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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L.A. Times Book Prizes winners announced

Books on police shootings of black men, the history of the plummeting numbers of California’s Native Americans and the tale of how Adolf Hitler led the Nazi party to power were among the honorees of the 37th annual Los Angeles Times Book Prizes. The awards were presented Friday night at USC,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-04-22 00:00:00 UTC ]
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'Timely' book on moral courage in public life to JKP

Jessica Kingsley is to publish a "very timely" book exploring the need for moral courage in public life this summer. Continue reading at The Bookseller

[ The Bookseller | 2017-04-22 00:00:00 UTC ]
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Perry, Picoult and Mackintosh make WHS summer book club

Sarah Perry and Clare Mackintosh have joined the likes of Jodi Picoult and Robert Harris on this summer’s Richard and Judy Book Club list with W H Smith. Continue reading at The Bookseller

[ The Bookseller | 2017-04-21 00:00:00 UTC ]
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Richard Simmons speaks for first time in over a year after rumors he was missing

The fitness celebrity, who was subject of podcast Missing Richard Simmons, released a statement on Facebook to say he was ‘just a little under the weather’Fitness guru Richard Simmons is “not missing” according to a statement published on his personal website on Wednesday. Related: Missing... Continue reading at The Guardian

[ The Guardian | 2017-04-20 00:00:00 UTC ]
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Financial Times Says Paid Posts Up 400% Following Acquisition of Alpha Grid

For the first time in its 129-year history, the Financial Times said digital advertising revenue has surpassed print. The company credits a chunk of its success to content marketing studio Alpha Grid, which it acquired a controlling stake in last June.The Alpha Grid acquisition was part of a... Continue reading at Advertising Age

[ Advertising Age | 2017-04-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #controlling stake #larger trend #premium publishers #bottom line #branded content #$11 million


This experimental ebook gets edited every time it changes hands

A Universe Explodes is an unusual ebook in a variety of ways. Best viewed on a mobile device, it's about 20 pages long and has 128 words per page. Only 100 people "own" the original version, though the book itself is free and can be read by anyone a... Continue reading at Engadget

[ Engadget | 2017-04-15 00:00:00 UTC ]
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Lesley Stahl Highlights an Author Who Always Makes Her Laugh

amazon.com It's fun to peruse New York Times chats with famous personalities about their favorite books, even more so when summer beach-reading season is just around the corner. A few weeks ago, for T magazine, actor Viggo Mortensen ran down some very heady choices. Now it is the turn of veteran... Continue reading at AdWeek

[ AdWeek | 2017-04-13 00:00:00 UTC ]
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Get 'Linux: Embedded Development' ebook ($63 Value) FREE for a limited time

An embedded system is a device with a computer inside that doesn't look like a computer. Washing machines, televisions, printers, cars, aircraft, and robots are all controlled by a computer of some sort, and in some cases, more than one. As these devices become more complex, and as our... Continue reading at Betanews

[ Betanews | 2017-04-13 00:00:00 UTC ]
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Bookstore News: April 10, 2017

Michigan used bookstore to close after 39 years; future of Kansas bookstore uncertain after fire; Alaskan glacier bookstore gets new management; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-11 00:00:00 UTC ]
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International Hot Book Properties, Week of April 10, 2017

A Finnish lifestyle book about perseverance and a memoir by a Syrian refugee are among the books generating buzz abroad this week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-11 00:00:00 UTC ]
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The UK’s Sunday Times / PFD Young Writer Competition Opens to Trade Authors and Indies

A rarity among major prize programs, the Young Writer of the Year Award welcomes the entries of work by self-publishing writers as well as trade authors. The post The UK’s Sunday Times / PFD Young Writer Competition Opens to Trade Authors and Indies appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-04-08 00:00:00 UTC ]
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The Times of London sees success in an editions approach to digital publishing

"General news is a commodity and hard to charge for as it’s free everywhere. We’re focusing on what’s truly distinctive." The post The Times of London sees success in an editions approach to digital publishing appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-04-07 00:00:00 UTC ]
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This Week's Bestsellers: April 10, 2017

YouTube personality Lilly Singh has the #10 book in the country. Plus novelist Jessica Shattuck has her best debut week by far with ‘The Women in the Castle,’ and Tom Verducci’s book on the Cubs sells well in the city of—do we even have to tell you? Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-07 00:00:00 UTC ]
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PW Picks: Books of the Week, April 10, 2017

This week: the genius of the music of Prince, plus a madcap thriller full of hidden identities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-07 00:00:00 UTC ]
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Five Ways Reading Fiction Makes You Better At Your Job

It’s no secret that successful people are readers. Reading helps you stay on top of new trends and learn techniques you can use in your career. Bill Gates and Warren Buffett each share their favorite books at the end of the year, and they’re filled with nonfiction titles. But what about... Continue reading at Fast Company

[ Fast Company | 2017-04-07 00:00:00 UTC ]
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PubTechConnect: Innovators from Goodreads, Cadillac, and the ‘New York Times,’ Join the Lineup

The conference is fast approaching and there have been a few late additions to the stellar lineup of presenters sharing new and disruptive business ideas from the tech industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-07 00:00:00 UTC ]
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Book Deals: Week of April 10, 2017

Tor nabs a self-published SF series, comedian/radio host Rickey Smiley lands at Gallery, FSG invests in a middle grade debut, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-07 00:00:00 UTC ]
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Get a $20 Discount If You Buy 3 Echo Dots on Amazon, For A Limited Time - Deal Alert

Echo Dot is a hands-free, voice-controlled device that uses Alexa to play music, control smart home devices, provide information, read the news, set alarms, read audiobooks from Audible, and more. In fact, new Alexa "skills" are being created all the time. Tell Alexa to start your usual order at... Continue reading at PC World

[ PC World | 2017-04-06 00:00:00 UTC ]
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T: The New York Times Magazine Names Editor-in-Chief | People on the Move — 04.06.17

Slate finds a new CRO, Deadspin's senior editor moves to Fusion.net, and much more... The post T: The New York Times Magazine Names Editor-in-Chief | People on the Move — 04.06.17 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-04-06 00:00:00 UTC ]
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New CEO for Parragon

Mike Symons has joined Parragon Books as CEO. Symons, who was most recently group sales director for Penguin Random House U.K., is replacing Paul Taylor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-06 00:00:00 UTC ]
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