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'


Hard Wired makes soft landing at Bonnier list 535

Bonnier Books UK imprint 535 has acquired a title from "business anthropologist" Dr Simon Roberts about "embodied knowledge": the information that is unconsciously picked up by our body and that affects every area of our lives. Continue reading at The Bookseller

[ The Bookseller | 2019-03-14 00:00:00 UTC ]
More news stories like this |


Pricing for the 6-inch Kindle and Kindle Paperwhite drop to all-time lows

If you need to get some reading done without lugging around a ton of books, today’s deal is for you. Amazon is selling the latest version of the 6-inch Kindle with no ads and the Kindle Paperwhite with ads at $70 and $100 respectively–a discount of $30. Sure, those are their typical sale prices,... Continue reading at PC World

[ PC World | 2019-03-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest version #kindle paperwhite #special offers #onboard storage


Marvel is reportedly making a 'What If' animated series for Disney+

What if Captain America was elected President? What if Spider Man had joined the Fantastic Four? What if those and other What If plots came to TV? According to Slashfilm, Marvel Studios wants to adapt the popular What If comic books into an animated... Continue reading at Engadget

[ Engadget | 2019-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #animated series #captain america #elected president #comic books


Faber is mad on what makes us bad

Faber has triumphed in a 13-way auction for a "riveting exploration of evil" by a renowned British forensic psychiatrist, with the title subject of intense international interest. Continue reading at The Bookseller

[ The Bookseller | 2019-03-12 00:00:00 UTC ]
More news stories like this |


From Europe and the UK: Two CEOs at London Book Fair’s Quantum Conference

Core values, the essential relationship of author and publisher, and the fundamental efficacy of reading anchored the morning and afternoon of London Book Fair's 2019 Quantum. The post From Europe and the UK: Two CEOs at London Book Fair’s Quantum Conference appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-03-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quantum conference #core values


Get 'The Cyber Risk Handbook -- Creating and Measuring Effective Cybersecurity Capabilities' ($43 value) FREE for a limited time

Cyber risk is a fast-growing enterprise risk, not just an IT risk. Yet seldom is guidance provided as to what this means. This ebook is the first to tackle in detail those enterprise-wide capabilities expected by Board, CEO and Internal Audit, of the diverse executive management functions that... Continue reading at Betanews

[ Betanews | 2019-03-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #limited time


Tim Peake and 10 Downing Street celebrate World Book Day

Downing Street has welcomed 30 schoolchildren to share a story to celebrate today’s (7th March) World Book Day, whilst astronaut Tim Peake is marking the day with a video encouraging children to read. The children visiting 10 Down Street spent the morning reading and drawing along with authors... Continue reading at The Bookseller

[ The Bookseller | 2019-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tim peake #downing street #rob biddulph


Macmillan Makes More Changes in Sales Division

Following an overhaul of its sales division late last month, Macmillan has instituted further changes to the division that include promotions and a number of account reassignments. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales division


Los Angeles Times Announces Lineup for 24th Annual Festival of Books

The festival, taking place April 13-14 at USC, will feature hundreds of authors, experts and storytellers, including Karamo Brown, Chelsea Clinton, Valerie Jarrett, Erica Jong, Kiese Laymon and Don Winslow The Los Angeles Times today announced the lineup for the Festival of Books, the nation’s... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #chelsea clinton #erica jong #kiese laymon #don winslow


‘It’s been tight for us’: Why local media company Spirited Media ran out of time

The local news publisher couldn't find enough takers to complete a $1.5 million Series B round of funding. The post ‘It’s been tight for us’: Why local media company Spirited Media ran out of time appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time appeared


Sonia Sotomayor Will Make BookExpo Appearance

U.S. Supreme Court Justice Sonia Sotomayor will headline a May 30 event at this year’s BookExpo, during which she will discuss 'Just Ask: Be Different, Be Brave, Be You,' her new YA book due out this fall. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-06 00:00:00 UTC ]
More news stories like this |


Endeavour Media: making waves

A year after going into liquidation, digital indie Endeavour Media (the new iteration of Endeavour Press) is "sailing on as before" and now has its sights set on audio. Continue reading at The Bookseller

[ The Bookseller | 2019-03-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #making waves #endeavour press #sights set


Kylie Jenner's makeup makes her the world's youngest billionaire

Youngest of the Kardashian-Jenner reality TV family tops Mark Zuckerberg by two yearsKylie Jenner, the youngest member of the Kardashian-Jenner American reality TV family, has become the world’s youngest billionaire at the age of just 21.Jenner, who grew up under the watch of TV cameras filming... Continue reading at The Guardian

[ The Guardian | 2019-03-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kylie jenner #youngest member #years younger


Burns and Rooney make Women’s Prize for Fiction longlist

The 2019 Women’s Prize for Fiction longlist has been revealed, featuring Man Booker winner Anna Burns, Costa Novel Award winner Sally Rooney and seven debut novelists.  Continue reading at The Bookseller

[ The Bookseller | 2019-03-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fiction longlist #debut novelists


Cape unveils Briggs' long-awaited collection Time for Lights Out

Jonathan Cape will publish Raymond Briggs' long-awaited Time for Lights Out in November, 13 years after the illustrator and author started work on the book about age and death. Continue reading at The Bookseller

[ The Bookseller | 2019-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jonathan cape


Industry Notes: SAGE Publishing Makes UK’s Index on Censorship Archive Free

The UK's quarterly 'Index on Censorship' has opened its 45-year archive to free readership, a response to an era of fake news and leadership lies. The post Industry Notes: SAGE Publishing Makes UK’s Index on Censorship Archive Free appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fake news


Want to take control of your digital life? Start with reclaiming leisure time

You can’t take control of your digital life if you aren’t intentional about how you spend your time, argues Cal Newport. In his Nicomachean Ethics, compiled in the fourth century BC, Aristotle tackles a question as urgent then as it is today: How does one live a good life? The Ethics divides its... Continue reading at Fast Company

[ Fast Company | 2019-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital life #good life #ten books #final book


Mirror owner warns over Brexit as it makes £200m writedown

Reach, which also owns Daily Express and Daily Star, reports £120m pre-tax loss for 2018Reach, the publisher of the Daily Mirror and Daily Express, has warned about the impact of Brexit on advertising, as it made a £200m writedown on its newspaper business that pushed it into the red for... Continue reading at The Guardian

[ The Guardian | 2019-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #daily mirror #daily express #newspaper business #trinity mirror #pretax loss #publishing rights


Nine Wins That Could Make History at the Oscars This Sunday

Though it’s certainly unusual for the Academy Awards to have no official host, the ceremony on Sunday won’t quite be a first—that honor belongs to the 1939 Oscars, which were similarly host-less. However, there are quite a few nominees this year who could find themselves in the history books if... Continue reading at Slate

[ Slate | 2019-02-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #make history #academy awards #history books


New York Times publisher responds to president's 'public enemy' tweet

In presidential tweet news, this happened Wednesday: Trump didn't get specific about the "false" reporting, but it seems likely that he saw the print edition of this morning's New York Times with... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-02-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #public enemy