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ofand provide income for Huichol families, a Native American group The familial exchange of power wasnt unexpected. Today the familys Jewish ties are less apparent than they were in the past. I feel weve achieved everything we had hoped to achieve,Thompson said. Assessing the truth behind the existence of the mind power, What happened to Kmart? [2][3] At Brown, Sulzberger worked briefly for The Brown Daily Herald as a Contributing Writer. Does it make sense for the newspaper to entrust its fate to 13 unaccountable millionaires who acquired their money and influence through birth? A new general-assignment reporter named A. G. Sulzberger was banging around the city, writing about a Third Avenue flop house upstairs from J. G. Melon, a high-end burger joint; about the maiden . 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. Counsel & Corp. Sec. In 1861, it started publishing a Sunday edition to give daily updates on the Civil War. While criticism from the Jewish community under his tenure was less harsh than during his grandfathers time, many, particularly on the right, still saw the newspaper as being biased against Israel. What is the nature of the Times's power? Rebecca Van Dyck has served as a member of the Board of Directors of The New York Times Company since 2015. The New York Timesis based in New York but read worldwide; its ranked 18th by circulation. Berkeley, Sulzberger Jr. spoke to Orville Schell, then the dean of the Graduate School of Journalism, in front of a large audience. 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. [That section indicates A.G. Sulzberger was paid $8,112,955 for his work in 2019, 2020, and 2021. 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. Golden (making it the unofficial Ochs-Sulzberger house band). 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. Check out our website to get your 3-Month Emergency Food Kit and learn about our full product line of survival and preparedness gear. citing his family. Don't overpay for pet insurance. Sulzberger joined The New York Times in 1978 as a correspondent in the Washington, D.C. bureau. (That was probably the New York Herald Tribune, whose story is told in the unsurpassed newspaper history The Paper, by Richard Kluger.) Despite being a national newspaper of record,The New York Timeshas faced criticism for allegedly leaning to the left side of politics. . But when it comes to the antics of their personal lives, the Sulzbergers play their cards impossibly close to the vest. (His nickname, Pinch, is a diminutive of the nickname of his father and predecessor, Arthur Ochs Punch Sulzberger Sr.). The setting was the Metropolitan Museum of Art in New York, the nation's pre-eminent bastion of high art. Carlos bought a 6.4% stake in The New York Times Company; however, it wasnt enough. 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. The New York Times repaid his loan in 2011 but allowed Carlos to purchase shares via warrants expiring in January 2015. [15][16][17] He was the lead author of the 97-page report,[11][15] which documented in "clinical detail" how the Times was losing ground to "nimbler competitors" and "called for revolutionary changes". Act now and get $200 worth of FREE Survival Gear. [3] He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. In 2015, Carlos exercised warrants that gave him a nearly 17% stake in the company. families like the Murdochs, the Trumps, and the Redstones, who helped run a DJ-training school called Scratch DJ Academy. The Ochs/Sulzberger family controls nine of the 13 seats on the company's board, through its ownership of separate voting-class stock. Journalistically, the position is almost papal, in the sense that the best its holder can hope to do is to keep the institution going. 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. 1 Sponsored by Forbes Advisor Best pet insurance of 2023. Inside Sheins controversial culture, Does Noom really work? First of all, just to get it on the record, the family did go for talent. The audience erupted into laughter. Jyoti Mann Big business "nepo babies" include, clockwise from top left, Delphine Arnault, David Lauren, Lachlan Murdoch, Shari Redstone, Eric Trump, and Donald Trump Jr. GETTY IMAGES A "nepo baby,". [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. At the Washington Post, family. 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. Already a member? As widely expected, A.G. became deputy publisher and later, board chairperson. For a brief moment, it looked like the Sulzberger name would depart the papers helm. The name of the family trust, Marujupu, is comprised of the names of the four children of the late matriarch Iphigene Ochs. The authors must surely have known that. From an early age, Sulzberger children are taught to value their role as stewards of the paper and servants to the public good. In a "Note on Sources," Tifft and Jones state that most of their material came from interviews with members of the Ochs-Sulzberger clan. However, his reign as owner almost sankThe New York Times. 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? In 1896, Ochs became publisher of The New-York Times in a classic American way: by bluffing and by using other people's money. From 1983 to 1987, Sulzberger worked in a variety of business departments, including production and corporate planning. In 1891 there were 5 Sulzberger families living in London. 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. Arthur Ochs Sulzberger was born February 5, 1926, in the city of New York. Meredith Kopit Levien grew up in Richmond, Virginia, where she occasionally read The New YorkTimescourtesy of her New Yorker parents. It's also a situation where you can prepare yourself for the calling, but it's considered unseemly to campaign for it. The familys Jewish history Adolph Ochs was the child of German Jewish immigrants has often been the subject of fascination and scrutiny, especially during and after World War II, when the paper was accused of turning a blind eye to atrocities against Jews. Sometimes that focus sheds light on how decisions are really made at the top. The paper sold for a penny. Nevertheless, given its owners family history, its disproportionately large Jewish readership and its frequent coverage of Jewish preoccupations, The Times is often regarded as a Jewish newspaper often disparagingly so by anti-Semites. 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. [6] In 1974, he received a Bachelor of Arts degree in political science from Tufts University. But they are deeply devoted to this place, and the three of us are committed to continuing to work as a team.. The current chairperson, A.G. Sulzberger, took over from his father, Arthur Ochs Sulzberger Jr., in early 2021. A.G. Sulzberger is chairman of The New York Times Company and publisher of The New York Times. 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 New York Times Company records. But even so, Sulzberger Jr.s bad reputation is barely a blip compared to other media moguls. 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 2008 financial crisis hit The New YorkTimeshard. 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. The Sulzberger family ownsThe New York Timesthrough The New York Times Company. 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. [2][29], On December 14, 2017, it was announced that Sulzberger would take over as publisher on January 1, 2018. 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. 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. In 1896, Adolph Simon Ochs, the publisher of theChattanooga Times,purchased a controlling stake in the company. And if the Pierces are anything like the Sulzbergers, then theres plenty of material for the Succession writers to work with. 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. The . 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. 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.. The Open Database Of The Corporate World. 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. Nevertheless, she was reluctant to join the paper after it offered her the top position in advertising. TheNew York Timeseventually recovered a recovery made possible by Carloss investment. See "Compensation of Executive Officers" for a description of his compensation. 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. and the best executive editor in the business, I depart knowing the best is yet to come.. If A.G retires at the same age as his father, he will remain chairman of The New York Times Company for the next three decades. However, by the time George Jones passed in 1891, The New YorkTimeshad recovered its readership and revenue. He is of German ancestry. (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. 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. London had the highest population of Sulzberger families in 1891.

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