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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Bodley Head makes a splash with Urbina’s seas exposé

Bodley Head will publish Pulitzer Prize-winner Ian Urbina’s exposé of the criminal world of the high seas in October. Continue reading at The Bookseller

[ The Bookseller | 2019-01-30 00:00:00 UTC ]
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January’s 10 books to cozy up with

This month features tales of two revolutions: a debut novel about an Iranian family in the 1970s and a nonfiction narrative about China in the 1940s, when millions left Shanghai. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2019-01-29 00:00:00 UTC ]
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10 best books of January

A new novel by 'The Thirteenth Tale' author Diane Setterfield and a nonfiction title about the mass exodus of one-quarter of Shanghai’s population in the 1940s are two of the titles that Monitor reviewers liked best this month. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2019-01-25 00:00:00 UTC ]
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Graphic novels, poetry and art history make up SoA Translation Prizes shortlists

Graphic novels, poetry and art history make up some of the Society of Authors’ Translation Prizes shortlists for 2019, with 31 translations from seven languages up for awards. Continue reading at The Bookseller

[ The Bookseller | 2019-01-22 00:00:00 UTC ]
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Trump’s Social Media Photos Reportedly Altered to Make Him Look Thinner and His Hands Bigger

President Donald Trump purports to hate “fake news” but he seems to have no problem with fake photos. At least that’s what Gizmodo discovered when it started carefully looking at the images on Trump’s official Facebook and Instagram accounts and discovered photos of the president that make him... Continue reading at Slate

[ Slate | 2019-01-22 00:00:00 UTC ]
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Librarians, Let’s Make 2019 the Year of the Book

When ALA introduced its successful Libraries Transform campaign in 2015, it was meant to build on our foundational principles. What’s more foundational to libraries than books? If we envision 2019 as the year of the book, imagine the transformation we might lead. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-01-18 00:00:00 UTC ]
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Time for Books to Get Accessible

A new guide provides best practices for making books readily available to the visually impaired. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-01-18 00:00:00 UTC ]
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Bloomberg Media's CRO thinks it's a great time to be a publisher

Subscribe to us on iTunes, check us out on Spotify and hear us on Stitcher, Google Play and iHeartRadio too. This is our RSS feed. Tell a friend!It is, to hear Bloomberg Media's Keith Grossman tell it, both the best of times and the worst of times to be a publisher, depending on who you ask. On... Continue reading at Advertising Age

[ Advertising Age | 2019-01-17 00:00:00 UTC ]
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12 books that CEOs think you should read in 2019

Consider adding these nonfiction titles on entrepreneurship and economics to your reading list. If you’re a founder or aspiring entrepreneur, perhaps you’re looking to round out your reading list for 2019 with a few inspiring business reads. We asked entrepreneurs to offer their book... Continue reading at Fast Company

[ Fast Company | 2019-01-11 00:00:00 UTC ]
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Jill Abramson says Howard Kurtz trying to 'Foxify my book' by focusing on passage critical of New York Times

Jill Abramson, the former executive editor of the New York Times, says that a Fox News report claiming that she views her former employer as biased against President Trump took words from her forthcoming book out of context. The Fox News article, written by Howard Kurtz and headlined "Former NY... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-01-08 00:00:00 UTC ]
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Picture books perfect for story time

A collection of recent releases celebrates the joy of connecting with a grandparent, remembering the Moon landing, and slowing down to appreciate life, and much more. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2019-01-05 00:00:00 UTC ]
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'The Singularity of Sleep' – runner-up in the Sunday Star-Times Short Story Awards 2018

Haematologist Eileen Merriman describes herself as a doctor by day, and a writer by night â so she knows about the lack of sleep described in this story. Her young adult fiction novel Invisibly Breathing will be published in March this year. This story, The Singularity of Sleep was named... Continue reading at Stuff

[ Stuff | 2019-01-05 00:00:00 UTC ]
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Libraries 'central' to nation’s culture strategy, campaigners make case to ACE

The Library Campaign (TLC) is appealing to Arts Council England (ACE) for funding and support in recognition that public libraries are “the bedrock of the nation’s entire culture strategy”. Continue reading at The Bookseller

[ The Bookseller | 2019-01-04 00:00:00 UTC ]
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HMV goes into administration for a second time

Music retailer HMV has appointed KPMG as administrators, citing the challenges to the high street and an "unsustainable" fall in the market for DVDs this Christmas. Continue reading at The Bookseller

[ The Bookseller | 2018-12-29 00:00:00 UTC ]
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Clare Mackintosh to make non-fiction debut in countryside memoir

Clare Mackintosh is making her non-fiction debut with a memoir about family life in the countryside: A Cotswold Family Life. Continue reading at The Bookseller

[ The Bookseller | 2018-12-21 00:00:00 UTC ]
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Why you should surround yourself with more books than you’ll ever have time to read

An overstuffed bookcase (or e-reader) says good things about your mind. Lifelong learning will help you be happier, earn more, and even stay healthier, experts say. Plus, plenty of the smartest names in business, from Bill Gates to Elon Musk, insist that the best way to get smarter is to read.... Continue reading at Fast Company

[ Fast Company | 2018-12-17 00:00:00 UTC ]
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Audible to produce new anthology as new sponsor for The Sunday Times Short Story Award

Audible has been announced as a new sponsor for, what will now be known as, the Sunday Times Audible Short Story Award 2019. Continue reading at The Bookseller

[ The Bookseller | 2018-12-16 00:00:00 UTC ]
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Former number in hand, Tanner Pearson gets to face his former Kings teammates for first time

The attachment that Tanner Pearson has with the No. 14 jersey runs deep. He wore it “my whole life,” from when he was a mite hockey player to the Manchester Monarchs. That ended when he got called up to the Kings in 2013 and wound up being a part of their 2013-14 championship season. “When I got... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-12-15 00:00:00 UTC ]
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Harvest House Makes Christian Thinking Accessible to All

From apologetics to tours of the universe, new books from Harvest House Publishers invite everyday readers to consider their faith through various lenses. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-14 00:00:00 UTC ]
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