New York Times

New York Times in a daily newspaper, owned by The New York Times Company. NYT was founded in September 18 1895 by a journalist, Henry Jervis Raymond as the New York Daily Times. Previously, it never used to publish on Sundays but due to demand and need of coverage and information from the civil war, its first Sunday edition was published on April 21st 1861. NYT is termed as the largest national metropolitan daily newspaper in the USA. New York Times motto reads 'All the News that’s fit to Print', hence said to publish what people will find interesting to read. The New York Times is the prime winner of Pulitzer prizes and has gone home with 101 of them. Nationwide prices of the New York go for $2 for daily, For Sunday edition in and around the city are $5 while in the metropolitan area is $6 or $7.

New York Times is currently rank third after USA Today and The Wall Street Journal. It’s said that since 1980s, this is the first time NYT circulation has fallen below the 1 million mark. Due to this, layoffs and expense cutting have been made to maintain its economical situation.

The sole owners of New York Times are the Ochs-Sulzberger family. This is because, the partners involved in The New York Times activities are classified into Class A, B and C, and in these classes only Class B has the voting mandatory, and it constitutes most of people from that family. Its contents are arranged into 8 columns, the only News paper that has maintained that format as others switched to the six column format.