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.
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.
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; Arthur Ochs Sulzberger Jr., the paper's publisher and the company's chairman, is the fourth generation of the family to helm the paper.
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.
Since the mid-1970s, The New York Times has greatly expanded its layout and organization, adding special weekly sections on various topics supplementing the regular news, editorials, sports, and features. Since 2008, The New York Times has been organized into the following sections: News, Editorials/Opinions-Columns/Op-Ed, New York (metropolitan), Business, Sports of The Times, Arts, Science, Styles, Home, Travel, and other features. On Sunday, The New York Times is supplemented by the Sunday Review (formerly the Week in Review), The New York Times Book Review, The New York Times Magazine and T: The New York Times Style Magazine (T is published 13 times a year). The New York Times stayed with the broadsheet full page set-up (as some others have changed into a tabloid lay-out) and an eight-column format for several years, after most papers switched to six, and was one of the last newspapers to adopt color photography, especially on the front page.