1878
Adolph Ochs bought the Chattanooga Times with a $250 down payment and a seller's note of $5,500.
“he negotiates with the guys who own the times in Chattanooga to buy the paper for a down payment of $250”
Topic
Adolph Ochs
6 facts from 1 episode, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
1890s
Adolph Ochs cut the Times's price from three cents to one cent to take readers from rival papers.
“he cuts the price from three cents down to one cent which would seem crazy like you're trying to make more money why would you cut the price”
1896
Adolph Ochs paid $75,000 up front to the creditors of the bankrupt Times, money he had raised from others.
“he pays $75,000 up front to the creditors which he also had scraped together with borrowed money”
1896
Adolph Ochs created the motto 'All the news that's fit to print' for the New York Times.
“he comes up with the phrase all the news that's fit to print and he's not too sure about it though”
1899
After the price cut, Times circulation tripled to about 30,000 in Ochs's first year and reached 76,000 by 1899.
“grows three X in his first year back up to 30,000 circulation by 1899 it's at 76,000”
1935
Adolph Ochs died in 1935 without naming a successor, leaving the decision to a vote among three relatives.
“Ox punted on the decision when he died in 1935 his will essentially left it to”
Episodes