The New York Times Company announced on Wednesday that Arthur O. Sulzberger Jr. will retire as the chairman and as an active member of its board of directors on Dec. 31, completing a. 15 million digital subscribers is a wildly ambitious target, which the paper might achieve if Donald Trump becomes president again. Not so with the publishers of The New York Times--for one thing, they tend to stay in power a long time. 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). As publisher, chairman, and CEO, Punch was selected by a self-perpetuating, private, secretive body. Although few outsiders could have picked Punch Sulzberger from among the hundreds of politicians, society figures, business executives, and journalists at the Met that night, almost all would recognize the name of his newspaper. [2][29], On December 14, 2017, it was announced that Sulzberger would take over as publisher on January 1, 2018. The New York Timesis based in New York but read worldwide; its ranked 18th by circulation. Ruth 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. Revised several times, the Sulzberger trust now states that the power and money are held principally by the 13 cousins in Arthur, Jr.'s generation. 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.. The . See: Bloch-Sulzberger disease, syndrome, Sulzberger-Garbe disease, Sulzberger-Garbe syndrome. Critics said the newspaper failed to give adequate coverage to Nazi atrocities committed against Jews, a charge that The Times later owned up to. But as Beyer would soon realize, Finchs past wasnt what she claimedand Beyers own difficult history was up for the taking. 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 Ochs-Sulzberger family's reported connection to slavery and the Confederacy is linked to Adolph Ochs and his mother Bertha Levy Ochs, according to the New York Post. By the end of the book, he looms even larger than the founder, and he dwarfs Arthur, Jr. Ms. Van Dyck was the chief operating officer for Reality Labs at Meta Platforms, Inc. (formerly Facebook, Inc.) from 2020 to 2022. 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 Sulzberger family owns The New York Times through The New York Times Company. However, by the time George Jones passed in 1891, The New YorkTimeshad recovered its readership and revenue. He and his wife had a single child, a daughter. The rest of us can buy NYT stock (which recently traded near its 52-week high), but we can't fire the publisher. [2], Sulzberger's mother was of mostly English and Scottish origin and his father was of German Jewish origin (both Ashkenazic and Sephardic). He committed to holding the Times "to the highest standards of independence, rigor, and fairness".[31]. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Earlier, they collaborated on a big history of another journalistic dynasty--the Binghams of Louisville. 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. At the vortex of the evening's power and prestige stood a tuxedoed man, chairman of the New York Times Company and the museum's board, a man who, for all his status, was unfamiliar to most Americans--Arthur Ochs Sulzberger, known since childhood as "Punch.". Unmasking the unethical business practices of the fashion brand, Is Telekinesis real? Pleasant Avenue . 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. "[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. The NYT scion, 69, reportedly worth around $16 million, filed for . 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. Dryfoos died two years later from heart failure, so his brother-in-law Arthur Punch Ochs Sulzberger took over. Today the familys Jewish ties are less apparent than they were in the past. 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.. Also look at the related clues for crossword clues with similar answers to "Media company led by the Sulzberger family" Recent clues. 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 registering you agree to the terms and conditions. Meredith has probably overachieved during her short reign as CEO. 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 setting was the Metropolitan Museum of Art in New York, the nation's pre-eminent bastion of high art. But they are deeply devoted to this place, and the three of us are committed to continuing to work as a team.. Judith Peixotto SULZBERGER. 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. Newhouse family - Forbes Arthur Ochs Sulzberger, Jr.'s Net Worth Probably, 2020 is the busiest year for Arthur Ochs Sulzberger, Jr.. A.G. Sulzberger is best known for heading a team that in 2014 put together a 96-page innovation report that meant to prod The Times into moving more rapidly in catching up with the new digital media landscape. Divorced: 1965. Charles Ransom Miller raised enough money to purchase the paper. He was the youngest of four children and was affectionately called "Punch" by family and friends, having . [That section indicates A.G. Sulzberger was paid $8,112,955 for his work in 2019, 2020, and 2021. Family. ", "The New York Times Company Biography for A.G. Sulzberger", "Gabrielle Greene and Arthur Sulzberger Jr. The revelations that have leaked from Prince Harrys memoir, Monica Lewinsky: 25 Randoms on the 25th Anniversary of the Bill Clinton Calamity. Don't overpay for pet insurance. 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. shopper. Arthur Ochs Sulzberger, who died in 2012, identified as nominally Jewish, although not at all religious. He was much more comfortable with his Judaism than his father, wrote former Times religion reporter Ari Goldman. 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. Please try again or choose an option below. Married to HOLMBERG. 