Why We ‘Drop’ the Ball on New Years — TodayIFoundOut HD

→Subscribe for new videos every day! http://bit.ly/todayifoundoutsubscribe →Why Do Superheroes Wear Their Underwear on the Outside?: http://bit.ly/1Ow7J0K Never run out of things to say at the water cooler with TodayIFoundOut! Brand new videos 7 days a week! More from TodayIFoundOut Inventing the TV Dinner http://bit.ly/1hY3C31 The Celestial Message in a Bottle http://bit.ly/1Ny5350 In this video: When Adolph Ochs purchased the floundering New York Times in 1896, he made it his mission to make the newspaper the number one paper in all of New York. He started by forming the New York Times Company and made himself the majority owner, ensuring the financial health of the paper. Next, he lowered the price of a daily edition from three cents to one cent. Readership began to ascend. Then, he moved the entire staff into a new shiny building in the middle of Manhattan, to a place called Longacre Square, later renamed Times Square. Want the text version?: http://www.todayifoundout.com/index.php/2013/12/drop-ball-new-years/ Sources: http://timessquareball.net/new-years-eve-ball-history/ http://blog.insidetheapple.net/2009/12/why-does-ball-drop-in-times-square-on.html http://www.thedailybeast.com/articles/2012/12/28/why-do-they-drop-a-ball-on-new-year-s-in-new-york.html http://www.theatlantic.com/technology/archive/2012/12/why-nyc-drops-an-11-875-pound-ball-on-new-years-eve/266654/ http://en.wikipedia.org/wiki/Times_Square_Ball http://en.wikisource.org/wiki/1922_Encyclop%C3%A6dia_Britannica/Ochs,_Adolph_S. http://en.wikipedia.org/wiki/Times_Square http://www.balldrop.com/article/history-of-times-square-ball-drop http://en.wikipedia.org/wiki/Time_ball http://en.wikipedia.org/wiki/Adolph_Ochs http://www.shutterstock.com/gallery-962888p1.html?cr=00&pl=edit-00