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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'Anthracite Fields' composer Julia Wolfe says MacArthur grant will bring 'time and space'

After receiving the Pulitzer Prize for music last year, a Grammy Award nomination and other praise for her coal-mining-themed choral work “Anthracite Fields,” composer Julia Wolfe can add another accolade to her professional mantel: a MacArthur Fellowship, a five-year grant that comes with an... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-09-22 00:00:00 UTC ]
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The Trade Show in Political Times: Frankfurt’s Weltempfang

Asking the question, 'How do we want to continue living together in Europe?' Frankfurt Book Fair's Weltempfang is a hub of debate and inquiry. The post The Trade Show in Political Times: Frankfurt’s Weltempfang appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-09-19 00:00:00 UTC ]
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Odedina makes first acquisitions for Pushkin

Sarah Odedina has acquired her first three titles for Pushkin Children’s Books, buying titles by Celia Rees, Marcella Pixley and Emily Murphy. Continue reading at The Bookseller

[ The Bookseller | 2016-09-17 00:00:00 UTC ]
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PW Star Watch’s Andrew Harwell: ‘Make Diversity a Priority’

'We just have to do better at acquiring, marketing, and selling books by marginalized authors,' says HarperCollins' Andrew Harwell, this year's Frankfurt Book Fair-bound PW Star Watch Superstar. The post PW Star Watch’s Andrew Harwell: ‘Make Diversity a Priority’ appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-09-16 00:00:00 UTC ]
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Time Inc.'s Matt Bean Returns to Rodale as Editor in Chief of Men's Health

Four years after leaving Rodale for Time Inc., Matt Bean is set to return to the Emmaus, Pa.-based magazine publisher with a shiny new title: editor in chief of Men's Health. "Matt is truly a modern day editor, savvy across print, digital and social platforms, with a clear vision for the Men's... Continue reading at AdWeek

[ AdWeek | 2016-09-16 00:00:00 UTC ]
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The 10 Strangest Places on Earth

The editors of the wildly popular Atlas Obscura pick 10 of the most curious places on the planet. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-16 00:00:00 UTC ]
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How Forbes got readers to double the time spent per post on mobile

For most news publishers, their audiences increasingly prefer visiting them on mobile devices. Forbes faced this problem acutely, with half its audience coming to it on mobile devices. So it created card-like formats to replace text-based stories. The financial news publisher said its new... Continue reading at Digiday

[ Digiday | 2016-09-15 00:00:00 UTC ]
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Beatty, Moshfegh Make Man Booker Shortlist

Paul Beatty, Deborah Levy, Graeme Macrae Burnet, Ottessa Moshfegh, David Szalay, and Madeleine Thien have been named to the shortlist for the 2016 Man Booker Prize for Fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-13 00:00:00 UTC ]
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Bonnier Books CEO Jacob Dalborg: ‘Digitization Is Not Necessarily Evil’

The book business hasn't experienced disruption as dramatic as that of industries, says Jacob Dalborg. The 'core publishing activities of acquiring, editing and publishing stories' are resilient. The post Bonnier Books CEO Jacob Dalborg: ‘Digitization Is Not Necessarily Evil’ appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-09-13 00:00:00 UTC ]
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10 best books of September 2016, according to Amazon's editors

With a chill in the air, it's the perfect time to head back into the house and curl up under a blanket with a good book. Looking for a captivating novel? Intriguing nonfiction? You're sure to find something that suits your interests on this list of the 10 best books to be released this month,... Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2016-09-09 00:00:00 UTC ]
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Skyhorse Publishing: From Zero to $40 Million in 10 Years

How Tony Lyons grew a publishing company that is on track to publish 900 books across 17 imprints ten years after its founding. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-09 00:00:00 UTC ]
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Newsweek Makes Its Frankfurt Book Fair Debut in October

The international news magazine Newsweek—which publishes in six languages—will host several events and exhibit at the Frankfurt Book Fair in October. The post Newsweek Makes Its Frankfurt Book Fair Debut in October appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-09-07 00:00:00 UTC ]
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Michael Gove turns book reviewer for The Times

Former justice secretary Michael Gove is set to return to the Times newspaper as a book reviewer and columnist. Continue reading at The Bookseller

[ The Bookseller | 2016-09-06 00:00:00 UTC ]
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Michael Gove returns to the Times as columnist and book reviewer

Former justice secretary and Leave campaigner left newspaper to become Surrey Heath MP in 2005Michael Gove, the former justice secretary and Leave campaigner, is set to return to the Times as a columnist and book reviewer.Gove, who was sacked by prime minister Theresa May after making an... Continue reading at The Guardian

[ The Guardian | 2016-09-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book reviewer #ill-fated bid #conservative party


Pay-back time for publishers: authors forced to return their advances

This week, it emerged that Pride and Prejudice and Zombies author Seth Grahame-Smith was being sued by his publisher to return his advance. From Julian Assange to Amy Schumer, he isn’t alone...Though he’s fallen out spectacularly with his publisher, Seth Grahame-Smith at least has the... Continue reading at The Guardian

[ The Guardian | 2016-09-02 00:00:00 UTC ]
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Under Pamela Paul, a New Books Desk Takes Shape at the 'Times'

The 'New York Times Book Review' editor, now overseeing all of the paper's books and publishing coverage, lays out what readers can expect to change—and to stay the same. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-01 00:00:00 UTC ]
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10 best books of August: the Monitor's picks

Here are the 10 August titles given the highest marks by the Monitor's book critics. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2016-08-27 00:00:00 UTC ]
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Children of Time wins Arthur C Clarke award

British writer Adrian Tchaikovsky has won the Arthur C Clarke award for science fiction for his novel Children of Time (Pan Macmillan). Continue reading at The Bookseller

[ The Bookseller | 2016-08-26 00:00:00 UTC ]
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Amazon 'Kindle Reading Fund' makes books more available to those without access

The ability to read is something many of us take for granted. At a young age, you probably had tons of books in your homes and schools, enabling you to learn to both read and write. Believe it or not, not everyone has access to books. Isn't that sad? Luckily, Amazon is looking to change this.... Continue reading at Betanews

[ Betanews | 2016-08-24 00:00:00 UTC ]
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Sunday Times journalist Hornak signs two with Little, Brown

Little, Brown has acquired two books by journalist Francesca Hornak for a "significant" five-figure sum. Continue reading at The Bookseller

[ The Bookseller | 2016-08-24 00:00:00 UTC ]
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