The "New York Times" logo originally had a period at the end. |
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Around the middle of the 20th century, the Times sought out ways to modernize its look. In 1967, art director Louis Silverstein redesigned the logo to appear stronger and more visually appealing, by making the thicker parts of the font even thicker and the thinner parts thinner. At the same time, he did away with the period at the end, which he believed made the overall logo look less sleek and more archaic. The change had an added financial benefit, too: Silverstein estimated that dropping the period would save roughly $600 in ink costs each year (around $5,500 today). The paper's logo has remained largely unchanged since then, outside of slight modifications to the thickness of the lettering. | |
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New Year's Eve in Times Square began as a celebration of "The New York Times." | |||||||||
On August 18, 1896, publisher Adolph Ochs acquired a controlling stake in the struggling New York Times. In an effort to revitalize the publication, he commissioned a new company headquarters located at the intersection of 42nd Street, Seventh Avenue, and Broadway in New York City — the heart of what is now Times Square. Ochs named the new building the Times Tower, and lobbied the city to rename the surrounding Longacre Square to Times Square after his company. The building officially opened on New Year's Eve in 1904, an event celebrated with a fireworks display attended by some 200,000 people. This marked the first New Year's Eve fireworks in Times Square, and another tradition followed shortly after: In 1907, Ochs organized the first Times Square ball drop at the company headquarters. | |||||||||
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