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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Joanna Prior Succeeds Anthony Forbes Watson as Pan Macmillan CEO

A major move for women in leadership in the English-language book publishing markets, Prior moves from Penguin Random House UK to helm Pan Macmillan in London. The post Joanna Prior Succeeds Anthony Forbes Watson as Pan Macmillan CEO appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-09-30 13:15:15 UTC ]
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10 Strangest Sci-Fi Dystopias

Lincoln Michel, author of the new novel 'The Body Scout,' picks 10 of his favorite dystopian novels. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-30 04:00:00 UTC ]
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When the Times Book Review Panned the Classics

Some of today’s best-loved books — think “Catch-22,” “Tender Is the Night” and even “Anne of Green Gables” — had a rocky reception in our pages. Continue reading at The New York Times

[ The New York Times | 2021-09-29 09:00:26 UTC ]
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10 of the Best Very Short Stories That Can Be Read Online

One very short story – often attributed to Ernest Hemingway but actually the work of another writer – is just six words long: ‘For sale: baby shoes, never worn’. And some of the greatest fiction-writers of the last two centuries have written memorable short stories which stretch to little more […] Continue reading at Interesting Literature

[ Interesting Literature | 2021-09-25 14:00:49 UTC ]
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Holly Smale | 'Change happens one story at a time, reminding the world what autism is from the inside'

Holly Smale, bestselling author of the Geek Girl series, discusses how autistic characters, and authors, should no longer be seen as ‘niche’ Continue reading at The Bookseller

[ The Bookseller | 2021-09-23 18:27:19 UTC ]
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Haruki Murakami makes friends with Americans by wearing his “I Put Ketchup On My Ketchup” shirt.

Haruki Murakami is a collector: of vinyl records, T-shirts, and short stories (ha ha ha). He’s donated his collection of over 10,000 vinyl records to Waseda University, but keeps his T-shirts in cardboard boxes at his home. According to Murakami, his collection came about somewhat by accident:... Continue reading at Literrary Hub

[ Literrary Hub | 2021-09-21 16:25:57 UTC ]
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Amazon's upgraded Kindle Paperwhite lineup makes the best e-reader even better

Official news came much sooner than expected. On Tuesday, just a day after leaks surfaced on the company’s Canadian and Mexican sites about models with a bigger screen and dramatically more LEDs, Amazon confirmed the launch of three new Kindle Paperwhites. In addition to a successor for the... Continue reading at PC World

[ PC World | 2021-09-21 13:00:00 UTC ]
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Richard Osman's The Man Who Died Twice makes a killing

Richard Osman's The Man Who Died Twice (Viking), the sequel to his blockbuster debut The Thursday Murder Club, has thundered into the UK Official Top 50 number one spot, selling 114,202 copies in its first week on sale. Continue reading at The Bookseller

[ The Bookseller | 2021-09-21 06:44:44 UTC ]
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T.C. Boyle captures the intersection of folly and progress. This time, it’s the ill-fated Project Nim.

‘Talk to Me,’ by T.C. Boyle, was inspired by a 1970s experiment in which researchers tried to teach a young chimpanzee American Sign Language. Continue reading at The Washington Post

[ The Washington Post | 2021-09-20 12:00:00 UTC ]
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Covid-19 Forces ALA to Make Inaugural LibLearnX Conference Virtual Only

The ALA's plans to hold the in-person portion of its new LibLearnX conference in San Antonio have been shelved due to the Covid-19 surge, coupled with the size, scope and location of the event, the ALA said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-16 04:00:00 UTC ]
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10 Things You (Probably) Didn't Know About Food

Matti Siegel, author of 'The Secret History of Food,' spills the beans on vanilla, beer, ice cream, Chilean sea bass, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-15 04:00:00 UTC ]
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Nadifa Mohamed is sole British writer to make Booker prize shortlist

The author of The Fortune Men will now compete with five other novelists from South Africa, Sri Lanka and the US for the 2021 awardAlex Clark explores how the Booker shortlist tunes in to the worries of our ageJust one British author has made the shortlist for this year’s Booker prize: Nadifa... Continue reading at The Guardian

[ The Guardian | 2021-09-14 15:25:06 UTC ]
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What is the role of art in times of turmoil? ‘A Play for the End of the World’ offers no easy answers.

A novel by Jai Chakrabarti follows two productions of a play staged decades apart as acts of resistance. Continue reading at The Washington Post

[ The Washington Post | 2021-09-14 13:00:00 UTC ]
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'Keep making the world a better place' Osman urges booksellers

Richard Osman has praised the "passion and intelligence" of booksellers up and down the UK, applauding their hard work and adaptability during the pandemic. Continue reading at The Bookseller

[ The Bookseller | 2021-09-12 17:58:45 UTC ]
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Amazon is updating Kindles to make them easier to navigate

Amazon is rolling out a software update for its Kindle, Paperwhite and Oasis devices that could make them easier to use. The company announced the changes will be arriving in the coming weeks for Kindles 8th-generation and later, Paperwhites 7th-generation and newer as well as the Oasis... Continue reading at Engadget

[ Engadget | 2021-09-10 22:45:31 UTC ]
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Jane Austen makes a cameo in a charming new novel about friendship and the literary life

‘Jane Austen and Shelley in the Garden’ whisks readers to Cambridge, Wales and Venice, in the company of a delightful gang of scholars. Continue reading at The Washington Post

[ The Washington Post | 2021-09-10 12:00:00 UTC ]
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Caldwell shortlisted for BBC National Short Story Award for third time

Lucy Caldwell has been shortlisted for the BBC National Short Story Award for the third time, in a year dominated by new voices. Continue reading at The Bookseller

[ The Bookseller | 2021-09-10 09:37:40 UTC ]
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BBC Books lands Match of the Day Top 10 book

BBC Books is releasing Match of the Day: Top 10 of Everything by Gary Lineker, Alan Shearer, and Micah Richards, to accompany a new 30-episode series of the hit BBC Sounds podcast. Continue reading at The Bookseller

[ The Bookseller | 2021-09-10 02:05:35 UTC ]
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Sanghera, Akbar and Radden Keefe make Baillie Gifford Prize longlist

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[ The Bookseller | 2021-09-09 11:28:51 UTC ]
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