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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Use 'bribery' or 'extortion,' not 'quid pro quo,' writes Roxana Robinson to the 'Times,' as the Authors Guild slams Justice's letter to Hachette. The post Authors Weigh in on Politics: ‘Words Make a Difference’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-11-11 03:23:29 UTC ]
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And here’s the perfect excuse: Thomas Travisano’s excellent biography, “Love Unknown.” Continue reading at The Washington Post
[ The Washington Post | 2019-11-08 16:44:17 UTC ]
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The European Union recently took a significant step to require e-books to be born accessible—and it probably won't mean anything until 2025, which is too little too late, writes Bill Kasdorf. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-08 05:00:00 UTC ]
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Matchbox Cars, the coloring book and the collectible card game Magic: The Gathering have been inducted into the National Toy Hall of Fame Continue reading at ABC News
[ ABC News | 2019-11-07 16:36:40 UTC ]
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David Varno has been named fiction reviews editor, effective November 18, replacing Gabe Habash, who will leave the company on November 15. Phoebe Cramer is now a full-time associate reviews editor, covering genre fiction. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-07 05:00:00 UTC ]
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On Monday, just days after the publisher's controversial embargo on new release e-books in libraries went into effect, Macmillan CEO John Sargent met with a group of state librarians, fleshing out his belief that new release e-books in libraries hurt the publisher's revenues. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-06 05:00:00 UTC ]
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The bullpen of the 1993 San Diego Padres Citrus County Commission (pictured above) has denied funding to county libraries for digital subscriptions to the New York Times. Led by left-handed middle-reliever area man Scott Carnahan, the commission (comprised of Scott, Jeff, Ron, Jimmie, and Brian)... Continue reading at Literrary Hub
[ Literrary Hub | 2019-11-05 16:08:55 UTC ]
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"If you could only read one book per country, make it this one": A Reddit post that offers an incredibly rich reading list to great global literature. Continue reading at Book Riot
[ Book Riot | 2019-11-05 11:38:04 UTC ]
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At a brief conference on Monday, B&N attorneys said the company will move for summary judgment on the most contentious and potentially costly claims in the wrongful termination suit filed against the retailer by former CEO Demos Parneros. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-11-05 05:00:00 UTC ]
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Adobe, Twitter and the New York Times are tired of seeing fake media propagate, and they're teaming up to do something about it. The trio has launched a Content Authenticity Initiative that aims to create a standard for digital media attribution. I... Continue reading at Engadget
[ Engadget | 2019-11-05 00:34:00 UTC ]
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From meditations on the d/Deaf experience to short stories blurring the mythic and the gothic with the everyday, from mixing the personal and political to a young woman uncover the truth about her family’s past – four outstanding writers have today been named on the shortlist for The Sunday... Continue reading at British Council global
[ British Council global | 2019-11-04 12:55:09 UTC ]
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Thinking about becoming a bookseller? From hand-selling to music choice, here are a few of the useful skills one new bookseller learned about on the job. Continue reading at Book Riot
[ Book Riot | 2019-11-04 11:38:38 UTC ]
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From “Checkpoint Charlie” to Jenny Slate’s “Little Weirds” and the new edition of “Joy of Cooking.” Continue reading at The Washington Post
[ The Washington Post | 2019-10-31 15:55:41 UTC ]
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Tickets are on sale for the holiday ride based on the popular children's book by Chris Van Allsburg, who will also appear for signings of "The Polar Express." Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-10-30 13:00:45 UTC ]
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The broadcast journalist and best-selling author talks about his new book, “The Fall of Richard Nixon.” Continue reading at The New York Times
[ The New York Times | 2019-10-30 09:00:01 UTC ]
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In an open letter to librarians published this week, Macmillan CEO John Sargent struck a somewhat conciliatory note over the issue of embargoing e-books to libraries, but his message remains unchanged: library lending of e-books pose a problem. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-30 04:00:00 UTC ]
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The genre is experiencing a renaissance with quality novels and short stories from new and established authors. Continue reading at The Washington Post
[ The Washington Post | 2019-10-29 18:17:37 UTC ]
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AT&T will review its portfolio for assets it can sell off, pay down debt related to its Time Warner acquisition and add 2 board members as part of a plan to boost results Continue reading at ABC News
[ ABC News | 2019-10-28 15:17:23 UTC ]
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Booker nominated Lucy Ellman and journalist Damian Barr have made the shortlist for the 2019 Saltire Literary Awards, which this year will feature two brand new prizes. Continue reading at The Bookseller
[ The Bookseller | 2019-10-25 15:48:05 UTC ]
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In November, around 100 coders and creative writers are expected to take the National Novel Generation Month challenge, generating 50,000-word novels via articifical intelligence. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-25 04:00:00 UTC ]
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