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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Zamora: It's time for the Pulitzer Prize for literature to accept noncitizens

As a previously undocumented person, all I've wanted was to be considered the same as everyone else. Defined by my merit, not by the place of my birth. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-07-20 20:55:53 UTC ]
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10 of the Best Historical Science Fiction Books

History and science fiction collide in these historical science fiction books like Radiance by Catherynne M. Valente, where the future is retro and retro is the future. Continue reading at Book Riot

[ Book Riot | 2023-07-20 10:34:00 UTC ]
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How to watch bestselling author Luis Alberto Urrea at the L.A. Times Book Club

Luis Alberto Urrea, author of 'Good Night, Irene,' joins L.A. Times Book Club readers live on July 19. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-07-19 20:38:21 UTC ]
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10 Brilliantly Unexpected Jane Austen Homages

For anyone who's ever wanted to read about Elizabeth Bennett riding dragons and Elinore Dashwood solving murders, Julia Seales, the author of 'A Most Agreeable Murder', selects 10 inventive Jane Austen riffs. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-14 04:00:00 UTC ]
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The Morning After: The Amazon Prime Day deals worth your time and money

It’s back and here to ruin our savings and increase the gadgets in our homes. Yes, Amazon Prime Day isn’t entirely about headphones, tablets and wearables, but for Engadget staff… well, it feels like it is. Prime Day deals on tech are typically only matched by Black Friday and Cyber Monday... Continue reading at Engadget

[ Engadget | 2023-07-11 11:15:13 UTC ]
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BBC: Metropolitan police say ‘no investigation at this time’ into suspended presenter – latest updates

Force says detectives met with BBC to discuss allegations presenter paid teenager for sexual images Persephone Bridgman Baker, a partner at Carter-Ruck, has spoken on Sky News about the legal situation, reminding viewers why the name of the presenter has been kept from the public eye so far. She... Continue reading at The Guardian

[ The Guardian | 2023-07-10 14:37:56 UTC ]
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Book Deals: Week of July 10, 2023

William Morrow lands Hugo and Nebula award winner Nnedi Okorafor, drag queen Kim Chi sells a cookbook to Union Square, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-07 04:00:00 UTC ]
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PW Picks: Books of the Week, July 10, 2023

Our favorite books coming out this week include new titles from Jess Everlee, Beth Kempton, Lorissa Rinehart, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-07 04:00:00 UTC ]
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Tattered Cover Names New Interim CEO

Tattered Cover has named Brad Dempsey interim CEO of the Denver bookstore chain, replacing CFO Margie Keenan, who served as interim CEO after former CEO and co-owner Kwame Spearman left in April to start a political career. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-06 04:00:00 UTC ]
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Animated GIF generator from Picsart makes AI fun again

Remember the early days of the AI hype train, when everyone spent their time making stupid images using text prompts? If you want to recapture the nostalgic haze of, uh, late 2022, Picsart has got you covered. The popular image editor just launched an AI-powered animated GIF generator.The major... Continue reading at Engadget

[ Engadget | 2023-07-03 17:59:35 UTC ]
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10 Books with Irresistible Anti-Heroines

Always rooting for the anti-heroine, Rita Chang-Eppig, author of 'Deep as the Sky, Red as the Sea' (Bloomsbury), recommends 10 books with morally gray female protagonists. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-03 04:00:00 UTC ]
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Ordinary People in Extraordinary Times: Life Under Occupation in WWII

Before you say it, I know: there are so, so many books about the Second World War. And when I set out to write my most recent novel, The Paris Deception, the thought crossed my mind—do we really need another book about Paris during the war? But historical fiction is a rich field, and there […] Continue reading at Literrary Hub

[ Literrary Hub | 2023-06-30 08:55:14 UTC ]
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10 books to add to your reading list this July

Bethanne Patrick's 10 recommended books for July include memoirs on mothers and art, histories of muscle and heat, a new caper from Colson Whitehead and more. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-06-29 19:18:11 UTC ]
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Amazon sale drops the Kindle Paperwhite, Echo Dot and Fire tablets for kids to all-time lows

You can get your kid a new e-reader or tablet at a discount from Amazon right now if you're looking to stoke their love of reading or just simply want to get them a new toy. The 8GB Kindle Paperwhite Kids is currently on sale for $90 for Prime members, which is 44 percent off its list price of... Continue reading at Engadget

[ Engadget | 2023-06-21 10:55:36 UTC ]
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Cannes Today—Twitter and Meta make pitches, Omnicom hooks up with Google AI and Grand Prix latest

Welcome to Day Two of Ad Age’s Cannes Today newsletter. Reading this online and want it delivered straight to your inbox? Sign up here.  For real-time updates, follow our live blog. And see all our coverage here. Plus, click here for a recap of Day One. Twitter is beachless but bullish and Meta... Continue reading at Advertising Age

[ Advertising Age | 2023-06-20 20:38:54 UTC ]
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Authors of ‘And Tango Makes Three’ Sue Over Florida Law Driving Book Bans

The authors of a picture book about a penguin family with two fathers sued the state and a school district that removed the book from libraries. Continue reading at The New York Times

[ The New York Times | 2023-06-20 14:25:50 UTC ]
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Video: Watch Elliot Page discuss 'Pageboy' at the L.A. Times Book Club

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[ Los Angeles Times | 2023-06-15 17:06:58 UTC ]
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[ Publishers Weekly | 2023-06-13 04:00:00 UTC ]
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[ Publishers Weekly | 2023-06-09 04:00:00 UTC ]
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The 10 Most Mysterious Shakespeare Sonnets

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[ Publishers Weekly | 2023-06-09 04:00:00 UTC ]
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