who owns nyt

2 hours ago 1
Nature

The New York Times is owned by The New York Times Company, a publicly traded company. The majority ownership and control are held by the Sulzberger family, descendants of Adolph Ochs, who purchased the paper in 1896. The Sulzberger family holds most of the Class B shares through a trust, which gives them around 70% control of the board of directors, despite the company being publicly traded. A. G. Sulzberger, a member of the Sulzberger family, is the current chairman and publisher of The New York Times. Meanwhile, other shareholders, including institutional investors like Vanguard Group and BlackRock, hold Class A shares with limited voting power compared to Class B shares owned by the family.