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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Snapchat is opening up to outside developers and apps for the first time in a bid to boost user growth with new features and collaborations. In doing so, the video messaging app is following the footsteps of its rival Facebook, which first welcomed outside developers in 2007. That helped... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-06-14 00:00:00 UTC ]
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An investigation has reported that thousands of agency workers who make Amazon’s Echo smart speakers and Kindles in China have been hired and paid illegally. Continue reading at The Bookseller
[ The Bookseller | 2018-06-12 00:00:00 UTC ]
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Blending autobiography, literary criticism poetry and philosophy, Little Boy will be published in March 2019, the author’s centenaryThe 99-year-old poet Lawrence Ferlinghetti, one of the last surviving members of the Beat generation, has sold an “experimental” new novel to a major American... Continue reading at The Guardian
[ The Guardian | 2018-06-07 00:00:00 UTC ]
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Michelle Tea, author of 'Against Memoir,' picks books by Maggie Nelson, Imogen Binnie, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-07 00:00:00 UTC ]
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Creating original serialized content—as in the case of streaming on-demand services such as Amazon Prime and Netflix—holds the key to success for audiobook subscriptions, says Storytel España in a new report. The post Storytel in Spain: When Entering the Audiobook Market Means Making New Serials... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-06 00:00:00 UTC ]
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Ambulances were reportedly called out to Amazon’s UK warehouses more than 600 times in the last three years. Continue reading at The Bookseller
[ The Bookseller | 2018-06-05 00:00:00 UTC ]
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It's hard enough getting John Dunmore to stop and sit down; getting him to talk about himself is almost impossible. Continue reading at Stuff
[ Stuff | 2018-06-01 00:00:00 UTC ]
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The Publishers Association has recommended that the government makes funding for textbooks a priority. Continue reading at The Bookseller
[ The Bookseller | 2018-06-01 00:00:00 UTC ]
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Catherynne M. Valente, author of 'Space Opera,' picks books by Cory Doctorow, Stanislaw Lem, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-01 00:00:00 UTC ]
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When Potato—the star of 'Potato Pants!' (Holt/Ottaviano, Oct.)—hears about a one-day sale on potato pants (pants made out of potatoes, of course!), he is so excited, he starts doing the robot. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-06-01 00:00:00 UTC ]
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The market is 'robust and solid,' the BookExpo audience hears from three of the biggest books CEOs in the world. It's just the consumers who keep changing. The post BookExpo’s Roundtable With CEOs Cites Stability, Growth, Promise for Books Ahead appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-01 00:00:00 UTC ]
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For the book business, print and digital markets have found balance, CEOs say, but political instability in the culture at large remains a cause for concern. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-31 00:00:00 UTC ]
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BAFTA-winning broadcaster and television presenter Dan Snow is publishing On This Day in History with John Murray Press. Continue reading at The Bookseller
[ The Bookseller | 2018-05-30 00:00:00 UTC ]
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Debut author Imogen Hermes Gowar has been nominated for this year's The Times Breakthrough Award in the Books category for her novel The Mermaid and Mrs Hancock (Harvill Secker). Continue reading at The Bookseller
[ The Bookseller | 2018-05-30 00:00:00 UTC ]
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The critically lauded US author turns his hand to children’s books with a fortuitously timed tale of immigrant experience—and keeps a decades-old promise as a result. Continue reading at The Bookseller
[ The Bookseller | 2018-05-29 00:00:00 UTC ]
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George Saunders, Hilary Mantel and Michael Ondaatje are among the names to have been shortlisted for the Golden Man Booker Prize, created to celebrate the 50th anniversary of the coveted literary award. Continue reading at The Bookseller
[ The Bookseller | 2018-05-27 00:00:00 UTC ]
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The Week in Libraries, May 25, 2018: Among this week's headlines, why it's time to change the way libraries win support; the Internet Archive wins a grant to digitize university press books; and a University of Arizona study sheds light on how consumers view ebooks. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-25 00:00:00 UTC ]
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Superior Court Judge Peter Deddeh reached back in time as he pulled bits of San Diego history out of the narrow copper box. Newspapers, coins, stamps, government documents, history books, audio tapes and microfilm were among the contents. The time capsule had been sealed for nearly 56 years,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-05-21 00:00:00 UTC ]
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Bertelsmann has achieved its highest first-quarter revenues in 10 years and said it is on track to achieve net profit in excess of one billion euros for the year. Continue reading at The Bookseller
[ The Bookseller | 2018-05-18 00:00:00 UTC ]
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The global chief of Penguin Random House names Kristin Cochrane to the role of CEO in Canada. And in Sweden, the national universities' and research consortium says it can't get the open-access arrangements it needs from Elsevier. The post Industry Notes: Canada’s PRH Gets a Female CEO;... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-05-18 00:00:00 UTC ]
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