The Ochs/Sulzberger family controls nine of the 13 seats on the company's board, through its ownership of separate voting-class stock. But in the early decades of the twentieth century, the Times was struggling. 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. Counsel & Corp. Sec. In the terminology of the newsroom, they fail to "back up the lead.". [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. Little, Brown; 870 pages. He is the sixth member of the Ochs-Sulzberger family to serve in the role. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. The Sulzberger family owns The New York Times through The New York Times Company. limited, and the bubble of affluence doesnt always produce heirs with 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. Publisher A.G. Sulzberger is the sixth member of the Ochs-Sulzberger family to lead the paper. A couple of years later, she became the chief operating officer, placing her in the prime position to succeed then-CEO Mark Thompson. However, he has said that people still tend to regard him as Jewish due to his last name. For this book, they certainly did their homework. The New York Times repaid his loan in 2011 but allowed Carlos to purchase shares via warrants expiring in January 2015. 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. 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.. Various Sulzbergers have left their mark, literally, on the world. 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 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. From 1983 to 1987, Sulzberger worked in a variety of business departments, including production and corporate planning. Looking for more? Does it matter that the paper used to be conservative and is now liberal? Its been around for two decades shy of two centuries, winning more Pulitzer Prizes of any newspaper. The familial exchange of power wasnt unexpected. Berkeley, Sulzberger Jr. spoke to Orville Schell, then the dean of the Graduate School of Journalism, in front of a large audience. Journalistically, the position is almost papal, in the sense that the best its holder can hope to do is to keep the institution going. The 2008 financial crisis hit The New YorkTimeshard. Don't overpay for pet insurance. integrity of lighthouses, according to a long letter she wrote to a 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. - Age . The New York Times Company records. flexes his editorial muscle on his Facebook page: Alex Thinks Sarah Rebecca Van Dyck has served as a member of the Board of Directors of The New York Times Company since 2015. It enjoyed early success because it targeted an intellectual readership. But the authors are not inclined to criticize the paper on other matters, such as its failure to report on some of the early scandals of the Reagan era or its obsessive focus on Clinton's Whitewater affair. Sulzberger's mother was of mostly English and Scottish origin and his father was of Jewish origin (both Ashkenazic and Sephardic). Schell continued: My question is, really, I mean, the New York Times is governed and held in a very unique way in corporate America. 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. A.G. Sulzberger was employed as Chairman and Publisher of The New York Times during 2021. Sulzberger was educated at private schools and, after service in the U.S. Marine Corps (1944-46 . More seriously, the attention to the family makes this an uneven book as an institutional history of 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. By the end of the book, he looms even larger than the founder, and he dwarfs Arthur, Jr. 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. (photo credit: book cover), This March 2, 1973 file photo shows New York Times publisher Arthur Ochs Sulzberger in his office in New York. The revelations that have leaked from Prince Harrys memoir, Monica Lewinsky: 25 Randoms on the 25th Anniversary of the Bill Clinton Calamity. 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. 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. But that question of nondemocratic succession in ostensibly democratic America is exactly the subject Armstrong and his writers are eager to dig into. His son, 37-year-old Arthur Gregg (A.G.) Sulzberger, will succeed him. But dig even a little bit into the Sulzberger legacy and youll find even more cause for celebration. How old is Arthur Ochs Sulzberger Jr.? As widely expected, A.G. became deputy publisher and later, board chairperson. 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 . [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. 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. Sulzberger, a Reform Jew, was an outspoken anti-Zionist at a time when the Reform movement was still debating the issue. See "Compensation of Executive Officers" for a description of his compensation. Before A.G. became chairperson, he faced competition for the role of deputy publisher from his cousins Sam Dolnick and David Perch. Married to Matthew ROSENSCHEIN, Jr. In theory, at least, Arthur, Jr., could run the paper into the 2030s. The Sulzbergers are far from the only media family in America to pass their legacy down the generations. 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. Awards. 15 million digital subscribers is a wildly ambitious target, which the paper might achieve if Donald Trump becomes president again. There are obvious comparisons to be made to the Rockefellers or the Kennedys in the dynasty field, but the authors never get there. 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. Family. 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. He is of German ancestry. See "Compensation of Executive Officers" for a description of his compensation. It should be noted that members of the Bancroft clan said in 2011 that they regretted selling their familys paper off, though theres an argument to be made that Murdoch was actually the best thing that could have happened to that paper. 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 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. The New York Times' major individual shareholder is the Sulzberger family, owning it for several generations. In this case, the authors often tell us what Punch was thinking, feeling, or planning in a way that could only have come from him. Ochs initiated the family's ownership of the Times after he bought the paper in 1893. [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. In 1992, Sulzberger relinquished the publisher's job to his 40-year-old son, Arthur Ochs Sulzberger Jr., but remained chairman of The New York Times Co. 