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Published · transcript-backed

David Rosenthal: uncertainty

18 Feb 2021 Acquired The New York Times Company

“I don't know if they were friends or something, but it was originally an Ochs quote.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
uncertainty
Recorded
18 Feb 2021
Publisher
Acquired

Transcript context

…No way. Yeah. I don't know if they were friends or something, but it was originally an Ochs quote. In 1916 Ochs said, “I affirm that more than 50% of money spent on advertising is squandered and is a sheer waste of printers ink.” Wanamaker got a hold of that. He was an advertiser, a retailer in Philadelphia, and turned it around to, “I know half the money I spend on advertising. I just can never find out which half.” Super cool. Ochs becomes the premier newspaperman in New York, if not America, and if not the world. Before we pull too far forward from this time. There's one interesting fun anecdote.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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