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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Snoop Dogg to make 'hood TV show' adapting Joe Ide's IQ series

Snoop Dogg is producing the TV adaptation for Joe Ide's IQ detective series, after TV rights were initially snapped up in a seven-way bidding war by Alcon. Continue reading at The Bookseller

[ The Bookseller | 2020-06-03 14:06:32 UTC ]
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10 of the Most Accessible Poets in English Literature

How many times have you heard someone say, ‘I don’t read poetry. I just don’t get it.’ Or perhaps, ‘Why can’t poets just come out and say what they want to say? Why say something in such a way?’ For many people, poetry is ‘difficult’. But whilst it’s true that […] The post 10 of the Most... Continue reading at Interesting Literature

[ Interesting Literature | 2020-05-30 14:00:36 UTC ]
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Our Personalized Quarantine Book Recommendations, Round 10

At the beginning of our now apparently unending isolation, we put out a call asking that those of you who need something good to read in this trying, frightening time, might send us a few of your favorite books (and other things) so we could recommend a good book for you to read. And turns out... Continue reading at Literrary Hub

[ Literrary Hub | 2020-05-29 08:49:57 UTC ]
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Charles F. ‘Chuck’ Champion named President and CEO of California News Publishers Association

Charles F. “Chuck” Champion has been named President and CEO of the California News Publishers Association (CNPA), a newly created Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-05-28 22:21:39 UTC ]
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Dolan's Exciting Times optioned for TV after 'highly competitive' auction

Black Bear Pictures has optioned Naoise Dolan's debut novel Exciting Times for television. Continue reading at The Bookseller

[ The Bookseller | 2020-05-28 21:51:46 UTC ]
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Latest Irish literary phenom Naoise Dolan’s Exciting Times is coming to TV.

It’s the kind of timing a publisher dreams of. Less than one week out from its U.S. release, latest Irish literary phenom Naoise Dolan’s debut novel Exciting Times (Ecco, June 2) has been optioned for TV. Yes, following a hugely successful release in the UK and Ireland back in April, when it... Continue reading at Literrary Hub

[ Literrary Hub | 2020-05-28 18:10:32 UTC ]
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Time Out Is All “In” on Rebuilding Its Business Post-Pandemic

The COVID-19 pandemic has been devastating to several industries, and publishing has been no exception. Among those hardest hit have been titles serving local markets. With public spaces temporarily shutting down, regional titles have little leverage to sell advertising, and readers have little... Continue reading at Folio Magazine

[ Folio Magazine | 2020-05-28 16:08:28 UTC ]
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Skift to Give Up Physical Office and Go All-Remote, CEO Says | News & Notes

Furloughs and salary cuts come to Outside magazine, Meredith doubles down on podcasts and more. The post Skift to Give Up Physical Office and Go All-Remote, CEO Says | News & Notes appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2020-05-28 15:50:04 UTC ]
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Karp Named CEO of Simon & Schuster

Jonathan Karp, who joined S&S in June 2010 as publisher of Simon & Schuster’s flagship imprint and was promoted to president and publisher of Simon & Schuster Adult Publishing in 2018, has been tapped to succeed the late Carolyn Reidy as president and CEO. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-28 04:00:00 UTC ]
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Summer reading has a fraught history. But if there was ever a time to delight in escapism, it’s now.

As soon as people discovered the pleasures of a diverting novel, some starchy scold swooped in to make them feel bad. Continue reading at The Washington Post

[ The Washington Post | 2020-05-27 12:00:00 UTC ]
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Tyson Fury and Ben Stokes make Autobiography of the Year shortlist

England cricket hero Ben Stokes and boxer Tyson Fury are among the sports stars shortlisted for the Autobiography of the Year prize in the Telegraph Sports Book Awards 2020. Continue reading at The Bookseller

[ The Bookseller | 2020-05-27 04:25:10 UTC ]
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This summer: Audiobooks that make you feel like you’re on a vacation

Transporting audiobooks whisk us to Hindu Kush, the Gulf of Mexico and a 17th century pirate ship. Continue reading at The Washington Post

[ The Washington Post | 2020-05-26 06:40:27 UTC ]
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10 Eighteenth-Century Novels Everyone Should Read

Although it was the nineteenth century when the novel arguably came into its own, with novelists like Charles Dickens, Jane Austen, George Eliot, and the Brontë sisters writing novels that are still widely read and studied today, the eighteenth century was the age in which the novel emerged as a... Continue reading at Interesting Literature

[ Interesting Literature | 2020-05-23 14:00:38 UTC ]
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Why a ‘Strange and Nerdy’ Book About Eels Is Making Waves

Patrik Svensson mixed natural history with memoir for his debut, which has become a surprise best seller and award winner in his native Sweden. Continue reading at The New York Times

[ The New York Times | 2020-05-22 09:00:23 UTC ]
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[ Publishers Weekly | 2020-05-22 04:00:00 UTC ]
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L.A. Times Book Club rides with 'The Compton Cowboys' in June

Summer reading: Author Walter Thompson-Hernández joins Times readers June 24 to discuss the legacy of "The Compton Cowboys." Continue reading at Los Angeles Times

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The Telegraph, Financial Times, Hearst headline Digiday Media Awards Europe finalists

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[ Digiday | 2020-05-21 13:49:23 UTC ]
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During the coronavirus pandemic, Ed Yong, a staff writer for The Atlantic, has written an impressive series of in-depth articles on the virus that causes COVID-19 and the often confusing details about how it has spread, what medical experts say we should be doing about it, and what governments... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-05-21 11:45:15 UTC ]
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[ The Bookseller | 2020-05-20 21:41:29 UTC ]
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