sulzberger family companies

He thought they needed no state or political and social institutions of their own. [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". 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. in Mexico. 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. (The fictional Pierces own a paper called the New York Mail.) Arthur oversaw significant changes in the company, including the move from black and white to color and subsequent transformation into a digital publication. Not surprisingly, neither Sulzberger nor the family members on the board were interested in ceding control of the company. By acquiring the Athletic and its 1.2 million subscribers, The New YorkTimessurpassed 10 million subscribers; its target is now 15 million subscribers. For as little as $6/month, you will: Were really pleased that youve read X Times of Israel articles in the past month. The retailers demise explained, Is UNICEF a good charity? 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. For a brief moment, it looked like the Sulzberger name would depart the papers helm. Meredith has probably overachieved during her short reign as CEO. The maternal side of his family reportedly owned slaves and participated in the Civil War. Rebecca Van Dyck has served as a member of the Board of Directors of The New York Times Company since 2015. What it does produce, in the case of Schell continued: My question is, really, I mean, the New York Times is governed and held in a very unique way in corporate America. Kopit became CEO during a once-in-a-century pandemic that cut the papers revenue by more than half. This website may also be used to share memories and condolences with the Sulzberger family. The setting was the Metropolitan Museum of Art in New York, the nation's pre-eminent bastion of high art. 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 was born in Washington, D.C., on August 5, 1980, to Gail Gregg and Arthur Ochs Sulzberger Jr. He also (photo credit: book cover), This March 2, 1973 file photo shows New York Times publisher Arthur Ochs Sulzberger in his office in New York. Despite being a national newspaper of record,The New York Timeshas faced criticism for allegedly leaning to the left side of politics. 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. See "Compensation of Executive Officers" for a description of his compensation. David Perpich, the current publisher's. [16] On his first day as publisher, Sulzberger wrote an essay noting that he was taking over in a "period of exciting innovation and growth", but also a "period of profound challenge". Law Office of Sulzberger & Sulzberger is ready to help you with all of your estate planning, estate and trust administration and wealth transfer matters. Compare the best options for 2023. 15 million digital subscribers is a wildly ambitious target, which the paper might achieve if Donald Trump becomes president again. But in season two, episode three, Hunting, a new kind of player enters the game. 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 option is a lower price,Carlos told Reuters. The Sulzberger family ownsThe New York Timesthrough The New York Times Company. I feel weve achieved everything we had hoped to achieve,Thompson said. 2023 Cond Nast. His parents divorced when he was 5 years old. 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. 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. Critics said the newspaper failed to give adequate coverage to Nazi atrocities committed against Jews, a charge that The Times later owned up to. Charles Ransom Miller raised enough money to purchase the paper. click the link in that email to complete your registration. Advertisements. 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. [7] On December 14, 2017, he announced he would be ceding the post of publisher to his son, A. G. Sulzberger, effective January 1, 2018. [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. [25] In 2018, he married Molly Messick.[5]. A look back into the familys history shows why. 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. 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. [2][30] Though The New York Times is a public company, all voting shares are controlled by the Ochs-Sulzberger Family Trust. London had the highest population of Sulzberger families in 1891. 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. Armstrong told the Times that even the Sulzbergers were partially inspiration for the Roys. 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. 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 Sulzbergers operate the Times under a family trust designed to prevent individual heirs from selling out. Both the Sulzberger and Graham families, which own controlling interests in their companies, have safeguarded quality journalism with the dynastic succession. In a smooth, well-paced narrative, they give a detailed account, including the family's many marital affairs, divorces, and jealousies. (His nickname, Pinch, is a diminutive of the nickname of his father and predecessor, Arthur Ochs Punch Sulzberger Sr.). This is a remarkable family business book. 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. Does it matter that the paper used to be conservative and is now liberal? Per a 1986 agreement, any Class B shares sold outside the family would be automatically converted to Class A shares. During Punch's 34-year tenure, there were eight different presidents of the United States, from Kennedy to Clinton, as well as hundreds of members of the House and Senate who came and went. Should he have? Theres Sulzberger Jr.s daughter, Annie Sulzberger, now head of research for Netflixs The Crown. Sulzberger became the publisher of The New York Times in 1992, and chairman of The New York Times Company in 1997, succeeding his father, Arthur Ochs Sulzberger. 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. (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. Adolph Simon Ochs bought The New York Times from Henry Jarvis Raymond and George Jones Adolph Simon Ochs VP, Gen. 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? Even the central claim--that the Sulzbergers might be the country's most powerful family over the past century--is stated but never argued. Married to Matthew ROSENSCHEIN, Jr. Please try again or choose an option below. 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.. 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. Hays Golden, son of Arthur With editor Carr Van Anda, Adolph rebuilt The New York Timesreputation, eventually turning it into an international paper. The Sulzberger family derived its name from the town of Sulzberg, near Ratisbon, in Bavaria. [18][19] The couple have two children: a son, Arthur Gregg Sulzberger, and a daughter, Annie Sulzberger. A.G. Sulzberger, the new deputy publisher . 