Sulzberger . [39][40], He has said that an independent press "is not a liberal ideal or a progressive ideal or a Democratic ideal. 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. Such questions go unexamined in The Trust. 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. Perpich, a grandson of Arthur Ochs Sulzberger, was married by a rabbi in 2008. Already a member? The Ochs-Sulzberger Family Trust owns basically all Class B shares. Sulzberger joined The New York Times in 1978 as a correspondent in the Washington, D.C. bureau. Judith Peixotto SULZBERGER. For this book, they certainly did their homework. 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 . 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. 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. Even the Bancroft familywhich sold the Wall Street Journal off to Rupert Murdoch in 2007was known to consist of some restless socialites and horse enthusiasts whose hobbies required access to substantial funds, as New York magazine put it in 2008. Wedding", "Ex-New York Times Publisher Arthur Sulzberger Jr. 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. The Sulzberger family has . In seven years of talking, they say they had "the same relationship any New York Times reporter would have with a cooperative subject: we had access, but with complete independence and no advance review of our work.". And at its heart, the story of the Times is a spectacular variant of the familiar tale of an immigrant family's rise to prominence. The occasion was a special anniversary for The New York Times, the nation's pre-eminent bastion of serious journalism. The 42 Best Romantic Comedies of All Time, The 25 Best Shows on Netflix to Watch Right Now, Inside Ivanka Trump and Jared Kushners Gilded Florida ParadiseFar From Donald Trump or 2024, Chaos lingers at the periphery, but the Trump-Kushner marriage is thriving in exile. "[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 family owns about a fifth of the paper and controls it via a special class of voting shares. Ad Choices. Nevertheless, she was reluctant to join the paper after it offered her the top position in advertising. Schedule a free consultation at our Bay Harbor Islands office by calling (305) 865-8631 or by contacting us online. A detailed investigation into the weight loss app, Is SHEIN bad? 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. in a band called the Mysterious Case of Jake Barnes with cousin Dave Act now and get $200 worth of FREE Survival Gear. Sulzberger was born in Mount Kisco, New York, one of two children of Barbara Winslow (ne Grant) and Arthur Ochs "Punch" Sulzberger Sr. [2] His sister is Karen Alden Sulzberger, who is married to author Eric Lax. 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. Digging into the history of many Arthur Sulzbergers running the New York Times, Schell began: You said the difference was that they [the North Korean Kim dynasty] were only two generations, and your family was four. Arthur jokingly cut in: I dont like where this is going one damn bit! 15 million digital subscribers is a wildly ambitious target, which the paper might achieve if Donald Trump becomes president again. The authors seem not terribly curious about the questions raised by the newspaper's success. The New York Times now runs primarily via a subscription-based model, where digital subscriptions contributed over $426 . Among the witnesses was Arthur's father,. The paper became more bi-partisan in the 1880s: it stopped supporting Republican Party candidates and became more analytical. By registering you agree to the terms and conditions. And this week, the fifth generation takes on a leadership role. A look back into the familys history shows why. 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 . The owners drew criticism for the way the paper covered Jewish affairs, particularly the Holocaust. The NYT scion, 69, reportedly worth around $16 million, filed for . 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,". Married to Andrew HEISKELL. Sulzberger was educated at private schools and, after service in the U.S. Marine Corps (1944-46 . Arthur Ochs "Pinch"[1] Sulzberger Jr. (born September 22, 1951) is an American journalist. Farlex Partner Medical Dictionary Farlex 2012 Want to thank TFD for its existence? Please try again or choose an option below. Rebecca Van Dyck has served as a member of the Board of Directors of The New York Times Company since 2015. 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. 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. ger ( slz'brg-r ), Marion B., U.S. dermatologist, 1895-1983. It was not the biggest newspaper in New York and certainly not the best written. [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. [That section indicates A.G. Sulzberger was paid $8,112,955 for his work in 2019, 2020, and 2021. 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. 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. Sarah Perpich, Davids 28-year-old sister and 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.. Theyre not MAGA. The New York Timesis based in New York but read worldwide; its ranked 18th by circulation. The familial exchange of power wasn't unexpected. They are a tough crowd when it comes to a story with a happy ending. Restrictions apply. Both the Sulzberger and Graham families, which own controlling interests in their companies, have safeguarded quality journalism with the dynastic succession. (Shes also committed to maintaining the historical The New York Times repaid his loan in 2011 but allowed Carlos to purchase shares via warrants expiring in January 2015. [20][21], Sulzberger married Gabrielle Greene 2014, and the couple filed for divorce in 2020.