The New York Times newspaper was first published in 1851 by The New York Company. Henry J. Raymond and George Jones were the co-founders of the publishing company. Its' purpose was to serve as a daily news source for residents of New York City that was objective, and the company continues to uphold this value today.
In the early stages when the company was first developed, producers set the cost of the paper to a single penny; equivalent to around $0.31 in today's monetary value. Adolph Simon Ochs bought the company in 1896, in which he infamously developed it into an international success. Now, the newspaper has a global readership and spreads stories to audiences around the world on a subscription basis. The company has migrated beyond its borders to bring its publications to websites and social media but still offers mail and delivery services.
The New York Times has received many Pulitzer Prizes for its extraordinary reporting and publishing. One of the most iconic moments from the brands' history is when they published the Pentagon Papers, winning them another Pulitzer Prize in 1972. During the rise of suspicions, The New York Times released information that revealed the development and origins of the Vietnam war. The United States government had secretly been working behind the scenes, but this became public once the papers were published. The Supreme Court ruled that The New York Times had the right to publish the Pentagon Papers, which led to the creation of a White House unit that was able to leak information to journalists.
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