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 ]
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Hughes wins £10,000 Encore Award for The Wild Laughter

Caoilinn Hughes has won the £10,000 RSL Encore Award for her "grand feat of comic ingenuity” The Wild Laughter (Oneworld). Continue reading at The Bookseller

[ The Bookseller | 2021-05-20 04:50:48 UTC ]
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Traveling (at last)? Take along the 10 best books of May.

When travel beckons, be sure to pack the 10 best books of May. Any journey feels more meaningful with a good novel or nonfiction title at hand. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2021-05-18 17:32:54 UTC ]
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The Thursday Murder Club makes a killing at the top

Richard Osman's The Thursday Murder Club (Viking) has booked a slot at the top of the UK Official Top 50 chart through Nielsen BookScan's TCM, selling 44,096 copies in its first three days on sale in paperback. Continue reading at The Bookseller

[ The Bookseller | 2021-05-18 10:35:07 UTC ]
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An Activist Makes a Case for Rest

A day of rest is an often-overlooked gift from God and a lesson in humility, too, says author Kate Rademacher, who shines a light on the Sabbath in 'Reclaiming Rest.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-12 04:00:00 UTC ]
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10 Essential Books Inspired by Greek Myth

Jennifer Saint, author of the new novel 'Ariadne,' picks her 10 favorite books that breathe new life into old legends. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-12 04:00:00 UTC ]
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Jim Shepard’s ‘Phase Six’ makes covid look like a dress rehearsal

You can spot strains of Michael Crichton in these thoughtful pages like panther paws grafted onto a lab-created sheep. Continue reading at The Washington Post

[ The Washington Post | 2021-05-11 11:00:00 UTC ]
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Rankin's A Song for the Dark Times hits the high note in top spot

Ian Rankin's A Song for the Dark Times (Orion) has clearly struck a chord with the book-buying public, reaching a crescendo in its first full week on sale and hitting the UK Official Top 50 number one spot. Continue reading at The Bookseller

[ The Bookseller | 2021-05-11 02:14:07 UTC ]
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‘Let’s Talk About Hard Things’ makes a compelling case that we should

Anna Sale’s book — an offshoot of her podcast — shows readers the value of opening up about death, sex, money and other subjects. Continue reading at The Washington Post

[ The Washington Post | 2021-05-10 12:00:00 UTC ]
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Try this easy tactic to trick your brain into making better decisions

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[ Fast Company | 2021-05-07 05:00:19 UTC ]
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This Week's Bestsellers: May 10, 2021

The latest Murderbot installment, 'Fugitive Telemetry,' debuts at #12 in hardcover fiction. Plus Jhumpa Lahiri makes her 'Whereabouts' known, and the Netflix series 'Shadow and Bone,' based on two Leigh Bardugo novels, boosts the author's sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-07 04:00:00 UTC ]
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PW Picks: Books of the Week, May 10, 2021

The books we love coming out this week include new titles by Edmund de Waal, Jake Tapper, and John Mullan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-07 04:00:00 UTC ]
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Book Deals: Week of May 10, 2021

Jeffery Deaver sells two thrillers to Putnam, Penguin buys a debut by the founder of the Brown Girl Therapy Instagram account, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-07 04:00:00 UTC ]
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William Collins pre-empts Finkelstein's family memoir of war-time persecution

Williams Collins has pre-empted a memoir by political columnist and commentator Daniel Finkelstein uncovering his family’s devastating experiences of persecution during the Second World War. Continue reading at The Bookseller

[ The Bookseller | 2021-05-05 16:01:10 UTC ]
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Kevin Merida takes the top job at the LA Times

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[ Columbia Journalism Review | 2021-05-04 12:30:57 UTC ]
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Sunday Times Audible Short Story Award longlist revealed

American authors dominate the 2021 longlist for the Sunday Times Audible Short Story Award, the world’s richest short story prize with £30,000 for the winner. Continue reading at The Bookseller

[ The Bookseller | 2021-05-01 18:26:14 UTC ]
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The former editor-in-chief of Attitude magazine asks whether publishing is experiencing a watershed moment for LGBTQ+ representation.  Continue reading at The Bookseller

[ The Bookseller | 2021-04-30 19:15:31 UTC ]
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Publishers like The Guardian become conscientious FLoC objectors, as The New York Times and others open to testing the controversial tech

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[ Digiday | 2021-04-26 04:01:00 UTC ]
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These are the 50 best-selling books of all time (on Amazon).

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[ Literrary Hub | 2021-04-23 16:45:58 UTC ]
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Why Writing a Memoir is Like Making Kimchi

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[ Electric Literature | 2021-04-22 11:00:00 UTC ]
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How to watch former President Obama and Ava DuVernay at the L.A. Times Book Club

Former President Barack Obama and filmmaker Ava DuVernay discuss "A Promised Land" at the L.A. Times Community Book Club. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-04-21 21:09:15 UTC ]
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