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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Springer Nature makes 500 textbooks available for free to support higher education

Springer Nature is making a range of "key" textbooks freely accessible for educators, students and academics affected by coronavirus lockdown to help support higher education institutions around the world. Continue reading at The Bookseller

[ The Bookseller | 2020-04-03 00:06:30 UTC ]
More news stories like this | News stories tagged with: #coronavirus lockdown #springer nature


In a Moment of Uncertainty, TIME Is Certain of Its 97-Year Mission

In remarkable moments throughout history, news organizations have been there to inform the masses and accurately chronicle what’s happening for posterity’s sake. This is a responsibility TIME magazine has been devoted to for 97 years. The news magazine was a trusted source during The Great... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-02 15:20:28 UTC ]
More news stories like this | News stories tagged with: #marketing budgets #flip side #presidential campaign #trusted sources #great organizations


10 crime writers to read while under house arrest

Authors Steph Cha and Joe Ide swapped crimes stories and favorite books during the L.A. Times Book Club's first virtual event. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-04-01 16:56:22 UTC ]
More news stories like this | News stories tagged with: #house arrest #virtual event #times book


The Hawaii of ‘Sharks in the Time of Saviors’ Is Modern, Yet Mystical

Kawai Strong Washburn’s debut novel envisions an archipelago of Indigenous peoples who refuse to be erased. Continue reading at The New York Times

[ The New York Times | 2020-03-31 12:43:39 UTC ]
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TV Time Spikes for Kids Stuck at Home During Coronavirus

It's no surprise that as Americans across the country are being told to stay home or shelter in place, national television usage is up. But new data from Nielsen shows that kids are spending considerably more time in front of the television than other audience demos--and many of them are playing... Continue reading at AdWeek

[ AdWeek | 2020-03-27 17:50:19 UTC ]
More news stories like this | News stories tagged with: #kids stuck #stay home #nielsen


Los Angeles Times Book Club is back, virtually, with L.A. noir authors

Join author Steph Cha and Joe Ide for a streaming conversation about new L.A. noir. The March 30 event will be live. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-03-25 19:15:02 UTC ]
More news stories like this | News stories tagged with: #joe ide #times book


Here are 10 new books to look forward to this week.

Supporting your favorite small, independent bookstore during this strange stretch is important, but what’s more important: stopping the spread of COVID-19. So, dear reader, please stay home, get excited for these brand-new books, and buy a gift card from your local indie in preparation for the... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-24 14:00:25 UTC ]
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Google makes it easier for studios to self-publish Stadia games

Google has launched a new program called Stadia Makers that could lead to the release of more titles for the platform, particularly ones from experienced indie developers. The tech giant has announced the project during its virtual Games Developer Su... Continue reading at Engadget

[ Engadget | 2020-03-24 12:31:00 UTC ]
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Dialogue rolls out virtual book club to connect readers in 'uncertain times'

As part of a new virtual book club, publisher Sharmaine Lovegrove will be in conversation with a Dialogue author about their book on Instagram live every Thursday at 8 p.m. for the next 10 weeks. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 22:24:25 UTC ]
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Hearst UK CEO James Wildman on Navigating Crisis

On Monday, Hearst UK CEO James Wildman would typically address the 1,000-person strong company from the stage at the Odeon Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-03-23 18:30:59 UTC ]
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10 of the Best Audiobook Series

Get ready for hours of listening because we've rounded up some of the very best audiobook series in a variety of genres for readers of all ages. Continue reading at Book Riot

[ Book Riot | 2020-03-23 10:37:15 UTC ]
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Trade trio launches £10,000 crowdfunder for booksellers hit by Covid-19 crisis

Three members of the trade have launched a £10,000 crowdfunder raising money for hardship grants to help booksellers hit by the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 07:43:54 UTC ]
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‘Revenue will fall away quite quickly’: Hearst UK CEO James Wildman on navigating crisis

Hearst CEO James Wildman has set recruited a healthcare professional to answer staff questions about the virus and started sending out daily company updates. The post ‘Revenue will fall away quite quickly’: Hearst UK CEO James Wildman on navigating crisis appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2020-03-23 04:01:21 UTC ]
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Cowell launches BookTrust Home Time for children during school closures

Waterstones Children's Laureate Cressida Cowell has launched a digital hub with reading charity BookTrust to keep youngsters busy while schools are closed. Continue reading at The Bookseller

[ The Bookseller | 2020-03-22 17:38:05 UTC ]
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Publicity in a time of corona

Just three weeks ago I had all been ready and excited for the Live From London event to announce the recipients of the Windham-Campbell Prizes at Simpsons in The Strand. Continue reading at The Bookseller

[ The Bookseller | 2020-03-20 07:06:32 UTC ]
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Collins makes hundreds of books and resources available for free

Collins has made hundreds of books and learning resources free for teachers and families as schools close over the coronavirus. Continue reading at The Bookseller

[ The Bookseller | 2020-03-20 03:54:56 UTC ]
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Haymarket Books Offering 10 Free Ebooks to Support Social Distancing

You can now download ten free ebooks on social and economic justice from Haymarket Books to read while social distancing. Continue reading at Book Riot

[ Book Riot | 2020-03-19 15:10:47 UTC ]
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Print Unit Sales Fell 10% Last Week

Unit sales of print books fell 10% for the week ended March 14 compared to the previous week, according to NPD BookScan. The juvenile nonfiction category was the only segment in which sales rose last week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-19 04:00:00 UTC ]
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Rowling, Smith and Oliver make British Book Awards '30 from 30' shortlist

JK Rowling, Zadie Smith and Jamie Oliver have made the shortlist for the British Book Awards "30 from 30" trophy that will crown one book the “best” of the past three decades. Continue reading at The Bookseller

[ The Bookseller | 2020-03-18 13:31:41 UTC ]
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Penguin Life acquire ‘timely and important’ book about mental health in sport

Penguin Life will publish a "timely and important" book about mental health in sport by Gary Bloom titled Head in the Game.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-17 22:31:22 UTC ]
More news stories like this | News stories tagged with: #mental health #penguin life