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 ]
Strong sales of digital audio were a key contributor to a 13% increase in profits at HarperCollins in the second quarter ended December 31, 2018. In discussing second quarter results, Robert Thomson, CEO of HC parent company News Corp, criticized Audible's domination of the downloadable audio... Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-02-08 00:00:00 UTC ]
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A strike at Canada Post late last year caused headaches at Indigo Books & Music, resulting in a dip in sales of 1.7% for the company's third quarter and a steep drop in earnings for the period. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-02-07 00:00:00 UTC ]
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Retailer insists Authors Guild report that criticised the online giant for contributing to tumbling writers’ incomes used flawed figures, but Guild stands by findingsAmazon has called the conclusions of a recent report into US author earnings flawed, after the Authors Guild suggested that the... Continue reading at The Guardian
[ The Guardian | 2019-01-16 00:00:00 UTC ]
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Authors Guild survey finds writers’ incomes have fallen dramatically in five years – with literary novelists worst-hitA major survey of American authors has uncovered a crash in author earnings described as “a crisis of epic proportions” – particularly for full-time literary writers, who are “on... Continue reading at The Guardian
[ The Guardian | 2019-01-08 00:00:00 UTC ]
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'A really outstanding new contemporary British voice': The Sunday Times/PFD Young Writer Award jurors are adamant in their praise for this year's winner. The post The UK’s Sunday Times/PFD Award Names Adam Weymouth Young Writer of the Year appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-12-07 00:00:00 UTC ]
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The All Party Writers Group (APWG) has delayed the report divulging the results of its authors' earnings inquiry until June 2019 to "expand the scope" of the investigation. Continue reading at The Bookseller
[ The Bookseller | 2018-12-06 00:00:00 UTC ]
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Revenue at John Wiley & Sons fell 1% in the second quarter ended October 31, compared to the same period a year ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-12-05 00:00:00 UTC ]
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Paul Baggaley at Picador has acquired world rights and audio from Cathryn Summerhayes at Curtis Brown for a new book by Adam Kay, author of hit bestseller This is Going to Hurt. Continue reading at The Bookseller
[ The Bookseller | 2018-11-02 00:00:00 UTC ]
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After completing another solid quarter, Simon & Schuster CEO Carolyn Reidy said that while business was soft in October because of distractions caused by the upcoming election, she believes sales will rebound after the midterm elections on November 6. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-01 00:00:00 UTC ]
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The Booker Prize Foundation has launched an online celebration for the Man Booker Prize’s 50th anniversary, charting key moments in the prize’s history. Continue reading at The Bookseller
[ The Bookseller | 2018-09-06 00:00:00 UTC ]
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Weidenfeld & Nicolson has acquired two new books by Adam Rutherford, British geneticist, broadcaster and author of A Brief History Of Everyone Who Ever Lived. Continue reading at The Bookseller
[ The Bookseller | 2018-08-31 00:00:00 UTC ]
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Revenue fell 3.3% in the first half of 2018 compared to a year ago at Penguin Random House, and earnings dropped 17%. The decline was attributed mainly to the negative impact of foreign exchange rates. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-30 00:00:00 UTC ]
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Capped by a blowout fourth quarter, HarperCollins reported that earnings for the fiscal year ended June 30, 2018 rose 23% over fiscal 2017, to $244 million. The earnings jump came on a 7% revenue rise, to $1.76 billion. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-10 00:00:00 UTC ]
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Former Sinn Féin leader Gerry Adams has revealed he is publishing a cookbook in time for Christmas. Continue reading at The Bookseller
[ The Bookseller | 2018-08-09 00:00:00 UTC ]
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Revenue in the first half of 2018 rose 1.4% over the comparable period in 2017 at the Hachette Book Group, parent company Lagardère reported, and profits rose by an unspecified amount. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-07-26 00:00:00 UTC ]
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Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
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Future's new album, Beastmode 2, is now the highest-charting streaming-only album, Billboard reports, debuting at No. 3 on Billboard's Hot 200. With this album, Future has dethroned Chance the Rapper, whose Coloring Book became the first streaming-ex... Continue reading at Engadget
[ Engadget | 2018-07-17 00:00:00 UTC ]
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Naming issues on which 'we are in almost complete alignment,' the UK's author-advocacy organization and revenue collection agency lay out talking points to the Publishers Association in an open letter. It's a new call 'to give everyone a bigger share of the pie." The post How Much Do Writers... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-07-09 00:00:00 UTC ]
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The Society of Authors' Nicola Solomon and The Authors' Licensing & Collecting Society's Owen Atkinson pen a letter to the PA's Stephen Lotinga on author earnings. Continue reading at The Bookseller
[ The Bookseller | 2018-06-30 00:00:00 UTC ]
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The Society of Authors (SoA) and the Authors Licensing and Collection Society (ALCS) have written an open letter taking issue with the Publishers Association’s questioning of figures unveiled in a recent survey showing writers’ earnings have fallen by 15% in four years, calling them... Continue reading at The Bookseller
[ The Bookseller | 2018-06-30 00:00:00 UTC ]
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