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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IPA’s Michiel Kolman on China: ‘A $10 Billion Concern’

'Last year there were five Chinese publishing companies in the world’s top 20,' IPA's new chief says at London Book Fair. The post IPA’s Michiel Kolman on China: ‘A $10 Billion Concern’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-03-16 00:00:00 UTC ]
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Quercus makes Wise move for joint memoir

Quercus has signed Not That Kind of Love by actor Greg Wise and his late sister Clare. Continue reading at The Bookseller

[ The Bookseller | 2017-03-16 00:00:00 UTC ]
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Bonnier’s Auschwitz ink tale makes its mark

Publishers across Europe have pre-empted translation rights to The Tattooist of Auschwitz by Heather Morris from Bonnier Zafffre, which has world rights. Continue reading at The Bookseller

[ The Bookseller | 2017-03-15 00:00:00 UTC ]
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London Book Fair 2017: A Few Novels Gain Buzz Amid Restrained Deal-Making

With no single title emerging as the big book of the fair, and gossip still focused on recent reports about the $65 million advance the Obamas landed from Penguin Random House, a number of novels have been the subject of chatter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-15 00:00:00 UTC ]
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Swedish debut thriller racks up 10 international deals ahead of LBF 2017

Debutant Elisabeth Norebäck has racked up at least 10 international deals for her debut psychological thriller In My Blood ahead of the London Book Fair, with world English rights pre-empted by Penguin Random House US. Continue reading at The Bookseller

[ The Bookseller | 2017-03-14 00:00:00 UTC ]
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It’s Swing Time for the Audio Book Club

Subscribe in iTunes ∙ RSS feed ∙ Download ∙ Play in another tab Slate Plus members: Get your ad-free podcast feed. Continue reading at Slate

[ Slate | 2017-03-13 00:00:00 UTC ]
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Nicholls joins Helquist for 'time-slip adventure' series with Nosy Crow

Children’s author Sally Nicholls and A Series of Unfortunate Events illustrator Brett Helquist are joining forces on a new series with Nosy Crow. Continue reading at The Bookseller

[ The Bookseller | 2017-03-10 00:00:00 UTC ]
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Capy is making a game for Cartoon Network's new show

If the words "multimedia tie-in" bring back memories of bad video game adaptations and lame comic books pushed by marketing groups to promote feature films, then clearly the 80s and 90s have scarred you too. Cartoon Network's upcoming animated series... Continue reading at Engadget

[ Engadget | 2017-03-10 00:00:00 UTC ]
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The 10 Most Innovative Companies In Education 2017

This year's education innovators are transforming how—and what—we learn. This year's education innovators are transforming how—and what—we learn.Online learning used to involve little more than clunky ebook versions of standard textbooks. No longer. Today the most... Continue reading at Fast Company

[ Fast Company | 2017-03-09 00:00:00 UTC ]
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Kennedy makes first buys for Zephyr

Fiona Kennedy, publisher of Head of Zeus's new children's imprint Zephyr, has made her first acquisitions, buying a standalone novel by Lauren St John and two books from Ghanaian-British filmmaker Yaba Badoe. Continue reading at The Bookseller

[ The Bookseller | 2017-03-04 00:00:00 UTC ]
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Get 'Learning Linux Shell Scripting' ebook ($36 Value) FREE for a limited time

If you're looking for a way to master Linux shell scripting (in any Linux distro or Windows 10), then this ebook from Packt Publishing is an essential read. The book, which covers Bash -- GNU Bourne Again SHell -- usually retails for $36, but for a limited time you can download the full ebook... Continue reading at Betanews

[ Betanews | 2017-03-03 00:00:00 UTC ]
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Gottwals Books Turns 10, Adds 15th Store

Shane Gottwals discusses the strategy that's seen his bookstore grow from a single 1,500 square-foot space to an expanding operation with multiple franchisees. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-03 00:00:00 UTC ]
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The 10 Best Interlinked Short Story Collections

Michael Knight, author of the linked story collection 'Eveningland,' picks 10 interlinked story collections, including 'Olive Kitteridge' and 'A Visit from the Goon Squad.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-03 00:00:00 UTC ]
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Changes In 'New York Times' Books Coverage, Explained

At a luncheon in Manhattan yesterday, 'New York Times Book Review' editor Pamela Paul, who oversees all books coverage at the 'New York Times,' laid out the newspaper's vision for the future of its newly-unified books desk. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-02 00:00:00 UTC ]
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Time Inc. is hungry for social food videos, too

The publishing giant plans to produce six to eight short videos a day for Facebook, Instagram, Snapchat and Twitter with its first social-only launch, Well Done. The post Time Inc. is hungry for social food videos, too appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-03-02 00:00:00 UTC ]
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10 best books of March 2017, according to Amazon's editors

Even as flowers sprout from the ground, great books are also popping up all over the place. Which ones are most worth your time? Amazon editors have selected a list of the books they say are the best to be released in March. Here are the picks, with thoughts from Amazon senior editor Chris Schluep. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2017-03-02 00:00:00 UTC ]
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Uber CEO pledges to 'grow up' after video shows him lashing out at a driver

Uber Chief Executive Travis Kalanick has apologized, saying he admits he needs “leadership help,” after a video showed him berating one of the company’s drivers. The dashcam video obtained by Bloomberg News and released Tuesday shows Kalanick arguing with driver Fawzi Kamel over Uber’s fares,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-03-02 00:00:00 UTC ]
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Obamas Make Book Deal With Penguin Random House

Former President Barack Obama and Michelle Obama in Washington last year. They plan to donate a portion of the advances for their books to charity. Continue reading at The New York Times

[ The New York Times | 2017-03-01 00:00:00 UTC ]
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iBooks Bestsellers: Moriarty Makes Big Little Gains

Liane Moriarty's 'Big Little Lies' makes a big gain, climbing to the top of the iBooks bestsellers list as its TV miniseries adaptation heads toward its third episode on Sunday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-01 00:00:00 UTC ]
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Business rates dubbed 'a ticking time bomb' by Labour

The shadow business secretary has criticised the government's handling of business rates, branding the changes set to take effect in April "a ticking time bomb", ahead of a Labour emergency roundtable due to take place today (Monday 27th February). Continue reading at The Bookseller

[ The Bookseller | 2017-02-28 00:00:00 UTC ]
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