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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In its first season, the National Book Foundation is partnering with five book festivals, two colleges, and three libraries to send authors to readers across the country. The post National Book Foundation’s ‘NBF Presents’ Inaugural Season Goes to 10 States appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-09-07 00:00:00 UTC ]
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The Booker Prize Foundation has launched an online celebration for the Man Booker Prize’s 50th anniversary, charting key moments in the prize’s history. Continue reading at The Bookseller
[ The Bookseller | 2018-09-06 00:00:00 UTC ]
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The paperback edition of Adam Kay’s This is Going to Hurt (Picador) has bounded painlessly into the UK Official Top 50 number one spot, after spending seven weeks among the top three. Continue reading at The Bookseller
[ The Bookseller | 2018-09-05 00:00:00 UTC ]
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The new heads of GLIBA, MPIBA, and NEIBA are changing things up to build community among booksellers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-31 00:00:00 UTC ]
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A late-summer standoff has flared with the US publishing industry's largest–and longest-struggling–brick-and-mortar retail chain. Its former CEO is suing for defamation. The company, in response, alleges sexual harassment. The post Barnes & Noble’s Former CEO, Demos Parneros, Launches... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-29 00:00:00 UTC ]
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Praised for his handling of Trump's attempt to 'intimidate a publisher', Macmillan CEO John Sargent will speak at the Frankfurter Buchmesse this year. The post Macmillan’s John Sargent Is Featured at Frankfurter Buchmesse’s CEO Talk appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-08-28 00:00:00 UTC ]
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John Larison, author of 'Whiskey When We're Dry," picks books by Annie Proulx, Hernan Diaz, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-24 00:00:00 UTC ]
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N K Jemisin’s The Stone Sky has been awarded science fiction's premier award, the Hugo Award for Best Novel, marking the first time any writer has taken home the accolade three years running. Continue reading at The Bookseller
[ The Bookseller | 2018-08-22 00:00:00 UTC ]
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As the Washington Nationals conducted a fire sale of veteran players, sending second baseman Daniel Murphy to the Cubs and first baseman Matt Adams to the Cardinals, the Dodgers put in a claim to to acquire the biggest star on Washington’s roster: Bryce Harper. “I think we claimed him,” manager... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-08-22 00:00:00 UTC ]
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Novelist David Mitchell has received the Sunday Times Award for Literary Excellence, given in recognition of a writer's entire body of work. Continue reading at The Bookseller
[ The Bookseller | 2018-08-21 00:00:00 UTC ]
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The winners of the Hugo Awards, considered some of the most prestigious science fiction and fantasy literary prizes, were announced on Sunday, with science fiction author N.K. Jemisin making history as the first writer ever to win the best novel award three years in a row. Jemisin won the prize... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-08-21 00:00:00 UTC ]
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New Statesman editor Jason Cowley, formerly news editor at The Bookseller, is publishing a collection of his journalism with Norfolk indie Salt. Continue reading at The Bookseller
[ The Bookseller | 2018-08-20 00:00:00 UTC ]
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BBC Radio 5 Live presenter Rachael Bland, who has incurable cancer, is in a "race against time" to publish a memoir for her two-year-old son, Freddie. Continue reading at The Bookseller
[ The Bookseller | 2018-08-14 00:00:00 UTC ]
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Bull Moose, a Maine and New Hampshire–based retailer known for its music, movie, and video game selection, is steadily becoming one of the region’s largest retailers of books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-13 00:00:00 UTC ]
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Nominate your local librarian for a 2018 'I Love My Librarian' award; How librarians find that elusive book you can't quite recall; And Facebook removes a purveyor of hate speech, but Twitter hedges. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-10 00:00:00 UTC ]
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Laura Griffin, author of the intensely suspenseful novel 'Desperate Girls,' picks books by Mary Kubica, Lee Child, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-08-10 00:00:00 UTC ]
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Jack Dorsey refuses to follow Apple, Facebook and YouTube in banning Jones, saying he will be guided by principles rather than pressureTwitter founder Jack Dorsey has defended his company’s decision to continue publishing the controversial tweets of the American conspiracy theorist Alex Jones,... Continue reading at The Guardian
[ The Guardian | 2018-08-08 00:00:00 UTC ]
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A federal appellate court has upheld the dismissal of a longstanding antitrust suit against Hearst and Time Inc.—among other current and former magazine publishers—filed by defunct wholesaler Anderson News, LLC, likely ending a legal battle so protracted that several of its original parties no... Continue reading at Folio Magazine
[ Folio Magazine | 2018-08-07 00:00:00 UTC ]
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Weidenfeld & Nicolson is publishing an investigation into depression, which makes a case for embracing both art and science to better understand and treat the condition. Continue reading at The Bookseller
[ The Bookseller | 2018-08-07 00:00:00 UTC ]
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Mark Thompson says site’s attempts to rank news outlets sounds like ‘controlled society’Facebook should consider completely removing news from users’ feeds unless it can find a way to avoid low-quality stories clogging up the site, the chief executive of the New York Times has said.Mark Thompson... Continue reading at The Guardian
[ The Guardian | 2018-08-03 00:00:00 UTC ]
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