[22][23][24]. It enjoyed early success because it targeted an intellectual readership. [33] He became publisher on January 1, 2018,[34] succeeding his father Arthur Ochs Sulzberger Jr.,[25] although the elder Sulzberger remained chairman of The New York Times Company until the end of 2020. The head of the Times does not have the power to shake things up very much. Sulzberger is a 1985 graduate of the Harvard Business School's program for management development. In search of profit, Willes forced The Los Angeles Times's newsroom to play ball with the newspaper's business office, which resulted recently in an embarrassing joint venture with a local arena--precisely the kind of thing the Sulzbergers are raised to avoid. Nevertheless, the critics havent affected its membership, with more people globally subscribing to the paper. The New York Timesis one of the worlds most iconic newspapers. Pleasant Avenue . Golden, is an economist seeking a Ph.D. at the University of Chicago. 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. And Arthur Sulzberger Jr. owns 1.8% of Class A stocks and 92.2% of Class B stocks. In 2015, Carlos exercised warrants that gave him a nearly 17% stake in the company. As a multi-generational Jewish crime family, the Sulzbergers rank second (albeit a distant second) only to The Rothschilds -- whose ultra-patriarch, Meyer Amschel Rothschild, first made his mark about 250 years ago, and whose direct male descendants still wield enormous power to this day. limited, and the bubble of affluence doesnt always produce heirs with Various Sulzbergers have left their mark, literally, on the world. teachers, and even a fashion stylist. Don't overpay for pet insurance. The authors must surely have known that. 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.. Newhouse family - Forbes Arthur Ochs Sulzberger, Jr.'s Net Worth Probably, 2020 is the busiest year for Arthur Ochs Sulzberger, Jr.. Schell continued: My question is, really, I mean, the New York Times is governed and held in a very unique way in corporate America. Also look at the related clues for crossword clues with similar answers to "Media company led by the Sulzberger family" Recent clues. Sign in to stop seeing this, Sara Netanyahu accosted by protesters at Tel Aviv hair salon, extricated by police, Brides joy turns to sorrow after Elan Ganeles killed driving to her wedding, Hiker discovers 2,500-year-old ancient receipt from reign of Purim kings father, Netanyahu compares Tel Aviv protesters to settlers who set fire to Huwara. On the evening of June 26, 1996, there was a rare public display of the American Establishment. Oh, plenty. He went to great lengths to avoid having The Times branded a Jewish newspaper., As a result, wrote Frankel, Sulzbergers editorial page was cool to all measures that might have singled [Jews] out for rescue or even special attention., Though The Times wasnt the only paper to provide scant coverage of Nazi persecution of Jews, the fact that it did so had large implications, Alex Jones and Susan Tifft wrote in their 1999 book The Trust: The Private and Powerful Family Behind The New York Times.. In the terminology of the newsroom, they fail to "back up the lead.". [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. To revist this article, visit My Profile, then View saved stories. [32] Sulzberger has been the principal architect of the news outlet's digital transformation and has led its efforts to become a subscriber-first business. In January 2009, Slim loaned The New YorkTimes$250 million. 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. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. - Age . Registering also lets you comment on articles and helps us improve your experience. As a publisher, he oversees the news outlet's journalism and business operations. It also can't really sell them. 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 . It takes just a few seconds. Robinson also. Genealogy for Arthur Ochs Sulzberger (1926 - 2012) family tree on Geni, with over 230 million profiles of ancestors and living relatives. 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. Sulzbergers niece, is a fashion writer, stylist, and personal Journalistically, the position is almost papal, in the sense that the best its holder can hope to do is to keep the institution going. [18][19] The couple have two children: a son, Arthur Gregg Sulzberger, and a daughter, Annie Sulzberger. Inside Sheins controversial culture, Does Noom really work? But when it comes to the antics of their personal lives, the Sulzbergers play their cards impossibly close to the vest. His paternal grandfather, Arthur Ochs Sulzberger, was Jewish, and the rest of his family is of Christian background (Episcopalian and Congregationalist). blog. 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. Little, Brown; 870 pages. 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. 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. 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? He and his wife had a single child, a daughter. Ferdinand Sulzberger in MyHeritage family trees (N Web Site) view all 25 Immediate Family Rose Sulzberger wife Max Judah Sulzberger son Lily Marx daughter Arthur T Sulzberger son Matilda Weinberg daughter Germon Frederick Sulzberger son Nathan Sulzberger son Belle Schrag daughter Simon Sulzberger son Stella Lee Ullman wife Ferdinand B Sulzberger Today the familys Jewish ties are less apparent than they were in the past. 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. Journalist and politician Henry Jarvis Raymond and George Jones foundedThe New York Timesas theNew-York Daily Timesin September 1851. Married to HOLMBERG. Quinn-Hopping Funeral Home 145 E. Mt. 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. 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. Arthur Ochs Sulzberger raised his son, Arthur Ochs Sulzberger Jr., in his wifes Episcopalian faith. The teller of the tale can be more or less critical, but the basic trajectory of the story is already set along the lines of a conventional success story--precisely the kind of story that journalists are trained to doubt and dislike. (His nickname, Pinch, is a diminutive of the nickname of his father and predecessor, Arthur Ochs Punch Sulzberger Sr.). [25] In 2018, he married Molly Messick.