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.
The Wall Street Journal Three months later, on August 1, 2007, News Corporation and Dow Jones entered into a definitive merger agreement.[26] The US$5Â billion sale added The Wall Street Journal to Rupert Murdoch's news empire, which already included Fox News Channel, financial network unit and London's The Times, and locally within New York, the New York Post, along with Fox flagship station WNYW (Channel 5) and MyNetworkTV flagship WWOR (Channel 9).[27]