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. The most Sulzberger families were found in the USA in 1920. In high school he went on a trip to Israel that left him slightly intrigued by his background, Jones and Tifft wrote. More seriously, the attention to the family makes this an uneven book as an institutional history of the Times. Once registered, youll receive our Daily Edition email for free. 97-page "innovation report" about how the Times needed to become a digital-first company. Nevertheless, she was reluctant to join the paper after it offered her the top position in advertising. [2], Sulzberger's mother was of mostly English and Scottish origin and his father was of German Jewish origin (both Ashkenazic and Sephardic). If they werent members of the Ochs/Sulzberger family, our competitors would be bombarding them with job offers, he said. He became the publisher of The New York Times in 1992, and chairman of The New York Times Company in 1997, succeeding his father, Arthur Ochs Sulzberger. Sulzberger was the chairman of The New York Times Company from 1997 to 2020, and the publisher of The New York Times from 1992 to 2018. Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? See: Bloch-Sulzberger disease, syndrome, Sulzberger-Garbe disease, Sulzberger-Garbe syndrome. The broadcaster faces an uncertain future, Who owns Nespresso? Married: 1946. 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 Ochs initiated the family's ownership of the Times after he bought the paper in 1893. Sulzberger moved The New York Timesto the internet in 1996. The authors must surely have known that. However, he has said that people still tend to regard him as Jewish due to his last name. He was raised in his mother's Episcopalian faith; however, he no longer observes any religion.[5]. 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. Born: 1921. This polarization of political views could have many effects on the politics of the nation - both in the upcoming (2016) presidential election and societal developments in the future. His length of term was indeterminate, and the grounds and method of his removal were ambiguous. In 1891 there were 5 Sulzberger families living in London. Counsel & Corp. Sec. This infusion of great actors, alone, is fantastic news for such a masculine-power-heavy show. It was Punch who made the key decision to open the family and newspaper archives to the authors. Mark Thompson ushered The New York Timesinto the digital age: during his tenure, the papers digital readership jumped from 640,000 to more than five million subscribers. 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. Arthur Ochs "Pinch" Sulzberger Jr. (born September 22, 1951) is an American . Looking for more? The Sulzberger family name was found in the USA, the UK, and Scotland between 1880 and 1920. 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. Robinson also. In 2015, Carlos exercised warrants that gave him a nearly 17% stake in the company. As widely expected, A.G. became deputy publisher and later, board chairperson. In theory, at least, Arthur, Jr., could run the paper into the 2030s. He is of German ancestry. The younger Sulzberger is the sixth member of the Ochs/Sulzberger clan to become . [3] He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. 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. New York Times. Awards. by his grandmother, Ruth Holmberg. In 1896, Adolph Simon Ochs, the publisher of theChattanooga Times,purchased a controlling stake in the company. 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. We all have more of a stake in what The New York Times does than in what a potato chip manufacturer does. The occasion was a special anniversary for The New York Times, the nation's pre-eminent bastion of serious journalism. We learn about the paper's metropolitan coverage or its foreign reporting, for example, only when a family member takes a turn at it. By way of summation, they offer this weak, celebratory comment: "[O]ver the course of more than a century, the magic and mission of The New York Times had somehow managed to last, in large part because of the ownership and guidance of one quite ordinary and quite remarkable family.". 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. Although few outsiders could have picked Punch Sulzberger from among the hundreds of politicians, society figures, business executives, and journalists at the Met that night, almost all would recognize the name of his newspaper. The voyage had taken 80 days and there were many other German families to keep them company on the voyage 168 Germans all told - including the Erb, Kelb and Dornauf . Sign up for our daily Hollywood newsletter and never miss a story. 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. People expected the paper to go bankrupt, but Mexican billionaire Carlos Slim Helu stepped in before that happened. However, the paper remained afloat due to ever-rising subscribership. The Times was also quite conservative--both in its editorials and in its look. At Meta, she previously served as chief marketing officer of AR/VR from 2017 to 2020, and . He moved to New York as a metro reporter in 1981, and was appointed assistant metro editor later that year. At the start, he committed the Times to a journalistic program of conservatism, thoroughness, and decency that provided the blueprint for its eventual success. 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. But even so, Sulzberger Jr.s bad reputation is barely a blip compared to other media moguls. 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. It's classified as follows: K641965 Trustee service , and the status of this company is Registered now. Meredith had big shoes to fill, but she expressed confidence in her ability. 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. He is the sixth member of the Ochs-Sulzberger family to serve in the role. Also look at the related clues for crossword clues with similar answers to "Media company led by the Sulzberger family" Recent clues. To revist this article, visit My Profile, then View saved stories. Consider their handling of "Punch" Sulzberger, who ran the paper from 1963 to 1997. On this Wikipedia the language links are at the top of the page across from the article title. Dryfoos died two years later from heart failure, so his brother-in-law Arthur Punch Ochs Sulzberger took over. There would be no special attention, no special sensitivity, no special pleading, Leff wrote. 