New NY Times CEO could make $10.5M

The New York Times Co. named former BBC director general Mark Thompson as its new CEO earlier this week, and now comes word that he will receive a pay package totaling as much as $10.5 million, including an annual salary of $1 million, according to Bloomberg News. Mr. Thompson, who was previously the British Broadcasting Corp.'s director general, can make as much as $4.5 million from his signing bonus, $2 million in annual incentives and $3 million in long-term incentives, Bloomberg News reported. The 161-year-old publisher, faced with declining advertising revenue from its print editions, has been trying to boost revenue from digital products. Last year, it began charging for online access to The New York Times and The Boston Globe newspapers. The company hopes Mr. Thompson can help revive sales growth and accelerate a shift to the Internet, Bloomberg News said. The new pay package is a raise for Mr. Thompson, who had reportedly received $976,000 in total compensation for his most recent year at the BBC. Bloomberg News contributed to this article. Continue reading at 'Crains New York'

[ Crains New York | 2012-08-18 00:00:00 UTC ]
News tagged with: #print editions #boost revenue #digital products #online access

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London: Tom Crewe Wins the Sunday Times’ Young Writer Award

Jury comments about the Sunday Times Young Writer-winning debut, 'The New Life,' call Tom Crewe's book, a 'tenderly sensual account of masculine sexuality.' The post London: Tom Crewe Wins the Sunday Times’ Young Writer Award appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-03-20 12:50:02 UTC ]
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Disney Veteran Michael Paull Named RBmedia CEO

RBmedia has appointed Michael Paull, former president of Disney's direct-to-consumer business, as its new chief executive officer, following what the company called “another year of record-breaking growth” in 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-20 04:00:00 UTC ]
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MoCCA 2024 Makes a Splash

This year's MoCCA Arts Fest, an annual indie comics and graphic novel festival held March 16-17, drew large and enthusiastic crowds to New York City's Metropolitan Pavilion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-19 04:00:00 UTC ]
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Sports Illustrated to continue print editions under reported 10-year deal with new publisher

Months after mass layoffs threatened its future, Sports Illustrated will resume publishing after its owner reached a new rights deal with digital media company Minute Media. Continue reading at CBC

[ CBC | 2024-03-18 17:12:26 UTC ]
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Sue Arroyo, CEO and Publisher of CamCat Books, Dies at 57

Arroyo, who founded CamCat in 2018 and published more than 100 titles, died on February 26 after a fall. Editorial director Helga Schier said that no decisions will be made about CamCat's leadership until Arroyo's estate is settled. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-13 04:00:00 UTC ]
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Q&A: Nielsen’s CEO on Rolling With Massive Changes in 2024

The measurement industry is at an inflection point. In 2021, measurement giant Nielsen lost its third-party accreditation from the Media Rating Council after the company admitted to undercounting audiences, which could've translated to hundreds of millions of dollars in... Continue reading at AdWeek

[ AdWeek | 2024-03-12 10:00:00 UTC ]
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10 Of The Best New Children’s Books Out March 2024

March 2024's new children's book releases include stories about growing up Deaf, grappling with mental illness, housing Korean War refugees, and more. Continue reading at Book Riot

[ Book Riot | 2024-03-08 11:30:00 UTC ]
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The week's bestselling books, March 10

The Southern California Independent Bookstore Bestsellers list for Sunday, March 10, 2024, including hardcover and paperback fiction and nonfiction. Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-03-06 14:00:50 UTC ]
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Approaching 90, Pat Boone Still Makes the Case for God, Country, Grits

At last month's Christian Product Expo, the iconic crooner of the 1950's and '60's and a prolific author, continued to talk conservative politics while rebranding himself as a country singer at 89. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-05 05:00:00 UTC ]
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10 books to add to your reading list in March

Books to read in March include "James" by Percival Everett, "Wandering Stars" by Tommy Orange and "Age of Revolutions" by Fareed Zakaria. Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-03-01 11:02:40 UTC ]
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Lots of People Make Money on Fanfic. Just Not the Authors

Next year, SenLinYu’s Harry Potter fic Manacled will disappear from Archive of Our Own. They don’t want to take it down, but it’s the only way to keep others from profiting off of the work. Continue reading at Wired

[ Wired | 2024-02-28 20:42:17 UTC ]
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UK: The Sunday Times Young Writer 2024 Shortlist

Praising 'their attentiveness to the world,' the 2024 Sunday Times Young Writer of the Year jury names four authors to its shortlist. The post UK: The Sunday Times Young Writer 2024 Shortlist appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-02-27 17:20:22 UTC ]
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U.K. Publishing Supplement: Neem Tree's CEO Surveys the Indie Scene

An independent publisher considers the challenges and opportunities for small presses in her home market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-23 05:00:00 UTC ]
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U.K. Publishing Spotlight: Neem Tree's CEO Surveys the Indie Scene

An independent publisher considers the challenges and opportunities for small presses in her home market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-23 05:00:00 UTC ]
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Raja Shehadeh, Yiyun Li and Maria Bamford among L.A. Times Book Prize finalists

The L.A. Times Book Prizes honor 66 works in 13 categories celebrating exceptional writing from authors at all stages of their careers. Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-02-21 13:00:41 UTC ]
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10 Questions for Hwang Bo-reum, by Michelle Johnson

10 Questions for Hwang Bo-reum, by Michelle Johnson Interviews [email protected] Tue, 02/20/2024 - 10:01 Photo by Seong Ji Min Clayhouse Inc.Hwang Bo-reum’s debut novel, Welcome to the Hyunam-dong Bookshop, translated by Shanna Tan, was published... Continue reading at World Literature Today

[ World Literature Today | 2024-02-20 16:01:47 UTC ]
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What’s Next for Max Lucado? An End Times Book

‘What Happens Next,’ coming from Thomas Nelson in August, is the first book on the biblical end times by bestselling author and pastor Max Lucado. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-20 05:00:00 UTC ]
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Lifeway Rebounds from Rocky Times

CEO Ben Mandrell tells PW the turnaround strategy was to refocus on the original mission—serving pastors and church leaders. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-20 05:00:00 UTC ]
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From the Stage to the Page: 10 Years In, Z2 Comics Rocks On

For nearly a decade, Z2 Comics has worked to merge the twin fandoms, collaborating with musicians to produce titles that coexist with their musical work. The result: books that act as bridges between mediums. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-13 05:00:00 UTC ]
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‘Time-efficient foreplay’: inside the funny, filthy world of erotic podcasts

From fan fiction about Disney cartoons having sex to raunchy shows from Hollywood stars, pornographic audio is podcasting’s hottest new trendHave you ever stood at the school gates, waiting to pick up your six-year-old, while secretly listening to fan fiction about Harry Potter and Draco Malfoy... Continue reading at The Guardian

[ The Guardian | 2024-02-12 16:32:24 UTC ]
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