<P> The New York Times (sometimes abbreviated as The NYT or The Times) is an American newspaper based in New York City with worldwide influence and readership . Founded in 1851, the paper has won 122 Pulitzer Prizes, more than any other newspaper . </P> <P> As of September 2016, it had the largest combined print - and - digital circulation of any daily newspaper in the United States . The New York Times is ranked 18th in the world by circulation . </P> <P> The paper is owned by The New York Times Company, which is publicly traded but primarily controlled by the Ochs - Sulzberger family through a dual - class share structure . It has been owned by the family since 1896; A.G. Sulzberger the paper's publisher and, his father, Arthur Ochs Sulzberger Jr. the company's chairman, is the fourth and fifth generation of the family to helm the paper . </P> <P> Nicknamed "The Gray Lady", The New York Times has long been regarded within the industry as a national "newspaper of record". The paper's motto, "All the News That's Fit to Print", appears in the upper left - hand corner of the front page . </P>

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