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'


Meredith Claims “Strongest Competitive Position in History” After Time Inc. Merger

President and CEO Tom Harty opened Meredith Corp.'s quarterly earnings call Thursday morning by declaring the integration of the now two-year-old Time Inc. acquisition "largely complete," leaving the company in "the strongest competitive position in its history." Performance in Meredith's... Continue reading at Folio Magazine

[ Folio Magazine | 2020-02-06 19:40:45 UTC ]
More news stories like this | News stories tagged with: #moving forward #1% compared #$141 million #$175 million #digital media


Claude McKay abandoned ‘Romance in Marseille’ because it was too daring. He was just ahead of his time.

The novel seems less shocking than strikingly woke, given that its themes include disability, sexual preference, radical politics and the subtleties of racial identity. Continue reading at The Washington Post

[ The Washington Post | 2020-02-05 17:04:31 UTC ]
More news stories like this | News stories tagged with: #strikingly woke #sexual preference #radical politics #racial identity


Claude McKay abandoned ‘Romance in Marseille’ because it was too daring. He was just ahead of his time.

The novel seems less shocking than strikingly woke, given that its themes include disability, sexual preference, radical politics and the subtleties of racial identity. Continue reading at The Washington Post

[ The Washington Post | 2020-02-05 17:04:31 UTC ]
More news stories like this | News stories tagged with: #strikingly woke #sexual preference #radical politics #racial identity


What if the main character of your favorite classic book were black? A publisher makes it so

Penguin Random House teams with TBWA and Barnes & Noble to launch #DiversityEditions for Black History Month. During the Pequod‘s last voyage in Herman Melville’s classic Moby Dick, Captain Ahab is 58 years old. Physically, he has a prosthetic leg made of whale bone, and a pale white mark or... Continue reading at Fast Company

[ Fast Company | 2020-02-05 09:00:42 UTC ]
More news stories like this | News stories tagged with: #main character #barnes noble #herman melville #penguin random house


Pride Media’s New CEO Pledges to ‘Right the Ship’

[caption id="attachment_154421" align="alignright" width="275"] Diane Anderson-Minshall[/caption] Diane Anderson-Minshall has spent nearly her entire career in the LGBTQ media space as a writer, editor and content strategist. Recently, her commitment was rewarded when she was promoted to to... Continue reading at Folio Magazine

[ Folio Magazine | 2020-02-04 18:56:22 UTC ]
More news stories like this | News stories tagged with: #loyal readership #ad dollars #million dollars #affiliate marketing #great opportunity #branded content #diet coke


Shock horrors! How Inside No 9 makes the mundane unmissable

Now on its fifth series, the magic of Reece Shearsmith and Steve Pemberton’s comedy anthology remains its ability to turn even the most banal of scenarios into disturbingly thrilling TVThe fifth series of Inside No 9 opens with an episode set entirely in a referees’ changing room. Four... Continue reading at The Guardian

[ The Guardian | 2020-02-03 13:56:16 UTC ]
More news stories like this | News stories tagged with: #year-long quest #crossword puzzles #anthology


The 10 books to read in February

You’ve already broken your resolution to read more in 2020? It’s not too late to turn things around. Continue reading at The Washington Post

[ The Washington Post | 2020-01-28 18:54:12 UTC ]
More news stories like this | News stories tagged with: #turn things


In ‘A Long Petal of the Sea,’ Isabel Allende delivers another sentimental epic set in troubled times

In her relentlessly linear narrative of more than 60 years of Spanish and Chilean history, Allende takes great pains to describe the real, lived effects of two dictatorships. Continue reading at The Washington Post

[ The Washington Post | 2020-01-23 13:50:56 UTC ]
More news stories like this | News stories tagged with: #troubled times


Follow these 5 tips if you want to make a career pivot

Don’t rely on traditional job listings and applicant tracking systems. Pivoting mid-career to a different profession is far from straightforward. Though I began my career in academia as a Classics PhD, I then pivoted to a job as a digital media specialist at a digital marketing agency. After... Continue reading at Fast Company

[ Fast Company | 2020-01-20 05:00:12 UTC ]
More news stories like this | News stories tagged with: #digital media


An ‘app whisperer’ teams up with time travelers in William Gibson’s ‘Agency’

The sequel to “The Peripheral” is full of cultural commentary, plus imagination and suspense. Continue reading at The Washington Post

[ The Washington Post | 2020-01-16 19:59:44 UTC ]
More news stories like this | News stories tagged with: #william gibson


In difficult times, a surprise bestseller about kindness is bringing people together

Charlie Mackesy’s “The Boy, the Mole, the Fox and the Horse” began as a beloved Instagram account. Continue reading at The Washington Post

[ The Washington Post | 2020-01-15 13:00:00 UTC ]
More news stories like this | News stories tagged with: #difficult times #surprise bestseller #charlie mackesy


Make Coffee, Do Crimes: Mugs Featuring Comic Book Villains

There is no way I can do crimes without making coffee first. Fill up one of these comic book villain mugs to start your morning off right. Or, very wrong. Continue reading at Book Riot

[ Book Riot | 2020-01-13 11:39:29 UTC ]
More news stories like this | News stories tagged with: #comic book


The Book People unable to secure buyer makes 155 redundant

The Book People made 155 of its staff redundant on Friday (10th January) after failing to find a buyer. The company will continue to trade online with retained staff "for as long as possible" and "whilst any remaining interest is explored", its administrators have said. Continue reading at The Bookseller

[ The Bookseller | 2020-01-10 16:53:47 UTC ]
More news stories like this | News stories tagged with: #staff redundant #book people


The Week in Libraries: January 10, 2020

Among the week's headlines: the Senate quickly confirms Trump's IMLS appointee; the DPLA announces a new e-book initiative with BiblioLabs; and what a major open access deal in Europe means for the future of scholarly communication. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-10 05:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book


WI15: Writing in A Time of Crisis

How fiction and nonfiction writers have been affected by political turmoil in the U.S. and abroad. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-10 05:00:00 UTC ]
More news stories like this | News stories tagged with: #political turmoil


HCG signs new mischief-making series from Emer Stamp

Hachette Children’s Group is publishing a new fiction series from author and illustrator Emer Stamp—Stamp’s first for the Hachette Children’s Group. Continue reading at The Bookseller

[ The Bookseller | 2020-01-09 20:06:14 UTC ]
More news stories like this | News stories tagged with: #hcg signs #hachette children #hachette


Reading will supposedly make you a better person. That’s not the real reason to pick up a book.

Sure, novels can encourage empathy and other virtues, but what they offer is more subtle, more complicated, more important. Continue reading at The Washington Post

[ The Washington Post | 2020-01-09 15:00:00 UTC ]
More news stories like this | News stories tagged with: #encourage empathy


Legend Times launches non-fiction publisher Hero

The Legend Times group has launched a new publisher called Hero, specialising in "inspirational and thought-provoking" non-fiction. Continue reading at The Bookseller

[ The Bookseller | 2020-01-08 20:47:54 UTC ]
More news stories like this |


Get 'Kali Linux -- An Ethical Hacker's Cookbook, 2nd Edition' ($44.99 value) FREE for a limited time

Many organizations have been affected by recent cyber events. At the current rate of hacking, it has become more important than ever to pentest your environment in order to ensure advanced-level security. Kali Linux -- An Ethical Hacker's Cookbook from Packt Publishing is packed with practical... Continue reading at Betanews

[ Betanews | 2020-01-07 19:02:44 UTC ]
More news stories like this | News stories tagged with: #limited time #packt publishing #practical recipes #strong start #cookbook