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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Rausing and Adébáyọ̀ make female-dominated Wellcome Book Prize shortlist

Penguin Random House has published half the titles on the female-dominated Wellcome Book Prize shortlist, with the book finalists all linked by their complex relationship with mortality. Continue reading at The Bookseller

[ The Bookseller | 2018-03-20 00:00:00 UTC ]
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Kohl’s and Paula Deen Make Memorable Ad Impressions in Food Magazines

Christoph Waltz for Dom Pérignon and KitchenAid also claim high recognition scores in GfK MRI's consumer ad recall study. The post Kohl’s and Paula Deen Make Memorable Ad Impressions in Food Magazines appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-03-16 00:00:00 UTC ]
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France’s Literature in Translation: The 10 Shortlisted Titles From the French-American Foundation

Even as the National Book Foundation begins taking submissions for its first translation award this year, the French-American foundation has announced shortlists in its 31st annual translation prizes. The post France’s Literature in Translation: The 10 Shortlisted Titles From the French-American... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-03-16 00:00:00 UTC ]
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Author Jane Harper makes Australia a full-fledged character in 'The Dry'

Former journalist Jane Harper has become one of the world's leading mystery writers with her "Aaron Falk" mysteries set in distant corners of Australia. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2018-03-16 00:00:00 UTC ]
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10 Things I Learned From Reading Terrible Books Written by Dictators

Man-bear love in Saddam Hussein's romance novel, Vladimir Putin's judo manual, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-16 00:00:00 UTC ]
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Crown Makes Moves to Integrate Rodale

Following the January purchase of Rodale Books, Crown has hired five former Rodale employees and named Diana Baroni v-p, associate publisher and editorial director of Harmony and Rodale. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-15 00:00:00 UTC ]
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A brief history of Stephen Hawking's A Brief History of Time

The late physicist’s editor, Peter Guzzardi, recalls his first meetings with Hawking and how his book became a bestsellerStephen Hawking dies aged 76I first encountered Stephen Hawking on the cover of the New York Times magazine. Inside, its pages told a story we all know today, but at the time... Continue reading at The Guardian

[ The Guardian | 2018-03-14 00:00:00 UTC ]
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Bluebird wins auction for Pope's 'timely' next book

Pan Macmillan imprint Bluebird has signed a "revealing" new book on politics and society by His Holiness Pope Francis. Continue reading at The Bookseller

[ The Bookseller | 2018-03-14 00:00:00 UTC ]
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Twitter has a fix for its news problem—make a new Twitter!

Last week, Facebook waffled yet again about which #content people want to see on Facebook. Cue the launch of a new feature that lets publishers label one breaking news story a day. With Facebook experimenting with breaking news, it seems only fitting that Twitter would do the same. The company... Continue reading at Fast Company

[ Fast Company | 2018-03-14 00:00:00 UTC ]
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Man Booker International Prize Longlist: Books Translated From 10 Languages

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[ Publishing Perspectives | 2018-03-12 00:00:00 UTC ]
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The Making of 'The Parking Lot Attendant': Nafkote Tamirat Talks with Her Editor

Nafkote Tamirat, author of the debut novel 'The Parking Lot Attendant,' talks with her editor, Caroline Zancan, about the editing process. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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Children's Books in China 2018: Top 10 Children's Books in China - A Quick Market Analysis

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[ Publishers Weekly | 2018-03-09 00:00:00 UTC ]
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Galassi, After Two Decades, Makes Way for Angel at FSG

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[ Publishers Weekly | 2018-03-08 00:00:00 UTC ]
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Mozley, Honeyman and Hermes Gowar make Women's Prize longlist

Six debut authors, including bookseller Fiona Mozley, Gail Honeyman and Imogen Hermes Gowar, have been longlisted for the Women’s Prize for Fiction 2018. Continue reading at The Bookseller

[ The Bookseller | 2018-03-08 00:00:00 UTC ]
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[ The Guardian | 2018-03-01 00:00:00 UTC ]
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Walliams to mark 10 years of publishing with special editions

HarperCollins Children’s Books is celebrating a decade of David Walliams’ chart dominance with new editions of his first two novels and two of his “most beloved” titles. Continue reading at The Bookseller

[ The Bookseller | 2018-02-28 00:00:00 UTC ]
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10 Essential Native American Novels

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[ Publishers Weekly | 2018-02-23 00:00:00 UTC ]
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Johnson Out as Bonnier Publishing CEO, Interim Named

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[ Publishers Weekly | 2018-02-23 00:00:00 UTC ]
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EnsembleIQ Names New CEO

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[ Folio Magazine | 2018-02-22 00:00:00 UTC ]
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