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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Pearson, the Financial Times and the culture of modern capitalism

Letter to the FT by Daily Mail group director on the difference between business ownership based on ‘long term value’ and the need to make quick profitsA short letter in Wednesday’s Financial Times makes for fascinating reading. Stimulated by Pearson’s sale of the FT to Nikkei, it poses profound... Continue reading at The Guardian

[ The Guardian | 2015-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #long term #fascinating reading #early 1990s


Pearson confirms Economist sale talks

Pearson has confirmed that it is in talks to sell The Economist Group. The company said it is “in discussions” with the board of The Economist Group and with trustees regarding sale of its 50% share. “There is no certainty that this process will lead to a transaction,” said a statement from... Continue reading at The Bookseller

[ The Bookseller | 2015-07-28 00:00:00 UTC ]
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After Financial Times, Pearson Announces Plans to Sell The Economist Magazine Also

Pearson Plc moved closer to an exit from business publishing as it announced plans to dispose of its stake in the 172-year-old Economist magazine, just days after the sale of The Financial Times newspaper.   Discussions with The Economist Group& ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #economist magazine #business publishing #announced plans #economist group


Pearson to sell Economist stake

Publishing company Pearson is to sell its 50% stake in the Economist Group, days after announcing the sale of the Financial Times. Continue reading at BBC News

[ BBC News | 2015-07-26 00:00:00 UTC ]
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Pearson boss defends sale of Financial Times to Nikkei

John Fallon says it was getting harder to run education and journalism arms well and is confident Japanese firm will honour editorial freedomPearson was no longer the best owner of the Financial Times, the publishing group’s chief executive has said in defence of the decision to sell the... Continue reading at The Guardian

[ The Guardian | 2015-07-24 00:00:00 UTC ]
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Pearson sells FT for £884m

Pearson has sold the FT Group to the Japanese Nikkei Inc for £844m. The company confirmed earlier today it was in “advanced talks” on the sale of the FT Group, which includes the Financial Times, and has now revealed Nikkei will buy the group for a gross consideration of £844m, payable in cash. Continue reading at The Bookseller

[ The Bookseller | 2015-07-24 00:00:00 UTC ]
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PRH Adds 24 Million Pounds to Pearson Profits

Penguin Random House contributed 24 million pounds in operating profit to Pearson in the first half of 2015, up from 18 million pounds in the same period in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-24 00:00:00 UTC ]
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Pearson in 'advanced talks' to sell FT

Pearson has confirmed it is in “advanced discussions” to sell the FT Group. Press speculation has been rife this week that a sale has been made ahead of Pearson’s half-year results, which are due to be reported tomorrow morning (24th July). While Pearson confirmed it is in talks to sell the FT... Continue reading at The Bookseller

[ The Bookseller | 2015-07-24 00:00:00 UTC ]
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FT owners Pearson posts £115m loss

Publishing group Pearson - which is selling its Financial Times newspaper - reports a first half loss of £115m compared with £36m a year earlier. Continue reading at BBC News

[ BBC News | 2015-07-24 00:00:00 UTC ]
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Pearson agrees to sell Financial Times to Japanese publisher in $1.3B deal

Japanese publisher Nikkei Inc. agreed to acquire Pearson Plc's FT Group for $1.3 billion to gain control of the Financial Times newspaper. The sale doesn't include Pearson's 50% stake in... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2015-07-23 00:00:00 UTC ]
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George R R Martin urges fans to vote on Hugo Awards

George RR Martin has urged “every true fan” of science fiction and fantasy to vote for this year’s Hugo Awards to “help protect the integrity of the rocket”. The 2015 Hugo Awards, honouring the best science fiction and fantasy works and achievements of the previous year across a number of... Continue reading at The Bookseller

[ The Bookseller | 2015-07-21 00:00:00 UTC ]
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Dunkin' Donuts Is Using 7 Social Platforms to Sell Iced Coffee to Music-Loving Millennials

Dunkin' Donuts wants to create cool musical buzz with millennials this summer to push its iced coffee products. So it's playing with enough social-media platforms to outfit a marketing septet: Spotify, Snapchat, Instagram, YouTube, Twitter, Vine, Facebook and Periscope. The initiative, called... Continue reading at AdWeek

[ AdWeek | 2015-07-21 00:00:00 UTC ]
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Bookstore Sales Rose $7 Million in May

Bookstore sales rose by just less than 1% in May compared to May 2014, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-15 00:00:00 UTC ]
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HarperCollins UK CEO says “Publishing Entering a Golden Age”

At HarperCollins UK's annual summer party for its authors, UK CEO Charlie Redmayne could not have sounded more positive about the firm's direction in 2015. The post HarperCollins UK CEO says “Publishing Entering a Golden Age” appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-14 00:00:00 UTC ]
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FCS Creditors to Decide Fate of Chain by August 7

Family Christian Stores creditors will vote on the fate of the beleaguered chain by August 7. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-13 00:00:00 UTC ]
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RH Germany must pay Goebbels royalties

Random House Germany will have to pay the family of Joseph Goebbels [pictured], Adolf Hitler’s propaganda minister, royalties for extracts from his diaries that are published in a new biography. The biography Goebbels, published in Germany in 2010 under the Siedler imprint and by Penguin Random... Continue reading at The Bookseller

[ The Bookseller | 2015-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #biography goebbels #adolf hitler #propaganda minister #siedler imprint #bodley head #peter longerich #cordula schacht


Public vote to find Audible sitcom

Audible.co.uk will tomorrow (7th July) launch This is Your Pilot Speaking!, a public vote to find its first original British sitcom. Listeners will be able to hear five comedy pilots commissioned by Audible Originals. They will then be asked to give the pilots a star rating, with the pilot... Continue reading at The Bookseller

[ The Bookseller | 2015-07-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #audible originals #public vote #highest rating


Amazon May Pay Self-Published Authors No More Than $0.006 Per Page Read

So much for writing short.Last month, Amazon took a page out of Spotify's playbook, electing to start paying its self-published authors by the page rather than per download. The new model was put into action Wednesday—and it looks like the e-commerce giant may now pay writers no more than $0.006... Continue reading at Fast Company

[ Fast Company | 2015-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #page read #start paying #self-published authors #e-commerce giant #pay writers


Business.com CEO on How Data Is Transforming Publishing

Tony Uphoff, CEO of Business.com, has more than 20 years of experience leading and transforming b-to-b publishing companies.Before joining Business.com in 2013, he was CEO of tech publisher UBM TechWeb, where he led the company's transformation from a $125 million print-centric business to a... Continue reading at Advertising Age

[ Advertising Age | 2015-07-02 00:00:00 UTC ]
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