ITV chief's remuneration rises by 189% on 2012, boosted by shares awarded in 2010 and company's performance share planITV chief executive Adam Crozier's total remuneration almost tripled to more than £8m last year, boosted by the award of shares worth nearly £6m under incentive schemes.Crozier earned an overall remuneration packet of £8.4m in 2013, a 189% increase from the £2.9m he received in 2012, according to ITV's annual report for last year, published on Thursday.The figure rocketed last year because Crozier was awarded £3.95m in shares under a joining package agreed when he took up the role in 2010 and he received a further £2.04m in stock from the company's performance share plan (PSP).Crozier received £2.4m in 2013 in cash and pension contributions, including a bonus of £1.4m and a base salary of £841,000. Crozier's cash and pensions contributions were up 6.7% on the year. Crozier's base salary was up 2.81% from £818,000 the year previous.Crozier's £1.4m bonus equates to 93% of what he could have taken home.ITV said: "The increase in total remuneration for the chief executive from 2012 to 2013 results from the vesting of this joining award in 2013, together with the first vesting under a PSP award since he joined ITV. The level of vesting of both awards reflects the outstanding performance to date and a significant increase in share price."ITV chairman Archie Norman, who also joined the broadcaster in 2010, took home an overall pay package of £500,000 in 2013,... Continue reading at 'The Guardian'
[ The Guardian | 2014-03-20 00:00:00 UTC ]
On the chilly evening of March 13, authors, editors, agents, publishers, and publicists crowded into the auditorium at the New School for the National Book Critics Circle Award ceremony, which celebrated the best titles released in 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-14 00:00:00 UTC ]
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Lagardère Publishing reported profits of 223 million euros in 2013, flat with 2012; its U.S. subsidiary, Hachette Book Group, had “significantly higher” EBIT. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-12 00:00:00 UTC ]
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Businesses in cities with Local First associations saw sales rise 7% versus 2.3% in those without. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-07 00:00:00 UTC ]
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Sales in Houghton Mifflin Harcourt’s trade division rose 9% in 2013, to $170.7 million, and adjusted EBITDA declined to $24 million from $29 million in 2012. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-06 00:00:00 UTC ]
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The author's "Tenth of December" was fittingly the tenth winner of the short fiction award, which came with a $20,000 prize. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-03-05 00:00:00 UTC ]
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The leading French cultural product chain Fnac may have turned the corner financially,... Continue reading at The Bookseller
[ The Bookseller | 2014-02-28 00:00:00 UTC ]
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Pearson reported a contribution to earnings of 78 million pounds from Penguin and Penguin Random House in 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-28 00:00:00 UTC ]
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Reka Simonsen will be joining us at Atheneum Books for Young Readers as executive editor, effective March 10. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-27 00:00:00 UTC ]
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U.K. illustrated book publisher the Quarto Group reported revenue of $176.3 million for 2013, a slight decline from the $180.9 million reported in 2012. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-26 00:00:00 UTC ]
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The Quarto Group has rebranded its publishing divisions, and announced what c.e.o. Marcus Leaver... Continue reading at The Bookseller
[ The Bookseller | 2014-02-26 00:00:00 UTC ]
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Indie bookselling continues to grow with the addition of new stores and a dozen stores that changed hands. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-21 00:00:00 UTC ]
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Fifty titles in 10 categories are in contention for the awards, which will be revealed in April. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-19 00:00:00 UTC ]
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Hanover Publisher Services, a small press distribution unit operated by Steerforth Press, had a big year in 2013 reporting revenue rising 50%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-14 00:00:00 UTC ]
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Bookstore sales fell to $13.19 billion in 2013, down 1.6% compared to 2012, according to preliminary estimates released last week by the U.S. Census Bureau. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-14 00:00:00 UTC ]
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Operating income at Simon & Schuster rose 32% in 2013, to $106 million on a sales increase of 2.4%, to $809 million, parent company CBS reported. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-12 00:00:00 UTC ]
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Finishing a strong second year, Worthy Publishing Group sees an 84% increase in sales in 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-12 00:00:00 UTC ]
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Bookstore sales in 2013 fell 1.6%, to $13.19 billion, according to preliminary estimates from the U.S. Census Bureau. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-12 00:00:00 UTC ]
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Driven by a solid fourth quarter and good sales for the year in the U.S., Lagardere reported sales of 2.07 billion euros in its publishing division for 2013, down from 2.08 billion in 2012. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-11 00:00:00 UTC ]
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Skyhorse Publishing broke a new record in 2013, reporting revenue up by 14% in the year, topping $26 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-10 00:00:00 UTC ]
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Despite the challenge of competing with online booksellers, Canadian independents contacted by PW reported that 2013 was an encouraging year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-07 00:00:00 UTC ]
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