<P> As of 2013, the newspaper had 6 news bureaus in the New York region, 14 elsewhere in the United States, and 24 in other countries . </P> <P> In 2009, Russ Stanton, editor of the Los Angeles Times, a competitor, stated that the newsroom of The New York Times was twice the size of the Los Angeles Times, which had a newsroom of 600 at the time . </P> <P> In 1896, Adolph Ochs bought The New York Times, a money - losing newspaper, and formed the New York Times Company . The Ochs - Sulzberger family, one of the United States' newspaper dynasties, has owned The New York Times ever since . The publisher went public on January 14, 1969, trading at $42 a share on the American Stock Exchange . After this, the family continued to exert control through its ownership of the vast majority of Class B voting shares . Class A shareholders are permitted restrictive voting rights while Class B shareholders are allowed open voting rights . </P> <P> The Ochs - Sulzberger family trust controls roughly 88 percent of the company's class B shares . Any alteration to the dual - class structure must be ratified by six of eight directors who sit on the board of the Ochs - Sulzberger family trust . The Trust board members are Daniel H. Cohen, James M. Cohen, Lynn G. Dolnick, Susan W. Dryfoos, Michael Golden, Eric M.A. Lax, Arthur O. Sulzberger, Jr. and Cathy J. Sulzberger . </P>

Who owned the new york times in 1971