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

Other Publishing stories related to: 'New NY Times CEO could make $10.5M'


It is once again time to kill for future Texas governor Matthew McConaughey.

If the last year has taught us anything, it’s that Austin’s (Lincoln-drivin’, Wild Turkey-suppin’, Longhorns-boostin’, emergency-broadcastin’, naked bongo-playin’, UT professorin’) favorite son, Matthew David McConaughey, is actually a far busier man than his famously laid-back public persona... Continue reading at Literrary Hub

[ Literrary Hub | 2021-03-19 18:40:38 UTC ]
More news stories like this | News stories tagged with: #book tour


The new Barnes and Noble NOOK is really just a 10-inch Android tablet made by Lenovo

Earlier today, I told someone there was a new Barnes and Noble NOOK. Their response? They had no idea Barnes and Noble was still putting out NOOK devices! Yeah, I can understand that thinking, as who in the heck even buys a NOOK nowadays? I mean, look, hardcore readers usually opt for an e-ink... Continue reading at Betanews

[ Betanews | 2021-03-19 17:52:47 UTC ]
More news stories like this | News stories tagged with: #earlier today #hardcore readers #reigns supreme


Barnes & Noble teamed up with Lenovo for its new 10-inch Nook tablet

Barnes & Noble has launched a new 10-inch Nook tablet that it has designed in collaboration with Lenovo. Continue reading at Engadget

[ Engadget | 2021-03-19 13:00:11 UTC ]
More news stories like this | News stories tagged with: #barnes noble


10 of the Best Gothic Horror Short Stories to Read Online

Whether it’s vampires or werewolves or mysterious patterns in wallpaper, writers of Gothic short stories have used all sorts of horrors and frights to chill our blood, ever since the horror short story developed in the early nineteenth century. Below, we pick ten of the very best Gothic horror... Continue reading at Interesting Literature

[ Interesting Literature | 2021-03-18 15:00:00 UTC ]
More news stories like this | News stories tagged with: #read online #short stories


Watch Viet Thanh Nguyen discuss 'The Committed' at the L.A. Times Book Club

Watch author Viet Thanh Nguyen talk about "The Committed" at the L.A. Times Book Club. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-03-11 00:19:23 UTC ]
More news stories like this | News stories tagged with: #times book


If writing’s got you down, remember that James Patterson’s first book was rejected 31 times.

Unless you’re a disgraced politician, trying to get a book published can be difficult, nerve-wracking, soul-denting work. If you’re anything like me, though, it really helps to hear that rejection is the rule in the publishing industry, rather than the exception. When my novel was out on... Continue reading at Literrary Hub

[ Literrary Hub | 2021-03-10 17:04:17 UTC ]
More news stories like this | News stories tagged with: #james patterson #publishing industry #book published


Religion Bestsellers: March 10, 2021

Five new nonfiction titles — with a common thread of empowering readers — join the top 10 bestsellers in February while fiction readers largely lean to familiar authors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-09 05:00:00 UTC ]
More news stories like this | News stories tagged with: #religion bestsellers


‘Brood,’ a quiet meditation on the small stuff, makes for a perfect pandemic read

Jackie Polzin’s novel finds the joy in raising chickens, baking — even cleaning. Continue reading at The Washington Post

[ The Washington Post | 2021-03-05 12:00:00 UTC ]
More news stories like this | News stories tagged with: #small stuff #jackie polzin


Tough times need indie spirit

When I left the publishing industry at the end of 2007, the first Kindle had gone on sale just a month earlier, Apple had not yet launched the iPad and few people in publishing knew what an app was. It was a very different world. Continue reading at The Bookseller

[ The Bookseller | 2021-03-05 11:09:47 UTC ]
More news stories like this | News stories tagged with: #tough times #kindle #publishing industry


In Kazuo Ishiguro’s ‘Klara and the Sun,’ a robot tries to make sense of humanity

Ishiguro’s first novel since winning the Nobel Prize in 2017 is a delicate, haunting story, steeped in sorrow and hope. Continue reading at The Washington Post

[ The Washington Post | 2021-03-02 16:46:21 UTC ]
More news stories like this | News stories tagged with: #kazuo ishiguro #make sense #nobel prize #first novel


Isabel Wilkerson, Jacob Soboroff, Akwaeke Emezi among L.A. Times Book Prize finalists

The awards recognize outstanding literary achievements in 12 categories, including the Ray Bradbury Prize for Science Fiction, with winners to be announced April 16. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-03-02 15:00:14 UTC ]
More news stories like this | News stories tagged with: #isabel wilkerson #akwaeke emezi #science fiction #times book


The time is right to cancel Dr. Seuss’s racist books

Anyone shocked by the cancellation of six Dr. Seuss books hasn’t been paying attention. Continue reading at The Washington Post

[ The Washington Post | 2021-03-02 06:26:28 UTC ]
More news stories like this | News stories tagged with: #paying attention #dr. seuss


Scott Mathews Named Tyndale House Ministries CEO

The Ministries is the umbrella organization for Tyndale House Publishers and the Tyndale House Foundation, which supports Christian charities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-01 05:00:00 UTC ]
More news stories like this |


Online retailer Bookshop.org makes 'remarkable' £1m for indies in first four months

Retail website Bookshop.org has made more than £1m in profit for indie bookshops, hitting the milestone just four months after its UK launch. Continue reading at The Bookseller

[ The Bookseller | 2021-02-28 21:26:00 UTC ]
More news stories like this | News stories tagged with: #indie bookshops


Joe Biden won the presidency by making the most of his lucky breaks

‘Lucky: How Joe Biden Barely Won the Presidency’ by Jonathan Allen and Amie Parnes is an inside account of the 2020 campaign. Continue reading at The Washington Post

[ The Washington Post | 2021-02-28 13:00:37 UTC ]
More news stories like this | News stories tagged with: #lucky breaks #inside account


The Challenge of Writing Humor in Dark Times

Writing duo Whitney Phillips and Ryan M. Milner negotiate how funny writing should be in an unfunny time. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-26 05:00:00 UTC ]
More news stories like this | News stories tagged with: #dark times #funny writing


10 of the Best Short Stories by Charles Dickens

Charles Dickens (1812-70) is best-known for his fifteen novels and for shorter books like A Christmas Carol. However, Dickens’s was a restless talent, and during his publishing career that spanned more than thirty-five years, he also wrote countless articles, essays, and short stories. Although... Continue reading at Interesting Literature

[ Interesting Literature | 2021-02-25 15:00:13 UTC ]
More news stories like this | News stories tagged with: #charles dickens #christmas carol #publishing career #short stories


10 Webtoons and Manga Like ONE PUNCH MAN

Do you love One Punch Man and want to read more things like it? Here's a list of webtoons, light novels, and manga like One Punch Man. Continue reading at Book Riot

[ Book Riot | 2021-02-23 11:39:00 UTC ]
More news stories like this | News stories tagged with: #light novels #manga


A library staffer has been fired for burning Trump and Ann Coulter books in his free time.

Cameron Williams, a former staffer at Chattanooga Public Library and a local Black Lives Matter activist, has been fired from his library job three months after being accused of “improperly” burning books written by Donald Trump and Ann Coulter. In December, as the Chattanooga Times Free Press... Continue reading at Literrary Hub

[ Literrary Hub | 2021-02-17 17:26:28 UTC ]
More news stories like this | News stories tagged with: #free time #books written