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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JMP to publish Sally J Morgan's 'timely and pertinent' debut

John Murray Press will publish Sally J Morgan's debut Toto Among the Murderers on its J M Originals list this October. Continue reading at The Bookseller

[ The Bookseller | 2020-09-02 18:06:05 UTC ]
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Hunter and Bilan titles make BA books of the month

The Booksellers Association has announced The Harpy by Megan Hunter (Picador) and Jasbinder Bilan's Tamarind & The Star of Ishta (Chicken House) as its books of the month for September. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 16:53:41 UTC ]
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'Game of Thrones' duo are making a 'Three-Body Problem' series for Netflix

Fresh off of adapting a book series that did pretty well as a TV show, Game of Thrones creators David Benioff and D.B. Weiss are bringing another trilogy of novels to the small screen. Along with Alexander Woo (The Terror: Infamy and True Blood), the... Continue reading at Engadget

[ Engadget | 2020-09-01 15:20:58 UTC ]
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Lockdown diaries: changing times

In terms of technology, we were lucky to be well set up for remote working: our company had already made sure we were equipped with the things we needed to work from home, so when it was announced that the office was closing, I was able to carry on and keep things moving. Continue reading at The Bookseller

[ The Bookseller | 2020-08-31 12:07:37 UTC ]
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Clavis CEO Sets Sights on U.S. Talent

Clavis Publisher and CEO Philippe Werck believes there is illustration talent all over the world—and in launching the U.S. Key Colors Competition, he set out to find it. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-30 04:00:00 UTC ]
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This Saturday is Independent Bookstore Day: no better time to stock up on books.

Just a friendly reminder that tomorrow, August 29th, is Independent Bookstore Day. This year, the festivities will be both online and in-person at 600+ local bookstores around the country, starting tonight with a conversation between Mary Norris and Ann Goldstein about Elena Ferrante’s The Lying... Continue reading at Literrary Hub

[ Literrary Hub | 2020-08-28 17:01:59 UTC ]
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10 Short Stories About Women’s Transformations

The Little Mermaid sacrifices her tail for a human soul. The Navajo Changing Woman grows old and is reborn with the seasons. The nymph Daphne becomes a tree to escape lovesick Apollo. Women transform because we are hungry. We transform because we’re restless, and because we’re dangerous. Women... Continue reading at Electric Literature

[ Electric Literature | 2020-08-28 11:00:00 UTC ]
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Stores Making Covid-19 Independent Bookstore Day Adjustments

Independent Bookstore Day is going to be a quite different celebration of books and authors this year. While some bookstores are organizing hybrid festivities, at least one is holding a completely virtual event. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-27 04:00:00 UTC ]
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DK to publish follow-up to Rebecca Wilson's What Mummy Makes

DK will to publish ​What Mummy Makes: Family Meal Planner ​in December 2020, the follow-up to ​What Mummy Makes: Cook Just Once for You and Your Baby ​by Rebecca Wilson. Continue reading at The Bookseller

[ The Bookseller | 2020-08-26 14:00:44 UTC ]
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These 10 Manga Like NARUTO Are Giving You Heroes To Root For

Demons, ninja, enemies and friendships, these 10 manga like Naruto will be the perfect read after you finish the popular series, including Black Clover by Yuki Tabata. Continue reading at Book Riot

[ Book Riot | 2020-08-24 10:35:00 UTC ]
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Icon Books scoops Mulhall's 'terrifying and timely' fascism examination

Icon Books is set to publish Dr Joe Mulhall’s The Global Far Right: Its Rise and Our Future next year. Continue reading at The Bookseller

[ The Bookseller | 2020-08-20 22:57:23 UTC ]
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It’s Time for Disabled Writers to Tell Their Own Stories

Alice Wong’s work as an activist, podcaster, writer, qualitative researcher, and editor is on full display in her new anthology Disability Visibility: First Person Stories from the Twenty-First Century. Her new anthology is an extension of the projects she’s become known when it comes to always... Continue reading at Electric Literature

[ Electric Literature | 2020-08-19 11:00:00 UTC ]
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Diane Cook’s ‘The New Wilderness’ is accidentally timely but also timeless

The novel, about a family that gives up modern conveniences to live in the woods, is a brutal, beguiling fairy tale about humanity. Continue reading at The Washington Post

[ The Washington Post | 2020-08-17 16:10:42 UTC ]
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Meyer, Hannity Drove Sales Up 10% Last Week

Driven by strong sales from a host of new titles—including 'Midnight Sun' and 'Live Free or Die'—unit sales of print books rose 10.2% last week at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-14 04:00:00 UTC ]
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Tribune closing 5 newsrooms including NY Daily News

Tribune Publishing Company says it's closing the newsrooms of five newspapers including The Daily News in Manhattan, the Orlando Sentinel and The Capital Gazette in Annapolis, Maryland Continue reading at ABC News

[ ABC News | 2020-08-12 23:24:40 UTC ]
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Three new audiobooks make a long drive fly by

Among the picks: Natasha Trethewey’s poignant memoir, which the poet narrates herself. Continue reading at The Washington Post

[ The Washington Post | 2020-08-10 12:00:00 UTC ]
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Three Indie Presses Make Moves in Nonfiction

Deep Vellum Books, Europa Editions, and Transit Books—three independent publishing houses best known for their fiction in translation—are upping their nonfiction game. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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This Week's Bestsellers: August 10, 2020

Historian Timothy Snyder’s 2017 work ‘On Tyranny’ is the #2 book in the country. Plus Zadie Smith’s pandemic-era essay collection ‘Intimations’ lands at #3 in trade paper, and ‘Memorial Drive,’ poet Natasha Trethewey’s memoir, debuts at #17 in hardcover nonfiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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Book Deals: Week of August 10, 2020

Among the big books sold this week are a nonfiction book from former National Security Council member Fiona Hill, a nonfiction book on skyscrapers, and a book about how sports is helping the country to transform its understanding of sex and gender. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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Vermilion releases 10-year anniversary edition of Brown's Gifts

Ebury imprint Vermilion is releasing a 10th anniversary edition of Brené Brown’s The Gifts of Imperfection. Continue reading at The Bookseller

[ The Bookseller | 2020-08-07 00:31:24 UTC ]
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