limited, and the bubble of affluence doesnt always produce heirs with In January 1987, Sulzberger was named assistant publisher. He thought they needed no state or political and social institutions of their own. Wedding", "Ex-New York Times Publisher Arthur Sulzberger Jr. LTD. of HELENSVALE, QUEENSLAND. Thompson achieved his target of hitting $800 million in digital revenue by 2020. See: Bloch-Sulzberger disease, syndrome, Sulzberger-Garbe disease, Sulzberger-Garbe syndrome. He is of German ancestry. A.G. Sulzberger was employed as Chairman and Publisher of The New York Times during 2021. [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. Sulzberger is a fifth-generation member of the Ochs-Sulzberger family and brings a deep appreciation of the values and societal contributions of The New York Times and the Company to his role as chairman and publisher of The New York Times. 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. Sulzberger was born in Washington, D.C., on August 5, 1980, to Gail Gregg and Arthur Ochs Sulzberger Jr. Not coincidentally, Punch gradually emerges as the hero--the businessman with unerring judgment, the publisher with the noblest of journalistic instincts, the dutiful son, and the conscientious legatee. [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. It's an American 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. The New York Timestargeted 10 million subscribers by 2025, a target its hit with three years to spare. Consider their handling of "Punch" Sulzberger, who ran the paper from 1963 to 1997. The current chairperson, A.G. Sulzberger, took over from his father, Arthur Ochs Sulzberger Jr., in early 2021. blog. What have I observed and learned in the quarter century since? The first known member of the family was Eleazar Sussman Sulzberger, c1600. But in the early decades of the twentieth century, the Times was struggling. 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 . Ochs initiated the family's ownership of the Times after he bought the paper in 1893. In a 2001 article for The Times, former Executive Editor Max Frankel wrote that the paper, like many other media outlets at the time, fell in line with US government policy that downplayed the plight of Jewish victims and refugees, but that the views of the publisher also played a significant role. A couple of years later, she became the chief operating officer, placing her in the prime position to succeed then-CEO Mark Thompson. 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". How intimacy coordinators are changing Hollywood sex scenes The Crowns Helena Bonham Carter on her scary encounter with Princess Margaret The Trump-baiting Anthony Scaramucci interview that roiled the president What happens when you try to be the next Game of Thrones Why are teens flocking to Jake Gyllenhaals Broadway show? From the Archive: Keanu Reeves, young and restless. He is of German ancestry. Check out our website to get your 3-Month Emergency Food Kit and learn about our full product line of survival and preparedness gear. But at other times, the approach has its drawbacks. Nevertheless, she was reluctant to join the paper after it offered her the top position in advertising. The authors keep a consistent focus on the family. In lieu of flowers, contributions, in Carl L. Sulzberger's memory, may be made to The Parkinson's Foundation, (200 SE 1st Street, Suite 800, Miami, Florida 33131) or to a charity of your choice. A.G. Sulzberger, a fifth-generation member of the Sulzberger family, had worked as a reporter at The Providence Journal and The . The option is a lower price,Carlos told Reuters. But in this era of dwindling journalistic revenue, the major old media families like the Grahams (of Washington Post/The Post fame), the Bancrofts (the Wall Street Journal), the Chandlers (the Los Angeles Times), and the Taylors (the Boston Globe) have all left the business, leaving only the Sulzbergers holding on. Park Bo-gum was born on June 16, 1993. Katie, lives in Marthas Vineyard and has sought to promote awareness Theyre not MAGA. Married: 1946. 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. Already a member? When Elisabeth Finch met Jennifer Beyer in 2019, the two women forged a fiercely loyal friendship, and eventually got married. At Meta, she previously served as chief marketing officer of AR/VR from 2017 to 2020, and . It takes just a few seconds. At today's prices, that's worth about $344 million. However, the paper remained afloat due to ever-rising subscribership. [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. 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 Rebecca Van Dyck. See "Compensation of Executive Officers" for a description of his compensation. On the other hand, there are many limits on the publisher's power. Back in 2002 at U.C. 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. Or alternatively, change is made by outsiders like Ted Turner, who created CNN and, with it, the 24-hour news cycle. [20][21], Sulzberger married Gabrielle Greene 2014, and the couple filed for divorce in 2020.[22][23][24]. A look back into the familys history shows why. The Sulzberger family ownsThe New York Timesthrough The New York Times Company. Died:2017. Sulzberger met with President Donald Trump at the White House on July 20, 2018. All about the workings of this global humanitarian organization, Who owns Reuters? 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. This was about 45% of all the recorded Sulzberger's in the UK. The authors seem not terribly curious about the questions raised by the newspaper's success. [18][19] The couple have two children: a son, Arthur Gregg Sulzberger, and a daughter, Annie Sulzberger. The publishers promised to be non-partisan and dedicated to the reform or extermination of the evils in society. Meredith Kopit Levien grew up in Richmond, Virginia, where she occasionally read The New YorkTimescourtesy of her New Yorker parents. Hostile place (1) Entertainer Kazan (1) Saintly aura (1) Dictionary label (1) Charity event (5) [19], Sulzberger was named associate editor for newsroom strategy in August 2015. He is a fifth-generation descendant of Adolph S. Ochs, who bought the newspaper in 1896 as it was facing bankruptcy. 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. 