shopper. And Arthur Sulzberger Jr. owns 1.8% of Class A stocks and 92.2% of Class B stocks. 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. Let My Patriot Supply help you prepare for the worst. The trust is run by a committee of eight family members. Newhouse family - Forbes Arthur Ochs Sulzberger, Jr.'s Net Worth Probably, 2020 is the busiest year for Arthur Ochs Sulzberger, Jr.. But at other times, the approach has its drawbacks. He moved to New York as a metro reporter in 1981, and was appointed assistant metro editor later that year. His paternal grandfather, Arthur Ochs Sulzberger, was Jewish, and the rest of his family is of Christian background (Episcopalian and Congregationalist). Contact a reliable trusts and estates attorney in the Miami-Dade area. It also can't really sell them. Arthur Ochs Sulzberger Jr. was raised in his mothers Episcopalian faith and later stopped practicing religion. In the terminology of the newsroom, they fail to "back up the lead.". 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. Check out our website to get your 3-Month Emergency Food Kit and learn about our full product line of survival and preparedness gear. 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. 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. [25] In 2018, he married Molly Messick.[5]. Genealogy for Arthur Ochs Sulzberger (1926 - 2012) family tree on Geni, with over 230 million profiles of ancestors and living relatives. Arthur Ochs Sulzberger, Jr., is retiring as chairman of the New York Times Co. as of the end of this year, turning control of the family-controlled company that publishes the paper over to his son. The New York Times Company records. Dryfoos died two years later from heart failure, so his brother-in-law Arthur Punch Ochs Sulzberger took over. He thought they needed no state or political and social institutions of their own. [6] While there, he revealed that membership of the Narragansett Lions Club was not open to women. 97-page "innovation report" about how the Times needed to become a digital-first company. 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. It's easy to be misled by the Times's recent greatness into thinking that it was always so. Curtis Yarvin and the rising right are crafting a different strain of conservative politics. 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. 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. In 1896, Ochs became publisher of The New-York Times in a classic American way: by bluffing and by using other people's money. Schell continued: My question is, really, I mean, the New York Times is governed and held in a very unique way in corporate America. Died:2017. In 2005, a vicious profile in. 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. citing his family. Early life and education [ edit] Sulzberger was born in Washington, D.C., on August 5, 1980, to Gail Gregg and Arthur Ochs Sulzberger Jr. 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. The New York Times now runs primarily via a subscription-based model, where digital subscriptions contributed over $426 . Click the link in that email to complete registration so you can comment. Judith Peixotto SULZBERGER. Various Sulzbergers have left their mark, literally, on the world. Frustratingly, though, the authors settle for chronicling the family's history and do little by way of interpreting it. But Arthur Ochs Sulzberger Jr. still had some connections to his Jewish background. The irresistible contrast between the Roy and Pierce families couldnt be clearer. 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? I feel weve achieved everything we had hoped to achieve,Thompson said. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. (Takes a family dynasty to know one?) 1 Sponsored by Forbes Advisor Best pet insurance of 2023. In his 2009 piece on Sulzberger Jr. titled The Inheritance, Vanity Fair contributor Mark Bowden described the then-leader of the New York Times and heirs like him thusly: Even in middle age he seems costumed, a pretender draped in oversize clothes, a boy who has raided his fathers closet. Sounds a lot like Kendall Roy, too, if you ask me. 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. 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). Scene Stealer: The True Lies of Elisabeth Finch, Part 2. It was not the biggest newspaper in New York and certainly not the best written. 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. Law Office of Sulzberger & Sulzberger is ready to help you with all of your estate planning, estate and trust administration and wealth transfer matters. 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. Granted, the Times presents challenges to any author. Journalistically, the position is almost papal, in the sense that the best its holder can hope to do is to keep the institution going. New York Times. 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. "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. He and his wife, Gail Gregg, were married by a Presbyterian minister. 