The New York Times (sometimes abbreviated as The NYT or The Times) is an American newspaper based in New York City. Founded in 1851, the paper has won 125 Pulitzer Prizes, more than any other newspaper.
As of September 2016, it had the largest combined print-and-digital circulation of any daily newspaper in the United States1. The New York Times is ranked 17th in the world by circulation.
The paper is owned by The New York Times Company, which is publicly traded but primarily controlled by the Ochs-Sulzberger family through a dual-class share structure. It has been owned by the family since 1896; A.G. Sulzberger, the paper’s publisher, and his father, Arthur Ochs Sulzberger Jr., the company’s chairman, are the fourth and fifth generation of the family to helm the paper.
Nicknamed “The Gray Lady”, The New York Times has long been regarded within the industry as a national “newspaper of record”. The paper’s motto, “All the News That’s Fit to Print”, appears in the upper left-hand corner of the front page. The paper was founded as the New-York Daily Times on September 18, 1851 by journalist and politician Henry Jarvis Raymond and former banker George Jones, and was initially published by Raymond, Jones & Company. Early investors in the company included Edwin B. Morgan, Christopher Morgan, and Edward B. Wesley.
Since the mid-1970s, The New York Times has greatly expanded its layout and organization, adding special weekly sections on various topics supplementing the regular news, editorials, sports, and features. Since 2008, The New York Times has been organized into the following sections: News, Editorials/Opinions-Columns/Op-Ed, New York (metropolitan), Business, Sports of The Times, Arts, Science, Styles, Home, Travel, and other features. On Sunday, The New York Times is supplemented by the Sunday Review (formerly the Week in Review), The New York Times Book Review, The New York Times Magazine and T: The New York Times Style Magazine. The New York Times stayed with the broadsheet full page set-up and an eight-column format for several years after most papers switched to six, and was one of the last newspapers to adopt color photography, especially on the front page.
The New York Times switched to a digital production process sometime before 1980 but started maintaining a digital archive that year.
In 2009, the newspaper began production of local inserts in regions outside of the New York area. Beginning October 16, 2009, a two-page “Bay Area” insert was added to copies of the Northern California edition on Fridays and Sundays. The newspaper commenced production of a similar Friday and Sunday insert to the Chicago edition on November 20, 2009. The inserts consist of local news, policy, sports, and culture pieces, usually supported by local advertisements.
Following industry trends, its weekday circulation had fallen in 2009 to fewer than one million.
In August 2007, the paper reduced the physical size of its print edition, cutting the page width from 13.5 inches (0.34 m) to a 12 inches (0.30 m). This followed similar moves by a roster of other newspapers in the previous ten years, including USA Today, The Wall Street Journal, and The Washington Post.
Because of its steadily declining sales attributed to the rise of online alternative media and social media, the newspaper has been going through a downsizing for several years, offering buyouts to workers and cutting expenses, in common with a general trend among print news media.
In December 2012, the Times published “Snow Fall”, a six-part article about the 2012 Tunnel Creek avalanche which integrated videos, photos, and interactive graphics and was hailed as a watershed moment for online journalism2.