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Sulzberger Family Member Lands Job at New York Times!
Financial Predators Finally Interested in Boston Globe
NYT's Sulzbergers: Broke, Dangerous
NYT Co. Sinks Further Into the Abyss
Sulzberger Son Being Taught By the Best
New York Times Co. Suspends its Dividend
How Long Can the Great Media Families Last?
The New York Times Cash Crunch

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RuthHeracles
09/28/09

In reply to Sulzberger Family Member Lands Job at New York Times!
in case anyone is still reading, dolnick has his first story in the paper today. a fluff piece, which is what he seems to specialize in. he's a decent writer but definitley wouldn't have landed a job at NYT without the family connections.
i knew him and his wife heidi while they were here in delhii. he's a true american hipster, and she's a twit who tried to be a journalist but couldn't get anything published despite being married to a sulzburger.
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procrastination_state
10/12/09

@RuthHeracles: Wow. You're a bitter ass who can't spell "Delhi" or "definitely". Or get approved as a commenter. Good luck with that.
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Cynical Media Bitch
08/21/09

In reply to Sulzberger Family Member Lands Job at New York Times!
If anyone is still reading this one, Sam Dolnick and A.G. are second cousins, according to the family tree.
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HypocriticalOath
08/21/09

In reply to Sulzberger Family Member Lands Job at New York Times!
How nepotunistic!
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BigMaybelle
08/21/09

In reply to Sulzberger Family Member Lands Job at New York Times!
I worked with Sam and he's one of the most intelligent, unassuming, funny, sincere people I've been on deadline with. He's also really cute! A boon to any newsroom, bloodline or not.
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m4ximusprim3
08/21/09

@BigMaybelle: Sam? Doe you always talk about yourself in the third person?
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BigMaybelle
08/21/09

@m4ximusprim3: Sam I not am.
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SanFranLefty
08/21/09

In reply to Sulzberger Family Member Lands Job at New York Times!
I wish my great-great-grandfather hadn't been such a slacker growing potatoes in Ireland.
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Cynical Media Bitch
08/21/09

In reply to Sulzberger Family Member Lands Job at New York Times!
Sounds like a first-cousin-once-removed deal to me. That being out of the way:

As fashionable as it is to sneer at anyone who gets a job because of inside connections, is there anyone here who is too proud to use them?

I didn't think so.

To be honest, I think it's a good sign for the NYT that the younger generation is getting involved with the business. You know how Ford has managed to struggle through the last couple of years? Smart/lucky financial management, and strong involvement from the folks whose name is on the building. Had GM and Chrysler not been playthings for financiers for so long, they might have been in better shape to weather this crisis.

The reason Hearst was able to take over its hereditary enemy (the SF Chronicle) is because the deYoung-Therriot heirs wanted to cash out, like now. And now Hearst is threatening to shut down the paper, because its real estate in SoMa is worth more than the business.

In other words, if you care about the future of the Times, you'd better pray that young Sulzbergers and their cousins want to work there. Otherwise, it's just another asset to be liquidated when convenient or necessary.
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Edited by Cynical Media Bitch at 08/21/09 12:00 PM

HypocriticalOath
08/21/09

@Cynical Media Bitch: I am all for NYT getting the youngins involved. But as someone who used to work with another media clusterf*ck, Cablevision, the only thing the younger relatives do is spy and report back to the crypt keepers. There are plenty o' young folk who really need jobs who can keep the paper fresh. You know, ones without trust funds?
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Cynical Media Bitch
08/21/09

@HypocriticalOath: I think that says more about the Dolans and Cablevision than it does anything else. No, it's not good when the next generation is just a weaselly front for Mom and Pop. (I'm looking at you, Jed York.)

I don't have a trust fund either, should I be putting that I my resume? Being someone who "really needs a job" isn't reason enough to get hired, as I can tell you from first-hand experience.

Why do I fear that making the Times "fresh" is not good for the quality of journalism? Just a hunch, maybe?
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clintosterholz
08/21/09

In reply to Sulzberger Family Member Lands Job at New York Times!
Well at least the New York Times hasn't laid off dozens of qualified journalists! Otherwise this would be rather insulting to everyone else who has to actually work to get a job.
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Glib and Bitchy
08/21/09

In reply to Sulzberger Family Member Lands Job at New York Times!
Punch
Pinch
Punk'd
Prepped
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Edited by Glib and Bitchy at 08/21/09 11:47 AM Glib and Bitchy was starred Glib and Bitchy was unstarred

Pesti-Esti
08/21/09

In reply to Sulzberger Family Member Lands Job at New York Times!
Let me put it this way, Hamilton. You should pray Denton never has children.
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TRexstasy
08/07/09

In reply to Financial Predators Finally Interested in Boston Globe
YR DYIN INDUSTRY
IZ DELISHUS, THX
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m4ximusprim3
08/07/09

@TRexstasy: OH HAI! SUM1 SHAT ON THIZ PAPR ALRDY!
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Lymed
08/07/09

In reply to Financial Predators Finally Interested in Boston Globe
Is there a Tweety bird in that newspaper Sylvester?
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cdmunch
05/11/09

In reply to NYT's Sulzbergers: Broke, Dangerous
It's sad and wrong that a group that owns such a small percentage of stock as so much control over a company. I mean it's nice that they feel so patriarchal and all, but a $30 million share in the NY Times shouldn't translate into the kind of hold they have over the paper. And super voting shares are awful, they depress the rest of the stock as a whole because investors calculate how their dividends and authority is diluted versus these shares. Odd that the family is broke, too, didn't they diversify in anything outside the company over the last 100 years? Do any of them have real jobs outside the media?
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DaveCrabtree
05/11/09

@cdmunch: I agree with you completely on the supervoting stock. The stock exchanges won't allow companies with disproportionate voting rights to list their shares, but the Times and Ford Moter were grandfathered. My guess is that Slim or any sensible debtholder who agrees to take equity to satisfy his debt won't allow it to continue or will insist on getting voting stock.

I don't know much about the Sulzberger family, but I've read that they've not diversified as much as others in their situation. I'm sure many of them have real jobs, but there's nothing like an extra $20 million a year to share among you and your cousins to take the edge off of being a wage slave.
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If_I_Had_a_Poodle
05/11/09

@cdmunch: what? people are free *not* to buy it if they don't like the terms
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cdmunch
05/11/09

@DaveCrabtree: Usually with these families, they have one offspring who gets into real estate and sets up a resort town or buys half a city, and then you have another who marries into another fortune and then a third who is a whiz at investing and takes all that money and triples it every decade until a few generations later the family is so large and spread thin and saddled with heroin-addicts and loopy philanthropists married to broke but titled Europeans that they just piss it away in a generation.
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DaveCrabtree
05/11/09

@cdmunch: Haha, that's a classic American story. If I had more facility with this internet thing, I could point you to an article about the Sulzberger family that was published a couple of years ago (around the time the Bancrofts sold the WSJ). Maybe you can find it. I do remember thinking that there weren't any tycoons lurking among the Sulzbergers.
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DaveCrabtree
05/11/09

In reply to NYT's Sulzbergers: Broke, Dangerous
That headline is not quite correct. "Broke, Stupid, Desperate, Dangerous" is what you meant to write.
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Smitros
05/11/09

In reply to NYT's Sulzbergers: Broke, Dangerous
Es el verdadero Slim Shady.
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bytememehard
04/21/09

In reply to NYT Co. Sinks Further Into the Abyss
Now I feel guilty for taking the educational subscription rate of $18.40/mo for 7-day delivery.
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