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AP Photo/Richard Drew, File

Longtime New York Times Publisher Arthur O. Sulzberger, Jr. is retiring at the end of the year, a position he's had for roughly 25 years since 1992. His son, Arthur Gregg (A.G.) Sulzberger has been named the new Times Publisher.

Why it matters: The family business lives on. A.G. becomes the fifth generation-Publisher to lead the news company, since his great, great grandfather Adolph S. Ochs bought the paper and was named publisher in 1896. The company has since gone public, but the Sulzberger family owns stock that gives it control over company functions.

A.G. was long-speculated to recieve the position after being promoted to Deputy Publisher last year. His two cousins, David Perpich and Sam Dolnick, who both hold high-level positions within the company, were also rumored to take the reigns.

In a statement, Arthur praised his son's ability to continue to lead The Times' transformation into a modern-day digital media company.

"I am completely confident that he (A.G.( - and his cousins who are working alongside him - will dedicate themselves to preserving the excellence at The Times that my family has been committed to for over 120 years.”

Under Arthur O. Sulzberger, Jr., The New York Times has managed to transform the company into a consumer-first business that relies more on subscription revenue than advertising.

  • The feat is significant given that many in today's media landscape are sturggling to monetize dgital advertising businesses amid the advertising dominance of Google and Facebook.
  • The Times recently announced that it now has more than 3.5 million paid subscriptions and more than 130 million monthly readers — more than double its audience just two years ago.

Go deeper

DOJ: Capitol rioter threatened to "assassinate" Alexandria Ocasio-Cortez

Supporters of former President Trump storm the U.S. Captiol on Jan. 6. Photo: Kent Nishimura / Los Angeles Times via Getty Images

A Texas man who has be charged with storming the U.S. Capitol in the deadly Jan. 6 siege posted death threats against Rep. Alexandria Ocasio-Cortez (D-N.Y.), the Department of Justice said.

The big picture: Garret Miller faces five charges in connection to the riot by supporters of former President Trump, including violent entry and disorderly conduct on Capitol grounds and making threats. According to court documents, Miller posted violent threats online the day of the siege, including tweeting “Assassinate AOC.”

Schumer calls for IG probe into alleged plan by Trump, DOJ lawyer to oust acting AG

Jeffrey Clark speaks next to Deputy US Attorney General Jeffrey Rosen at a news conference in October. Photo: Yuri Gripas/AFP via Getty Images.

Senate Majority Leader Chuck Schumer (D-N.Y.) on Saturday called for the Justice Department inspector general to investigate an alleged plan by former President Trump and a DOJ lawyer to remove the acting attorney general and replace him with someone more willing to investigate unfounded claims of election fraud.

Driving the news: The New York Times first reported Friday that the lawyer, Jeffrey Clark, allegedly devised "ways to cast doubt on the election results and to bolster Mr. Trump’s continuing legal battles and the pressure on Georgia politicians. Because Mr. [Jeffrey] Rosen had refused the president’s entreaties to carry out those plans, Mr. Trump was about to decide whether to fire Mr. Rosen and replace him with Mr. Clark."

4 hours ago - World

Brazil begins distributing AstraZeneca coronavirus vaccine

Containers carrying doses of the Oxford/AstraZeneca vaccine arrive in Brazil. Photo: Maurio Pimentel/AFP via Getty Images

Brazil on Saturday began distributing the 2 million doses of the AstraZeneca coronavirus vaccine that arrived from India Friday, Reuters reports.

Why it matters: Brazil has the third highest COVID-19 case-count in the world, according to Johns Hopkins University data. The 2 million doses "only scratch the surface of the shortfall," Brazilian public health experts told the AP.

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