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

Other Publishing stories related to: 'New NY Times CEO could make $10.5M'


Two debuts make Arabic Fiction prize shortlist

Two debut novels are battling it out on the shortlist for the $50,000 International Prize for Arabic Fiction, including one soon to be published by Oneworld. Continue reading at The Bookseller

[ The Bookseller | 2018-02-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #arabic fiction


The Los Angeles Times to Honor John Rechy, Glory Edim and Benjamin Taylor at Annual Ceremony Recognizing Outstanding Literary Achievement

38th Book Prizes will also recognize 50 finalists in 10 categories, with winners to be announced on April 20 The Los Angeles Times today announced the Book Prizes finalists and this year’s honorees. Novelist John Rechy will receive the Robert Kirsch Award, Glory Edim will be honored with the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-02-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #glory edim #benjamin taylor


L.A. Times Book Prize finalists include Joyce Carol Oates and Ta-Nehisi Coates; John Rechy receives lifetime achievement award

Finalists for the 2017 Los Angeles Times Book Prizes include Joyce Carol Oates, Ron Chernow, Ta-Nehisi Coates and Jesmyn Ward. The awards will be presented on the campus of USC on April 20, the eve of the L.A. Times Festival of Books. Finalists for the book prizes, which are awarded in 10... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-02-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ta-nehisi coates #ron chernow #jesmyn ward #times festival #book prizes


Eddo-Lodge and Millwood Hargrave make Jhalak Prize shortlist

Authors Reni Eddo-Lodge and Kiran Millwood Hargrave have made the cut for the 2018 Jhalak Prize shortlist. Continue reading at The Bookseller

[ The Bookseller | 2018-02-21 00:00:00 UTC ]
More news stories like this |


Charco and Les Fugitives make 2018 RofC shortlist

Fledgling small presses Charco Press and Dostoevsky Wannabe have been shortlisted for the 2018 Republic of Consciousness Prize alongside Influx Press, Les Fugitives, Little Island Press and Galley Beggar. Continue reading at The Bookseller

[ The Bookseller | 2018-02-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #les fugitives #island press #galley beggar


Murdoch promises to run Sky News for 10 years for Fox takeover deal

Tycoon makes offers to allay media monopoly fears and ease through 21st Century Fox dealRupert Murdoch has doubled the length of time he is willing to keep running Sky News to “at least” 10 years, as 21st Century Fox sweetens its offer to protect the news channel to gain clearance for the... Continue reading at The Guardian

[ The Guardian | 2018-02-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sky news #full control #news channel #7bn takeover #markets authority


In an era of loyalty, newspaper publishers focus on time spent and frequency

Newspaper publishers hunting for subscriber revenue have keyed in on new metrics. The post In an era of loyalty, newspaper publishers focus on time spent and frequency appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-02-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time spent


Right place, right time for nascent Marco Polo

Launching a list in the midst of the book sector’s digital transition, in one of its hardest-hit markets, hasn’t seemed to harm travel publisher Marco Polo. Continue reading at The Bookseller

[ The Bookseller | 2018-02-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book sector #digital transition


The Art and Making of A Fan-Favorite Book

Art-of and making-of books about pop culture remain viable, even in an era when abundant behind-the-scenes information is available online. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-16 00:00:00 UTC ]
More news stories like this |


Two British playwrights benefit from Audible's $5m fund

The first group of emerging playwrights to benefit from Audible's $5m fund will include two British writers: Gary McNair, from Glasgow, and James Fritz, from London.  Continue reading at The Bookseller

[ The Bookseller | 2018-02-16 00:00:00 UTC ]
More news stories like this |


Quarto makes five redundant from foreign rights team

Quarto has made five roles redundant from the foreign rights team based in its Brighton office. Continue reading at The Bookseller

[ The Bookseller | 2018-02-14 00:00:00 UTC ]
More news stories like this |


Meredith’s Focus on Magazines for Women Will Likely Mean Selling SI and Time

The 2018 Sports Illustrated Swimsuit Issue is out today, with 2017 SI Rookie Danielle Herrington gracing this year's cover. Former SI cover model Tyra Banks first shared the news with Herrington in a video posted to SI.com this morning. This year's Swimsuit Issue is unique in that the first... Continue reading at AdWeek

[ AdWeek | 2018-02-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #meredith corp #officially closed


Will Facebook Users Soon Be Making a List and Checking It Twice?

Remember the days when Facebook's News Feed was full of listicles from the likes of BuzzFeed? A new feature from the social network has them poised to return, but from your friends and family, not from publishers. Facebook Tuesday began rolling out Lists, which enables users to create and share... Continue reading at AdWeek

[ AdWeek | 2018-02-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook users #enables users


T-Mobile CEO John Legere lists Manhattan penthouse for $22 million

T-Mobile US CEO John Legere wants to sell his New York penthouse for $22 million. The four-bedroom, four-bathroom apartment in Manhattan's Lincoln Square neighborhood has a view of Central Park and was originally owned by newspaper publisher William Randolph Hearst, according to the... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2018-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$22 million #central park #$18 million


Google and Facebook make up less than 5 percent of publishers’ digital revenue

Revenue from third-party platforms represented 16 percent of publishers' total digital revenue in the first half of 2017 -- nearly unchanged from a year earlier. The post Google and Facebook make up less than 5 percent of publishers’ digital revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-02-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital revenue #post google #year earlier


Get 'Machine Learning For Dummies' ($13 value) FREE for a limited time

Without machine learning, fraud detection, web search results, real-time ads on web pages, credit scoring, automation, and email spam filtering wouldn't be possible. Covering the entry-level topics needed to get you familiar with the basic concepts of machine learning, Machine Learning For... Continue reading at Betanews

[ Betanews | 2018-02-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #limited time #web pages #basic concepts #make sense


Marketing Changes at Lululemon as CEO Exits

On the same day that Lululemon Athletica announced the sudden exit of CEO Laurent Potdevin over a failure to meet company standards, it appointed a new leader for its marketing.The Vancouver-based company on Monday named Celeste Burgoyne, executive VP for the Americas, to handle brand marketing.... Continue reading at Advertising Age

[ Advertising Age | 2018-02-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #marketing team #vancouver-based company #executive vp #senior vp


Dear bloggers, blagging is no way to make a living

OPINION: Let's start with a caveat: I like free stuff. I don't know anyone who doesn't, frankly. This could be because I'm a journalist and have been the grateful beneficiary of free books (for me to review), free theatre or cinema tickets (for pre-research before interviewing an actor) and free... Continue reading at Stuff

[ Stuff | 2018-02-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #free books


Rooney, Adébáyọ̀ and Riley make Dylan Thomas longlist

Sally Rooney, the 2017 Sunday Times Young Writer of the Year, has been longlisted for this year's £30,000 Dylan Thomas Prize. Continue reading at The Bookseller

[ The Bookseller | 2018-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sally rooney


Tech Makes Translation Possible for Island Press

Seeking to slim down on translation costs, the publisher turned to Google Translate API—which came with blessings and curses both. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #island press #publisher turned