Adolph Simon Ochs March 12, 1858–April 8, 1935 was an American newspaper publisher and former owner of The New York Times and The Chattanooga Times (now the Chattanooga Times Free Press).
At the age of 19, he borrowed $250 to purchase a controlling interest in
The Chattanooga Times, becoming its publisher. The following year he founded a commercial paper called
The Tradesman. He was one of the founders of the Southern Associated Press and served as president. In 1896, at the age of 38, he again borrowed money to purchase
The New York Times, a money-losing newspaper that had a wide range of competitors in New York City. He formed the New York Times Co., placed the paper on a strong financial foundation, and became the majority stockholder. In 1904, he hired Carr Van Anda as his managing editor. Their focus on objective news reporting, in a time when newspapers were openly and highly partisan, and a well-timed price decrease (from 3¢ per issue to 1¢) led to its rescue from near oblivion. The paper's readership increased from 9,000 at the time of his purchase to 780,000 by the 1920s.
In 1904, Ochs moved the
New York Times to a newly-built building on Longacre Square in Manhattan, which the City of New York then renamed as Times Square. On New Year's Eve 1904, he had pyrotechnists illuminate his new building at One Times Square with a fireworks show from street level.
On August 18, 1921, the 25th anniversary of reorganization, the staff of
The New York Times numbered 1,885. It was classed as an independent Democratic publication, and consistently opposed William Jennings Bryan in his presidential campaigns. By its fairness in the presentation of news, editorial moderation and ample foreign service, it secured a high place in American journalism, becoming widely read and influential throughout the United States.
Beginning with 1896, there was issued weekly a supplement, eventually called
The New York Times Book Review and Magazine. Gradually other auxiliary publications were added:
The Annalist, a financial review appearing on Mondays;
The Times Mid-Week Pictorial on Thursdays;
Current History Magazine, a monthly, started during World War I.
The New York Times Index started in 1913 and was published quarterly; it compared only with the similar
Index to London's
The Times.
In 1901, Ochs became proprietor and editor of the Philadelphia
Times, later merged in the Philadelphia
Public Ledger, of which he was sole owner from 1902–12, when he sold it to Cyrus H. K. Curtis.
According to Wolfgang Disch
[who?], it was during this time in 1916 that Ochs relayed one of his most famous quotes "I Affirm that more than 50% of money spent on advertising is squandered and is a sheer waste of printers's ink." This quote might be the origin of the common marketing saying "I know half the money I spend on advertising is wasted, but I can never find out which half", which has been falsely attributed to John Wanamaker. /Wikipedia
The New York Times Company
Company Perspectives:
The core purpose of The New York Times Company is to enhance society by creating, collecting and distributing high quality news, information and entertainment.
Key Dates:
- 1851: The New York Daily Times is founded by Henry Jarvis Raymond and George Jones, with the first issue appearing on September 18.
- 1857: The newspaper changes its name to the New York Times.
- 1869: Upon Henry Jarvis Raymond's death, George Jones assumes control of the newspaper.
- 1896: With the newspaper close to bankruptcy, a group of Wall Street investors arranges to save the firm--and their investments--by placing it in receivership and recapitalizing it as a new company, The New York Times Company; the paper's new publisher, Adolph Simon Ochs, adopts the slogan, "All the News That's Fit To Print."
- 1935: Following Ochs's death, his son-in-law, Arthur Hays Sulzberger, is elected president and publisher of the NYTC.
- 1963: Arthur Hays Sulzberger's son, Arthur Ochs Sulzberger, becomes president and publisher of the NYTC.
- 1965: The company embarks on its first major program of diversification, expanding its interests to include new newspaper, magazine, television, and book properties.
- 1995: The company enters cyberspace by joining with eight other newspaper companies in an online news service, New Century Network, and by creating The New York Times Electronic Media Company as a wholly owned subsidiary to develop new electronic products and distribution channels for the Times.
- 1997: The New York Times introduces color printing to its front page.
- 1999: Revenues reach an unprecedented $3.1 billion; the company invests $15 million in TheStreet.com, a top Internet provider of financial information and investment news and commentary.
