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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The UK Publishers Association has urged the government not to "trade away" the key principles that underpin the book trade as the country gears up to leave the EU. Continue reading at The Bookseller
[ The Bookseller | 2018-04-10 00:00:00 UTC ]
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As his bestselling work turns 30, the internationally revered author is set to publish his new book, 'Hippie.' Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-10 00:00:00 UTC ]
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Pan Macmillan’s editorial director Georgina Morley has moved to Picador to strengthen the imprint’s non-fiction offer, and to that end has signed Kate Teltscher’s The Palace of Palms. Continue reading at The Bookseller
[ The Bookseller | 2018-04-10 00:00:00 UTC ]
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From Greek mythology to Southern cuisine to a final outing for a beloved detective, here are the 10 April books that most impressed the Monitor's book critics. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2018-04-10 00:00:00 UTC ]
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Katie Brown has made her first acqusition for Trapeze, a debut "up lit" novel by Lia Louis, acquired at auction. Continue reading at The Bookseller
[ The Bookseller | 2018-04-07 00:00:00 UTC ]
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When something is on people’s minds, publishers notice. In the past year, there has been a surge of books about politics. That means there will be a plethora of conversations about politics at the Festival of Books. Here are a few favorites. For an in-depth conversation about our president, don’t... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-04-07 00:00:00 UTC ]
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Lis Tribe on why publishers need to use their gender pay gap statistics to build a better industry for everyone. Continue reading at The Bookseller
[ The Bookseller | 2018-04-06 00:00:00 UTC ]
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Penguin Random House has named Madeline McIntosh to the newly created position of CEO of Penguin Random House US, and promoted Allison Dobson to president of Penguin Publishing Group. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-04-05 00:00:00 UTC ]
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Following 2017's Market Focus Poland and this year's Market Focus Baltics, Indonesia will be the highlighted nation at London Book Fair in 2019. And in New York City, Markus Dohle names Madeline McIntosh to lead Penguin Random House US. The post Industry Notes: Indonesia Named London’s 2019... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-04-05 00:00:00 UTC ]
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Hearst Magazines Digital Media makes changes to its leadership and other people on the move. The post Emmy-Nominated Editor Rejoins TIME’s Newsroom | People on the Move appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-04-04 00:00:00 UTC ]
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Facebook Inc. Chief Executive Officer Mark Zuckerberg hit back against Tim Cook, calling the Apple Inc. CEO's criticism of the social-media giant "extremely glib."Cook was asked about Facebook's privacy crisis last month and called for stronger regulation of user data. A day after, Cook said he... Continue reading at Advertising Age
[ Advertising Age | 2018-04-03 00:00:00 UTC ]
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Summersdale’s sales and export director Nicky Douglas will be leaving the company on 29th March after more than 14 years in the role. Continue reading at The Bookseller
[ The Bookseller | 2018-03-29 00:00:00 UTC ]
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Judith Kerr’s next picture book, Mummy Time, will be published by HarperCollins Children’s Books in the UK in September. Continue reading at The Bookseller
[ The Bookseller | 2018-03-28 00:00:00 UTC ]
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The Orange County Sheriff’s Department on Monday made the release dates of jail inmates — including those in the country illegally — publicly available online, marking the latest local revolt against California’s so-called sanctuary laws. Undersheriff Don Barnes said the action is in response to... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-03-27 00:00:00 UTC ]
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Six group publishers will each oversee a handful of brands, reporting to Meredith Magazines president Doug Olson. The post Meredith Corp. Shuffles Sales Structure Amid Ongoing Time Inc. Integration appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2018-03-26 00:00:00 UTC ]
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The biggest U.S. antitrust case of this century kicked into high gear on Thursday as a government lawyer warned that AT&T Inc. wants to buy media giant Time Warner Inc. to “weaponize” its must-have content — a move that would raise prices for consumers and hinder innovation. “Time Warner... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-03-23 00:00:00 UTC ]
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Three roles in Penguin Random House's ebook production team have been made redundant as part of a strategic move by the company to integrate ebooks within its print production operations. Continue reading at The Bookseller
[ The Bookseller | 2018-03-23 00:00:00 UTC ]
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Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell flagship publication Time as well as Sports Illustrated, Fortune and Money after completing a review of the $1.8 billion deal.The company also intends to eliminate about 1,000 jobs over the next 10... Continue reading at Advertising Age
[ Advertising Age | 2018-03-22 00:00:00 UTC ]
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Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell the flagship publication Time, as well as Sports Illustrated, Fortune and the Money brand, after completing a review of the $1.8-billion deal. The company also intends to eliminate about 1,000 jobs over... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-03-22 00:00:00 UTC ]
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The Times’ consumer champion Laura Whateley’s debut book, a guide to money management, has been signed by 4th Estate. Continue reading at The Bookseller
[ The Bookseller | 2018-03-22 00:00:00 UTC ]
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