Nicknamed "The Old Gray Lady" or The Times, this newspaper was founded as The New-York Daily Times in 1851 by Henry J. Raymond and George Jones as a sober alternative to the more partisan newspapers that dominated the New York journalism of the time. In its very first edition on September 18, 1851, the paper stated,
Adolph Ochs acquired the Times in 1896 and under his guidance the newspaper achieved an international scope, circulation, and reputation. It is currently owned by The New York Times Company, in which descendants of Ochs, principally the Sulzberger family, maintain a dominant role.
The Times enjoys the reputation of being a generally reliable source of news. The editorial position of the Times is often regarded as liberal in its interpretation of social issues and events. However, it does have a mix of editorial columnists, ranging in approximate political position (left to right): Maureen Dowd, Paul Krugman, and Thomas Friedman, William Safire and David Brooks, formerly of The Weekly Standard magazine.
In 2003, the Times admitted to journalism fraud committed over a span of several years by one of its reporters, Jayson Blair, and the general professionalism of the paper was questioned.
See also: New York Times bestseller list
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