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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Gill Lewis shortlisted for Little Rebels Award for fifth time

Author Gill Lewis has been shortlisted for a fifth time in the Little Rebels Award's eight-year history for The Closest Thing to Flying (OUP). Continue reading at The Bookseller

[ The Bookseller | 2020-07-14 03:33:09 UTC ]
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Former Bobit CEO Launches New Company, Acquires Machine Learning Conference

An ongoing pause on large-scale gatherings in the U.S. during the second quarter of 2020, unsurprisingly, also led to a near-total shutdown of M&A activity in the conference and trade show space. At the onset of Q3, however, the Machine Learning Conference—an eight-year-old events series... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-13 16:41:14 UTC ]
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National Book Awards Makes the Move to Digital: November 18

The States' 71st National Book Awards ceremony follows other international publishing events onto the ether, as 'a beacon of hope for all who attend.' The post National Book Awards Makes the Move to Digital: November 18 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-10 17:02:00 UTC ]
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10 Eclectic Books With Beatles Songs as Titles

A wide array of books, from literary fiction to romance to YA, have borrowed their titles from songs by The Beatles. Continue reading at Book Riot

[ Book Riot | 2020-07-10 10:34:48 UTC ]
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Make sure mid-tier titles aren't lost in packed autumn, Fry warns

Marketing and publicity teams need to make sure their middle-tier titles don't get lost in the crowded autumn, Canongate commercial director Jenny Fry has warned. Continue reading at The Bookseller

[ The Bookseller | 2020-07-09 17:47:50 UTC ]
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O'Porter, Harris and Fallon make Richard and Judy's Summer Book Club list

Novels by Dawn O'Porter, Robert Harris and Jane Fallon are among the six-strong line up for Richard and Judy's Book Club this summer.  Continue reading at The Bookseller

[ The Bookseller | 2020-07-08 22:08:41 UTC ]
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NY Mag Hires Editorial Director for Audio, Promotes 3 Others

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1511205296876-0'); }); The post NY Mag Hires Editorial Director for Audio, Promotes 3 Others appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-08 16:00:39 UTC ]
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Two new horror novels make sense of our current dystopian reality

Josh Malerman’s “Malorie” and Paul Tremblay’s “Survivor Song” are timely in ways the authors could never have expected. Continue reading at The Washington Post

[ The Washington Post | 2020-07-07 12:00:00 UTC ]
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10 Audiobook Thrillers With Complicated Relationships

If thrillers with complicated relationships are your cup of murder-y tea, here are some audiobook thrillers to keep you in suspense. Continue reading at Book Riot

[ Book Riot | 2020-07-07 10:32:59 UTC ]
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Target non-traditional media to make campaigns inclusive, Seaward says

Publishers need to target non-traditional outlets and realise the media has changed if they want to make their book campaigns more inclusive, Dialogue senior publicity manager Millie Seaward has said. Continue reading at The Bookseller

[ The Bookseller | 2020-07-07 06:42:34 UTC ]
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Under Newly Elected Chairman, Ebony Board Ousts CEO

The board of directors at Ebony has removed CEO Willard Jackson, the magazine said Sunday, citing an ongoing independent investigation into "a number of transactions that Jackson led." A co-founder and vice chairman of Clear View Group (CVG), the private equity firm that acquired Ebony from... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-06 17:59:58 UTC ]
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Christopher Buckley’s ‘Make Russia Great Again’ is the Trump satire we’ve been waiting for

Many fiction writers have tried and failed to find comedy in the current administration. Finally, we have something to laugh about. Continue reading at The Washington Post

[ The Washington Post | 2020-07-06 10:12:47 UTC ]
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Oral Arguments Set in B&N's Bid to Knock Out Former CEO's Defamation Claim

Judge Mary Kay Vyskocil has set August 6 at 11 a.m. for oral argument on a Barnes & Noble motion to knock out two of the most dangerous—and potentially costly—claims in a lawsuit filed against the retailer by fired CEO Demos Parneros in August of 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-06 04:00:00 UTC ]
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Scholastic CEO talks civil unrest, pandemic

When the pandemic shut down U.S. schools nationwide in March, Scholastic Corp. immediately offered a free online learning hub for millions families with kids Continue reading at ABC News

[ ABC News | 2020-07-05 14:03:09 UTC ]
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Niamh Campbell wins £30,000 Sunday Times Audible Short Story Award

Niamh Campbell has been awarded the Sunday Times Audible Short Story Award for her "original and touching" piece "Love Many". Continue reading at The Bookseller

[ The Bookseller | 2020-07-02 16:30:36 UTC ]
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Michele Kirsch wins £10,000 RSL Christopher Bland Prize

Michele Kirsch has won this year's Royal Society of Literature Christopher Bland Prize, for her memoir Clean (Short Books). Continue reading at The Bookseller

[ The Bookseller | 2020-07-02 15:40:23 UTC ]
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10 Of The Most Anticipated Book Releases Of July 2020

Including the long-awaited new novel from David Mitchell, bestselling author of "Cloud Atlas" and "The Bone Clocks." Continue reading at HuffPost

[ HuffPost | 2020-07-02 15:00:33 UTC ]
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It's time for the Mind Body Spirit genre to shed its missionary legacy

Throughout my life I’ve been a fan of Mind Body Spirit (MBS) books; in fact, I’m curently at book proposal stage for my own. In recent times, however, I have been less inclined to get excited about the launches I get invited to. Despite the camaraderie of fellow writers, the very visible lack of... Continue reading at The Bookseller

[ The Bookseller | 2020-06-29 03:20:51 UTC ]
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TikTok Tells Brands Not to ‘Make Ads’ at First-Ever NewFronts

Ahead of TikTok's presentation at the 2020 Digital Content NewFronts, the company released a new umbrella brand called TikTok for Business for its advertiser offerings. TikTok, a newcomer to NewFronts, adapted its vertical-first format for a horizontal presentation. The main message to brands in... Continue reading at AdWeek

[ AdWeek | 2020-06-25 21:01:24 UTC ]
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Know What You’re Making, and Why: A Conversation with Aziza Barnes

Banner image by Jazzy Harvey. ¤ ONE OF MY FAVORITE statements about Los Angeles, something that really captures its ethos, comes from Cameron Esposito in an article she provided for The A.V. Club. Esposito remarks on “how logical a backbone [L.A.] provides to completely illogical pursuits.” It’s... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2020-06-25 17:00:38 UTC ]
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