Times Newspapers Limited pays out £14m to departing directors, including chief executive Tom MockridgeThe publisher of the Times and the Sunday Times has reported a pre-tax loss of £24m, as payouts to departing directors hit £14m, according to financial filings for the year to 30 June 2013.Times Newspapers Limited, the News UK subsidiary, reported that the loss was a slight year-on-year reduction from the £28.7m in 2012. In 2011, the company reported a loss of just under £12m.The total remuneration of TNL directors, including Times editor John Witherow, was £13.18m – close to double the £7.5m in 2012.The company said it paid out £14m to former directors for compensation for loss of office – departures included chief executive Tom Mockridge, who has since joined Virgin Media, and Times editor James Harding, who has joined the BBC as director of news – up from £10.8m in 2012."Compensation for loss of office has increased due to such payments being made to a greater number of directors in the current year," the company said in its financial filing.The newspapers' reported revenues were down 3.5% year on year, from £360.6m to £347.9m – two years ago revenues were £401.7m.During the year, TNL cut almost 8% of its editorial headcount, from 513 to 473 employees, with payroll costs dropping slightly from £46.5m to £45.8m.The company said it incurred £15.8m in redundancy costs during the year to 30 June. TNL said its net liabilities were £501m, with "intermediary UK parent... Continue reading at 'The Guardian'
[ The Guardian | 2013-12-18 00:00:00 UTC ]
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The Los Angeles Times won the Pulitzer Prize for investigative reporting Monday for its series of stories that exposed a USC gynecologist accused of sexually abusing hundreds of students during three decades at a campus clinic. Three investigative reporters with The Times — Harriet Ryan, Matt... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-04-16 00:00:00 UTC ]
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Simon & Schuster UK, US-based Scribner and the Washington Post will publish 'The Mueller Report' instantly as an ebook and paperback edition. Continue reading at The Bookseller
[ The Bookseller | 2019-03-01 00:00:00 UTC ]
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In presidential tweet news, this happened Wednesday: Trump didn't get specific about the "false" reporting, but it seems likely that he saw the print edition of this morning's New York Times with... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2019-02-21 00:00:00 UTC ]
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David D. Kirkpatrick was Cairo bureau chief for The New York Times between 2011 and 2015, and is the author of a recent book on the country. Continue reading at The New York Times
[ The New York Times | 2019-02-19 00:00:00 UTC ]
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When five members of the Melbourne University Publishing board resigned, high-profile Australians made their feelings knownIt’s not every day that the internal machinations of a university press should be felt at the top echelons of politics. But as news broke on Wednesday that five members of... Continue reading at The Guardian
[ The Guardian | 2019-02-02 00:00:00 UTC ]
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Subscribe to us on iTunes, check us out on Spotify and hear us on Stitcher, Google Play and iHeartRadio too. This is our RSS feed. Tell a friend!It is, to hear Bloomberg Media's Keith Grossman tell it, both the best of times and the worst of times to be a publisher, depending on who you ask. On... Continue reading at Advertising Age
[ Advertising Age | 2019-01-17 00:00:00 UTC ]
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The Publishers Association's second annual diversity survey found that racial and ethnic criteria were where progress is slowest in the UK industry. The post UK Publishers’ 2018 Diversity Report: ‘More Needs To Be Done’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-01-14 00:00:00 UTC ]
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The 37th Sharjah International Book Fair brought nearly 380 publishers and agents to UNESCO's Cultural Capital of the Arab World for a rights-oriented pre-fair publishing conference as issues plaguing freedom to publish worldwide hung over panel discussions. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-31 00:00:00 UTC ]
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Once again, digital audio sales show robust gains, with ebook sales largely holding steady in August. Adult sales in the US market show a rise of $22.7 million, with children's and YA also moving upward. The post AAP Reports August Revenue Up for Trade Publishers in the US appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-10-17 00:00:00 UTC ]
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At the annual pre-fair news conference, Frankfurter Buchmesse officials stress the importance of the freedom to publish and the international book industry's role in a politically charged era. The post Frankfurter Buchmesse’s 2018 Pre-Fair News Conference: ‘Held in Political Times’ appeared... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-09-12 00:00:00 UTC ]
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BBC Radio 5 Live presenter Rachael Bland, who has incurable cancer, is in a "race against time" to publish a memoir for her two-year-old son, Freddie. Continue reading at The Bookseller
[ The Bookseller | 2018-08-14 00:00:00 UTC ]
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Chief executive Robert Thomson highlights growth at UK mastheads Times and Sunday Times, and Australian digital subscriptions rise 12%Rupert Murdoch’s News Corp has shrugged off its latest annual loss with an upbeat assessment of its digital news and real estate assets.The worldwide publishing... Continue reading at The Guardian
[ The Guardian | 2018-08-10 00:00:00 UTC ]
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The U.K. publishing industry had a record-breaking year in 2017, with income up 5% to £5.7 billion, according to figures released by the Publishers Association in its annual Yearbook. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
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Taking head-on the critics who say that fine television and film production is eroding publishing's storytelling imprimatur, the Publishers Association's report asserts that the best–and best-earning–productions 'begin with a book.' The post New Report: Publishers Association Says the Best of... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-07-10 00:00:00 UTC ]
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A six-year trend of double-digit growth year-over-year continues, according to the new report for 2017 from the US Audio Publishers Association. Audiobook sales last year totaled more than $2.5 billion. The post Audio Publishers Association Reports a 22.7-Percent Jump in 2017 Revenue appeared... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-21 00:00:00 UTC ]
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New insights into the US market, previously not visible to researchers, are coming to light now as NPD Book's new Licensing Report product comes up to speed, tracking more than 4,000 licenses and more than 10,000 ISBNs weekly. The post Interview: NPD Book’s Kristen McLean on a New Licensing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-19 00:00:00 UTC ]
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The Association of American Pubslishers StatShot program cites 29.7-percent growth over 2016 in downloaded audiobook revenue, despite overall flat performance in publisher revenue in 2017. The post US Publishers’ StatShot 2017 Report: Fifth Year of Double-Digit Audiobooks Growth appeared first... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-05-09 00:00:00 UTC ]
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Three Big Five CEOs are scheduled for a session from BookExpo and the Association of American Publishers. And the UK's award for writers aged 18 to 35 opens for submission. The post Industry Notes: US Publishers Association Announces Book Expo Panels; UK’s Sunday Times Prize Opens for Entries... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-04-20 00:00:00 UTC ]
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A report slamming representation in the arts has highlighted a "class pay gap" in publishing of up to £23,000 a year and found that people of working class origins make up just 12.6% of the sector. Continue reading at The Bookseller
[ The Bookseller | 2018-04-18 00:00:00 UTC ]
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