- 2000: The company sells its Magazine Group to Advance Publications, Inc.
- 2001: The company is awarded six Pulitzer Prizes for the New York Times's coverage of the events of 9/11. /Answers http://www.answers.com/topic/the-new-york-times-company:
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| Born | (1951-09-22) Arthur Ochs Sulzberger
September 22, 1951 (age 61)
Mount Kisco, New York, USA |
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| Nationality | American |
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| Education | BA in political science at Tufts University |
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| Occupation | Chairman, The New York Times Company
Publisher, The New York Times |
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| Spouse(s) | Gail Gregg (m. 1975) «start: (1975-05-24)»"Marriage: Gail Gregg to Arthur Ochs Sulzberger, Jr." Location: (linkback://en.wikipedia.org/wiki/Arthur_Ochs_Sulzberger,_Jr.) |
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| Children | 2 |
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| Born | Jill Ellen Abramson
(1954-03-19) March 19, 1954 (age 58)
New York City, United States |
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| Occupation | journalist, editor, author |
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| Notable credit(s) | The New York Times (1997–present)
The Wall Street Journal (1988–1997)
The American Lawyer (1977–1986)
Time (1973–1976) |
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| Title | Executive Editor |
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| | Spouse(s) Henry Little Griggs III (1981–present; 2 children
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March 12, 2013
Today's Headlines
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TOP NEWS
By MICHAEL M. GRYNBAUM A state court judge invalidated new restrictions on sweetened beverages on Monday, a day before they were set to take effect, saying the rules were "arbitrary and capricious."
By DENISE GRADY Most women with ovarian cancer, which kills 15,000 Americans a year, miss out on treatments that could add a year or more to their lives, a study found.
By MARK LANDLER and DAVID E. SANGER A speech by a White House official was the first public confrontation with China over cyberespionage and came days after a Chinese official rejected evidence of a military role in hacking.
QUOTATION OF THE DAY
"I've got to defend my children, and yours, and do what's right to save lives. Obesity kills. There's no question it kills."MAYOR MICHAEL R. BLOOMBERG, defending New York City's limits on large, sugary drinks, which were struck down by a judge.
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Opinion
Op-Ed Contributor
By EMILY BAZELON The word "bullying" is overused - expanding, accordionlike, to encompass both appalling violence or harassment and a few mean words.
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WORLD
By AZAM AHMED
In affluent Mazar-i-Sharif, an increasing number of suicides among young women has grown with such speed that the city's hospital and police say they have been overwhelmed.
By DANIEL J. WAKIN
The conclave to elect a pope, which starts Tuesday, begins with prayers chanted in an ancient language and ends with the unveiling of the supreme pontiff.
By HENRY FOUNTAIN
Progress during the papal conclave will be measured in the colors of the smoke that will emerge after the voting, but just how those colors are made remains a mystery.
U.S.
By MONICA DAVEY and MARY WILLIAMS WALSH
One of the largest cities to face mandatory oversight has come as a result of millions in uncollected fees, a flight of its affluent tax base and misguided hopes that downturns might melt away.
By ERIK ECKHOLM
An Arkansas bill to restrict abortions to early pregnancy, passed in spite of tough opposition to the lawmaker behind it, energized advocates of similar measures elsewhere.
By LIZETTE ALVAREZ
Rebuffing Gov. Rick Scott, a Florida Senate committee proposed using federal money to enroll low-income residents in private insurance as a compromise.
POLITICS
By JACKIE CALMES
Democrats said the overtures to Republicans were often resisted because of a sense of political danger in appearing too close to the president.
By JEREMY W. PETERS
Despite the fact that the spending plans will be miles apart ideologically, there are signs that some sort of compromise might be possible.
By JAMES RISEN
Defense Secretary Chuck Hagel's decision to review an overturned sexual assault conviction comes amid mounting criticism of the Pentagon's handling of such cases.
BUSINESS
By MARY WILLIAMS WALSH
In announcing a settlement, the agency said the state had misled investors about the health of its pension system.
