A Three-Way Family Contest to Become the Next Publisher of the New York Times

The issue of succession is a difficult matter not just for family-run businesses but for the families that run them. Take the Murdochs, for instance. Or the Binghams, the Kentucky newspaper clan that imploded in the 1980s. Historically speaking, transitions in the Sulzberger family, which has run the New York Times for 119 years, have not gone all that smoothly.