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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Time to Read launches 'Book Bingo' in north west libraries

People in the north west are being encouraged to use their libraries with a “Book Bingo” contest worth up to £200. Continue reading at The Bookseller

[ The Bookseller | 2019-04-16 00:00:00 UTC ]
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Fourth Estate matches mid-century illustration to 10 classic fiction titles

The Matchbook Classics series by Fourth Estate brings 10 of its noted fiction titles under the same branding—and contained in a matchbox, with an unusual method of construction. Continue reading at The Bookseller

[ The Bookseller | 2019-04-16 00:00:00 UTC ]
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Trump, immigration, dystopias are topics on last day of L.A. Times Festival of Books

After Donald Trump was elected president, Ben H. Winters put aside the novel he was writing in favor of a new project. The result was “Golden State,” set in a society where every interaction is recorded and lying is severely punished. Trump’s election was also the catalyst for some key essays in... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #times festival #elected president #golden state


Morning tee time hurts ratings for Tiger Woods’ historic Masters win

The overnight ratings for the CBS telecast of Tigers Woods’ stunning comeback victory at the 2019 Masters on Sunday were hurt by its early morning start time. Coverage of the final round at Augusta National Golf Club in Augusta, Ga., averaged a 7.7 rating in the 56 cities measured by Nielsen. The... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-15 00:00:00 UTC ]
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Susan Orlean talks ‘The Library Book’ on first day of L.A. Times Festival of Books

Susan Orlean cracked open her book and bent toward the microphone. “Covers burst like popcorn,” she said, reading from her book about the mysterious 1986 fire at downtown L.A.’s Central Library. “Pages flared and blackened and then sprang away from their bindings, a ream of sooty scraps soaring... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-14 00:00:00 UTC ]
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Sandra Cisneros raises up Frida Kahlo and other women at L.A Times Festival of Books

When Sandra Cisneros stepped onto the main stage at the L.A. Times Festival of Books on Saturday afternoon, she greeted the audience in Spanish first, with a microphone in one hand and a violet hand fan in the other. “Gracias a todos! Bienvenidos!” For the monolingual, she translated it to:... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-14 00:00:00 UTC ]
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McDermid, Bauer and Turton make Theakston Old Peculier Crime Novel longlist

Val McDermid, Belinda Bauer and Stuart Turton are among the 18 authors on this year’s Theakston Old Peculier Crime Novel longlist. Continue reading at The Bookseller

[ The Bookseller | 2019-04-14 00:00:00 UTC ]
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Times Book Prize winners cover addiction, the border, diversity and more

Some of the most provocative topics in American political discourse — from the opioid crisis to racial identity to the country’s southern border — were at the heart of the books celebrated Friday night during the 39th annual Los Angeles Times Book Prizes. Held inside USC’s Bovard Auditorium, the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-13 00:00:00 UTC ]
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IPG Independent Publishers Awards shortlists see 10 new names for 2019

The Independent Publishers Guild (IPG) has announced the 12 shortlists for its annual awards, with five small presses up for at least two prizes and 10 featuring for the first time. Continue reading at The Bookseller

[ The Bookseller | 2019-04-13 00:00:00 UTC ]
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Wainwright to make rare appearance at Wimple History Festival

Writer and director Sally Wainwright will make a rare appearance at the Wimpole History Festival in June with Bart Van Es, Michael Morpugo, Melvyn Bragg and Lucy Worsley also on the bill.  Continue reading at The Bookseller

[ The Bookseller | 2019-04-13 00:00:00 UTC ]
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Sunday Times Young Writer of Year award reveals sponsor change

The Sunday Times Young Writer of the Year Award has announced changes to its sponsorship with the University of Warwick its title partner and Caroline Michel, c.e.o. of literary agency Peters Fraser + Dunlop, becoming its first patron.  Continue reading at The Bookseller

[ The Bookseller | 2019-04-12 00:00:00 UTC ]
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Why Doctors and Librarians Make Great Partners

Thirty years after its launch, Reach Out and Read continues to stress the benefits of reading aloud to kids. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-12 00:00:00 UTC ]
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Winterson discusses sexbots and 'boomerang' nature of time at Vintage showcase

The "boomerang" nature of time was discussed at the Vintage for Change evening, along with teen revolution and the sensibilities of sexbots, as Jeanette Winterson and six other authors considered the “turbulent times” of present day. Continue reading at The Bookseller

[ The Bookseller | 2019-04-12 00:00:00 UTC ]
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10 Essential Graphic Novels and Memoirs About Queer Women

'My Favorite Thing is Monsters,' 'Honor Girl,' and more, picked by Kelsey Wroten, author of 'Cannonball.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-12 00:00:00 UTC ]
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Procter & Gamble makes the biggest ask yet of digital media — civility

Marc Pritchard has asked a lot from digital media the past two years, but his latest ask may be the hardest to get — civility. In a speech to the Association of National Advertisers Media Conference in Orlando on Thursday, Procter & Gamble Co.’s chief brand officer called for a “New Media... Continue reading at Advertising Age

[ Advertising Age | 2019-04-11 00:00:00 UTC ]
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Michael Crick makes surprise exit from Channel 4 News

The political correspondent confirmed his departure from the broadcaster on TwitterMichael Crick, Channel 4 News’ political correspondent since 2011, has abruptly parted company with the broadcaster. He tweeted on Wednesday: “I have left Channel 4 News and ITN after seven and a half great years.... Continue reading at The Guardian

[ The Guardian | 2019-04-11 00:00:00 UTC ]
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Clinton, Patterson and King make CrimeFest shortlist

Bill Clinton, James Patterson and Stephen King are on the CrimeFest Awards shortlist, which this year features a mix of established names and new talent. Continue reading at The Bookseller

[ The Bookseller | 2019-04-10 00:00:00 UTC ]
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5 debut novelists you won’t want to miss at the L.A. Times Festival of Books

Every year, the Los Angeles Times Festival of Books brings some of the world's most acclaimed authors, artists and performers together for one unforgettable weekend. It's a chance for book-loving Angelenos to see, in the flesh, the writers who have educated and entertained them. This year's... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-09 00:00:00 UTC ]
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Global 'rights storm' with 10 deals for Lia Louis novel

Romcom Dear Emmie Blue by Lia Louis has led to a global “rights storm” with the biggest German deal of her agent Juliet Mushens' career. Continue reading at The Bookseller

[ The Bookseller | 2019-04-06 00:00:00 UTC ]
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Datebook: In the O.C., new shows make imaginative use of an old furniture shop

New works in an old mall and a show of avant-garde Japanese art from the ’80s and ’90s. Plus, Guatemalan masks, a pop-up show and an exhibition devoted to an unlucky anniversary. Here are nine exhibitions and events to check out in the coming week: New exhibitions at OCMA Expand. While their new... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-05 00:00:00 UTC ]
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