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 authors keep a consistent focus on the family. He was raised in his mother's Episcopalian faith; however, he no longer observes any religion.[5]. After Ochss death, his son-in-law, Arthur Hays Sulzberger, took over the reins at The Times. 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. I asked people for advice, and just the sentiment was that it was a great journalism company, but maybe the best days of its business were behind it,she toldThe New York Times. Quinn-Hopping Funeral Home 145 E. Mt. It's an American ideal. families like the Murdochs, the Trumps, and the Redstones, who helped run a DJ-training school called Scratch DJ Academy. There would be no special attention, no special sensitivity, no special pleading, Leff wrote. [35] A.G. Sulzberger became the chairman of The New York Times Company on January 1, 2021. Another problem stems from the fact that any book about the Times will certainly be read by journalists and reviewed by journalists. 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. in a band called the Mysterious Case of Jake Barnes with cousin Dave Arthur Ochs Sulzberger was born February 5, 1926, in the city of New York. Both the Sulzberger and Graham families, which own controlling interests in their companies, have safeguarded quality journalism with the dynastic succession. . "[36][37][38] Sulzberger met with President Trump in the Oval Office again on January 31, 2019, for an on-the-record interview with Times reporters Peter Baker and Maggie Haberman. This was about 45% of all the recorded Sulzberger's in the UK. The 2008 financial crisis hit The New YorkTimeshard. Sulzbergers niece, is a fashion writer, stylist, and personal He believed strongly and publicly that Judaism was a religion, not a race or nationality that Jews should be separate only in the way they worshiped, Frankel wrote. 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. . 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. 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. Curtis Yarvin and the rising right are crafting a different strain of conservative politics. [8], Sulzberger remained chairman of Times board until December 31, 2020, when he passed that position to his son as well.[9]. But as fun and fascinating as some of these extra-credit Sulzbergers may be, its very likely that it was Sulzberger Jr. himself who inspired Armstrong to dig into this other brand of New York dynastic power. Under Joness leadership, the paper became increasingly Republican-leaning, especially after its damning expos of the citys Democratic Party leader William Tweed. The Sulzberger family: A complicated Jewish legacy at the New York Times. As widely expected, A.G. became deputy publisher and later, board chairperson. From an early age, Sulzberger children are taught to value their role as stewards of the paper and servants to the public good. The most Sulzberger families were found in the USA in 1920. His son, 37-year-old Arthur Gregg (A.G.) Sulzberger, will succeed him. We learn about the paper's metropolitan coverage or its foreign reporting, for example, only when a family member takes a turn at it. 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 . Sulzberger was born in Mount Kisco, New York, to Barbara Winslow and Arthur Ochs "Punch" Sulzberger Sr. Karen Alden Sulzberger . 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. 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. Sulzberger and his first cousin, Vice Chairman Michael Golden, ousted Robinson from her job last month, according to the report, citing a person familiar with the situation. And that family history lives on. At the Washington Post, family. It was not the biggest newspaper in New York and certainly not the best written. The Ochs-Sulzberger Family Trust owns basically all Class B shares. We all have more of a stake in what The New York Times does than in what a potato chip manufacturer does. Kopit became CEO during a once-in-a-century pandemic that cut the papers revenue by more than half. Not surprisingly, neither Sulzberger nor the family members on the board were interested in ceding control of the company. Berkeley, Sulzberger Jr. spoke to Orville Schell, then the dean of the Graduate School of Journalism, in front of a large audience. Theyre not MAGA. In January 2009, Slim loaned The New YorkTimes$250 million. Meanwhile, Dan Cohens son Alex, a student at NYU, plays drums 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? [7], Sulzberger began writing for the New York Times as a metro reporter in February 2009,[8] which published his first article on March2. Armstrongs long road to showrunner began with a film script he wrote more than a decade ago called Murdoch, and it was the tabloid-friendly, nouveau riche families like the Murdochs, the Trumps, and the Redstones that inspired Successions clan of striving and conniving Roys. Sulzberger . 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.. In retaliation, an angry Sulzberger pulled the family's personal holdings, approximately $200 million in New York Times stock, from an account at Morgan Stanley. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. On this Wikipedia the language links are at the top of the page across from the article title. Robinson also. local paper.) 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. Hays Golden, son of Arthur 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. Check out our website to get your 3-Month Emergency Food Kit and learn about our full product line of survival and preparedness gear. (His nickname, Pinch, is a diminutive of the nickname of his father and predecessor, Arthur Ochs Punch Sulzberger Sr.). 