For over a century, The New York Times has been a dominant force in American journalism, winning more Pulitzer Prizes than any other newspaper. Its success is largely due to the vision of Adolph Ochs, a publisher from Chattanooga who bought the near-bankrupt New York Times in 1896. Promising “to give the news impartially” and cutting prices from three cents to one cent, Ochs turned around the paper’s fortune, increasing its daily circulation tenfold within five years. Ochs’ legacy extended beyond his own lifetime. Upon his death, the Ochs Trust was created to become the paper’s anchor shareholder, with trustees instructed to keep the Times “free of ulterior influence.” Subsequent publishers resisted pressures from presidents to big businesses to maintain journalistic independence. At the end of the twentieth century, the Times faced a new challenge. The internet was disrupting the news industry. Well-versed in Christensen’s Innovator’s Dilemma, the paper’s leadership team invested heavily in digital technologies, transitioning its business model for the online era. Despite the commercial success, online news brought new pressures. Real-time journalism compromises editorial oversight, while subscription revenue rewards stories that reinforce readers’ worldviews. Balancing commercial reality with impartial journalism remains the Times's defining challenge.