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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Symons makes Parragon move

Former Penguin Random House group sales director Mike Symons has been appointed chief executive of Bath-based children’s publisher Parragon Books. Continue reading at The Bookseller

[ The Bookseller | 2017-04-06 00:00:00 UTC ]
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10 best books of April 2017, according to Amazon's editors

From a new novel by writer Fredrik Backman to a follow-up from 'Lean In' writer Sheryl Sandberg, April has various intriguing options for book lovers. Amazon staff have selected the titles they think are the best to be released this month – check out the full list, with thoughts from Amazon... Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2017-04-05 00:00:00 UTC ]
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Geras makes first acquisitions for Bookouture

Jenny Geras, who joined digital publisher Bookouture from Cornerstone in January this year, has made her first acquisitions: a new detective series by Victoria Jenkins and three psychological thrillers from SE Lynes. Continue reading at The Bookseller

[ The Bookseller | 2017-04-05 00:00:00 UTC ]
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Adébáyọ, Thien and Grant make the Baileys Women's Prize shortlist

Nigerian debut novelist Ayọ̀bámi Adébáyọ̀̀ has been shortlisted for the £30,000 Baileys Women's Prize for Fiction for her work Stay With Me (Canongate), alongside Man Booker shortlistee Madeleine Thien and one previous winner of the prize, Linda Grant. Continue reading at The Bookseller

[ The Bookseller | 2017-04-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prize shortlist #baileys women #previous winner #linda grant


Fight escalates between chairman of L.A. Times parent and L.A. billionaire

In the latest flare-up between the two top investors in the L.A. Times’ parent company, Tronc Inc. has accused Los Angeles billionaire Patrick Soon-Shiong of demanding an investment in his own company before he agreed to buy millions of shares in the newspaper publisher last year. The allegation... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-04-04 00:00:00 UTC ]
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TLA 2017 Preview: Time to Be a Texan

A strong program at the 2017 Texas Library Association conference in San Antonio is set to inspire—and moblize—librarians. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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Get 'Practical Windows Forensics' ebook ($31 Value) FREE for a limited time

Over the past few years, the wave of the cybercrime has risen rapidly. Nowadays, your personal information, bank account details, and your corporate database are some of the many targets for digital criminals. So, how can we investigate these crimes? Using digital forensics. The Practical... Continue reading at Betanews

[ Betanews | 2017-03-31 00:00:00 UTC ]
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The Making of 'The Twelve Lives of Samuel Hawley': Hannah Tinti Talks with Her Editor

Hannah Tinti talks to her editor, Noah Eaker, about the process of editing 'The Twelve Lives of Samuel Hawley,' her new novel (in part inspired by the 12 labors of Hercules) about a lifelong criminal vowing to give up a life of crime as his daughter hits adolescence. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-31 00:00:00 UTC ]
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Fitzcarraldo signs 'angry novel for our angry times'

Fitzcarraldo Editions is to publish Moving Kings, a "propulsive, incendiary" novel about faith, race, class, and what it means to have a home, by American novelist Joshua Cohen. Continue reading at The Bookseller

[ The Bookseller | 2017-03-30 00:00:00 UTC ]
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Bloomberg Media CEO Justin Smith’s publisher survival guide in the duopoly era

Facebook and Google control digital media and advertising, but it's not the end of the world just yet. The post Bloomberg Media CEO Justin Smith’s publisher survival guide in the duopoly era appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-03-30 00:00:00 UTC ]
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Book Proposal from 'Hidden Figures' Author Making Rounds

Margot Lee Shetterly, whose 2016 nonfiction bestseller 'Hidden Figures' served as the basis for the unexpected box office smash of the same name, is currently taking meetings with the major publishers. Some insiders guessed that this new work could fetch well into seven figures. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-30 00:00:00 UTC ]
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Does Self-Publishing Make Sense for Scholarly Writers? Highlights From a Discussion

Can self-publishing find traction in scholarly publishing as it has parts of general publishing? A recent panel at London Book Fair took up the question. The self-publishing platform Lulu has rolled out a service called Glasstree for scholarly authors. ‘Publishing Perspectives’ contributor... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-03-30 00:00:00 UTC ]
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Livingly Media Appoints New CEO | People on the Move — 03.29.17

Time makes a dozen promotions, The Washington Post Magazine has found an editor, and much more... The post Livingly Media Appoints New CEO | People on the Move — 03.29.17 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-30 00:00:00 UTC ]
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Caleb Carr’s The Alienist to be published as an ebook for first time

Mulholland UK is publishing Caleb Carr’s debut, The Alienist, and Angel of Darkness for the first time in ebook, as well as three new books by Carr. Continue reading at The Bookseller

[ The Bookseller | 2017-03-29 00:00:00 UTC ]
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How to buy and read ebooks in Edge as part of the Windows 10 Creators Update

As part of the blitz of new features in the Windows 10 Creators Update (see our full review here), Microsoft has added e-reading capabilities to its Edge browser. It’s a bit quirky, given its infancy, but with a bit of practice you can be lounging by the pool with an electronic novel in no... Continue reading at PC World

[ PC World | 2017-03-29 00:00:00 UTC ]
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Polish Publishers Call for Book Tax Deductions and Make Another Bid for Fixed Prices

Having seen a bid for fixed book prices stall out before, the Polish publishers' association is making its case again to legislators in hopes of improving the industry's prospects. The post Polish Publishers Call for Book Tax Deductions and Make Another Bid for Fixed Prices appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-03-27 00:00:00 UTC ]
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10 Essential Supernatural Mysteries

Jess Kidd, author of the new mystery 'Himself,' picks 10 of her favorite supernatural mysteries, including 'The Woman in Black' and 'The Little Stranger.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-24 00:00:00 UTC ]
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Get 'The DevOps 2.0 Toolkit' ebook ($29 value) FREE for a limited time

Building a complete modern DevOps toolchain requires not only the whole microservices development and a complete deployment lifecycle, but also the latest and greatest practices and tools. The DevOps 2.0 Toolkit ebook from Packt Publishing will tell you everything you need to know to get... Continue reading at Betanews

[ Betanews | 2017-03-22 00:00:00 UTC ]
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Sphere makes killing from Mitford Murders pre-empts

Rights to Jessica Fellowes’ debut novel The Mitford Murders (Sphere), the first in a new series of the same name, have sold in four pre-empts across Europe. Continue reading at The Bookseller

[ The Bookseller | 2017-03-17 00:00:00 UTC ]
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Riddell, Peet and Rosoff make Carnegie and Kate Greenaway shortlists

Children’s Laureate Chris Riddell is in the running to win a record-breaking fourth CILIP Kate Greenaway Medal after being shortlisted for this year’s prize, while Mal Peet’s final novel has been shortlisted for the CILIP Carnegie Medal. Continue reading at The Bookseller

[ The Bookseller | 2017-03-17 00:00:00 UTC ]
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