By LIZ ALDERMAN
Among Italy's estimated six million companies, businesses of all sizes have been going belly up at the rate of 1,000 a day over the last year.
By THE ASSOCIATED PRESS
The inquiry, by the British Serious Fraud Office, is the latest legal fallout from a deal that has saddled H.P. with huge losses and depressed its stock price.
TECHNOLOGY
By SUSAN STELLIN
Civil liberties groups and some European regulators are questioning a plan that would determine which passengers pose a threat based on data collected by governments and airlines.
By JOSHUA BRUSTEIN
Daily fantasy sports sites, which have provided people with a legal way to play the odds online, seem increasingly vulnerable to legal challenge.
DealBook
By MARK SCOTT
The online betting site Intrade said that it had halted trading and frozen customer accounts after it had discovered potential financial irregularities.
SPORTS
By HARVEY ARATON
As the current Big East dissolves, Connecticut is contemplating an immediate future in an unheralded league and the likelihood of no traditional or natural geographic rivals.
By DAVID WALDSTEIN
Long known for lavish payrolls, the Yankees are showing an unfamiliar restraint to get themselves under a $189 million threshold that Major League Baseball has established for 2014.
By DAVID WALDSTEIN
General Manager Brian Cashman sent out feelers to veterans from Derrek Lee to Scott Rolen to Chipper Jones in hopes of saving the Yankees from their numerous injuries.
ARTS
Dance Review
By ALASTAIR MACAULAY
Paul Taylor recombines and juxtapose dances, like the new "To Make Crops Grow" alongside the very different "Le Sacre du Printemps (The Rehearsal)."
By FELICIA R. LEE
New York City is questioning whether it is paying more than its fair share into a system that includes some of its best-known cultural institutions.
Theater Review | 'Neva'
By CHARLES ISHERWOOD
"Neva" is a Guillermo Calderón play set in 1905 Russia and centering on Chekhov's widow, Olga Knipper.
NEW YORK / REGION
By MIREYA NAVARRO
New York City wants to raise revenue by leasing open land on the grounds of its housing projects, stirring deep concerns among residents wary of gentrification.
By MATT FLEGENHEIMER
The Metropolitan Transportation Authority detailed plans for a pilot program aimed at sterilization, using a product that would be placed in bait boxes inside the authority's trash rooms.
By SAM ROBERTS
As an unpretentious politician, Edward I. Koch never flaunted his wealth and lived a relatively modest lifestyle in a rent-controlled apartment on lower Fifth Avenue.
SCIENCE TIMES
By ETHAN HAUSER
The annual Intel Science Talent Search, with 40 finalists from more than 1,700 applicants this year, encourages young students to enter a life of science.
By Degrees
By JUSTIN GILLIS
While scientists race to develop a technology, probably nuclear-based, that can slake our energy thirst without a huge environmental cost, it would be folly to wait that long to tackle carbon emissions.
By SEAN B. CARROLL
Analyzing the DNA of dangerous butterflies who copy other unpalatable species, scientists have found that some shared color-controlling genes, signaling past interbreeding.
EDITORIALS
Editorial
New legal protections are needed to expand the guarantee of ballot access in every state.
Editorial
At a United Nations conference, Iran, Russia and the Vatican are working to block global standards protecting women against violence.
Editorial
A new report paints a distressing portrait of an agency buried helplessly in paperwork.
OP-ED
Op-Ed Columnist
By DAVID BROOKS
Effective energy innovation is not happening where you think it is, Dear Reader.
Op-Ed Columnist
By JOE NOCERA
In Oregon, extremists fight gun laws with harassment. It's the post-Newtown world.
Op-Ed Columnist
By FRANK BRUNI
The process for choosing the next pope is a recipe and metaphor for the Roman Catholic hierarchy's aloofness.
ON THIS DAY: On March 12, 1947, President Truman established what became known as the Truman Doctrine to help Greece and Turkey resist Communism.
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2012 NEWSPAPERS RANKING - 1) N Y Times
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