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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Haven’t read War and Peace? Now’s the time to join Yiyun Li’s free virtual book club.

If you’re feeling alone and listless, or even if you simply have a few extra hours a week all of a sudden, I’ve got some good news for you. Starting tomorrow, Wednesday, March 18, brilliant novelist Yiyun Li will be leading a virtual book club in reading Tolstoy’s War and Peace—a book that many... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-17 15:11:40 UTC ]
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Nosy Crow acquires 10 children’s books by Pamela Butchart

Independent publisher Nosy Crow has acquired 10 new titles from the award-winning author and schoolteacher Pamela Butchart. Continue reading at The Bookseller

[ The Bookseller | 2020-03-17 11:26:59 UTC ]
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'It's time to pull together', BA urges trade to support high street bookselling

The Booksellers Association is calling on customers and the trade to rally behind retailers and support bookshops, as the coronavirus outbreak hits the high street.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-17 03:39:11 UTC ]
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Emerald Publishing launches £20,000 fund to make coronavirus research available

Emerald Publishing has launched a £20,000 fund to cover article processing charges, supporting social scientists in making their research on health emergencies such as coronavirus rapidly available.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-16 15:58:43 UTC ]
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Editor’s Note: Literary Community in a Time of Global Pandemic

We are at the beginning of a frightening and difficult time in America. Though we glimpse—in the overflowing hospitals of Milan, the shuttered plazas of Madrid—that which may come to pass, it is impossible to know just how hard hit the United States will be by the novel coronavirus. This nation... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-16 14:00:35 UTC ]
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Coronavirus: International Publishers Make COVID-19 Research Content Freely Available

Research houses and scholarly publishers and associations are pooling their content for professional and public access free of charge. The post Coronavirus: International Publishers Make COVID-19 Research Content Freely Available appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-16 08:15:00 UTC ]
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Our New Spring Magazine Is Out: Publishing in Times of Crisis

Editorial: International publishing can focus on its own obstacles and setbacks. Or it can ask how to put its best creativity into the hands of a world that needs it. The post Our New Spring Magazine Is Out: Publishing in Times of Crisis appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-13 11:30:19 UTC ]
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10 SUCH A FUN AGE Book Club Questions And Reading Guide

Read Such A Fun Age by Kiley Reid and want to share with your book club? Use these Such A Fun Age book club questions to get the conversation going. Continue reading at Book Riot

[ Book Riot | 2020-03-13 10:41:42 UTC ]
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Time for Publishers to Broaden Their View

A multicultural marketing expert says publishers need a better understanding of people of color’s interests. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-13 04:00:00 UTC ]
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Tessa Hadley | 'I’ve always been able to somehow make a line between my privacy and my public presence'

The acclaimed novelist, a recipient of the lucrative Windham Campbell Prize in 2016, reveals how the award affected her craft Continue reading at The Bookseller

[ The Bookseller | 2020-03-12 20:02:50 UTC ]
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Publishing Scotland: 10 Newly Named International Publishing Fellows

Publishing Scotland announces a travel fellowship for 10 publishing professionals from seven countries to promote Scotland's books industry. The post Publishing Scotland: 10 Newly Named International Publishing Fellows appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-12 16:45:10 UTC ]
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New York Times Magazine’s Pages Come to Digital Life Through Google Partnership

The New York Times Magazine will come to life this weekend in a whole new way. In partnership with Google Lens, smartphone users will be able to access additional information online that corresponds to the print version of the magazine. Readers who hover their smartphones over many of the pages... Continue reading at AdWeek

[ AdWeek | 2020-03-12 13:50:26 UTC ]
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Polari Prize launches tour to celebrate 10 year anniversary

The Polari Prize will celebrate a decade of championing fresh literary talent this year with a UK tour for its literary salon as submissions open for its flagship First Book Prize.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-12 11:36:23 UTC ]
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Deep cleaning at HarperCollins' News UK building as Times coronavirus case confirmed

Deep cleaning is being ramped up at the News UK building, home of HarperCollins, after an employee of the Times tested positive for the coronavirus. Continue reading at The Bookseller

[ The Bookseller | 2020-03-11 20:24:36 UTC ]
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In ‘Short Life in a Strange World,’ paintings by Pieter Bruegel the Elder help an author make sense of his existence

Toby Ferris traveled across Europe to see all of the Dutch Renaissance painter’s surviving work. Continue reading at The Washington Post

[ The Washington Post | 2020-03-11 18:07:05 UTC ]
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Making a living as a comic book artist

I draw, write, speak about, teach, facilitate and organise events about comics. After graduating with a degree in Social Anthropology from the University of Sussex, I attended art college and worked as a freelance illustrator. In 2008, I began to incorporate comics into my practice. I also... Continue reading at British Council global

[ British Council global | 2020-03-11 13:11:13 UTC ]
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10 Great Works of Historical Fiction to Ease Your Thomas Cromwell Withdrawal

It’s been a day since the publication of The Mirror and the Light—the final installment of Hilary Mantel’s celebrated trilogy about Tudor England, starring the enigmatic Thomas Cromwell—so you’ve already blazed through it, right? Well, whether you have already or you’re about to, once you’ve... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-11 08:55:24 UTC ]
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In a time of crisis, poetry can help focus our fears and transform ‘noise into music’

These days, many elegiac poems have an unwelcome resonance — and yet offer solace, too. Continue reading at The Washington Post

[ The Washington Post | 2020-03-10 16:00:00 UTC ]
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Four short links: 10 March 2020

MLflow — an open source platform to manage the ML lifecycle, including experimentation, reproducibility, and deployment. It currently offers three components: tracking, projects, and models. Eventing Facets (Tim Bray) — the word “eventing” makes my skin crawl, but this series of posts has A+... Continue reading at O'Reilly Radar

[ O'Reilly Radar | 2020-03-10 04:01:00 UTC ]
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24 Children’s Book Tattoos That Will Make You Nostalgic

Check out these collected ink pieces that speak to childhood and nostalgia with children’s book tattoos for ideas on your next piece. Continue reading at Book Riot

[ Book Riot | 2020-03-06 11:38:25 UTC ]
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