who owned the new york times in 1971
The New York Times In 1896, Adolph Ochs bought The New York Times, a money-losing newspaper, and formed the New York Times Company. The Ochs-Sulzberger family, one of the United States' newspaper dynasties, has owned The New York Times ever since.[38] The publisher went public on January 14, 1969, trading at $42 a share on the American Stock Exchange.[95] After this, the family continued to exert control through its ownership of the vast majority of Class B voting shares. Class A shareholders are permitted restrictive voting rights while Class B shareholders are allowed open voting rights.