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. To revist this article, visit My Profile, then View saved stories. The retailers demise explained, Is UNICEF a good charity? Back in 2002 at U.C. 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. 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. Reuters commitment to independence threatened its merger with Thomson, Who owns BBC? He moved to New York as a metro reporter in 1981, and was appointed assistant metro editor later that year. The demand for news increased due to the BLM movement and the Presidential campaign. Victoria Dryfoos, daughter of The paper sold for a penny. It always felt different from Virginias local dailies, she said. Golden, is an economist seeking a Ph.D. at the University of Chicago. The New York Times now runs primarily via a subscription-based model, where digital subscriptions contributed over $426 . 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. Sometimes that focus sheds light on how decisions are really made at the top. The Sulzberger family name was found in the USA, the UK, and Scotland between 1880 and 1920. But in this era of dwindling journalistic revenue, the major old media families like the Grahams (of Washington Post/The Post fame), the Bancrofts (the Wall Street Journal), the Chandlers (the Los Angeles Times), and the Taylors (the Boston Globe) have all left the business, leaving only the Sulzbergers holding on. Scene Stealer: The True Lies of Elisabeth Finch, Part 2. The familial exchange of power wasn't unexpected. 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. Act now and get $200 worth of FREE Survival Gear. Schedule a free consultation at our Bay Harbor Islands office by calling (305) 865-8631 or by contacting us online. 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. If so, please join The Times of Israel Community. A year later, Sulzberger was named deputy publisher, overseeing the news and business departments. The authors seem not terribly curious about the questions raised by the newspaper's success. [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. 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 . But even so, Sulzberger Jr.s bad reputation is barely a blip compared to other media moguls. [18][19] The couple have two children: a son, Arthur Gregg Sulzberger, and a daughter, Annie Sulzberger. Even so, there is much to enjoy in this family and institutional tale, beginning with the dynastic founder, Adolph Ochs, the son of Jewish immigrants from Furth, Germany. Golden (making it the unofficial Ochs-Sulzberger house band). The broadcaster faces an uncertain future, Who owns Nespresso? It enjoyed early success because it targeted an intellectual readership. Katie, lives in Marthas Vineyard and has sought to promote awareness In assessing the performance of the Sulzbergers' newspaper, the authors frequently pull their punches. Sulzberger played a central role in the development of the Times Square Business Improvement District, officially launched in January 1992, serving as the first chairman of that civic organization. The name of the family trust, Marujupu, is comprised of the names of the four children of the late matriarch Iphigene Ochs Sulzberger: Marian, Ruth, Judy, and Punch. Genealogy for Arthur Ochs Sulzberger (1926 - 2012) family tree on Geni, with over 230 million profiles of ancestors and living relatives. 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. The party was a celebration of the day one century earlier when Punch's grandfather, Adolph Ochs, bought the floundering (and then-hyphenated) New-York Times and began the long, steady campaign to turn it into the best newspaper in the country. According to a 2008 report in New York magazine, that training begins at a very young age: [The] clan starts going to family meetings when theyre 10 years old and by 15 they understand their roles as caretakers of the New York Times. It takes just a few seconds. blog. From 1983 to 1987, Sulzberger worked in a variety of business departments, including production and corporate planning. VP, Gen. Looking for more? There are obvious comparisons to be made to the Rockefellers or the Kennedys in the dynasty field, but the authors never get there. But dig even a little bit into the Sulzberger legacy and youll find even more cause for celebration. Sulzberger, a Reform Jew, was an outspoken anti-Zionist at a time when the Reform movement was still debating the issue. Meredith had big shoes to fill, but she expressed confidence in her ability. Though Logan is often pitched as a villain of Succession, whats been true, generally, in American culture is that were inclined to be much friendlier to self-made kings like Logan Roy than we are to those, like the Pierces and the Sulzbergers, who inherited their wealth. He is a fifth-generation descendant of Adolph S. Ochs, who bought the newspaper in 1896 as it was facing bankruptcy. 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. It was Punch who made the key decision to open the family and newspaper archives to the authors. 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. A fifth-generation descendant of Ochs-Sulzberger, Arthur Gregg (A.G.) Sulzberger, its CEO is soft-spoken and measured. Unlock Case Solution. The owners drew criticism for the way the paper covered Jewish affairs, particularly the Holocaust. Palin Can Suck A Dick And Leave Us All Alone.. Best known for heading the team that produced The Times's "innovation report" in 2014, A. G. Sulzberger will be the sixth member of the Ochs-Sulzberger family to serve as publisher since its . The New York Times' major individual shareholder is the Sulzberger family, owning it for several generations. A.G. Sulzberger is chairman of The New York Times Company and publisher of The New York Times.