The Press: Family Fief

Since 1896, when a German immigrant's son named Adolph S. Ochs took control of the anemic New York Times, the paper has grown into a sturdy publication—and a tightly held family fief. Lacking a son, Publisher Ochs chose his next most eligible successor, lived long enough to see his son-in-law, Arthur Hays Sulzberger, take over. Under Sulzberger, the Times grew richer and stronger than ever. This week, as he approached his 70th birthday, Times Publisher Sulzberger decided that the time had come to place the family paper in more youthful hands. The Times's new publisher, formally introduced at an annual...

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