The New York Times is an American daily newspaper founded and continuously published in New York City since 1851. Although it remains both the largest local metropolitan newspaper in the United States as well as being third largest overall, behind The Wall Street Journal and USA Today, the weekday circulation of the paper has fallen precipitously in recent years to fewer than one million copies daily for the first time since the 1980s. Nicknamed "The Gray Lady" and long regarded within the industry as a national "newspaper of record", the Times is owned by The New York Times Company, which also publishes 18 other regional newspapers including the International Herald Tribune and The Boston Globe. The company's chairman is Arthur Ochs Sulzberger Jr., whose family has controlled the paper since 1896.

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