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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How to watch Tracy Kidder discuss "Rough Sleepers" at the L.A. Times Book Club

Tracy Kidder joins the L.A. Times Book Club to discuss "Rough Sleepers," about a doctor's mission to bring healing to homeless people. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-01-26 22:03:03 UTC ]
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10 of the Weirdest Moments From Prince Harry’s Memoir

These ten moments from SPARE are among the weirdest in this bestselling and highly anticipated memoir from Prince Harry. Continue reading at Book Riot

[ Book Riot | 2023-01-25 11:39:00 UTC ]
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10 of the Best Romcom Manga I Fell In Love With

Are you in love with love? Same! Let's read some of the best romcom manga that will for sure make you swoon and laugh all the time, like My Love Mix-Up! by Wataru Hinekure. Continue reading at Book Riot

[ Book Riot | 2023-01-24 11:31:00 UTC ]
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“Phenomenal” woman Meena Harris makes the leap from t-shirt branding to book publishing

Phenomenal Media, a company launched by Kamala Harris’ niece that celebrates underrepresented women, is debuting a new partnership with Hachette Books. In 2016, Meena Harris started designing statement t-shirts that quite literally made a statement. Her most famous one read “Phenomenal Woman,”... Continue reading at Fast Company

[ Fast Company | 2023-01-24 08:00:00 UTC ]
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10 Essential Books for Teens by Indigenous Authors

Angeline Boulley, a Printz Award Winner for 'Firekeeper’s Daughter' and the author of the forthcoming 'Warrior Girl Unearthed,' recommends 10 must-read books by Indigenous authors for teens. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-20 05:00:00 UTC ]
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10 Books by Native Authors That Left Their Mark on Me

Poet and memoirist Sasha taqʷšəblu LaPointe recommends 10 books by Indigenous writers that influenced her. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-20 05:00:00 UTC ]
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The Making of ‘Tephlon Funk’: PW Talks with Stephane Metayer

'PW' talks with Stephane Metayer about the making of 'Tephlon Funk!,' a fast-paced paranormal adventure graphic novel set in the Queensbridge housing projects in New York City in the 1990s. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-18 05:00:00 UTC ]
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10 Essential Works in American Indian History

Yale University historian Ned Blackhawk, author of 'The Rediscovery of America,' selects 10 must-read works of Native American history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-18 05:00:00 UTC ]
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10 Books That Men Love

Katie Hafner, author of the novel 'The Boys,' takes note of 10 books that resonate with male readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-17 05:00:00 UTC ]
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Boris Johnson to publish ‘memoir like no other’ of his time as PM

The book, which so far has no title or publication date, was announced by publisher William Collins, who did not reveal how much Johnson will be paidA memoir by former prime minister Boris Johnson, covering his years as leader, will be published by HarperCollins, it has been announced.The book,... Continue reading at The Guardian

[ The Guardian | 2023-01-16 16:38:43 UTC ]
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Hachette CEO Michael Pietsch on Book Sales, Copyright, and More

In a letter to agents and authors, HBG CEO Michael Pietsch touched on a number of topics, including the sales outlook for trade books, the lawsuit against the Internet Archive, and increasing direct-to-consumer marketing and sales efforts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-10 05:00:00 UTC ]
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Amazon's Kindle Scribe is on sale for the first time, plus the rest of the week's best tech deals

When we weren't distracted by all the cool stuff at CES, we found some pretty great deals on tech that you can buy right now. Amazon's just-released Kindle Scribe, with both reading and writing capabilities, saw its first-ever discount and Razer discounted many of their 2022 Blade 15 gaming... Continue reading at Engadget

[ Engadget | 2023-01-06 19:05:41 UTC ]
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OverDrive Digital Library Circulation Grew 10% in 2022

The 2022 figures suggest that demand for digital resources in libraries continues to be robust even as the rate of growth slows from pandemic levels. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-06 05:00:00 UTC ]
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The Worst Book Titles of All Time

Let's talk about great book titles. But in order to find out what makes a good book title, let's first explore the worst book titles. Continue reading at Book Riot

[ Book Riot | 2023-01-03 11:36:00 UTC ]
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12 Sci-Fi Stories to Help Make Sense of the Climate, Risk, and Our Digital Lives

Don’t miss these short stories featuring firefighting drones, lab-grown mammals, long-buried fan fiction, and much more. Continue reading at Slate

[ Slate | 2022-12-30 10:50:00 UTC ]
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10 books to add to your reading list in January

Bethanne Patrick's picks for January 2023 include an Indian gangster tale, a dystopian epic and musings from Amy Sherald and Mario Vargas Llosa. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-12-29 17:31:23 UTC ]
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10 New Books Coming in January

Watch for a follow-up to Leigh Bardugo’s “Ninth House” and a damning investigation of cobalt mining. Oh, maybe you’ve heard about a new memoir coming from Prince Harry? Continue reading at The New York Times

[ The New York Times | 2022-12-29 16:00:14 UTC ]
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10 of the Best Kate Chopin Stories Everyone Should Read

The short stories of the American writer Kate Chopin (1850-1904) are important precursors to twentieth-century modernism, and can be viewed as forerunners to the short fiction of Katherine Mansfield, Virginia Woolf, and other high modernists. Where other nineteenth-century writers tended to... Continue reading at Interesting Literature

[ Interesting Literature | 2022-12-28 15:00:24 UTC ]
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10 Science Fiction Books by Black Women Writers

This past summer, an auntie of mine dusted off an old cardboard box of books from a cluttered storage unit, and handed me a slim blue and gold paperback with soft, slightly frayed corners and a creased spine by Octavia E. Butler. I had never read science fiction that featured a Black girl being... Continue reading at Electric Literature

[ Electric Literature | 2022-12-28 12:00:00 UTC ]
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Print Book Sales Rose 10% in Last Week Before Christmas

Helped by an extra Saturday of sales compared to 2021, unit sales of print books rose 10% last week over the week ended December 25, 2021, at outlets that report to NPD BookScan. All six major categories posted increases in the week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-28 05:00:00 UTC ]
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