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. 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 tradition of handing down the paper from father to a firstborn son also named Arthur is such an obviously medieval practice at the New York Times that Sulzbergers dad and predecessor, Arthur Ochs Pinch Sulzberger Jr., kept a Steuben crystal sculpture of a gold-handled Excalibur embedded in stone on his deska gift and potential Shiv Roy-worthy act of passive aggression from his passed-over sisters when he was named publisher and the familys next kingArthur. 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. He also owns a Hudson Valley mansion in New Paltz. However, the paper remained afloat due to ever-rising subscribership. (Takes a family dynasty to know one?) In 1891 there were 5 Sulzberger families living in London. Meet the brand-new players on the board this season. Unlike other news outlets, we havent put up a paywall. The publishers promised to be non-partisan and dedicated to the reform or extermination of the evils in society. There would be no special attention, no special sensitivity, no special pleading, Leff wrote. The first known member of the family was Eleazar Sussman Sulzberger, c1600. Thompson achieved his target of hitting $800 million in digital revenue by 2020. [2][3] At Brown, Sulzberger worked briefly for The Brown Daily Herald as a Contributing Writer. [6] Despite threats from the club to withdraw their advertising if the story ran, the Journal published Sulzberger's story. Well theres David Perpich, nephew to Sulzberger Jr., who helped run a DJ-training school called Scratch DJ Academy. By acquiring the Athletic and its 1.2 million subscribers, The New YorkTimessurpassed 10 million subscribers; its target is now 15 million subscribers. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. Once registered, youll receive our Daily Edition email for free. [7], Sulzberger began writing for the New York Times as a metro reporter in February 2009,[8] which published his first article on March2. Ad Choices. Frustratingly, though, the authors settle for chronicling the family's history and do little by way of interpreting it. Also look at the related clues for crossword clues with similar answers to "Media company led by the Sulzberger family" Recent clues. click the link in that email to complete your registration. Asked recently about his working relationship with Dolnick and Perpich, A.G. Sulzberger spoke of their strong journalism backgrounds and invoked the family ethos. Where did it come from? Curtis Yarvin and the rising right are crafting a different strain of conservative politics. Please try again or choose an option below. [18] The Innovation Report was leaked to BuzzFeed News in March 2014. [That section indicates A.G. Sulzberger was paid $8,112,955 for his work in 2019, 2020, and 2021. Hays Golden, son of Arthur I warned that this inflammatory language is contributing to a rise in threats against journalists and will lead to violence. On this Wikipedia the language links are at the top of the page across from the article title. But here is why the Sulzbergers and their ilk also make perfect fodder for Succession season twos rival clan. The retailers demise explained, Is UNICEF a good charity? Married to Ben Hale GOLDEN. That access is one of the book's many virtues, but it also has a downside. . Theres Sulzberger Jr.s daughter, Annie Sulzberger, now head of research for Netflixs The Crown. Sulzberger . [2][29], On December 14, 2017, it was announced that Sulzberger would take over as publisher on January 1, 2018. 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? Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. Arthur Gregg Sulzberger, Chairman & Publisher Diane Brayton, Exec. 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. And Arthur Sulzberger Jr. owns 1.8% of Class A stocks and 92.2% of Class B stocks. Farlex Partner Medical Dictionary Farlex 2012 Want to thank TFD for its existence? It's an American ideal. Free and open company data on New Zealand company SULZBERGER FAMILY TRUSTEE COMPANY LIMITED (company number 4114618), 3 Oakwood Drive, Highlands Park, New Plymouth, 4312. In January 1987, Sulzberger was named assistant publisher. 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. Nevertheless, the critics havent affected its membership, with more people globally subscribing to the paper. Palin Can Suck A Dick And Leave Us All Alone.. At today's prices, that's worth about $344 million. 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 family settled in Tennessee, and Ochs rose to be publisher of the Chattanooga Times. Reuters commitment to independence threatened its merger with Thomson, Is Night Court a real thing? Meredith had big shoes to fill, but she expressed confidence in her ability. Oh, plenty. 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. Back in 2002 at U.C. Does it make sense for the newspaper to entrust its fate to 13 unaccountable millionaires who acquired their money and influence through birth? 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. Married: 1958. The family owns about a fifth of the paper and controls it via a special class of voting shares. In 2015, Carlos exercised warrants that gave him a nearly 17% stake in the company. He is of German ancestry. "[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 authors must surely have known that. Incorrect password. The Pierce familywhose members have yet to appear onscreen but simmer in the background of this episodeappears to be based loosely on the Sulzberger clan, which has run the New York Times since 1896. 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. ger ( slz'brg-r ), Marion B., U.S. dermatologist, 1895-1983. Theyre not MAGA. Their secrecy is a result of intensive training on the weight and responsibility of what it means to be part of this particular family. its publicly known that he likes Star Trek. In January 2009, Slim loaned The New YorkTimes$250 million. [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". 