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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Divine Encounters of Biblical Times: PW Talks to James Kugel

How can modern readers relate to the Bible’s descriptions of direct human interactions with God? Harvard professor and biblical scholar James Kugel provides some possibilities in ‘The Great Shift: Encountering God in Biblical Times.’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-08 00:00:00 UTC ]
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Get 'The Leadership Journey -- How to Master the Four Critical Areas of Being a Great Leader' ($15 value) FREE for a limited time

The Leadership Journey will help you master the essential skill set of the truly effective leader. This eBook from Wiley brings world-renown people and talent development expertise to bear in a discussion about 'good' versus 'great' leadership, sharing the 'secret sauce' of successful... Continue reading at Betanews

[ Betanews | 2017-08-08 00:00:00 UTC ]
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Mirror Books makes first fiction acquisition

Trinity Mirror's publishing imprint Mirror Books has acquired three titles in a new crime series by author and playwright Lynn Brittney. Continue reading at The Bookseller

[ The Bookseller | 2017-08-05 00:00:00 UTC ]
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4 Great Books That Make You Hungry and What to Pair With Them

Noley Reid, author of the new novel 'Pretend We Are Lovely,' picks four of her recent favorite books and the food to pair with them. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
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For Second Time, Appeals Court Hears GSU E-Reserves Case

The decade-old litigation over digitized course readings made another appearance before the 11th Circuit last week, but the case could still be far from a conclusion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
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JK Rowling's return to Harry Potter makes her world's richest author in 2017

As her wizarding world returns to the stage and screen, Rowling’s $95m pushes James Patterson into second place with $87mJK Rowling will need to reserve a particularly large vault at Gringotts bank after a bumper year for the Harry Potter novelist magicked her back to the No 1 spot on Forbes’... Continue reading at The Guardian

[ The Guardian | 2017-08-03 00:00:00 UTC ]
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Preface is cooking a Hawksmoor book in time for Christmas

Preface has acquired a new book from Hawksmoor restaurateurs Huw Gott and Will Beckett, to publish this autumn. Continue reading at The Bookseller

[ The Bookseller | 2017-08-02 00:00:00 UTC ]
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Get 'Virtualization Essentials, Second Edition' ($21 value) FREE for a limited time

Virtualization Essentials, Second Edition takes a learning-by-doing approach to give you hands-on training and a core understanding of virtualization. As more and more companies are leveraging virtualization, it's imperative that IT professionals have the skills and knowledge to interface with... Continue reading at Betanews

[ Betanews | 2017-08-02 00:00:00 UTC ]
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Whittingdale becomes APPGW chair for a second time

Former culture secretary John Whittingdale has become the new chair of the All Party Writers Group for a second time. Continue reading at The Bookseller

[ The Bookseller | 2017-08-01 00:00:00 UTC ]
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Sunday Times antisemitism row: Vanessa Feltz ‘extremely upset’

Paper under fire over column that suggested the BBC Radio London presenter and Claudia Winkleman were well paid because they are Jewish Vanessa Feltz has said she felt “extremely upset” by a Sunday Times column written by a Holocaust denier which suggested that she and Claudia Winkleman earned... Continue reading at The Guardian

[ The Guardian | 2017-07-31 00:00:00 UTC ]
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Michiko Kakutani Ends Her Reign as The New York Times’ Chief Book Critic

The Michiko Kakutani book review is an institution unto itself, one that has now come to an end as The New York Times chief book critic steps down from her role after 38 years at the Times, 34 of which have been spent writing about the work of basically every author in the contemporary Western... Continue reading at AdWeek

[ AdWeek | 2017-07-28 00:00:00 UTC ]
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Kakutani Leaving Times' Book Dept; Sehgal Stepping In

Michiko Kakutani, the chief book critic for the 'New York Times,' is leaving her job in the books department. While the paper has not named a new chief critic, Parul Sehgal (formerly of PW) is joining the paper's team of daily critics. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-27 00:00:00 UTC ]
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Frankfurt’s CEO Talk: Simon & Schuster’s Carolyn Riedy and Albin Michel’s Guillaume Dervieux

Speaking on the first day of Frankfurt Book Fair, the CEOs of Simon & Schuster and Albin Michel will discuss the evolving world audience. The post Frankfurt’s CEO Talk: Simon & Schuster’s Carolyn Riedy and Albin Michel’s Guillaume Dervieux appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-07-27 00:00:00 UTC ]
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Roy, Barry and Smith make Man Booker longlist

Novels by Arundhati Roy, George Saunders, Sebastian Barry and Zadie Smith have been longlisted for the £50,000 Man Booker Prize 2017. Continue reading at The Bookseller

[ The Bookseller | 2017-07-27 00:00:00 UTC ]
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Carolyn Reidy to headline at Frankfurt CEO Talk

Simon & Schuster's president and c.e.o. Carolyn Reidy will be a “Guest of Honour” at this year’s Frankfurt Book Fair and will speak about “strategic developments in international publishing”. Continue reading at The Bookseller

[ The Bookseller | 2017-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #carolyn reidy #simon schuster #international publishing


Reidy, Dervieux to Headline Frankfurt CEO Talk

Simon & Schuster’s Carolyn Reidy and Albin Michel’s Guillaume Dervieux will be the speakers at the Frankfurt CEO Talk 2017 set for October 11 during the annual international fair. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #carolyn reidy #guillaume dervieux #simon schuster #albin michel


The Lido makes waves with film deal

A debut which made a splash at the London Book Fair this year may be set to make it onto the big screen after the 26-year-old author sold film rights to the title. Catalyst Global Media has optioned The Lido by Libby Page, which sold for six figures to Orion in the UK on the eve of London Book... Continue reading at The Bookseller

[ The Bookseller | 2017-07-25 00:00:00 UTC ]
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Best of the week: Amazon makes push for video publishers

This week, our top stories examined Amazon’s video platform and Facebook’s tool that will give publishers more Instant Articles performance data. The post Best of the week: Amazon makes push for video publishers appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-07-21 00:00:00 UTC ]
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Pan Mac's Children of Time optioned for film

Adrian Tchaikovsky’s Children of Time has been optioned for film by the producers behind the Hunger Games and the Twilight saga. Continue reading at The Bookseller

[ The Bookseller | 2017-07-20 00:00:00 UTC ]
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