Third of Pearson's shareholders vote against CEO's £7.2m pay package

Former Disney chairman Andy Bird is to take up job at education publishing group in OctoberPearson has suffered a significant shareholder revolt against controversial changes to its remuneration policy, which will grant its new chief executive a multimillion-dollar pay package.Almost a third of investors in the FTSE 100 educational publishing group voted against the plans, which will award a $9.3m (£7.2m) one-off payment to the incoming boss, Andy Bird. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2020-09-18 14:02:55 UTC ]
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Ruth Ware’s ingenious ‘One by One’ pays homage to Agatha Christie’s ‘And Then There Were None’

Over the past five years, Ware has produced five suspense novels, almost all of them weighing in from really good to spectacular. Continue reading at The Washington Post

[ The Washington Post | 2020-09-07 12:00:00 UTC ]
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Indebted rural council asked to help pay for News Corp 'bush summit', documents show

The Daily Telegraph and Sky News summit was designed to help reinvigorate rural towns but some councillors unhappy they were asked to help fund itThe Daily Telegraph and Sky News asked the Snowy Monaro regional council for $15,000 in cash and services to help pay for the newspaper’s “bush... Continue reading at The Guardian

[ The Guardian | 2020-09-04 20:00:35 UTC ]
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B&N Knocks Out Defamation Claim by Fired CEO

Knocking out the defamation claim is a potentially substantial victory for Barnes & Noble, as previous filings suggest that former CEO Demos Parneros was seeking approximately $70 million in damages for the defamation claim alone. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-04 04:00:00 UTC ]
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Book Deals: Week of September 7, 2020

Oprah’s Flatiron imprint nabs a nonfiction title by a Nobel laureate, Holt buys a debut novel by a PRH UK editor, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-04 04:00:00 UTC ]
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This Week's Bestsellers: September 7, 2020

Jon Meacham has the #2 book in the country with ‘His Truth Is Marching On,’ a biography of civil rights icon John Lewis. Plus ‘H Is for Hawk’ author Helen Macdonald alights at #13 in hardcover nonfiction with ‘Vesper Flights,’ and politics and pythons mingle in Carl Hiassen’s ‘Squeeze Me.’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-04 04:00:00 UTC ]
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Print Unit Sales Rose 7% at the End of August

Unit sales of print books rose 7.1% in the week ended Aug. 29, 2020, over the comparable week in 2019, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-04 04:00:00 UTC ]
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PA and Pearson join Creative Industries Trade Advisory Group

The Publishers Association and Pearson are to sit in on the Creative Industries Advisory Group, to assist in steering "ongoing and upcoming trade negotiations" in the UK.  Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 06:08:05 UTC ]
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Clavis CEO Sets Sights on U.S. Talent

Clavis Publisher and CEO Philippe Werck believes there is illustration talent all over the world—and in launching the U.S. Key Colors Competition, he set out to find it. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-30 04:00:00 UTC ]
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7 Takeaways From ‘Melania and Me,’ by the First Lady’s Former Friend

Stephanie Winston Wolkoff was part of the Trumps’ inner circle — until she wasn’t. Her memoir is a cautionary tale. Continue reading at The New York Times

[ The New York Times | 2020-08-28 21:34:51 UTC ]
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7 Books About Being Young and Messy in New York

My memoir is not unique. But only in the sense that my story unfolds with New York City as the backdrop, where so many other stories have unfolded and will continue to unfold long after I’m gone. That’s the beauty of this multilayered city: it unravels you, and no one’s unraveling is alike. Yes,... Continue reading at Electric Literature

[ Electric Literature | 2020-08-25 11:00:12 UTC ]
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Jamie Oliver rustles up his 67th number one with 7 Ways

Jamie Oliver's 7 Ways (Michael Joseph) has soared into the UK Official Top 50 number one spot, selling 34,241 copies through Nielsen BookScan's TCM. Continue reading at The Bookseller

[ The Bookseller | 2020-08-24 18:56:55 UTC ]
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Pearson appoints Walt Disney exec Andy Bird as c.e.o.

Pearson has appointed Andy Bird, most recently president and chairman of Walt Disney International, to be Pearson's new chief executive. He will start on 19th October, subject to shareholder approval, with outgoing boss John Fallon remaining in the role until that date.  Continue reading at The Bookseller

[ The Bookseller | 2020-08-24 08:02:27 UTC ]
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Pearson pulls BTEC results on eve of release

Pearson pulled its BTEC results last night (19th August), the evening before they were to be released, saying it is regrading them in line with GCSEs and A-Levels. Continue reading at The Bookseller

[ The Bookseller | 2020-08-20 00:37:53 UTC ]
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Trump’s war on mail-in voting and the postal service

Yesterday, a pair of TV interviews crystallized just how the Trump administration is threatening the integrity of the election. On CNBC, Larry Kudlow, Trump’s top economic adviser, cast “voting rights” as part of a “liberal-left wish list,” adding, “That’s not our game.” On Fox Business, Trump... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-08-14 12:26:12 UTC ]
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Bertrams has just £600k to pay £25m debts, statement shows

The collapsed wholesaler Bertrams has just £600,000 to pay debts to publishers, a “statement of affairs” published on Companies House this week shows. The statement reveals 2,500 trade creditors are owed a total of £25m. Continue reading at The Bookseller

[ The Bookseller | 2020-08-13 10:05:03 UTC ]
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See Inside 7 Beautiful Monastic Libraries

Behold the frescoed ceilings, marble floors, and centuries-old majesty of these monastic libraries around the world. Continue reading at Book Riot

[ Book Riot | 2020-08-06 10:37:00 UTC ]
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Why CEOS need to read poetry—yes, poetry—to lead in the post-COVID world

Leaders will need to be resilient, open-minded, and creative. Poetry can show them the way. “I would like to beg you, dear Sir, as well as I can, to have patience with everything unresolved in your heart and to try to love the questions themselves as if they were locked rooms or books written... Continue reading at Fast Company

[ Fast Company | 2020-07-28 03:00:09 UTC ]
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Hedge fund to pay $312M for McClatchy newspaper chain

Hedge fund Chatham Asset Management says it will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection Continue reading at ABC News

[ ABC News | 2020-07-25 15:28:47 UTC ]
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Pearson reports first-half revenue drop of 17%

Pearson has reported revenue fell 17% in the first half of 2020 as the result of “significant disruption” caused by Covid-19. However, the company has said “things are improving”, citing better sales in June. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 08:05:58 UTC ]
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NBCC Schedules Meeting to Vote for Board Member Removal

In an email to its members on Wednesday, the National Book Critics Circle's board of directors announced that its members have called for a meeting to remove v-p of grants Carlin Romano from the board. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-23 04:00:00 UTC ]
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