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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Time Warner, AT&T deal contingent on CNN sale: report

AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns CNN, HBO and Warner Bros. studios, is encountering resistance from the U.S. Department of Justice. For months, the Dallas telecommunications giant has been confidently predicting that it would finalize the takeover of Time... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner #owns cnn #warner bros #encountering resistance #confidently predicting


AT&T 'uncertain' when its purchase of Time Warner will close — CNN could be the sticking point

AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns CNN, HBO and Warner Bros. studios, is encountering resistance from the U.S. Department of Justice. For months, the Dallas telecommunications giant has been confidently predicting that it would finalize the takeover of Time... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner #sticking point #owns cnn #warner bros #encountering resistance #confidently predicting


The UK’s Make Our Book: An Internationally Available School-Publishing Program

A new program for classrooms: The UK's Make Our Book is free to schools and is 'properly magical' for students, says its creator Emma Barnes. The post The UK’s Make Our Book: An Internationally Available School-Publishing Program appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-11-07 00:00:00 UTC ]
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Bissell makes first buy for Borough

HarperFiction publicity director Ann Bissell has made her first acquisition in her newly expanded role commissioning for Borough Press. Continue reading at The Bookseller

[ The Bookseller | 2017-11-06 00:00:00 UTC ]
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AASL 2017: So Many Sessions, So Little Time

We’ve zeroed in on some of the programming highlights of the upcoming AASL National Conference in Phoenix. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-03 00:00:00 UTC ]
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AASL 2017: Making the Most of AASL

We asked librarians and exhibitors heading to this year's American Association of School Librarians National Conference, which runs November 9–11 in Phoenix, what they plan to accomplish at the show and why they find it valuable. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-03 00:00:00 UTC ]
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10 Essential Music Books

Hanif Abdurraqib, author of "They Can't Kill Us Until They Kill Us," shares 10 essential music books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-03 00:00:00 UTC ]
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Get 'Microsoft Office 365 For Dummies, 2nd Edition' ($13 value) FREE for a limited time

If you want to get your head in the cloud and get up to speed on the features in Office 365, you've come to the right place. Inside Microsoft Office 365 For Dummies, 2nd Edition, you'll learn step by step how to use email, take advantage of SharePoint Online for collaboration, communicate with... Continue reading at Betanews

[ Betanews | 2017-11-02 00:00:00 UTC ]
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Library's new system makes checking books out a breeze

New Plymouth libraries have gone ultra high tech with a new $385,000 system to automate the borrowing and returning of books. Continue reading at Stuff

[ Stuff | 2017-11-01 00:00:00 UTC ]
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The corrosion of truth in these strange times is terrifying | Richard Flanagan

Lies have become alternative facts and truth irrelevant in the face of power, while we all give up our privacyIn Book 8 of The Odyssey we read that the gods weave misfortune so that later generations have something to sing about. It wasn’t a god but a conman who now leads me to describe how –... Continue reading at The Guardian

[ The Guardian | 2017-10-30 00:00:00 UTC ]
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The Sunday Times Prize Jury Names Five Young Writers to Shortlist

Two Faber & Faber releases are among the expanded shortlist announced this weekend (October 29) for the Irish and UK author 35 or younger. The post The Sunday Times Prize Jury Names Five Young Writers to Shortlist appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-10-29 00:00:00 UTC ]
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David Shelley makes 'top 100 LGBT leaders' list

David Shelley, c.e.o. designate of Hachette UK, has been named on a list of leading LGBT+ executives compiled by professional membership organisation OUTstanding and published in the FT. Continue reading at The Bookseller

[ The Bookseller | 2017-10-27 00:00:00 UTC ]
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HBR Grows Paid Circ 10 Percent | By The Numbers

[Infographic] Surprising stats from around the magazine industry. The post HBR Grows Paid Circ 10 Percent | By The Numbers appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-10-26 00:00:00 UTC ]
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DK Makes Leadership Changes

DK COO Shaun Hodgkinson has announced changes to the leadership structure of the North American branch, including a number of layoffs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-24 00:00:00 UTC ]
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Amazon's new Kindle app makes it easier to turn your phone or tablet into a book

I’m a big fan of e-ink Kindles -- preferring them over real books. If you do a lot of reading, they’re great. However, some people prefer the versatility of an iPad, Android tablet or smartphone, and there's a clear benefit to those. You only need to carry around the one device. Today, Amazon... Continue reading at Betanews

[ Betanews | 2017-10-24 00:00:00 UTC ]
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Google makes it easier for businesses to take online bookings

Businesses in the US now have a new way to sign up with one of Google's booking partners and to add a booking button to their search listing. Anyone in the US with a Google My Business account can benefit from the addition of a booking button that enables people to book a reservation with a... Continue reading at Betanews

[ Betanews | 2017-10-23 00:00:00 UTC ]
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10 Rules for Book Editors

Jonathan Karp, president and publisher of Simon & Schuster, shares his insight as a veteran editor of 25 years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-20 00:00:00 UTC ]
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With consent from Brazil, AT&T has only one regulatory hurdle left before it can gobble Time Warner

Telecommunications giant AT&T has secured the blessing of Brazilian regulators for its $85-billion takeover of Time Warner Inc., moving the blockbuster deal closer to the finish line. The Dallas phone company on Wednesday said Brazil’s antitrust authority, the Conselho Administrativo de... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner #finish line


Facebook and 10 Publishers Are Testing Subscriptions Within Instant Articles

The idea of subscriptions in Facebook's Instant Articles has been bandied about for quite some time, and an official test is finally underway. Head of news partnerships Campbell Brown, head of news product Alex Hardiman and product manager Sameera Salari announced in a Facebook Media blog post... Continue reading at AdWeek

[ AdWeek | 2017-10-19 00:00:00 UTC ]
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Napack Named CEO of Wiley

Brian Napack, who has served in a host of corporate positions including as president of Macmillan, will start at John Wiley on December 4. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-17 00:00:00 UTC ]
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