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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Make summer last longer with the 10 best books of August

The latest mystery from Louise Penny, a probing novel by Richard Russo, and Sarah M. Broom’s memoir of living in New Orleans, all made our list this month. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2019-08-12 18:22:23 UTC ]
More news stories like this | News stories tagged with: #make summer #latest mystery #louise penny #richard russo #memoir


Make summer last longer with the 10 best books of August

The latest mystery from Louise Penny, a probing novel by Richard Russo, and Sarah M. Broom’s memoir of living in New Orleans, all made our list this month. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2019-08-12 18:22:23 UTC ]
More news stories like this | News stories tagged with: #make summer #latest mystery #louise penny #richard russo #memoir


Weekly E-Ranking: Kay makes surgical strike for all-time record

Adam Kay's This is Going to Hurt (Picador) is now dizzingly close to a Weekly E-Book Ranking chart record no-one could have predicted, as it claims its 18th weekly number one. Continue reading at The Bookseller

[ The Bookseller | 2019-08-02 05:52:23 UTC ]
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10 Anime and Manga Enamel Pins to Make You Smile

Do you like reading manga and want to show off your favorite series? Then check out these anime and manga enamel pins that you can wear! Continue reading at Book Riot

[ Book Riot | 2019-07-22 10:40:40 UTC ]
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New Booker Prize sponsors make Sunday Times Rich List top 50

Husband and wife Sir Michael Moritz and Harriet Heyman are among the 50 wealthiest individuals or families in the UK, worth £3bn, according to the Sunday Times Rich List. Continue reading at The Bookseller

[ The Bookseller | 2019-05-14 00:00:00 UTC ]
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AT&T raises DirecTV Now prices, making chumps of those who backed Time Warner merger

From the day in 2016 when AT&T announced its $85.4-billion merger with Time Warner, through three years of antitrust wrangling over the deal, the big telecommunications company promised that it would mean lower prices and more choices for consumers. Now AT&T has a message for everyone... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-19 00:00:00 UTC ]
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Evaristo and Caldwell make Shafak's top 10 exciting women writers list

Elif Shafak has revealed her selection of ten of the most exciting women writers working in the UK. Continue reading at The Bookseller

[ The Bookseller | 2019-03-13 00:00:00 UTC ]
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Time's editor-CEO shares his vision for a magazine under new ownership

Subscribe to us on iTunes, check us out on Spotify and hear us on Stitcher, Google Play and iHeartRadio too. This is our RSS feed. Tell a friend!When Meredith Corp. put Time magazine on the block following its purchase of Time Inc. in Nov. 2017, it tapped editor-in-chief Edward Felsenthal to... Continue reading at Advertising Age

[ Advertising Age | 2018-12-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rss feed #meredith corp #unorthodox role #daily beast #investment banking #latest episode


Time's editor and CEO shares his vision for a magazine under new ownership

When Meredith Corp. put Time magazine on the block following its purchase of Time Inc. in Nov. 2017, it tapped editor-in-chief Edward Felsenthal to spearhead the process. Perhaps an unorthodox role... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2018-12-06 00:00:00 UTC ]
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Justice Department makes final plea to judge to halt AT&T's proposed purchase of Time Warner or significantly scale it back

The government on Monday made its final plea to a federal judge to block AT&T Inc.’s $85.4-billion purchase of Time Warner Inc. or order it significantly scaled back, arguing that the combined company would be so powerful it would hinder competition and raise pay TV prices for consumers.... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-30 00:00:00 UTC ]
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Time Warner CEO Jeffrey Bewkes' compensation soars to $49 million

Compensation for Time Warner Chief Executive Jeffrey Bewkes — who is hoping to take a victory lap after orchestrating the sale of his company to AT&T — soared to $49 million in 2017, according to a regulatory filing. His 2017 compensation was 50% higher than the previous year, when he... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-28 00:00:00 UTC ]
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Time Warner CEO Jeff Bewkes calls government antitrust allegations 'ridiculous'

Time Warner Inc.’s chief executive testified Wednesday that the government’s assertions that AT&T Inc. wanted to buy the company to use its programming as leverage over distributors “makes no sense” because it would limit viewership. “I think it’s ridiculous. It’s not how this works,” Jeff... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-18 00:00:00 UTC ]
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Transworld probe will consider how to make better use of work time

Transworld is publishing Make Time by Jake Knapp and John Zeratsky, which will explore how to make better use of your work time. Continue reading at The Bookseller

[ The Bookseller | 2018-01-13 00:00:00 UTC ]
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Get 'Smart Work -- How to Boost Your Productivity in 3 Easy Steps' ($10 value) FREE for a limited time

Are you drowning in constant emails, phone calls, paperwork, interruptions and meeting actions? Smart Work is the busy professional's guide to getting organized in the digital workplace You'll develop a simple and sustainable productivity system to organize your actions, manage your inputs and... Continue reading at Betanews

[ Betanews | 2017-11-17 00:00:00 UTC ]
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The ‘New York Times’ Books Desk Will Make You Read Again

Its chief critic took a buy-out. It's consolidating like crazy. But the Gray Lady's books team is neither flailing nor failing. Here's what it is doing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-20 00:00:00 UTC ]
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Time Inc. CEO as Sale Talks End: 'This Company Has Largely Under-Exposed Its Brands'

It's official: Time Inc. has not found a buyer -- and is no longer considering offers. In an announcement that put a cap on months of speculation over who would buy the publishing giant and when, Time Inc. said Friday morning that the "Company will continue to pursue its strategic plan."The... Continue reading at Advertising Age

[ Advertising Age | 2017-04-28 00:00:00 UTC ]
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Printing money: 10 of the richest book deals of all time

The Obamas’ $60m book deal has broken all records. From James Patterson to JK Rowling and Pope John Paul II, here are some of their closest rivals1. Seventeen books by James Patterson ($100-150m)When? 2009 Related: The audacity of hype: could Obama's presidential memoir be the greatest ever? ... Continue reading at The Guardian

[ The Guardian | 2017-03-01 00:00:00 UTC ]
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Joe Ripp out as Time Inc. CEO

Following three years of nearly frenzied activity aimed at turning the No. 1 magazine publisher into a digital innovator, Joe Ripp has been replaced as chief executive of Time Inc. Relative newcomer... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2016-09-13 00:00:00 UTC ]
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Time Inc. Shifts to Selling Ads by Category Instead of by Its Brands. Will It Make A Difference?

As a "digital-first company," Time Inc. is now trying to keep pace with tech giants like Google, Facebook, and Comcast, in addition to fellow magazine publishers like Hearst and Cond Nast.That's one of the big reasons why Time Inc. is embracing a category-focused, more streamlined approach to... Continue reading at Advertising Age

[ Advertising Age | 2016-08-03 00:00:00 UTC ]
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USA Today owner makes $815m offer for LA Times publisher

Gannett hopes to make $50m a year in savings from takeover of Tribune PublishingGannett, which owns local newspaper publisher Newsquest in the UK, has made a $12.25 (£8.44) per share offer to take over Tribune Publishing.The all-cash offer, a 63% premium on Tribune’s closing share price on... Continue reading at The Guardian

[ The Guardian | 2016-04-25 00:00:00 UTC ]
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