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 ]
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San Francisco's City Lights raised nearly half a million dollars on GoFundMe. The money was necessary to cover short term costs and buy time to form a viable strategic and succession plan for the future. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-14 04:00:00 UTC ]
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Like every publisher, Hearst Magazines has had to adapt to creating content in an all-remote world, from putting out magazines Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-04-13 16:58:44 UTC ]
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Like every digital publisher, Hearst Magazines has had to adapt to creating content in an all-remote world. "My motto is 'enter smiling,' and I believe there is opportunity in everything," CCO Kate Lewis said on the inaugural episode of The New Normal, a weekly interactive discussion show where... Continue reading at Digiday
[ Digiday | 2020-04-13 04:00:00 UTC ]
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Here we are in week three of our new (hopefully short-lived) weekly roundup of praise for publishers doing their part to give back to their communities and readerships during the COVID-19 pandemic. It’s heartening to see publishers act selflessly, despite the challenges their own businesses and... Continue reading at Folio Magazine
[ Folio Magazine | 2020-04-10 13:51:46 UTC ]
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Winners of the L.A. Times Book Prizes will be announced in a special, virtual Twitter ceremony this year because of the global health crisis. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-04-09 17:53:22 UTC ]
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Mikki Kendall’s bracing collection explores raging disparities and the limits of a movement Continue reading at The Washington Post
[ The Washington Post | 2020-04-08 18:00:00 UTC ]
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Gannett, the owner of USA TODAY and more than 260 other daily publications, appointed a new chief financial officer as Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-04-08 17:34:12 UTC ]
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Oxford University Press (OUP) has made many of its flagship educational and home learning resources available for free, in order to support teachers, parents and learners affected by the Covid-19 pandemic. Continue reading at The Bookseller
[ The Bookseller | 2020-04-08 06:50:42 UTC ]
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The Times Literary Supplement is offering free advertising to independent bookshops in the light of the Covid-19 pandemic. Continue reading at The Bookseller
[ The Bookseller | 2020-04-08 04:53:42 UTC ]
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Dean Atta answers our questions about his debut YA novel, The Black Flamingo (Hodder Children's Books), which is told in verse and has been shortlisted for the YA Book Prize 2020. Continue reading at The Bookseller
[ The Bookseller | 2020-04-08 04:20:43 UTC ]
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A number of little free library volunteer stewards -- both registered and unregistered with the Little Free Library organization – have switched from filling the mounted boxes in front of their homes with free books to filling them with household items. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-08 04:00:00 UTC ]
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In a virtual meet-up, "Almost Home" author Fanny Singer and mother and famed chef Alice Waters join book club readers April 21 for a kitchen conversation. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-04-07 20:33:16 UTC ]
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The bestselling crime novelist plans a virtual book tour for his new title, "Broken," as the coronavirus keeps him home in Southern California. Continue reading at Los Angeles Times
[ Los Angeles Times | 2020-04-07 15:00:38 UTC ]
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The legacy of Death Note is HUGE. People try to write stories like it because it is that iconic. These manga like Death Note have a similar feel. Continue reading at Book Riot
[ Book Riot | 2020-04-07 10:39:20 UTC ]
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Both Hachette UK and Bonnier Books UK have revealed they are furloughing roughly 10% of their overall workforces. Continue reading at The Bookseller
[ The Bookseller | 2020-04-07 07:24:49 UTC ]
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Elsevier, which for the past two years has reported significant median gender pay gaps of 40% and 39.4%, has reduced that number slightly to 37% in its latest filing. Continue reading at The Bookseller
[ The Bookseller | 2020-04-06 20:51:43 UTC ]
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The first novel to be published by Stormzy’s new imprint #Merky Books, That Reminds Me by poet and podcaster Derek Owusu, has been longlisted for the £10,000 Desmond Elliott Prize for debuts. Continue reading at The Bookseller
[ The Bookseller | 2020-04-06 14:35:00 UTC ]
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I woke early this morning in the coronatime in which we all now exist - the brief respite of sleep ruined yet again by the inevitable jolt of reality. It was, I believe, 7am. My phone buzzed with a text message from my bank, informing me that my account was in arrears. Continue reading at The Bookseller
[ The Bookseller | 2020-04-06 01:18:34 UTC ]
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Libro.fm is hiring 10 booksellers from the ranks of those who were laid off due to the new coronavirus crisis as part of a special month-long project. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-05 04:00:00 UTC ]
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Dean Koontz's The Eyes of Darkness was leapfrogged by Nicola May’s The Corner Shop in Cockleberry Bay for the Bookstat e-book number one. Continue reading at The Bookseller
[ The Bookseller | 2020-04-03 08:29:54 UTC ]
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