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. We all have more of a stake in what The New York Times does than in what a potato chip manufacturer does. [25] In 2018, he married Molly Messick.[5]. ", "The New York Times Company Biography for A.G. Sulzberger", "Gabrielle Greene and Arthur Sulzberger Jr. [6] In 1974, he received a Bachelor of Arts degree in political science from Tufts University. 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 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. The younger Sulzberger is the sixth member of the Ochs Sulzberger clan to serve as publisher of the prominent New York newspaper. 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.. Charles Ransom Miller raised enough money to purchase the paper. 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. NEW YORK (JTA) On Thursday, The New York Times announced that its publisher, Arthur Ochs Sulzberger Jr., 66, is stepping down at the end of the year and will be succeeded by his son,. blog. Divorced: 1956. But even so, Sulzberger Jr.s bad reputation is barely a blip compared to other media moguls. Armstrong told the Times that even the Sulzbergers were partially inspiration for the Roys. And that family history lives on. A.G. praised Arthurs impact extensively after he announced his retirement:Our success today is directly attributable to his singular focus on the long term, his embrace of innovation and his sustained investment in quality, original journalism.. In assessing the performance of the Sulzbergers' newspaper, the authors frequently pull their punches. Not surprisingly, neither Sulzberger nor the family members on the board were interested in ceding control of the company. Arthur Ochs "Pinch"[1] Sulzberger Jr. (born September 22, 1951) is an American journalist. (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. (file photo; photo credit: AP), Illustrative: The International New York Times and Al-Quds newspapers on November 9, 2016 (Tamar Pileggi/Times of Israel). His parents divorced when he was 5 years old. 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. Meredith has probably overachieved during her short reign as CEO. 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.. As publisher, chairman, and CEO, Punch was selected by a self-perpetuating, private, secretive body. Simon bought a company that was losing money and transformed it into an internationally acclaimed daily. And this week, the fifth generation takes on a leadership role. 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 head of the Times does not have the power to shake things up very much. Genealogy for Arthur Ochs Sulzberger (1926 - 2012) family tree on Geni, with over 230 million profiles of ancestors and living relatives. It's also a situation where you can prepare yourself for the calling, but it's considered unseemly to campaign for it. At the center is the legal trust that governs how the family manages its ownership. 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. [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. 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,". 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. 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. He thought they needed no state or political and social institutions of their own. His length of term was indeterminate, and the grounds and method of his removal were ambiguous. It takes just a few seconds. Pleasant Avenue . Sulzberger Jr. bought an Upper West Side penthouse for $4 million in 2011. Consider their handling of "Punch" Sulzberger, who ran the paper from 1963 to 1997. [19], Sulzberger was named associate editor for newsroom strategy in August 2015. All rights reserved. 3/n 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. Unmasking the unethical business practices of the fashion brand, Is Telekinesis real? 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. Sulzberger moved The New York Timesto the internet in 1996. Should he have? (The fictional Pierces own a paper called the New York Mail.) 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. [20][21], Sulzberger married Gabrielle Greene 2014, and the couple filed for divorce in 2020.[22][23][24]. 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. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. The maternal side of his family reportedly owned slaves and participated in the Civil War. VP, Gen. [17], Sulzberger married Gail Gregg in 1975, and the couple divorced in 2008. Wedding", "Ex-New York Times Publisher Arthur Sulzberger Jr. He committed to holding the Times "to the highest standards of independence, rigor, and fairness".[31]. [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". 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. In 1896, Ochs became publisher of The New-York Times in a classic American way: by bluffing and by using other people's money. Theyre not QAnon. As Ochs aged, the patriarch began to face up to the issue of succession. And then that 2008 New York magazine piece has a whole rundown of characters that would make any prestige TV writer salivate: As in any family business, the pool of talent in the bloodline is For a brief moment, it looked like the Sulzberger name would depart the papers helm. Sometimes that focus sheds light on how decisions are really made at the top. A year later, Sulzberger was named deputy publisher, overseeing the news and business departments. Click the link in that email to complete registration so you can comment. 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. The current chairperson, A.G. Sulzberger, took over from his father, Arthur Ochs Sulzberger Jr., in early 2021. 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. The Sulzberger family is a different clan from the Bancrofts, who were divided by trust funds and populated with restless socialites and horse enthusiasts whose hobbies required access to. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. Check out our website to get your 3-Month Emergency Food Kit and learn about our full product line of survival and preparedness gear. 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. The Open Database Of The Corporate World. Carlos bought a 6.4% stake in The New York Times Company; however, it wasnt enough. He and his wife, Gail Gregg, were married by a Presbyterian minister. First of all, just to get it on the record, the family did go for talent. The audience erupted into laughter.