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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Azumah Nelson and Nolan vie for Sunday Times Young Writer of the Year Award

The Sunday Times Charlotte Aitken Trust Young Writer of the Year Award shortlist has been revealed featuring Megan Nolan, Costa Prize-winning Caleb Azumah Nelson and Cal Flynn among others.     Continue reading at The Bookseller

[ The Bookseller | 2022-01-23 07:16:43 UTC ]
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Young love: picture books oust children’s fiction for the first time in two decades

For the first time on record, picture books outsold fiction for young readers through the TCM, after clawing back a huge deficit. Continue reading at The Bookseller

[ The Bookseller | 2022-01-22 08:33:40 UTC ]
More news stories like this | News stories tagged with: #young love #young readers


Little People, Big Dreams: Children’s non-fiction posts all-time record return

If you chart the shift in the BookScan era of the publishing into Children’s & Young Adult Non-Fiction (CYANF), you see it evolving from, broadly, a more schools-book focused sector to one in which the vast bulk of the revenue is derived from trade titles. Continue reading at The Bookseller

[ The Bookseller | 2022-01-22 07:28:02 UTC ]
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10 Books About Books for Serious Bibliophiles

From reads about lexicographers and bookshop employees to librarians, these books about books, including The Sentence, are for serious bibliophiles only. Continue reading at Book Riot

[ Book Riot | 2022-01-21 11:36:00 UTC ]
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Legend Times moves to Macmillan Distribution

Legend Times is to move all of its publishing companies from Booksource to Macmillan Distribution (MDL). Continue reading at The Bookseller

[ The Bookseller | 2022-01-20 13:14:03 UTC ]
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Creative Access celebrates 10-year anniversary with new website and brand

Creative Access is celebrating its 10th anniversary with a new website and brand identity as industry heads such as Stephen Page and Tom Weldon pay tribute to the social enterprise’s impact.   Continue reading at The Bookseller

[ The Bookseller | 2022-01-19 22:49:33 UTC ]
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10 of the Best Short Stories about Death

Death is a common theme in literature, and many of the finest writers of short fiction have explored the fear, event, and aftermath of death using the short-story form. Below, we select and introduce ten of the very best classic short stories which have death as their theme, ranging from […] Continue reading at Interesting Literature

[ Interesting Literature | 2022-01-19 15:00:39 UTC ]
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That “book exchange” making the rounds on Instagram again isn’t what it seems.

Over this past week, you might have seen a familiar message popping up on your friends’ Instagram stories: something to the effect of, “I’m looking for people to participate in a huge book exchange. You can be anywhere in the world. All you have to do is buy your favorite book (just one) and... Continue reading at Literrary Hub

[ Literrary Hub | 2022-01-18 17:44:38 UTC ]
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How to make it rich as a bad art friend

Andrew Lipstein's "Last Resort" captures our tenuous ownership of life experiences and the vampiric practice of fiction writing. Continue reading at The Washington Post

[ The Washington Post | 2022-01-18 13:57:08 UTC ]
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Donaldson reigns supreme as backlist surge sees new authors make top 50

Once again the children’s writer Julia Donaldson tops the year-end ranking of writers through Nielsen, but a rise in sales of backlist titles saw a number of authors with large oeuvres make an appearance. Continue reading at The Bookseller

[ The Bookseller | 2022-01-16 10:02:13 UTC ]
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Is Steph Curry’s memoir worth $10 million?

I should preface this by saying that I’m a big fan of Steph Curry. He’s indisputably the greatest shooter of all time. He’s done more to revolutionize the game (for both good and ill I would argue, but that’s a discussion for another day…) than any other player of his generation. He proved the... Continue reading at Literrary Hub

[ Literrary Hub | 2022-01-14 18:13:15 UTC ]
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Four times Shakespeare has inspired stories about robots and AI

Science fiction is full of computer programmes and androids who fall afoul of the plots of some of Shakespeare’s most brutal tragedies. Continue reading at The Conversation

[ The Conversation | 2022-01-14 13:00:02 UTC ]
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Bandai Namco is making a 'My Hero Academia' battle royale for PS4, Xbox One and Switch

As if the market for battle royale games wasn’t crowded enough already, you’ll soon have another option in the form of My Hero Academia: Ultra Rumble. Based on the popular manga and anime, Bandai Namco teased the title in a Weekly Shōnen Jump article spotted by Gematsu.The latest issue of Weekly... Continue reading at Engadget

[ Engadget | 2022-01-13 16:55:22 UTC ]
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10 of the Best Etsy Kindle Covers For Your New Kindle

If you got a new Kindle for the holidays, keep it protected and looking great with these handmade or custom options from Etsy.- Matt Grant Continue reading at Book Riot

[ Book Riot | 2022-01-12 11:35:00 UTC ]
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10 Most Underrated Sherlock Holmes Stories

Lyndsay Faye, author of the new story collection 'Observations by Gaslight,' ranks the 10 Sherlock Holmes adventures most deserving of greater recognition. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-11 05:00:00 UTC ]
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Book Riot’s SFF Deals for January 10, 2022

Today’s edition of SFF Daily Deals is sponsored by the audiobook edition of The Starless Crown. `the audiobook edition of The Starless... Continue reading at Book Riot

[ Book Riot | 2022-01-10 13:52:42 UTC ]
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10 books to add to your reading list this month

Bethanne Patricks' January picks cover train wrecks, political drama, enraging inequality, the complications of polyamory and the joy of the ampersand. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-01-07 14:33:51 UTC ]
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PW Picks: Books of the Week, January 10, 2022

The books we love coming out this week include new titles by Elizabeth George, Alafair Burke, and Christopher Leonard. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-07 05:00:00 UTC ]
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Book Deals: Week of January 10, 2022

Alisa Lynn Valdés sells two thrillers to Thomas & Mercer, Roc Lit buys a book on Black motherhood from Jamilah Lemieux, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-07 05:00:00 UTC ]
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