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. . Sulzberger was born in Washington, D.C., on August 5, 1980, to Gail Gregg and Arthur Ochs Sulzberger Jr. Armstrong told the Times that even the Sulzbergers were partially inspiration for the Roys. Rupert Murdoch Knees Trump in the Balls While Hes Doubled Over Coughing Up Blood, Scene Stealer: The True Lies of Elisabeth Finch, Part 1, Inside the New Right, Where Peter Thiel Is Placing His Biggest Bets. Wedding", "Ex-New York Times Publisher Arthur Sulzberger Jr. Meanwhile, Dan Cohens son Alex, a student at NYU, plays drums Meredith has probably overachieved during her short reign as CEO. 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 . We all have more of a stake in what The New York Times does than in what a potato chip manufacturer does. A.G. Sulzberger is chairman of The New York Times Company and publisher of The New York Times. [6] Despite threats from the club to withdraw their advertising if the story ran, the Journal published Sulzberger's story. 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!) Sometimes that focus sheds light on how decisions are really made at the top. The 2008 financial crisis hit The New YorkTimeshard. 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. 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. As publisher, he oversees the news outlet's journalism and business operations. [9] He became a national correspondent,[10] heading the Kansas City bureau and covering the Midwest region. The New York Timestargeted 10 million subscribers by 2025, a target its hit with three years to spare. 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. Compare the best options for 2023. After Ochss death, his son-in-law, Arthur Hays Sulzberger, took over the reins at The Times. In September 1857, the paper becameThe New-York Times(the hyphen dropped in 1896). Sulzberger joined The New York Times in 1978 as a correspondent in the Washington, D.C. bureau. "[42], Through his father, Sulzberger is a grandson of Arthur Ochs "Punch" Sulzberger Sr., great-grandson of Arthur Hays Sulzberger, and great-great-grandson of Adolph Ochs. In theory, at least, Arthur, Jr., could run the paper into the 2030s. People expected the paper to go bankrupt, but Mexican billionaire Carlos Slim Helu stepped in before that happened. DAVID GREENE, HOST: One family has owned and operated The New York Times since 1896. If they werent members of the Ochs/Sulzberger family, our competitors would be bombarding them with job offers, he said. Perpich, a grandson of Arthur Ochs Sulzberger, was married by a rabbi in 2008. The authors also provide the most detailed explanation to date of the family's business arrangements. But here is why the Sulzbergers and their ilk also make perfect fodder for Succession season twos rival clan. It's an American ideal. [2][3] At Brown, Sulzberger worked briefly for The Brown Daily Herald as a Contributing Writer. 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.". And with a dynamic new C.E.O. Today the familys Jewish ties are less apparent than they were in the past. [17], Sulzberger married Gail Gregg in 1975, and the couple divorced in 2008. Meredith Kopit Levien grew up in Richmond, Virginia, where she occasionally read The New YorkTimescourtesy of her New Yorker parents. Also look at the related clues for crossword clues with similar answers to "Media company led by the Sulzberger family" Recent clues. I know A. G. will not rest in his drive to empower our journalists and expand the scope of The Timess ambitions,Arthur said. As Ochs aged, the patriarch began to face up to the issue of succession. In these capacities, Sulzberger was involved in planning the Times's automated color printing and distribution facilities in Edison, New Jersey, and at College Point, Queens, New York, as well as the creation of the six-section color newspaper. 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. This was about 45% of all the recorded Sulzberger's in the UK. But that question of nondemocratic succession in ostensibly democratic America is exactly the subject Armstrong and his writers are eager to dig into. Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? families like the Murdochs, the Trumps, and the Redstones, who helped run a DJ-training school called Scratch DJ Academy. Palin Can Suck A Dick And Leave Us All Alone.. From 1983 to 1987, Sulzberger worked in a variety of business departments, including production and corporate planning. . Sulzberger graduated from the Browning School in New York City. The . (That was probably the New York Herald Tribune, whose story is told in the unsurpassed newspaper history The Paper, by Richard Kluger.) 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. At Meta, she previously served as chief marketing officer of AR/VR from 2017 to 2020, and . The Open Database Of The Corporate World. But as Beyer would soon realize, Finchs past wasnt what she claimedand Beyers own difficult history was up for the taking. Pitbull is a pal, Carbone is for dinner, and, Palace Insiders Say Prince William Is Already Furious About Prince Harrys Memoir Leaks, Prince Harry alleges Prince William attacked him over Meghan Markle in a new excerpt from, Prince Harry on Williams Hairline and Their Wicked Stepmother. 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". They are a tough crowd when it comes to a story with a happy ending. But investors in the other portion of the stock, led by. First of all, just to get it on the record, the family did go for talent. The audience erupted into laughter. 