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 . Sulzberger moved The New York Timesto the internet in 1996. But in season two, episode three, Hunting, a new kind of player enters the game. Victoria Dryfoos, daughter of 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. VP, Gen. 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. The Sulzbergers are far from the only media family in America to pass their legacy down the generations. He has been the principal architect of the news outlet's digital transformation and has led its efforts to become a subscriber-first business. The . In 2015, Carlos exercised warrants that gave him a nearly 17% stake in the company. The rest of us can buy NYT stock (which recently traded near its 52-week high), but we can't fire the publisher. Get the latest business insights from Dun & Bradstreet. 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. Quinn-Hopping Funeral Home 145 E. Mt. By registering you agree to the terms and conditions. The maternal side of his family reportedly owned slaves and participated in the Civil War. On this Wikipedia the language links are at the top of the page across from the article title. The Ochs-Sulzberger family is a great American family that has served our nation in war and peace since its founding. Sulzberger Family Trustee Company Limited has been running for 9 years 7 months, and 28 days. 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. He was the youngest of four children and was affectionately called "Punch" by family and friends, having . At the Washington Post, family. Little, Brown; 870 pages. 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. At the center is the legal trust that governs how the family manages its ownership. From 1983 to 1987, Sulzberger worked in a variety of business departments, including production and corporate planning. For comparison's stake, the entire Ochs-Sulzberger family, including the newspaper's publisher, Arthur Ochs Sulzberger Jr., and all the trusts he and his cousins control, own a stake amounting to a mere 11 percent, according to the proxy statement. 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. 2023 Cond Nast. . Not so with the publishers of The New York Times--for one thing, they tend to stay in power a long time. I feel weve achieved everything we had hoped to achieve,Thompson said. The New York Timesis one of the worlds most iconic newspapers. He was the son of Arthur Hays Sulzberger, chairman of the board of the New York Times Company, and of Iphigene Bertha, ne Ochs, through whom he was a descendant of Adolph Ochs, the founder of the New York Times. Scene Stealer: The True Lies of Elisabeth Finch, Part 2. In their big, admiring new book The Trust, which is certain to stand as the definitive work on the subject for a good long while, they provide ample evidence for their claim. 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. The familial exchange of power wasn't unexpected. 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. Law Office of Sulzberger & Sulzberger is ready to help you with all of your estate planning, estate and trust administration and wealth transfer matters. Frustratingly, though, the authors settle for chronicling the family's history and do little by way of interpreting it. I warned that this inflammatory language is contributing to a rise in threats against journalists and will lead to violence. Meanwhile, Dan Cohens son Alex, a student at NYU, plays drums Find company research, competitor information, contact details & financial data for SULZBERGER REALTY PTY. Sulzberger is a 1985 graduate of the Harvard Business School's program for management development. Under Joness leadership, the paper became increasingly Republican-leaning, especially after its damning expos of the citys Democratic Party leader William Tweed. However, his reign as owner almost sankThe New York Times. For as little as $6/month, you will: Were really pleased that youve read X Times of Israel articles in the past month. Golden, is an economist seeking a Ph.D. at the University of Chicago. Per a 1986 agreement, any Class B shares sold outside the family would be automatically converted to Class A shares. 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. Counsel & Corp. Sec. 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.". 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. "[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. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. It was not the biggest newspaper in New York and certainly not the best written. Sometimes that focus sheds light on how decisions are really made at the top. He was raised in his mother's Episcopalian faith; however, he no longer observes any religion.[5]. 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. 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. 1 Sponsored by Forbes Advisor Best pet insurance of 2023. Compare the best options for 2023. On this Wikipedia the language links are at the top of the page across from the article title. [1], He attended Ethical Culture Fieldston School and Brown University, graduating in 2003 with a major in political science. 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.. There would be no special attention, no special sensitivity, no special pleading, Leff wrote. Adolph Simon Ochs bought The New York Times from Henry Jarvis Raymond and George Jones Adolph Simon Ochs 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! 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. Sarah Perpich, Davids 28-year-old sister and Thirty-nine-year-old Arthur A.G. Sulzberger is the current publisher of the New York Times, and hes the fourth Arthur Sulzberger in the family to hold that position. Tell us a little bit about that, and what effect you think it has on how this great paper can comport itself in the world. Sulzberger, trained since childhood for this job, swiftly deflected: Theres a lot behind that question. See "Compensation of Executive Officers" for a description of his compensation. TheNew York Timeseventually recovered a recovery made possible by Carloss investment. 3/n 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.. Sulzberger helped to found and was a two-term chairman of the New York City Outward Bound organization,[15] and currently serves on the board of the Mohonk Preserve. He moved to New York as a metro reporter in 1981, and was appointed assistant metro editor later that year. 