» Will the Heirs to the NYT Sell?
The Chandlers sold the L.A. Times. The Bancrofts sold the Wall Street Journal. Could the Sulzbergers do the same with the New York Times?
It’s no secret the newspaper industry is in a time of upheaval, and there doesn’t appear to be any clear-cut successor in the family to lead the NYT. So what’s more important to the Sulzbergers—their inheritance or the pride and prestige that come with what is widely regarded as the world’s greatest newspaper? New York magazine takes a look.
From an early age, Sulzberger children are taught to value their role as stewards of the paper and servants to the public good. Privately, however, the family has always quarreled and debated among themselves, with cousins and brothers jockeying for power and influence, and occasional whispers of displeasure with Sulzberger’s leadership. Today there is greater possibility for division in the Sulzberger family than there was a decade ago.