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 . A couple of years later, she became the chief operating officer, placing her in the prime position to succeed then-CEO Mark Thompson. 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.. 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.. 3/n The revelations that have leaked from Prince Harrys memoir, Monica Lewinsky: 25 Randoms on the 25th Anniversary of the Bill Clinton Calamity. Sign up for our daily Hollywood newsletter and never miss a story. Reuters commitment to independence threatened its merger with Thomson, Who owns BBC? But dig even a little bit into the Sulzberger legacy and youll find even more cause for celebration. And this week, the fifth generation takes on a leadership role. and the best executive editor in the business, I depart knowing the best is yet to come.. 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. Arthur Gregg Sulzberger, son of the current publisher, helped put together the internal Innovation Report, which outlined the challenges facing the paper. Married: 1946. Golden (making it the unofficial Ochs-Sulzberger house band). 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. Where did it come from? Katie, lives in Marthas Vineyard and has sought to promote awareness Simon bought a company that was losing money and transformed it into an internationally acclaimed daily. 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. Does it matter that the paper used to be conservative and is now liberal? The Times was also quite conservative--both in its editorials and in its look. Even the central claim--that the Sulzbergers might be the country's most powerful family over the past century--is stated but never argued. [4], Sulzberger's parents divorced when he was five years old. I warned that this inflammatory language is contributing to a rise in threats against journalists and will lead to violence. Among the witnesses was Arthur's father,. 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. 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. Divorced: 1965. But the family controls 70% of the board through a dual-class share structure. What is the nature of the Times's power? Consider their handling of "Punch" Sulzberger, who ran the paper from 1963 to 1997. Sulzberger, a Reform Jew, was an outspoken anti-Zionist at a time when the Reform movement was still debating the issue. The first known member of the family was Eleazar Sussman Sulzberger, c1600. In assessing the performance of the Sulzbergers' newspaper, the authors frequently pull their punches. The paper became more bi-partisan in the 1880s: it stopped supporting Republican Party candidates and became more analytical. 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. A.G. Sulzberger, a fifth-generation member of the Sulzberger family, had worked as a reporter at The Providence Journal and The . Sulzberger's mother was of mostly English and Scottish origin and his father was of Jewish origin (both Ashkenazic and Sephardic). For this book, they certainly did their homework. 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. David Perpich, the current publisher's. Married to Andrew HEISKELL. More seriously, the attention to the family makes this an uneven book as an institutional history of the Times. 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. But even so, Sulzberger Jr.s bad reputation is barely a blip compared to other media moguls. The Sulzbergers operate the Times under a family trust designed to prevent individual heirs from selling out. blog. Arthur Sulzberger handed the reins of The New York Times Company to his son Arthur Gregg Sulzberger on Thursday -- a long-expected moment of generational change for the family-controlled newspaper. Farlex Partner Medical Dictionary Farlex 2012 Want to thank TFD for its existence? local paper.) 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? Unmasking the unethical business practices of the fashion brand, Is Telekinesis real? In 2015, Carlos exercised warrants that gave him a nearly 17% stake in the company. Thank you, David Horovitz, Founding Editor of The Times of Israel, 2023 The Times of Israel , All Rights Reserved, Arthur Ochs Sulzberger Jr. speaking at The New York Times New Work Summit in Half Moon Bay, California, February 29, 2016. The authors seem not terribly curious about the questions raised by the newspaper's success. 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. 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. On this Wikipedia the language links are at the top of the page across from the article title. A.G. Sulzberger, the new deputy publisher . With editor Carr Van Anda, Adolph rebuilt The New York Timesreputation, eventually turning it into an international paper. A.G. Sulzberger is an American journalist and the publisher of The New York Times. This month, at 69, Arthur Sulzberger Jr will retire as company chairman, after decades of speculation that he would be the last Sulzberger to run the business. 15 million digital subscribers is a wildly ambitious target, which the paper might achieve if Donald Trump becomes president again.