other media operations, where the founding family has given way to outside directors and has sold its stock to the public. Family tree of Arthur Ochs SULZBERGER JR. - Geneastar Ochs initiated the family's ownership of the Times after he bought the paper in 1893. Tell us a little bit about that, and what effect you think it has on how this great paper can comport itself in the world. Sulzberger, trained since childhood for this job, swiftly deflected: Theres a lot behind that question. 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 . The rest of us can buy NYT stock (which recently traded near its 52-week high), but we can't fire the publisher. Married: 1946. 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. [16][20] In that role, he was part of the group that outlined the Times' plan to double the news outlet's digital revenue by 2020 and increase collaboration between departments,[2][21] dubbed "Our Path Forward". 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? The familial exchange of power wasn't unexpected. SULZBERGER REALTY PTY. LTD. Company Profile | HELENSVALE, QUEENSLAND Why the Sulzberger family should sell the New York Times | Fortune Law Office of Sulzberger & Sulzberger is ready to help you with all of your estate planning, estate and trust administration and wealth transfer matters. sulzberger family net worth sulzberger family net worth Today, the Ochs-Sulzberger family, through several trusts, notably the Ochs-Sulzberger Trust, controls about 91 percent of the stock that elects 70 percent of the company's board members. The revelations that have leaked from Prince Harrys memoir, Monica Lewinsky: 25 Randoms on the 25th Anniversary of the Bill Clinton Calamity. This collection does not contain images used to illustrate stories in the paper. 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 Sulzberger family: A complicated Jewish legacy at The New York Times", "A.G. Sulzberger, 37, to Take Over as New York Times Publisher", "A.G. Sulzberger: Leading Change at The New York Times as Journalism Evolves", "Sulzberger didn't back down in Narragansett confrontation", "A.G. Sulzberger, New York Times' publisher and former Oregonian reporter, talks journalism in the digital age", "A.G. Sulzberger to assume publisher role at New York Times on Jan. 1", "Leadership of New York Times passes to next-generation Sulzberger", "New York Times Publisher Arthur O. Sulzberger, Jr. to Retire at Year's End; A.G. Sulzberger Named Publisher", "For Kodachrome Fans, Road Ends at Photo Lab in Kansas", "The leaked New York Times innovation report is one of the key documents of this media age", "The New Tork Times Claws Its Way Into the Future", "How A.G. Sulzberger Is Leading the New York Times Into the Future", "A.G. Sulzberger Vanquishes His Cousins, Becomes Deputy Publisher of the New York Times", "Exclusive: New York Times Internal Report Painted Dire Digital Picture", "Arthur Gregg Sulzberger Named Associate Editor", "New York Times Names A.G. Sulzberger Deputy Publisher", "This is The New York Times' digital path forward", "A.G. Sulzberger Vanquishes Cousins, Becomes Deputy Publisher of New York Times", "The Heirs: A Three-Way, Mostly Civilized Family Contest to Become the Next Publisher of The Times", "New York Times Names A.G. Sulzberger, 37, Its Next Publisher", "On Trust and Transparency: A.G. Sulzberger, Our New Publisher, Answers Readers' Questions", "New York Times chairman retires after 23 years leading the board", "NYT publisher disputes Trump's retelling of off-the-record conversation", "New York Times publisher A.G. Sulzberger chides President Donald Trump over 'fake news' claims", "New York Times publisher says he chided Trump not to call press the enemy", "NYT publisher A.G. Sulzberger says an independent press is an 'American ideal', "Knight Media Forum 2020 A.G. Sulzberger", https://en.wikipedia.org/w/index.php?title=A._G._Sulzberger&oldid=1138150552, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, The New York Times Syndicate & News Service, This page was last edited on 8 February 2023, at 08:16. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. Before A.G. became chairperson, he faced competition for the role of deputy publisher from his cousins Sam Dolnick and David Perch. And that family history lives on. For this book, they certainly did their homework. Reuters commitment to independence threatened its merger with Thomson, Is Night Court a real thing? (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. Could Sulzberger Stupidity Cause NYT Collapse? | Newsbusters Publisher A.G. Sulzberger is the sixth member of the Ochs-Sulzberger family to lead the paper. 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. Nevertheless, she was reluctant to join the paper after it offered her the top position in advertising. 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.. For comparison's stake, the entire Ochs-Sulzberger family, including the newspaper's publisher, Arthur Ochs Sulzberger Jr., and all the trusts he and his cousins control, own a stake amounting to a mere 11 percent, according to the proxy statement. Both the Sulzberger and Graham families, which own controlling interests in their companies, have safeguarded quality journalism with the dynastic succession. In 1961, Arthur Hays Sulzberger stepped down as publisher, three years after having suffered a stroke, giving the position to his son-in-law Orvil Dryfoos. [6] Despite threats from the club to withdraw their advertising if the story ran, the Journal published Sulzberger's story. Ochs-Sulzberger Heirs Campaign Against Nepotism Among Chasidic Jews Sulzberger, a Reform Jew, was an outspoken anti-Zionist at a time when the Reform movement was still debating the issue. In 1929, the explorer Admiral Richard Evelyn Byrd named one of the glacial peaks in Antarctica after them, Marujupu Peak, not far from Ochs Glacier and Mount Iphigene. 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. Golden, is an economist seeking a Ph.D. at the University of Chicago. The Trust: The Private and Powerful Family Behind The New York Times, by Susan E. Tifft and Alex S. Jones. What have I observed and learned in the quarter century since? [3] He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. 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. Bay Harbor Islands Law Firm, Law Office of Sulzberger & Sulzberger | Home He is of German ancestry. The broadcaster faces an uncertain future, Who owns Nespresso? Arthur Sulzberger Net Worth (2023) | wallmine It was Punch who made the key decision to open the family and newspaper archives to the authors. 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. Ben Dolnick, the 26-year-old son of Lynn Dolnick, Michael Goldens Does it make sense for the newspaper to entrust its fate to 13 unaccountable millionaires who acquired their money and influence through birth? Thread by @SamoBurja on Thread Reader App - Thread Reader App The Sulzbergers are far from the only media family in America to pass their legacy down the generations. In a 2001 article for The Times, former Executive Editor Max Frankel wrote that the paper, like many other media outlets at the time, fell in line with US government policy that downplayed the plight of Jewish victims and refugees, but that the views of the publisher also played a significant role. Because of the responsibility the Sulzberger family feels to maintain journalism's highest standards, the head of the Times is not even free to make as much money as possible. The occasion was a special anniversary for The New York Times, the nation's pre-eminent bastion of serious journalism. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. 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. In September 1857, the paper becameThe New-York Times(the hyphen dropped in 1896). Arthur Ochs Sulzberger, byname Punch, (born February 5, 1926, New York City, New York, U.S.died September 29, 2012, Southampton, New York), American newspaper publisher who led The New York Times through an era in which many innovations in production and editorial management were introduced. 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. In 2015, Carlos exercised warrants that gave him a nearly 17% stake in the company. Advertisements. 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.. Divorced: 1965. Incorrect password. The 2008 financial crisis hit The New YorkTimeshard. He thought they needed no state or political and social institutions of their own. 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.

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