[5]. During the annual shareholders' meeting in April 2006, some investors including Morgan Stanley Investment Management (MSIM), who holds 28% of the company's stock altogether . 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. 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. How old is Arthur Ochs Sulzberger Jr.? But as Beyer would soon realize, Finchs past wasnt what she claimedand Beyers own difficult history was up for the taking. But Arthur Ochs Sulzberger Jr. still had some connections to his Jewish background. The succession issue supplies the book with an air of suspense that lasts right up to the final chapter. So who are these other, potentially eccentric Sulzbergers? VP, Gen. 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.". 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. Married to Ben Hale GOLDEN. His length of term was indeterminate, and the grounds and method of his removal were ambiguous. . The New York Times has appointed Arthur Gregg Sulzberger deputy publisher, putting the 36-year-old in line to succeed his father, Arthur Sulzberger Jr, as publisher and chairman of the newspaper. There would be no special attention, no special sensitivity, no special pleading, Leff wrote. We have really big ambitions for The New York Times, and we have big ambitions for independent journalism, more generally,Meredith said. ", "The New York Times Company Biography for A.G. Sulzberger", "Gabrielle Greene and Arthur Sulzberger Jr. Meredith has probably overachieved during her short reign as CEO. We learn more, for example, about the Cohens and the Goldens and some other branches of the family than we need to. 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 setting was the Metropolitan Museum of Art in New York, the nation's pre-eminent bastion of high art. Get the latest business insights from Dun & Bradstreet. Everything you need to know about the high-end coffee company. The Sulzbergers operate the Times under a family trust designed to prevent individual heirs from selling out. Hays Golden, son of Arthur Sulzberger was born in Mount Kisco, New York, to Barbara Winslow and Arthur Ochs "Punch" Sulzberger Sr. Karen Alden Sulzberger . 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. At the start, he committed the Times to a journalistic program of conservatism, thoroughness, and decency that provided the blueprint for its eventual success. He also 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.. 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.. 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. Sulzberger's mother was of mostly English and Scottish origin and his father was of Jewish origin (both Ashkenazic and Sephardic). We learn about the paper's metropolitan coverage or its foreign reporting, for example, only when a family member takes a turn at it. The irresistible contrast between the Roy and Pierce families couldnt be clearer. In a "Note on Sources," Tifft and Jones state that most of their material came from interviews with members of the Ochs-Sulzberger clan. 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. Ben Dolnick, the 26-year-old son of Lynn Dolnick, Michael Goldens A fifth-generation descendant of Ochs-Sulzberger, Arthur Gregg (A.G.) Sulzberger, its CEO is soft-spoken and measured. It's also a situation where you can prepare yourself for the calling, but it's considered unseemly to campaign for it. This is a remarkable family business book. He will assume the title chairman emeritus, the company said. Katie, lives in Marthas Vineyard and has sought to promote awareness The family owns about a fifth of the paper and controls it via a special class of voting shares. Curtis Yarvin and the rising right are crafting a different strain of conservative politics. At the Washington Post, family. The Open Database Of The Corporate World. [13] In 2013, he was tapped by then-executive editor Jill Abramson to lead the team that produced the Times' Innovation Report,[14] an internal assessment of the challenges facing the Times in the digital age. The New York Times Company's 2022 proxy statement reports: "Certain Members of the Ochs-Sulzberger Family Employed by the Company during our 2021 Fiscal Year. 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. 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. Although professionally she eschewed her family's business and became a doctor, Judith Sulzberger remained involved with the company as a director of the Times from 1974-2000, and, of course, a . There are obvious comparisons to be made to the Rockefellers or the Kennedys in the dynasty field, but the authors never get there. The option is a lower price,Carlos told Reuters. The . ofand provide income for Huichol families, a Native American group 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. 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. Journalistically, the family's greatest sin occurred during the Holocaust, when the Times went so far to avoid pleading on behalf of Europe's Jewish population that in one of its wartime stories, it reported that Hitler had killed nearly 400,000 "Europeans," but did not use the word "Jew" until the seventh paragraph. From 1983 to 1987, Sulzberger worked in a variety of business departments, including production and corporate planning. sister, is a successful fiction writer living in a brownstone secured 20% of the New York Times Co. (NYT) is owned by the Sulzberger family. 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? Granted, the Times presents challenges to any author. Reuters commitment to independence threatened its merger with Thomson, Is Night Court a real thing? 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". Its been around for two decades shy of two centuries, winning more Pulitzer Prizes of any newspaper. Sign up for our daily Hollywood newsletter and never miss a story. Arthur Ochs Sulzberger was born February 5, 1926, in the city of New York. 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.
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