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'


Quad/Graphics CEO: Industry Needs to Protect Its Supply Chain

In the aftermath of last year's failed merger of two major publication printers, Quad/Graphics and LSC Communications—a deal that was abandoned after it was challenged by the Department of Justice on anti-trust grounds—both companies were vocal in their opinion that the DOJ's stance was based... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-11 18:41:59 UTC ]
More news stories like this | News stories tagged with: #supporting clients #meredith corp #recent months #$60 million #publishing executive #publishers including


Black US authors top New York Times bestseller list as protests continue

Michelle Alexander and Ijeoma Oluo among those on list, marking first time top 10 entries are primarily titles on race issuesGeorge Floyd killing – latest US updatesBlack American authors, including Michelle Alexander and Ijeoma Oluo, have surged to the top of the latest New York Times’... Continue reading at The Guardian

[ The Guardian | 2020-06-11 18:10:43 UTC ]
More news stories like this | News stories tagged with: #combined print #black writers #protests continue #michelle alexander #ijeoma oluo #race issues #george floyd #bestseller lists #bestseller list #times bestseller


How to make the direct sales process easier and quicker

In 2017, we came to a realization: Our jobs should be easier. We worked on opposite ends of the advertising and media buying process. Lynn came from the buy side as a digital media manager at Macy’s, who had also previously handled agency work. Mollie was on the sales side, working at AdTheorent... Continue reading at Advertising Age

[ Advertising Age | 2020-06-11 15:19:00 UTC ]
More news stories like this | News stories tagged with: #covid-19 pandemic #immense world #marketing landscape #digital media


According to the New York Times bestseller lists, a lot of people are reading about racism.

Dr. Ibram X. Kendi pointed out on Twitter last night that books about racism (including two of his own, How to Be an Antiracist and Stamped from the Beginning) are making up a significant portion of the New York Times bestseller lists. “The resistance is from the loudness of demonstrations to... Continue reading at Literrary Hub

[ Literrary Hub | 2020-06-11 14:11:24 UTC ]
More news stories like this | News stories tagged with: #significant portion #times bestseller


The Sun and Times publisher warns of job cuts due to coronavirus

CEO of News UK, Rebekah Brooks, tells staff pandemic has hammered print sales and advertising revenueThe publisher of the Sun and the Times has warned of impending job losses as part of a major cost-cutting programme as the coronavirus pandemic hammers newspaper sales and advertising... Continue reading at The Guardian

[ The Guardian | 2020-06-11 12:06:20 UTC ]
More news stories like this | News stories tagged with: #news uk #rebekah brooks #advertising revenue #digital publishing #print sales


40 Under Forty: Christopher Michael Schroeder aims to make New Mexico the most small business-friendly state

Through SOMOS ABQ, Schroeder and others celebrate what makes Albuquerque a unique place. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-06-10 18:50:00 UTC ]
More news stories like this | News stories tagged with: #unique place #somos


Lit Hub Daily: June 10, 2020

In order to create the Ultimate Summer 2020 Reading List, we’ve ventured into unfamiliar territory and employed… math. | Lit Hub How JK Rowling betrayed the world she created: Gabrielle Bellot on growing up with the Harry Potter universe. | Lit Hub “The pace and frequency of Trump’s falsehoods... Continue reading at Literrary Hub

[ Literrary Hub | 2020-06-10 10:30:25 UTC ]
More news stories like this | News stories tagged with: #lit hub #harry potter


The Problem With All The Books Publishing This Fall: Critical Linking, June 10, 2020

A daily roundup of the most interesting and awesome bookish links from around the web! Continue reading at Book Riot

[ Book Riot | 2020-06-10 10:30:05 UTC ]
More news stories like this | News stories tagged with: #critical linking #daily roundup #books publishing


Religion Book Deals: June 10, 2020

Zondervan takes a gift book on ‘How Far You Have Come,’ literary agent Blythe Daniel gets her own book deal, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-10 04:00:00 UTC ]
More news stories like this | News stories tagged with: #zondervan takes #gift book #book deal #literary agent


News Corp Cuts More Jobs, This Time at Its Metropolitan Newspapers

News Corp has made more job cuts, this time to its metropolitan mastheads, as the company again signals it is Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-06-09 21:44:49 UTC ]
More news stories like this | News stories tagged with: #metropolitan newspapers #job cuts #metropolitan mastheads #news corp


