Citing the need for new and younger leadership, Art Zimmer has sold the alt-weekly to local entrepreneur William Brod, who took over operations Wednesday morning. Zimmer, who is 71 years old, purchased the paper in 1984. In a letter to the staff, Zimmer says he's had "several opportunities to sell the paper (and for more money), but most included out of town people. I feel local ownership of media, especially like the New Times is very important." Brod says he doesn't expect any layoffs as a result of the ownership change; in fact, he says he plans to hire new staff soon to beef up New Times' web presence. "I think the New Times is in a unique and the most unique position to speak to the community in a way no other media organization can," Brod says. "We can be proactive, go to people, bring people together we can follow up and push politicians and heads of organization or in authority to do what they should do or said they were going to do."
"Twenty years ago, when I ended my anniversary note with 'I look forward to the second 20 years,' I had no idea how fast the second two decades would go," writes publisher and owner Art Zimmer. "I feel the next 20 years will be even bigger and better for The New Times and all of Central New York. Sure, things are down right now, but those of us who have been around 40 years or more (like The New Times) have seen these down cycles several times already."
The fifth alternative newsweekly founded in the U.S. began as the Orange Pennysaver in 1969 and took its present name the next year in recognition of the end of old established times and the birth of a new counterculture era. The paper risked being shut down in 1984 but was rescued when the current publisher, a Syracuse-area businessman named Art Zimmer, bought it in part as a vehicle to publish his skiing column. The paper celebrates its anniversary with an airy new design and an overview of the paper's history.
