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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10 Takeaways You Missed From Our Content Engagement Master Class

[caption id="attachment_160793" align="aligncenter" width="820"] Jessica Levenson and Dean Praetorius answering audience questions about SEO[/caption] On June 18, some of the top practitioners in the industry from Atlantic Media, Bonnier, Meredith, TechTarget and Toast Media Group led a... Continue reading at Folio Magazine

[ Folio Magazine | 2019-06-25 20:52:36 UTC ]
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Point-Counterpoint: Amazon Responds at Length to a New York Times Critique

In a Times report on counterfeited book sales online–and a ringing response from Amazon–a long-growing publishing retail debate moves into the spotlight. The post Point-Counterpoint: Amazon Responds at Length to a New York Times Critique appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-25 11:20:27 UTC ]
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Perks, Griffiths and Koomson make Dead Good Reader Awards shortlists

Heidi Perks, Dorothy Koomson and Elly Griffiths are among 28 writers to make the Dead Good Reader Awards shortlists, following a record number of nominations.  Continue reading at The Bookseller

[ The Bookseller | 2019-06-25 02:16:00 UTC ]
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Warner Bros. appoints its first woman CEO

AT&T Inc. named Ann Sarnoff as the first woman to lead Warner Bros., filling a key vacancy created by the departure of Kevin Tsujihara following a sex scandal. Sarnoff is currently president of BBC Studios America and has more than 30 years of business and media experience, AT&T’s... Continue reading at Advertising Age

[ Advertising Age | 2019-06-24 21:32:18 UTC ]
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Mitchel Levitas, Editor in Leading Posts at The Times, Dies at 89

A Polk Award winner, he edited the Op-Ed page, The Book Review, The Week in Review and also oversaw coverage of the New York area. Continue reading at The New York Times

[ The New York Times | 2019-06-24 21:24:11 UTC ]
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Headline scoops Reynolds debut for six figures in 10-publisher auction

Headline has scooped the "beautifully original" debut from ex-snowboarder Allie Reynolds for six figures following a 10-publisher auction. Continue reading at The Bookseller

[ The Bookseller | 2019-06-23 19:44:19 UTC ]
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Sunday Times Audible Short Story Prize longlist revealed

A M Homes, Emma Cline, Toby Litt, Joe Dunthorne and Kevin Barry are among the writers nominated for the £30,000 2019 Sunday Times Audible Short Story Award. Continue reading at The Bookseller

[ The Bookseller | 2019-06-23 16:06:29 UTC ]
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5 exciting L.A. book events that will make you sound even smarter at parties

Looking for great book events to get your brain going? We’ve got you covered with some great upcoming events including a tribute to the late Kevin Killian; two chances to catch the "Prince of Preschool Books” Hervé Tullet; a Gen X-themed reading; a book signing with Bobby Hundreds; and, last... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-06-21 14:30:00 UTC ]
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It's Time to Move to ePub 3.2

The new update to the format fixes the problems with ePub 3.1. Publishers should get on board ASAP. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-21 04:00:00 UTC ]
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The new Kindle Oasis adjusts its screen color to the time of day

Finding the perfect reading light can be a challenge, no matter the time of day. Amazon's latest Kindle Oasis comes with a new color adjustable front light that can switch from cool to warm hues as the day progresses. Adjustable lighting isn't a new... Continue reading at Engadget

[ Engadget | 2019-06-19 13:00:00 UTC ]
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'It's time for implementation': UN High Commissioner urges Ottawa to develop national MMIWG action plan

The United Nations High Commissioner for Human Rights is urging Canadian authorities to implement a plan to address violence against Indigenous women and girls. Continue reading at CBC

[ CBC | 2019-06-17 22:05:04 UTC ]
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George R R Martin to make first UK visit for five years in August

George R R Martin is making a UK visit and appearing in a Waterstones event to discuss his latest book, Fire and Blood (HarperCollins). Continue reading at The Bookseller

[ The Bookseller | 2019-06-14 12:55:33 UTC ]
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Zaffre bags 'timely' reality show novel from debut author Acton

Zaffre has bagged an "unbelievably timely" debut novel from Helly Acton, which has already been optioned for TV, in a two-book deal. Continue reading at The Bookseller

[ The Bookseller | 2019-06-14 12:23:54 UTC ]
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Nathan Hollier to be new CEO at Melbourne University Publishing

Appointment comes months after walkout by former CEO Louise Adler and five MUP board members in protest over university’s new strategyFive months after the dramatic exit of its former CEO Louise Adler and five board members, Melbourne University Publishing have announced Nathan Hollier will take... Continue reading at The Guardian

[ The Guardian | 2019-06-13 01:22:23 UTC ]
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Gale, McMillan and Moss make Polari Prize longlists

The longlists for the Polari Prize and the Polari First Book Prize have been revealed, with stories about trans lives and gender identities featuring heavily on the 24-strong list. . Continue reading at The Bookseller

[ The Bookseller | 2019-06-10 20:37:34 UTC ]
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Indies and Gardners adopt real-time tech to boost trade

Independent bookshops and wholesalers Gardners are adopting a new technology to help book-buyers discover which physical copies are located in bookshops near them. Continue reading at The Bookseller

[ The Bookseller | 2019-06-10 10:34:50 UTC ]
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Natural News calls tech CEOs “lawless evil war criminals” after vanishing from Facebook

More de-platforming? The great de-platforming of 2019 continues.Read Full Story Continue reading at Fast Company

[ Fast Company | 2019-06-10 08:25:29 UTC ]
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Burns and Evans make Orwell Prize for Political Fiction shortlist

Man Booker Prize winner Anna Burns and Women's Prize shortlistee Diana Evans are among the six novelists shortlisted for the Orwell Prize for Political Fiction. Continue reading at The Bookseller

[ The Bookseller | 2019-06-10 01:32:56 UTC ]
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Daunt to split time between London and New York in Barnes & Noble deal

James Daunt will split his time between London and New York after Waterstones' parent Elliott Advisors (UK) announced that it had agreed to acquire the giant US bookseller Barnes & Noble for $683m. Continue reading at The Bookseller

[ The Bookseller | 2019-06-08 16:19:54 UTC ]
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An irresistible tale of early cinema makes for perfect summer reading

Dominic Smith’s “The Electric Hotel” explores the volatile intersection of art and commerce, among other themes. Continue reading at The Washington Post

[ The Washington Post | 2019-06-08 14:00:00 UTC ]
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