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 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. 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. The New York Times' major individual shareholder is the Sulzberger family, owning it for several generations. Meredith has probably overachieved during her short reign as CEO. He and his wife, Gail Gregg, were married by a Presbyterian minister. Earlier, they collaborated on a big history of another journalistic dynasty--the Binghams of Louisville. Contact a reliable trusts and estates attorney in the Miami-Dade area. 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 . Palin Can Suck A Dick And Leave Us All Alone.. Don't overpay for pet insurance. 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. Subscribe to our emails. By acquiring the Athletic and its 1.2 million subscribers, The New YorkTimessurpassed 10 million subscribers; its target is now 15 million subscribers. [6] The club began admitting women a few months later. In assessing the performance of the Sulzbergers' newspaper, the authors frequently pull their punches. [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. and the best executive editor in the business, I depart knowing the best is yet to come.. 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.. Last Thursday, The New York Times announced that its publisher, Arthur Ochs Sulzberger Jr., 66, is stepping down at the end of the year. Ms. Van Dyck was the chief operating officer for Reality Labs at Meta Platforms, Inc. (formerly Facebook, Inc.) from 2020 to 2022. But when it comes to the antics of their personal lives, the Sulzbergers play their cards impossibly close to the vest. teachers, and even a fashion stylist. But here is why the Sulzbergers and their ilk also make perfect fodder for Succession season twos rival clan. Schell continued: My question is, really, I mean, the New York Times is governed and held in a very unique way in corporate America. And this week, the fifth generation takes on a leadership role. 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. "The Sulzberger family: A complicated Jewish legacy at The New York Times", "A.G. Sulzberger, 37, to Take Over as New York Times Publisher", "A.G. Sulzberger: Leading Change at The New York Times as Journalism Evolves", "Sulzberger didn't back down in Narragansett confrontation", "A.G. Sulzberger, New York Times' publisher and former Oregonian reporter, talks journalism in the digital age", "A.G. Sulzberger to assume publisher role at New York Times on Jan. 1", "Leadership of New York Times passes to next-generation Sulzberger", "New York Times Publisher Arthur O. Sulzberger, Jr. to Retire at Year's End; A.G. Sulzberger Named Publisher", "For Kodachrome Fans, Road Ends at Photo Lab in Kansas", "The leaked New York Times innovation report is one of the key documents of this media age", "The New Tork Times Claws Its Way Into the Future", "How A.G. Sulzberger Is Leading the New York Times Into the Future", "A.G. Sulzberger Vanquishes His Cousins, Becomes Deputy Publisher of the New York Times", "Exclusive: New York Times Internal Report Painted Dire Digital Picture", "Arthur Gregg Sulzberger Named Associate Editor", "New York Times Names A.G. Sulzberger Deputy Publisher", "This is The New York Times' digital path forward", "A.G. Sulzberger Vanquishes Cousins, Becomes Deputy Publisher of New York Times", "The Heirs: A Three-Way, Mostly Civilized Family Contest to Become the Next Publisher of The Times", "New York Times Names A.G. Sulzberger, 37, Its Next Publisher", "On Trust and Transparency: A.G. Sulzberger, Our New Publisher, Answers Readers' Questions", "New York Times chairman retires after 23 years leading the board", "NYT publisher disputes Trump's retelling of off-the-record conversation", "New York Times publisher A.G. Sulzberger chides President Donald Trump over 'fake news' claims", "New York Times publisher says he chided Trump not to call press the enemy", "NYT publisher A.G. Sulzberger says an independent press is an 'American ideal', "Knight Media Forum 2020 A.G. Sulzberger", https://en.wikipedia.org/w/index.php?title=A._G._Sulzberger&oldid=1138150552, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, The New York Times Syndicate & News Service, This page was last edited on 8 February 2023, at 08:16. Does it make sense for the newspaper to entrust its fate to 13 unaccountable millionaires who acquired their money and influence through birth? Arthur Ochs Sulzberger Jr. was raised in his mothers Episcopalian faith and later stopped practicing religion. Asked recently about his working relationship with Dolnick and Perpich, A.G. Sulzberger spoke of their strong journalism backgrounds and invoked the family ethos. [2][30] Though The New York Times is a public company, all voting shares are controlled by the Ochs-Sulzberger Family Trust. 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. Their secrecy is a result of intensive training on the weight and responsibility of what it means to be part of this particular family. 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. 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. [18] The Innovation Report was leaked to BuzzFeed News in March 2014. 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. It's also a situation where you can prepare yourself for the calling, but it's considered unseemly to campaign for it. The authors routinely refer to Punch as "powerful" or "influential," yet they spend little time discussing the nature of that power. After Ochss death, his son-in-law, Arthur Hays Sulzberger, took over the reins at The Times. The succession issue supplies the book with an air of suspense that lasts right up to the final chapter. In high school he went on a trip to Israel that left him slightly intrigued by his background, Jones and Tifft wrote. click the link in that email to complete your registration. In the terminology of the newsroom, they fail to "back up the lead.". Incorrect password. 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. Newhouse family - Forbes Arthur Ochs Sulzberger, Jr.'s Net Worth Probably, 2020 is the busiest year for Arthur Ochs Sulzberger, Jr.. [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".