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

Other Publishing stories related to: 'New NY Times CEO could make $10.5M'


$19.99 for Premium Windows 10 Training (Includes 100+ Tutorials) - Deal Alert

Learn the ins and outs of Windows 10 with this Introduction to Windows 10 Bundle. For $19.99, you’ll get lifetime access to four e-Books and hundreds of video tutorials.If you have any questions on this popular operating system, you’re sure to find the answer here. Flip through the books to... Continue reading at PC World

[ PC World | 2016-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #video tutorials #personal computer


Weekly E-Book Ranking: Night's Time

The most interesting début on the Weekly E-Book Ranking is perhaps human rights activist and 1986 Nobel Peace Prize-winner Elie Wiesel’s Night (Penguin Modern Classics). Continue reading at The Bookseller

[ The Bookseller | 2016-07-22 00:00:00 UTC ]
More news stories like this |


Vintage scoops debut Mermaid novel in 10-way auction

Vintage has acquired debut novel The Mermaid and Mrs Hancock by Imogen Hermes Gowar following a 10-publisher auction.  Continue reading at The Bookseller

[ The Bookseller | 2016-07-16 00:00:00 UTC ]
More news stories like this |


Ads on Premium Publishers' Sites Are 3 Times More Effective at Boosting Brand Favorability

Advertising on the websites of premium publishers, such as The New York Times and Hearst properties, is three times as effective as it is on those of nonpremium publishers at boosting brand favorability and making users more likely to recommend products or services, according to a study by... Continue reading at AdWeek

[ AdWeek | 2016-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #halo effect #subject matter #online spending


Ursula K Le Guin to publish Earthsea story in print for first time

The Daughter of Odren will be published in new omnibus edition of the much-loved fantasy sequence to mark the 50th anniversary of The Wizard of EarthseaA story from Ursula K Le Guin’s world of Earthsea that has never been published in print before is due to be released to mark the 50th... Continue reading at The Guardian

[ The Guardian | 2016-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #short stories #david mitchell


Apple iBooks Category Bestsellers, July 10, 2016

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended July 10, 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestselling ibooks


After You makes it two as Moyes holds the number one spot

Jojo Moyes has scored a second week in the Official UK Top 50 number one spot as After You (Penguin) sold 47,872 copies for £180,513. Continue reading at The Bookseller

[ The Bookseller | 2016-07-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jojo moyes


Good News for Dark Times: Lisa Sharon Harper’s ‘Very Good’ Gospel

In her new book ‘The Very Good Gospel,’ Harper examines the first three chapters of Genesis to reveal readings from the gospel that speak to today’s anxious minds, racial divisions, and threats of violence. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #dark times


Time Inc. Names New President of Brands, CCO to Drive 'Historic Transformation'

Rich Battista's rise at Time Inc. continues. Fifteen months after joining the company, CEO Joe Ripp has named him evp of Time Inc. and president of brands, overseeing all of the company's storied titles.  Battista joined Time in April 2015 as president of People and Entertainment... Continue reading at AdWeek

[ AdWeek | 2016-07-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #entrepreneurial spirit #coming days #feel free


Awesome authors: 10 books children should read

JK Rowling's Harry Potter series tops a BBC Local Radio poll of books that adults say children should read. Continue reading at BBC News

[ BBC News | 2016-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #awesome authors #jk rowling


Domino Poaches Refinery29 Exec Nathan Coyle to Be CEO

Domino, which began in the mid-aughts as a home dcor magazine from Cond Nast and closed at the end of the decade and returned in 2013, is still in the process of reinventing itself as a blend of e-commerce, old-fashioned print, and digital media.On Monday, Domino announced the appointment of... Continue reading at Advertising Age

[ Advertising Age | 2016-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #move forward #digital strategy #exec vp #general manager


Why Time Out has prioritized Facebook Live, Tumblr and Snapchat on social

Time Out is building out its social content distribution strategy, pinpointing Tumblr video, Facebook Live and Snapchat as priorities for growth. The publisher's internal mantra of "Discover, Look, Share," which it applies to all its online content, translates well to tools like Facebook's... Continue reading at Digiday

[ Digiday | 2016-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook live #online content


Egmont makes three internal promotions

Egmont Publishing has promoted three members of its team, with Sarah Bates, Ali Dougal and John Packard taking on new director positions. Continue reading at The Bookseller

[ The Bookseller | 2016-07-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #egmont publishing #ali dougal


Architecture Pub Opens Bookstore in Upstate NY

Princeton Architectural Press' Paper + Goods Storefront is located next door to the publisher's new offices in Hudson, N.Y. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-06 00:00:00 UTC ]
More news stories like this |


The Making of a Bestseller: 'The Bob's Burgers Burger Book'

How the tie-in cookbook to the Emmy Award-winning animated series, which has sold more than 40,000 copies since it went on sale in March, came to be. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-05 00:00:00 UTC ]
More news stories like this |


New Ruth Ware thriller makes waves on Thames

Vintage has partnered with MBNA Thames Clippers boats to mark the publication of Ruth Ware’s new thriller, The Woman in Cabin 10 (Harvill Secker). Continue reading at The Bookseller

[ The Bookseller | 2016-06-30 00:00:00 UTC ]
More news stories like this |


South Africa’s Sunday Times Literary Awards Go to Gqola, Sithole

The 'overt threat of toxic masculinity' and 'the vapid promises of politicians and religion' in the other: South Africa's Sunday Times Literature Awards. The post South Africa’s Sunday Times Literary Awards Go to Gqola, Sithole appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-06-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #south africa #toxic masculinity


Harper Acquires Business Book from Microsoft CEO

Harper Business has acquired world English rights to Microsoft CEO Satya Nadella’s first book, 'Hit Refresh,' which is slated to hit shelves in fall 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #microsoft ceo #harper business #hit shelves


Huawei MateBook is the affordable Windows 10 hybrid PC of your dreams [Review]

Windows 10 is a great desktop operating system, and for the most part, OEMs have manufactured some solid hardware to showcase it. Respectable companies like HP and Dell have done Microsoft proud with some truly satisfying touch-friendly laptops. Unfortunately, Microsoft has been a bit deficient... Continue reading at Betanews

[ Betanews | 2016-06-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #huawei matebook


Amazon's New Page-Flip Feature Makes Kindle Books More Skimmable

Skip ahead. Skip backward. Roam as you please. Then go back to where you were in a jiffy.The advantages that ebooks have over their dead-tree forebears are so many and varied that I'm not going to bother detailing them here.Read Full Story Continue reading at Fast Company

[ Fast Company | 2016-06-28 00:00:00 UTC ]
More news stories like this |