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'


The publications of the elegant Doves Press Bible: from the archive, 10 March 1904

The second volume of the five-volume Doves Press Bible has just appeared. Printed on a hand press and using an elegant and simple typeface, red initial letters are the only decoration in the book Nothing is so sad, writes Mr. Charles Rowley, as to see the finest things lost or obscured to us.... Continue reading at The Guardian

[ The Guardian | 2015-03-10 00:00:00 UTC ]
More news stories like this |


Time Inc. close to naming president of People

Time Inc., the nation's largest magazine publisher, is close to naming former TV executive Rich Battista to lead the company's largest brand, People magazine, as well as its sibling publication... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2015-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #people magazine #largest brand


L.A. Times Book Prize Finalists Announced

Fifty nominees in 10 categories are up for the awards, and the winners will be revealed on April 18. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-05 00:00:00 UTC ]
More news stories like this |


How to Make A Big Bang in Book-to-Film

Lisa Bruce spent years working on the film, The Theory of Everything, before convincing the author to sell the rights to the original memoir. The post How to Make A Big Bang in Book-to-Film appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-03-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big bang


How Publishers Make Native Ads Newsy

Native advertising was supposed to be marketers’ answer to banner blindness by creating ads that consumers would want to read and share. But by the time a native ad gets through all the necessary approvals and is shaped in a way that can sc ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-03-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #native advertising #native ad


Ex-McCann CEO Nick Brien Named Chief Executive of Hearst's iCrossing

Nick Brien, the advertising executive who formerly led McCann Worldgroup, is joining digital-marketing agency iCrossing as its CEO.Hearst Corporation, parent company of iCrossing, told staff of Mr. Brien's hiring this morning. His appointment, effective immediately, includes a new role at the... Continue reading at Advertising Age

[ Advertising Age | 2015-03-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #advertising executive #hearst corporation #told staff #effective immediately #interpublic group #universal mccann #starcom mediavest


Women dominate Sunday Times Short Story Award shortlist

Five women have made the shortlist for the £30,000 Sunday Times EFG Short Story Award. British newcomer Rebecca F John, whose first book will be published by Parthian this year, has been nominated for her story "The Glove Maker's Numbers", about a woman grieving over her brother, alongside... Continue reading at The Bookseller

[ The Bookseller | 2015-03-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sheltered woman


In Germany: Ebooks Less Than 10% of Market, Tolino Grows

Ronald Schild, CEO at Germany's MVB, discusses developments in German ebook sales — which still command just a single digit market share — and the Tolino ebook platform. The post In Germany: Ebooks Less Than 10% of Market, Tolino Grows appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ronald schild


Genital book makes odd title list

A book about the evolution of genitals is shortlisted for this year's Diagram Prize for the oddest book title of the year. Continue reading at BBC News

[ BBC News | 2015-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #diagram prize


Jill Abramson Signs $1M Book Deal – But Won't Settle Scores with New York Times

Jill Abramson, the former New York Times executive editor, has signed a rumoured $1m book deal – but readers hoping for a score-settling page turner may be disappointed, according to her publisher. Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-02-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jill abramson


Graphix celebrates its 10 year anniversary with Jeff Smith’s 'Bone'

The Scholastic imprint releases a tribute edition of their first graphic novel for young readers Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-02-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jeff smith #young readers


Walter Scott Prize longlist released for first time

Martin Amis, Sarah Waters and Jessie Burton have made the 15-strong longlist for the 2015 Walter Scott Prize for Historical Fiction. The longlist has been released for the first time following a 40% increase in entries this year.  Amis is longlisted for his dark love story set in a Nazi... Continue reading at The Bookseller

[ The Bookseller | 2015-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #martin amis #sarah waters #jessie burton #15-strong longlist #historical fiction #40% increase #miniaturist picador


Time to shine a light on the tax system

The argument that publishing company tax information in the public domain will be "misleading" - and therefore the plan should be dumped altogether - does not stack up. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2015-02-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tax system #public domain


Booksellers Celebrate 10 Years of Winter Institute

For some booksellers attending Winter Institute, the fist pumps began before their planes even touched down in Asheville, N.C. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #winter institute


Teenager’s 10 Steps To Become Successfully Self-Published

Aaron Ozee, a prolific 18-year-old self published poet, offers his sometimes unorthodox methodology for becoming a bestselling author. The post Teenager’s 10 Steps To Become Successfully Self-Published appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-02-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestselling author


Scribd Adds 10,000 Comics and Graphic Novels

Ebook subscription service Scribd has expanded its library to one million titles with the recent addition of more than 10,000 comic books and graphic novels. The post Scribd Adds 10,000 Comics and Graphic Novels appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-02-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #graphic novels #million titles


TV's Ad Market Remains Muted in Time Warner Results

The tepid ad market is continuing to give cable networks fits as they work to sell the commercial time they didn't book in the upfront, when advertisers shop for the upcoming TV season. Sales executives have been looking for strong growth in the so-called scatter market after a sluggish upfront... Continue reading at Advertising Age

[ Advertising Age | 2015-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #strong growth #conference call #flat market #ad sales #modest improvement


Time Inc. plunges on earnings, sales forecast

Time Inc., the magazine publisher spun off of Time Warner Inc. last year, plunged in New York trading after its fourth-quarter results and 2015 forecast were worse than analysts expected. The shares... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2015-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner #york trading #analysts expected


Well, This Is Different -- Time Inc. Now Selling Print Ads Programmatically

Machines are now selling some print ads at Time Inc.The nation's largest magazine publisher -- owner of People, Time, Sports Illustrated and InStyle -- is letting marketers buy print ads with the same automated technology used to buy digital ads. This type of deal, where a computer facilitates a... Continue reading at Advertising Age

[ Advertising Age | 2015-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print ads #sports illustrated #buy ads #media agency #buying ads #entertainment weekly


Authors on the Air February 10, 2015: David and Jason Benham

David and Jason Benham, authors of 'Whatever the Cost: Facing Your Fears, Dying to Your Dreams, and Living Powerfully' (W Publishing Group/HarperCollins, 9780718032999), will appear on 'Fox & Friends' on Tuesday, February 10. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fox friends