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 substantial funds. and the best executive editor in the business, I depart knowing the best is yet to come.. [4], Sulzberger's parents divorced when he was five years old. A detailed investigation into the weight loss app, Is SHEIN bad? His newspaper would not only carry "all the news that's fit to print" (the slogan was Ochs's own) but would "give the news impartially, without fear or favor, regardless of party, sect or interests involved.". Don't overpay for pet insurance. 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. 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. [2][29], On December 14, 2017, it was announced that Sulzberger would take over as publisher on January 1, 2018. Journalist and politician Henry Jarvis Raymond and George Jones foundedThe New York Timesas theNew-York Daily Timesin September 1851. Married to Andrew HEISKELL. Find company research, competitor information, contact details & financial data for SULZBERGER REALTY PTY. It also can't really sell them. [6] In 1974, he received a Bachelor of Arts degree in political science from Tufts University. The . He is of German ancestry. As publisher, he oversees the news outlet's journalism and business operations. However, by the time George Jones passed in 1891, The New YorkTimeshad recovered its readership and revenue. The Sulzberger family: A complicated Jewish legacy at the New York Times. Dolnicks mother, Lynn Golden, is the great-great-granddaughter of Julius and Bertha Ochs, the parents of Adolph S. Ochs, and was married in a Chattanooga, Tennessee, synagogue named in their memory. 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". The first known member of the family was Eleazar Sussman Sulzberger, c1600. It was not the biggest newspaper in New York and certainly not the best written. Sulzberger joined The New York Times in 1978 as a correspondent in the Washington, D.C. bureau. Last Thursday, The New York Times announced that its publisher, Arthur Ochs Sulzberger Jr., 66, is stepping down at the end of the year. 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. That circumstance made them "arguably the most powerful blood-related dynasty in twentieth-century America," in the opinion of the family's latest historian-biographers Susan E. Tifft and Alex S. Jones. So now we have a request. 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. 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. Born: 27 Dec 1923, New York, NY. Subscribe to our emails. In September 1857, the paper becameThe New-York Times(the hyphen dropped in 1896). 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. Get the latest business insights from Dun & Bradstreet. . At the Washington Post, family. All rights reserved. National Book Award Literarian Award for Outstanding Service to the American Literary Community, Barbara Winslow Grant, Mother of Times Chairman, Dies at 90, "Karen A. Sulzberger Is Wed To Eric Martin Arthur Lax". The NYT scion, 69, reportedly worth around $16 million, filed for . He and his wife, Gail Gregg, were married by a Presbyterian minister. 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. 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 . Armstrongs long road to showrunner began with a film script he wrote more than a decade ago called Murdoch, and it was the tabloid-friendly, nouveau riche families like the Murdochs, the Trumps, and the Redstones that inspired Successions clan of striving and conniving Roys. Sulzberger Jr. no doubt made some bad business decisions, including fumbling the 2014 firing of Times executive editor Jill Abramson in a rare high-profile move that put the Sulzbergers exactly where they prefer not to be: in the public eye. Divorced: 1965. [6] While there, he revealed that membership of the Narragansett Lions Club was not open to women. 1 Sponsored by Forbes Advisor Best pet insurance of 2023. A.G. Sulzberger was employed as Chairman and Publisher of The New York Times during 2021. 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 . [6], Sulzberger worked as a reporter for The Oregonian newspaper in Portland from 2006 to 2009, writing more than 300 pieces about local government and public life, including a series of investigative exposs on misconduct by Multnomah County Sheriff Bernie Giusto. Arthur Ochs Sulzberger raised his son, Arthur Ochs Sulzberger Jr., in his wifes Episcopalian faith. 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.. "[36][37][38] Sulzberger met with President Trump in the Oval Office again on January 31, 2019, for an on-the-record interview with Times reporters Peter Baker and Maggie Haberman. Various Sulzbergers have left their mark, literally, on the world. The New York Times Company records. 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.. And this week, the fifth generation takes on a leadership role. He will assume the title chairman emeritus, the company said. Everything you need to know about the high-end coffee company. 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. Meanwhile, Dan Cohens son Alex, a student at NYU, plays drums 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. 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!) The authors seem not terribly curious about the questions raised by the newspaper's success. In 2005, a vicious profile in. Had The Times highlighted Nazi atrocities against Jews, or simply not buried certain stories, the nation might have awakened to the horror far sooner than it did, Jones and Tifft wrote. This New Zealand Limited Company's AR application month is August. 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. Sarah Perpich, Davids 28-year-old sister and [19], Sulzberger was named associate editor for newsroom strategy in August 2015. . And if the Pierces are anything like the Sulzbergers, then theres plenty of material for the Succession writers to work with. Died:2017. He was the youngest of four children and was affectionately called "Punch" by family and friends, having . The current chairperson, A.G. Sulzberger, took over from his father, Arthur Ochs Sulzberger Jr., in early 2021. The New York Times now runs primarily via a subscription-based model, where digital subscriptions contributed over $426 . 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. Granted, the Times presents challenges to any author. Learn how to leverage transparent company data at scale. But here is why the Sulzbergers and their ilk also make perfect fodder for Succession season twos rival clan. 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. I know A. G. will not rest in his drive to empower our journalists and expand the scope of The Timess ambitions,Arthur said. 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). Perpich, a grandson of Arthur Ochs Sulzberger, was married by a rabbi in 2008.

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