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 ]
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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 ]
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What's the perfect manuscript? The authors of the forthcoming 'The Bestseller Code' assessed some 20,000 works to find that a 2013 novel by Dave Eggers had all the attributes of a book destined for literary success. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-27 00:00:00 UTC ]
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In early April, Medium, the platform founded by Ev Williams, made a pitch to the publishing community: come to Medium, and we'll help you make money. There's not a publisher these days that isn't looking for new revenue streams, so it's not surprising that nearly 400 publishers have applied to... Continue reading at Advertising Age
[ Advertising Age | 2016-06-24 00:00:00 UTC ]
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HarperCollins fiction imprint The Borough Press has made several changes to its editorial team, hiring Holly Ainley as commissioning editor. Continue reading at The Bookseller
[ The Bookseller | 2016-06-22 00:00:00 UTC ]
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An extract from a "taboo" play by late Scandinavian crime writer, Henning Mankell, never before translated into English, has been published by quarterly freedom-of-expression magazine Index on Censorship in its latest issue. Continue reading at The Bookseller
[ The Bookseller | 2016-06-21 00:00:00 UTC ]
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The Sunday Times has moved Oli White's Generation Next (Hodder & Stoughton) to its Children's and Young Adult bestseller chart for this forthcoming Sunday's issue (19th June), after it topped the adult fiction list in last Sunday's edition (12th). Continue reading at The Bookseller
[ The Bookseller | 2016-06-18 00:00:00 UTC ]
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These games got us pumpedThis isn’t your normal “best PC games of E3” roundup.Even though E3’s traditionally been a console show, the number of PC games announced at E3 2016 positively exploded. The “Day Zero” press events from the big publishers alone revealed nearly 50 new PC titles. There’s... Continue reading at PC World
[ PC World | 2016-06-17 00:00:00 UTC ]
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With the resurgence of print formats, indie booksellers are testing new business models, scouting new locations, and starting mini-chains. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-17 00:00:00 UTC ]
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Summer is here and with it, long afternoons and evenings that are perfect for curling up with an intriguing novel or nonfiction title. Looking for some inspiration? Here's Amazon's list of the best books of June with thoughts from Amazon editorial director Sara Nelson. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2016-06-16 00:00:00 UTC ]
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More than half of primary school pupils in the UK don’t have enough time to talk about books in the classroom, according to research released by Oxford University Press. Continue reading at The Bookseller
[ The Bookseller | 2016-06-16 00:00:00 UTC ]
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Following Edwards' departure, David Carey announces restructuring of Hearst Magazines to follow global strategy. The post Duncan Edwards Steps Down as CEO of Hearst Magazines International appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-06-15 00:00:00 UTC ]
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Withdrawal from the EU would lead to "suffering" in the creative industries, according to an open letter signed by 220 thought-leaders in the literary world, including 2015 Baileys winner Ali Smith and Granta editor Max Porter, recent winner of the International Dylan Thomas Prize. Continue reading at The Bookseller
[ The Bookseller | 2016-06-14 00:00:00 UTC ]
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Sunday Times literary editor Andrew Holgate has said it is "worth thinking about" introducing a Young Adult bestseller chart into the paper, after taking the decision to make vlogger Oli White's Generation Next (Hodder & Stoughton) number one on the upcoming Sunday Times adult fiction... Continue reading at The Bookseller
[ The Bookseller | 2016-06-13 00:00:00 UTC ]
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B&N readies a new concept location in D.C.; Canada’s oldest LGBTQ bookstore relocating; a former Cleveland bookstore could get a new lease in a one-time funeral home; and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-10 00:00:00 UTC ]
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The publishing business ought to consider its product exports and personnel imports before choosing its side, argues Diane Banks. Continue reading at The Bookseller
[ The Bookseller | 2016-06-09 00:00:00 UTC ]
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The Senate Rules Committee on Thursday voted to recommend that the full Senate approve President Obama's nomination of Carla Hayden as Librarian of Congress. If approved she will become the first woman and the first African American to hold the post. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-06-09 00:00:00 UTC ]
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Nayana Kakoma has a daughter and 'I cannot find her stuff to read that does not have ponies and long blonde hair.' So she's starting a publishing company in Uganda. The post ‘I Have To Make It Happen’: Uganda’s Newest Publishing House appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-06-09 00:00:00 UTC ]
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Her Last Tomorrow, Adam Croft’s latest DIY thriller, lifted his bedroom business into the sales stratosphere. He talks about paying off his mortgage in weeks and why he’s fine with publishers being ‘sniffy’“Could you murder your wife to save your daughter?” That’s the hook for a novel that has... Continue reading at The Guardian
[ The Guardian | 2016-06-02 00:00:00 UTC ]
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Publishers are addicted to the video format on Facebook, and it's easy to see why: they get much higher engagement on video posts than they do on article links, according to an analysis of NewsWhip data. The problem is that publishers have less ability to monetize the video they post to... Continue reading at Digiday
[ Digiday | 2016-05-31 00:00:00 UTC ]
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Effective immediately, Paul Slavin has been promoted to CEO of Open Road Integrated Media, while company cofounder and CEO Jane Friedman has been named chairman and executive publisher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
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