sulzberger family companies
in Mexico. 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. Theyre not QAnon. (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. 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. Sulzberger oversaw a rise in profits, prizes, and a liberal 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. Logan Roy announces his intention to acquire PGM, a media company owned by the Pierce family, which opens the door for Armstrong to aim his razor-sharp wit at what Logan calls those blue-blooded fucks of the old media world. The Sulzberger family: A complicated Jewish legacy at the New York 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. Contact a reliable trusts and estates attorney in the Miami-Dade area. 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. 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 . 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. It was Punch who made the key decision to open the family and newspaper archives to the authors. by his grandmother, Ruth Holmberg. Meredith Kopit Levien grew up in Richmond, Virginia, where she occasionally read The New YorkTimescourtesy of her New Yorker parents. Sulzberger Jr. bought an Upper West Side penthouse for $4 million in 2011. Newhouse family - Forbes Arthur Ochs Sulzberger, Jr.'s Net Worth Probably, 2020 is the busiest year for Arthur Ochs 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. [35] A.G. Sulzberger became the chairman of The New York Times Company on January 1, 2021. But when it comes to the antics of their personal lives, the Sulzbergers play their cards impossibly close to the vest. But that question of nondemocratic succession in ostensibly democratic America is exactly the subject Armstrong and his writers are eager to dig into. Park Bo-gum was born on June 16, 1993. Journalistically, the position is almost papal, in the sense that the best its holder can hope to do is to keep the institution going. All rights reserved. Staggering Hypocrisy of New York Times Exposed However, his reign as owner almost sankThe New York Times. [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. And if the Pierces are anything like the Sulzbergers, then theres plenty of material for the Succession writers to work with. The Sulzberger family derived its name from the town of Sulzberg, near Ratisbon, in Bavaria. By the end of the book, he looms even larger than the founder, and he dwarfs Arthur, Jr. Sulzberger son steps up at New York Times | Financial Times 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. Carl Sulzberger Obituary (2023) - Livingston, NJ - The Star-Ledger The Times was also quite conservative--both in its editorials and in its look. 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. It is a family company, and the family, I assume, decides who the successor is in a way that isnt either particularly corporate or democratic. Nevertheless, the critics havent affected its membership, with more people globally subscribing to the paper. 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. 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. 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. At the center is the legal trust that governs how the family manages its ownership. Please try again or choose an option below. Divorced: 1965. 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. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. A.G. Sulzberger, a fifth-generation member of the Sulzberger family, had worked as a reporter at The Providence Journal and The . His length of term was indeterminate, and the grounds and method of his removal were ambiguous. Arthur Ochs Sulzberger Jr. Bio, Age, Family, Wife, School, Salary, Net Arthur Ochs Sulzberger (1926 - 2012) - Genealogy - geni family tree Various Sulzbergers have left their mark, literally, on the world. Unmasking the unethical business practices of the fashion brand, Is Telekinesis real? Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? R. Anthony Benten, Sr. VP, Treasurer & Chief Accounting Officer Robert Denham, Independent Director Doreen Toben, Independent Director Brian McAndrews, Presiding Independent Director Rachel Glaser, Independent Director John Rogers, Independent Director 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. Family tree of Arthur Ochs SULZBERGER JR. - Geneastar Arthur Ochs Sulzberger raised his son, Arthur Ochs Sulzberger Jr., in his wifes Episcopalian faith. 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.". Reuters commitment to independence threatened its merger with Thomson, Who owns BBC? Born: 27 Dec 1923, New York, NY. As family members, they hold the bulk of the company's Class B voting stock, which allows them to control its board of directors. He thought they needed no state or political and social institutions of their own. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community. Golden (making it the unofficial Ochs-Sulzberger house band). The meeting was off-the-record, but after President Trump tweeted about it eight days later, Sulzberger "pushed back hard" to dispute the President's characterization of the meeting. 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. 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. Though Logan is often pitched as a villain of Succession, whats been true, generally, in American culture is that were inclined to be much friendlier to self-made kings like Logan Roy than we are to those, like the Pierces and the Sulzbergers, who inherited their wealth. The current chairperson, A.G. Sulzberger, took over from his father, Arthur Ochs Sulzberger Jr., in early 2021. Thread by @SamoBurja on Thread Reader App - Thread Reader App Arthur Sulzberger Net Worth (2023) | wallmine In retaliation, an angry Sulzberger pulled the family's personal holdings, approximately $200 million in New York Times stock, from an account at Morgan Stanley. and the best executive editor in the business, I depart knowing the best is yet to come.. [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". Ochs initiated the family's ownership of the Times after he bought the paper in 1893. Restrictions apply. 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. It always felt different from Virginias local dailies, she said. Dryfoos died two years later from heart failure, so his brother-in-law Arthur Punch Ochs Sulzberger took over. 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. 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 is a 1985 graduate of the Harvard Business School's program for management development. 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,". 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. ", "The New York Times Company Biography for A.G. Sulzberger", "Gabrielle Greene and Arthur Sulzberger Jr. Sulzberger scion's star rises - POLITICO Media 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. Sarah Perpich, Davids 28-year-old sister and Wedding", "Ex-New York Times Publisher Arthur Sulzberger Jr. [18][19] The couple have two children: a son, Arthur Gregg Sulzberger, and a daughter, Annie Sulzberger. The Sulzbergers: Inside The Family That Controls The New York Times [3] He is a grandson of Arthur Hays Sulzberger and great-grandson of Adolph Ochs. 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. From an early age, Sulzberger children are taught to value their role as stewards of the paper and servants to the public good. 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. 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. With editor Carr Van Anda, Adolph rebuilt The New York Timesreputation, eventually turning it into an international paper. 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. The family owns about a fifth of the paper and controls it via a special class of voting shares. TheNew York Timeseventually recovered a recovery made possible by Carloss investment. Theres Sulzberger Jr.s daughter, Annie Sulzberger, now head of research for Netflixs The Crown. The retailers demise explained, Is UNICEF a good charity? integrity of lighthouses, according to a long letter she wrote to a Why the Sulzberger family should sell the New York Times | Fortune The emmigration from Germany - sulzbergerfamily So who are these other, potentially eccentric Sulzbergers? Under Joness leadership, the paper became increasingly Republican-leaning, especially after its damning expos of the citys Democratic Party leader William Tweed. The authors also provide the most detailed explanation to date of the family's business arrangements. For a brief moment, it looked like the Sulzberger name would depart the papers helm. In a smooth, well-paced narrative, they give a detailed account, including the family's many marital affairs, divorces, and jealousies. And if you dont be a little more careful, I may nuke you!. In assessing the performance of the Sulzbergers' newspaper, the authors frequently pull their punches. A year later, Sulzberger was named deputy publisher, overseeing the news and business departments. The owners drew criticism for the way the paper covered Jewish affairs, particularly the Holocaust. limited, and the bubble of affluence doesnt always produce heirs with 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, 37-year-old Arthur Gregg (A.G.) Sulzberger. The New York Times Company records. People expected the paper to go bankrupt, but Mexican billionaire Carlos Slim Helu stepped in before that happened. 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. 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. We learn more, for example, about the Cohens and the Goldens and some other branches of the family than we need to. But in the early decades of the twentieth century, the Times was struggling. 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. 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.. His mother was a descendant of Mayflower crew member John Alden and Plymouth Colony governor Edward Winslow. 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. Hostile place (1) Entertainer Kazan (1) Saintly aura (1) Dictionary label (1) Charity event (5)