10 Books Set in Museums

Museums are a lot like libraries and bookstores: quiet, contemplative spaces filled with wondrous objects that can light up your imagination and transport you to a different time and place. Now, like so many other cultural institutions amid the COVID-19 pandemic, most are shuttered for the time... Continue reading at Electric Literature

[ Electric Literature | 2020-06-09 11:00:00 UTC ]
More news stories like this | News stories tagged with: #covid-19 pandemic #electric literature #libraries


News Corp cuts more jobs, this time at its metropolitan newspapers

Herald Sun, Daily Telegraph and Australian newsrooms to be reshaped as the company moves away from print to focus on digitalNews Corp has made more job cuts, this time to its metropolitan mastheads, as the company again signals it is moving away from print to become “much more focused on... Continue reading at The Guardian

[ The Guardian | 2020-06-09 09:47:40 UTC ]
More news stories like this | News stories tagged with: #metropolitan newspapers #herald sun #daily telegraph #job cuts #metropolitan mastheads #executive chairman #michael miller #news corp


Braithwaite, Mukherjee and Herron make Theakston shortlist

Oyinkan Braithwaite, Abir Mukherjee and Mick Herron are among the writers shortlisted for this year's Theakston Old Peculier Crime Novel of the Year Prize. Continue reading at The Bookseller

[ The Bookseller | 2020-06-08 14:43:18 UTC ]
More news stories like this | News stories tagged with: #oyinkan braithwaite #year prize #writers shortlisted #peculier crime


What Makes a Good Summer Reading Program?

We're talking to library staff about how libraries are working to plan for summer reading programs despite the limitations caused by a global pandemic. Continue reading at Book Riot

[ Book Riot | 2020-06-08 10:33:48 UTC ]
More news stories like this | News stories tagged with: #library staff #global pandemic #libraries


Dead Ink makes first US acquisition

Liverpool indie Dead Ink Books has made its first acquisition of a US title, Whiteout Conditions by Tariq Shah. Continue reading at The Bookseller

[ The Bookseller | 2020-06-08 02:54:43 UTC ]
More news stories like this |


Kennedy shortlisted for Sunday Times Audible Short Story Award for consecutive year

Louise Kennedy has made the six-strong shortlist for this year's Sunday Times Audible Short Story Award for the second year running. Continue reading at The Bookseller

[ The Bookseller | 2020-06-07 17:27:57 UTC ]
More news stories like this | News stories tagged with: #consecutive year #year running #louise kennedy #six-strong shortlist


A killer time for crime

As thoughtful citizens we are hemmed in now by gigantic problems that appear as insoluble as they are menacing, so how pleasant it is to take an hour or two off to consider only the problem of the body that locked itself in its study and then used the telephone. Continue reading at The Bookseller

[ The Bookseller | 2020-06-05 01:33:09 UTC ]
More news stories like this |


Event Industry, It’s Time to Change the Stage

As the sounds of helicopters and the chants of protesters rang in the distance, I couldn’t help but think about how I can make an impact. I was shocked—and frankly saddened—to see very little acknowledgement of the Black Lives Matter movement in the event industry, and even fewer actionable... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-04 20:29:21 UTC ]
More news stories like this | News stories tagged with: #industry experts #linkedin post #panel called


HMP Global’s CEO on Serving Healthcare Professionals in a Pandemic

Largely as a matter of necessity, publishers and events organizers have aggressively increased their output of webinars and other forms of virtual events since March to keep constituents engaged and make up for lost revenue amid an ongoing inability to hold in-person gatherings. For HMP Global,... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-04 18:25:16 UTC ]
More news stories like this | News stories tagged with: #identify opportunities #high standards #events business #live events #challenging time #front lines


Griffin and Nott make RSL Christopher Bland Prize shortlist

Anne Griffin and David Nott have made the shortlist for this year's £10,000 RSL Christopher Bland Prize, which goes to a debut author aged 50 or over. Continue reading at The Bookseller

[ The Bookseller | 2020-06-03 14:09:31 UTC ]
More news stories like this | News stories tagged with: #debut author