BBC’s Mark Thompson named as New York Times CEO

f75f36028da9ade71f9ee3bd8829d42f

The New York Times Co. has tapped Mark Thompson as its next president and chief executive, capping an eight-month search for an executive to lead the company as more people get their news through digital products.

Thompson, 55, will report to the New York Times board of directors and to its chairman, Arthur Sulzberger Jr., starting in November, the company said on Tuesday.

Thompson will lead the company, publisher of its namesake newspaper and the Boston Globe, during unprecedented challenges facing newspapers as advertisers place their dollars elsewhere and readers favor smartphones and tablets over the printed page.

Thompson was most recently BBC director general and one of the most powerful television executives in Britain. He announced in March that was stepping down from that position at the end of the London Olympics after serving in the top job since 2004.

“Our board concluded that Mark’s experience and his accomplishments at the BBC made him the ideal candidate to lead the Times Company at this moment in time when we are highly focused on growing our business through digital and global expansion,” said Sulzberger in a statement.

Thomson guided the BBC through morale problems, assaults from Rupert Murdoch’s media empire and threats to the corporation’s funding by the British government.

“It’s a positive,” said Doug Arthur, an analyst with Evercore Partners. “He’s run a big time operation that certainly gets a lot of scrutiny.”

Indeed, the New York Times is one of the most prominent newspapers in the world and is often looked to as leader in the news business. Last year, it rolled out a pay model for its digital products that so far, has been hailed for its success in getting readers to pay for news.

The New York Times has also weathered scrutiny as its share price has plunged and advertising revenue continues to decline.

It has been shedding assets. It was once a sprawling media conglomerate with TV and radio stations, dozens of newspapers scattered throughout the United States and ownership stakes in sports teams from the Boston Red Sox baseball team and Liverpool soccer club.

Last week, the New York Times said it was in discussions to sell its Internet property About.com.

Thompson succeeds Janet Robinson who left the company in December.


News
Entertainment
Sports
Lifestyle
National

Florida man charged with murdering son to play…

A Florida man annoyed that his 16-month-old crying son was preventing him from playing video games suffocated the toddler, police said on Friday.

International

Powerful 7.2 magnitude earthquake rattles Mexico

A powerful earthquake struck Mexico Friday, shaking buildings and sending people running into the street, although there were no reports of major damage.

News

OMG! Exercise can make skin (and butt) look…

A moderate exercise regime can turn back time and actually reverse the skin's aging process, according to new research. The study showed that a minimum…

International

Jews in eastern Ukraine ordered to register, Kerry…

Secretary of State John Kerry condemned reports that Jews in eastern Ukraine had been ordered to register with the authorities "or suffer the consequences."

Entertainment

Whoopi Goldberg makes her debut as marijuana columnist

"It helps my head stop hurting, and with glaucoma your eyes ache, and she takes the ache out. It's wonderful," she said.

The Word

Kate Middleton made fun of Prince William's bald…

Kate Middleton and Prince William are in Sydney, Australia, right now, and it sounds like that brash Aussie sense of humor might be rubbing off.

The Word

Is Tom Cruise dating Laura Prepon?

"Mission: Impossible" star Cruise is said to be dating Laura Prepon, star of "Orange is the New Black."

Television

'Scandal' recap: Season 3, Episode 18, 'The Price…

Sally is Jesus, Olivia caused global warming, and Mellie's still drunk. Let's recap the Scandal finale. A church full of Washington insiders is about to…

NBA

Carmelo Anthony agonizing over Knicks future as season…

There’s still the cloud hanging over the franchise’s head as to the pending free-agent status of All-Star forward Carmelo Anthony.

NFL

Jets host players with eye toward NFL Draft

The Jets hosted a number of NFL Draft hopefuls for workouts on Thursday, with an eye toward some under-the-radar players.

NFL

Chris Johnson: I wanted to go to 'a…

Now that Chris Johnson is a Jet, the team has to figure out if one of the most explosive players in the NFL over the last half decade has anything…

NHL

Rangers' speed versus Flyers' size makes interesting playoff…

Among the myriad aspects that will make this Metropolitan Division semifinal series fascinating will be the battle between the Rangers' speed and the Flyers' size,…

Tech

VIDEO: 'Vein-scanning' may become the future of paying

Designed to make transactions quicker and easier, the technology works by scanning the unique vein patterns in each person's palm.

Tech

#FollowFriday: 10 of the smartest Twitter accounts

Spending lots of time on Twitter? You might as well learn something. Here are some of the smartest accounts to follow.

Style

Light-up nail art syncs with phone

This Japanese technology syncs light-up nail art with your phone.

Wellbeing

Why is dance cardio taking off in NYC?

Instructors at some of the city's hottest classes explain why.