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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Patrick Radden Keefe Has One Big Rule for His Reading Time

“My iPhone must be dead, or secured in a lockbox of some sort,” says the journalist and author, whose latest book is the true-crime collection “Rogues.” Continue reading at The New York Times

[ The New York Times | 2022-06-23 09:00:21 UTC ]
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At 10, ‘Dragons Love Tacos’ is Still Flying Off Shelves

Adam Rubin and Daniel Salmieri teamed up on a picture book about imaginary creatures and hot salsa. It took on a life of its own. Continue reading at The New York Times

[ The New York Times | 2022-06-23 09:00:15 UTC ]
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Toronto Comic Arts Festival Makes In-Person Return

After a three year hiatus due to the pandemic, the Toronto Comic Arts Festival, held June 17-19, welcomed in-person artists and fans to the Toronto Reference Library for an international presentation of new titles and artists. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-23 04:00:00 UTC ]
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Children's Institute 10: Charlie Jane Anders Says ‘Magical Portals Exist, and Adults Aren’t Real’

The science fiction author drew a standing ovation from the Ci10 audience as she discussed her childhood and start as a writer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-23 04:00:00 UTC ]
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10 Essential Works of Fabulist Fiction

Kathryn Harlan, author of the new story collection 'Fruiting Bodies,' picks 10 books that represent fabulism at its best. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-22 04:00:00 UTC ]
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Amazon promises to fix Comixology after making the service nearly unusable

Nearly four months after integrating Comixology into its other services, Amazon acknowledged the platform has been left worse off. “We understand that the current experience needs improvements, and want you to know that we’re working hard to get those out the door as quickly as possible,” the... Continue reading at Engadget

[ Engadget | 2022-06-19 19:56:15 UTC ]
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10 of the Best Short Stories about Animals

What are some of the best, and best-known, short stories that feature animals? Many classic stories feature other species in prominent roles, whether it’s talking cats, dogs telling us their life stories, or primates giving academic reports at a conference (yes, really). Below, we select and... Continue reading at Interesting Literature

[ Interesting Literature | 2022-06-17 14:00:51 UTC ]
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An ode to the power of CEOs and capitalism to cure America’s ills

Journalist Alan Murray places his faith in business to solve society's greatest challenges. Continue reading at The Washington Post

[ The Washington Post | 2022-06-17 12:00:22 UTC ]
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What Makes a Great Audiobook?

What makes an audiobook stand out? Is it true that narrators can make or break the story? Some experts offer perspectives. Continue reading at Book Riot

[ Book Riot | 2022-06-17 10:36:00 UTC ]
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Amazon teases 30 free games and a $10 credit for Prime Day 2022

Amazon Prime Day is back for 2022. Despite its beginnings as a shopping “holiday” no one asked for, it’s grown to mammoth proportions—Amazon Prime members can expect a flood of discounts when the deals start dropping at midnight PT on Tuesday, July 12 and run through Wednesday, July... Continue reading at PC World

[ PC World | 2022-06-16 19:27:37 UTC ]
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Get The 10 Best Audiobook Narrators In Your Ears

From the best fantasy narrators to YA audiobook narrators, find the best audiobook narrators by genre to narrate your reading! Continue reading at Book Riot

[ Book Riot | 2022-06-16 10:35:00 UTC ]
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10 of the Best Stories Set in the Future

As the Danish physicist Niels Bohr probably never said, ‘predictions are hard, especially about the future.’ And although the job of authors of science fiction and speculative fiction isn’t to make accurate predictions about what our future lives might look like, but to entertain us by tapping... Continue reading at Interesting Literature

[ Interesting Literature | 2022-06-15 14:00:18 UTC ]
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Barbara Pym’s humor and stoicism are a welcome tonic for our times

Pym’s novels — witty tales of domestic life in British villages — have been compared to the works of Jane Austen. I see a link to Joyce, too. Continue reading at The Washington Post

[ The Washington Post | 2022-06-14 12:00:00 UTC ]
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20 Million People Watched Jan. 6 Hearings In Prime Time, Nielsen Says

The first of several hearings on last year's Capitol attack kicked off this week with a big audience. Continue reading at The Huffington Post

[ The Huffington Post | 2022-06-11 15:44:30 UTC ]
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Can we please make Banned Book Fairs the hot new nationwide trend?

As we’ve noted over and over again, the hottest new book trend sweeping the country is to ban them and/or burn them if they don’t align with your weird, paleoconservative, theocratic prejudices. Not great! But as ever is the case with this strange nation, when one group of Americans starts doing... Continue reading at Literrary Hub

[ Literrary Hub | 2022-06-10 17:01:27 UTC ]
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Frankfurter Buchmesse: ‘Making Democratic Values Visible’

Frankfurter Buchmesse reports that Hall 3 is almost sold out. This year, Frankfurt Audio and BookFest return, 4,000+ exhibitors expected. The post Frankfurter Buchmesse: ‘Making Democratic Values Visible’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-06-07 18:14:17 UTC ]
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Inside the $10,000 treasure hunt embedded in a children's art book

The children's book "Xavier Marx and the Missing Masterpieces" is a rhyming mystery. In it are clues to find a token worth $10,000 in continental U.S. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-06-06 16:55:51 UTC ]
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Train yourself to study more effectively and save time with this $49 bundle

Study is a vital part of any scholastic journey. But not all methods are the same. Some, indeed, are far more effective than others. Want to put yourself in a better position to excel? Then the 2022 Perfect Score Academic Success Master Class Bundle is a must-buy, especially as it’s on sale... Continue reading at PC World

[ PC World | 2022-06-01 23:38:22 UTC ]
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10 Must-Read June Children’s Book Releases

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[ Book Riot | 2022-06-01 10:38:00 UTC ]
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Bethanne Patrick's June highlights include Tom Perrotta's 'Election' sequel, essential new war histories and a fresh look at females of all species. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-05-31 14:00:49 UTC ]
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