The New York Times weathered some powerful storms in media over the last 20 years to transform itself into a digital publication with more than 11 million subscribers and $300 million in annual earnings.Unfortunately, success hasn’t carried over to a chunk of its 1.5 million square-foot... Continue reading >> [ Source: Crains New York | 2025-02-25 16:19:40 UTC ]
Compensation for Time Warner Chief Executive Jeffrey Bewkes — who is hoping to take a victory lap after orchestrating the sale of his company to AT&T — soared to $49 million in 2017, according to a regulatory filing. His 2017 compensation was 50% higher than the previous year, when he... Continue reading >> [ Source: Los Angeles Times | 2018-04-28 00:00:00 UTC ]
Houghton Mifflin Harcourt Co., the Boston-based education publisher facing financial headwinds, said it plans to cut as much as 10 percent of its workforce in effort to save money, according to regulatory filing. With a total workforce of 4,500 workers as of the end of last year, the cuts could... Continue reading >> [ Source: Silicon Valley Business Journal | 2017-04-20 00:00:00 UTC ]
A 5 p.m. deadline bore down on New York Times employees considering whether to accept buyout packages, a bid for the newspaper publisher to trim costs.The company has said there will be forced cuts if 100 jobs can't be eliminated through voluntary buyouts.Like many newspapers, the Times is... Continue reading >> [ Source: Advertising Age | 2014-12-02 00:00:00 UTC ]