MEDIA
08/07/2013 08:24 pm ET | Updated Aug 07, 2013

New York Times 'Not For Sale,' Chairman Arthur Sulzberger Jr. Declares

AP

"The Times is not for sale," Times Company chairman Arthur Sulzberger Jr. and vice chairman Michael Golden declared in a statement Wednesday night.

On Monday, The Washington Post was sold to Amazon’s Jeff Bezos, ending four generations of family ownership.

The sale left the Sulzbergers as the only family running a major newspaper in the U.S.

"Will our family seek to sell The Times? The answer to that is no," the statement read. "The Times is not for sale, and the trustees of the Ochs-Sulzberger Trust and the rest of the family are united in our commitment to work together with the company’s board, senior management and employees to lead The New York Times forward into our global and digital future."

As HuffPost reported earlier Wednesday, the sale of The Washington Post has fueled speculation over the future of the Times.

In interviews with The Huffington Post, analysts and Times watchers say the sale of The Washington Post -- and how that iconic newspaper brand performs under its new owner -- will be closely scrutinized by the Sulzberger clan. While no sudden moves are expected, any initiatives undertaken by Bezos to inject new life into The Washington Post are likely to influence how that family thinks about their long stewardship of the nation’s paper of record.

It's been a busy week for media watchers. On Saturday, The New York Times Company sold the Boston Globe to Boston Red Sox owner John Henry.

The New York Times' finances appear to be stable though, and the company stands by its digital subscription as a success.

Sulzberger has repeatedly insisted that the paper is not on the market. Just last week, he slapped the table while affirming to The Daily Beast that the Times "is Not. For. Sale."

That said, The Washington Post was not publicly for sale either... until the deal was announced.

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