If you are a fan of the traditional newspaper, particularly the prestigious national “newspaper of record” then you should note the announced retirement of Arthur Ochs Sulzberger, Jr. as Chairman of the Board of The New York Times Company
Sulzberger was the Publisher of the New York Times NYT +2.9% from 1992 to 2017. Sulzberger led the paper and the company through the most challenging times of print newspapers since their creation, no doubt. Sulzberger became publisher of The Times in 1992, succeeding his father, Arthur Ochs Sulzberger, and served in that role until 2017 when he was succeeded by his son, A.G Sulzberger, as Publisher of The Times. Mr. Sulzberger, Jr. will be Chairman Emeritus of the Company. The Sulzberger family controls The New York Times Company due to their super-voting shares, Class B stock.
Arthur Ochs Sulzberger, Jr. presided over the great expansion of The New York Times as a powerful national newspaper, alongside its dominance in the greater New York area. For many of us who grew up in the digital media world, Sulzberger led the New York Times’ many forays into innovation, including digital content and distribution. The New York Times had an early commitment to placing its content on the Internet and across the various digital platforms available. The Times also focused deeply on paid content, which was a novel concept advanced by the digital management at The Times with the backing of Sulzberger. The early and strong commitment of The Times to valuing their content as premium content, deserving to be paid for by consumers, has allowed The Times to continue to grow overall subscription numbers. The Times has built up many millions of paid digital subscribers for the overall newspaper offering, as well as launching and growing a series of niche digital products that have also been introduced by The Times.
Quoted in his own newspaper, the new Chairman of The New York Times Company, A. G. Sulzberger said of his father, “As publisher and chairman, Arthur brought more change to The Times than anyone since Adolph Ochs. His tenure stretched from the first front-page color photo to experiments in augmented reality, from the heyday of print advertising to digital revenue eclipsing print.”
In the category of interesting personal tidbits, The Times’ story on the change of leadership at Company, described the retiring Chairman as a Star Trek fan and a rock climber.