Skip to comments.Retiring New York Times publisher to be replaced by his son
Posted on 12/15/2017 1:14:57 AM PST by Olog-hai
The publisher of The New York Times Co. is stepping down after 25 years and will be succeeded by his 37-year-old son, the Times announced Thursday.
Arthur O. Sulzberger Jr. will retire as of Dec. 31 but will remain as chairman of the board of directors, the Times said. His son and current deputy publisher, Arthur Gregg Sulzberger, will take over as publisher.
It is the greatest honor to serve The Times and the people who make it what it is as the next publisher, the younger Sulzberger, known as A.G., said in a staffwide email.
Sulzberger praised his father as the only publisher of his generation who took the reins of a great news organization and left it even better than he found.
A.G. Sulzberger will be the fifth generation of the Ochs-Sulzberger family to serve as publisher since Adolph Ochs, his great great-grandfather, bought the Times in 1896.
(Excerpt) Read more at hosted.ap.org ...
Gosh how Middle Ages of them.
Sulzberger praised his father as the only publisher of his generation who took the reins of a commie news organization and left it in so much debt to Mexican billionaire Carlos Slim that it has no chance of survival .
Largest single investor in the NYT newspaper now:
Carlos Slim. MEXICAN.
That was as of 2015. If it has changed, sorry.
After doubling his stake in New York Times, Mexican billionaire Carlos Slim has become the top shareholder of the New York Times.
Reuters reports that Slim has exercised warrants purchased in 2009 that double his holdings in the paper to 16.8 percent. His shares are valued at $341.4 million.
Though the Times has not always been the best investment for Slim, his large stake in the paper has exempted him from being the target of negative coverage.
Please see full article here:
Newspaper industry about to go the same way as the old Blacksmith industry.
Just like the Kims of NORK. Or the Bushes of the NWO.
Oh, really? Then why is it that the NYT headquarters building in Manhattan now has 8 empty floors in it? Why is it that the NYT is deeply in the red (financially and otherwise)?
But considering the NYT’s collapsing readership “Pooch” should be called “Poop.”
Just like North Korea!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.