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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N.Y. Public Library Selects 10 Best Books for Children en Español

The list includes a mix of books written originally in Spanish and in translation. Continue reading at The New York Times

[ The New York Times | 2019-11-26 10:00:03 UTC ]
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Plan S will make 2021-22 tough years for publishers, predicts Inchcoombe

The years from 2021 to 2022 will be tough for academic publishers as they struggle to adapt to the requirements of Plan S, a FutureBook panel on Open Access heard yesterday Continue reading at The Bookseller

[ The Bookseller | 2019-11-26 00:03:26 UTC ]
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Happy 25th anniversary, banner ads -- now it’s time to retire

While banner ads are past their prime, we wouldn’t be in this golden age of digital content marketing without them. Continue reading at Advertising Age

[ Advertising Age | 2019-11-25 15:00:00 UTC ]
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B&N Seeks Knockout Blow in Litigation with Fired CEO

B&N attorneys are moving ahead with a 'risky' bid to win summary judgment on two of the three claims filed by fired CEO Demos Parneros. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-25 05:00:00 UTC ]
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10 CIRCE Book Club Questions: A Reading Guide for Madeline Miller’s Novel

Circe by Madeline Miller is really. freaking. good. In this reading guide, you'll find 10 Circe book club questions covering all the most important topics. Continue reading at Book Riot

[ Book Riot | 2019-11-24 11:31:48 UTC ]
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The 10 Best Books of 2019

The editors of The Times Book Review choose the best fiction and nonfiction titles this year. Continue reading at The New York Times

[ The New York Times | 2019-11-22 17:01:22 UTC ]
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The 10 Best Book Covers of November

Another month of books, another month of book covers. November is when publishing starts slowing down a bit for the holidays, but even that couldn’t keep the beautiful books—and weird books, and funny-as-hell books—down. Below are my ten favorite book covers from the month (some of them are even... Continue reading at Literrary Hub

[ Literrary Hub | 2019-11-22 09:48:02 UTC ]
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The New York Times’ acclaimed “1619 Project” to become a series of books.

Random House announced today that they’ve acquired the rights to a series of books based on the New York Times Magazine’s extraordinarily popular “1619 Project,” which interrogates received perspectives on four centuries of slavery in America through essays, stories, histories, poems, and... Continue reading at Literrary Hub

[ Literrary Hub | 2019-11-20 13:52:40 UTC ]
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7 Standup Comedy Memoirs That Will Make You Laugh And Cry

Writers of literary fiction are supposed to disdain celebrity memoirs. They’re sucking up all the big advances and lowering the bar of what’s supposed to be Literature, right? But I’ve got a dirty reading secret. I love celebrity memoirs, particularly by standup comedians (and not just because... Continue reading at Electric Literature

[ Electric Literature | 2019-11-20 12:00:00 UTC ]
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10 Books Like BECOMING By Michelle Obama

If Michelle Obama's memoir left you looking for more of the same, you're not alone. Check out these books like BECOMING and fill that hole in your heart. Continue reading at Book Riot

[ Book Riot | 2019-11-20 11:36:56 UTC ]
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How Conde Nast plans to make money from Instagram TV

Conde Nast has greenlit a half-dozen series for IGTV designed to anchor ad programs that will sew many different Facebook ad products together at once. The post How Conde Nast plans to make money from Instagram TV appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-11-18 05:01:31 UTC ]
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Hockney and Gayford make Educational Writers' Award 2019 shortlist

The Educational Writers' Award 2019 shortlist has been revealed, with titles from David Hockney, Martin Gayford and Alastair Humphreys in the running. Continue reading at The Bookseller

[ The Bookseller | 2019-11-17 19:17:20 UTC ]
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10 Things You (Probably) Didn't Know About C.S. Lewis

Including: Lewis gave away his royalties and how he helped Tolkien write 'The Lord of the Rings.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-15 05:00:00 UTC ]
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Financial Times Names New Top Editor | People on the Move

[caption id="attachment_175123" align="alignright" width="150"] Roula Khalaf[/caption] The Financial Times announced Roula Khalaf as its next editor, making her the first female top editor at the FT in its 131-year history. A 24-year veteran of the FT, Khalaf most recently served as deputy... Continue reading at Folio Magazine

[ Folio Magazine | 2019-11-14 20:49:51 UTC ]
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L.A. Times Book Club's next read is 'Barking to the Choir' by Gregory Boyle

Preaching second chances: L.A. Times Book Club's next read is 'Barking to the Choir' by Gregory Boyle Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-11-14 19:38:58 UTC ]
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Tickets for Elton John Waterstones book signing sell out in 10 seconds

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[ The Bookseller | 2019-11-13 19:30:23 UTC ]
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[ Silicon Valley Business Journal | 2019-11-12 16:08:37 UTC ]
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Lionel Barber to step down as editor of the Financial Times

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[ Columbia Journalism Review | 2019-11-12 13:03:08 UTC ]
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Illingworth to join D H H Literary Agency as full-time agent

Bookseller Harry Illingworth is set to leave Goldsboro Books at the end of the year to become a full-time agent at The D H H Literary Agency. Continue reading at The Bookseller

[ The Bookseller | 2019-11-12 03:55:21 UTC ]
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