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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#print editions
#boost revenue
#digital products
#online access
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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The Bollinger Everyman Wodehouse Prize for Comic Fiction has been withheld for the first time in its 18 years because none of the entries "prompted unanimous, abundant laughter". Continue reading at The Bookseller
[ The Bookseller | 2018-05-17 00:00:00 UTC ]
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#comic fiction
Which Bay Area companies caught the eyes of VCs last year? In the most recent issue of the San Francisco Business Times we published our annual ranking of the Greater Bay Area’s 100 largest venture capital recipients, based on total disclosed funding in 2017 as reported by Thomson... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2018-05-17 00:00:00 UTC ]
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#annual ranking
#thomson reuters
Kristin Cochrane will be elevated to CEO of PRH Canada on July 1, as Brad Martin retires after five years in the role. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-17 00:00:00 UTC ]
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#prh canada
Chart-topping chef and food writer Jamie Oliver has fallen off the Sunday Times Rich List for the first time in eight years. Continue reading at The Bookseller
[ The Bookseller | 2018-05-15 00:00:00 UTC ]
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We sit down with CEO and publisher Rachel Fishman Feddersen to hear how the 120-year-old Jewish culture publication is embracing the digital age. The post Nearly Two Years in the Making, The Forward’s Transformation Continues On appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-05-14 00:00:00 UTC ]
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#digital age
Anne Applebaum has won the Pol Roger Duff Cooper Prize for a second time, with victory for her account of the great Ukrainian famine of the early 1930’s, Red Famine (Penguin). Continue reading at The Bookseller
[ The Bookseller | 2018-05-12 00:00:00 UTC ]
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#anne applebaum
The FT today published a fascinating interview with Thomas Middelhoff, the former CEO of Bertelsmann, the German media giant. Middelhoff became a star during the dot-com boom—his $50 million investment in AOL became a $7 billion exit five years later—and then his star fell. Middelhoff ended up... Continue reading at Slate
[ Slate | 2018-05-12 00:00:00 UTC ]
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#found guilty
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In 2018, the Swansea University International Dylan Thomas Prize is celebrating its 10th year, and marking the 65th anniversary of Thomas’ death. Continue reading at The Bookseller
[ The Bookseller | 2018-05-11 00:00:00 UTC ]
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Pop music writer Randy Lewis and pop music critic Robert Hilburn worked together at The Times for a quarter-century before Hilburn retired in 2006. They sat down recently to talk about Hilburn’s latest book, “Paul Simon — The Life,” to be published by Simon & Schuster on Tuesday, just ahead... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-05-06 00:00:00 UTC ]
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#simon schuster
Titles from seven different publishers have been shortlisted for the Branford Boase award, annually recognising the author of a debut novel and their editor. Continue reading at The Bookseller
[ The Bookseller | 2018-05-02 00:00:00 UTC ]
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Announcing its policy change less than a month before GDPR goes into effect, Google has left publishers scrambling to make sense of its new rules. The post Four Publishing Trade Groups Criticize Google’s Ad Policy Change in Letter to CEO appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-05-01 00:00:00 UTC ]
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The final book from Henning Mankell is among the titles to be shortlisted for the 2018 Petrona Award for the Best Scandinavian Crime Novel of the Year. Continue reading at The Bookseller
[ The Bookseller | 2018-05-01 00:00:00 UTC ]
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#final book
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'In an industry where everything is returnable, why are we out of stock so often?' is the kind of question tackled at the Book Industry Study Group's annual meeting last week, focus on the supply chain. The post BISG’s Annual Meeting: Making 2018 Our ‘Metadata Year’ appeared first on Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-05-01 00:00:00 UTC ]
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Hachette Book Group only reduced its carbon footprint by 2% last year—but every sheet of paper it used came from certified sources. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-30 00:00:00 UTC ]
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American writer Courtney Zoffness has won the 2018 Sunday Times EFG Short Story Award for her short story "Peanuts aren't nuts". Continue reading at The Bookseller
[ The Bookseller | 2018-04-28 00:00:00 UTC ]
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Children’s publisher Nosy Crow is closing its in-house app department and making three members of staff redundant. Continue reading at The Bookseller
[ The Bookseller | 2018-04-27 00:00:00 UTC ]
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#staff redundant
Elliott Advisors, a U.S. investment firm, has agreed to buy U.K. bookstore chain Waterstones for an undisclosed sum. James Daunt will remain CEO. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-26 00:00:00 UTC ]
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Head of Zeus has acquired a time travel murder mystery from "brilliant new voice" Kate Mascarenhas. Continue reading at The Bookseller
[ The Bookseller | 2018-04-25 00:00:00 UTC ]
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Unit sales of traditionally published ebooks fell 10% in 2017, compared to 2016, according to figures released by PubTrack Digital, part of the NPD book group. The service tracks sales from roughly 450 publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-25 00:00:00 UTC ]
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#figures released
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