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

Is #JusticeForAvaLynn a case of bullying?

On Saturday, the hashtag #JusticeForAvaLynn became one of the trending topics on Twitter. Users circulated the above photo of 5-year-old AvaLynn, posted by her mother…

International

Terrorism could spread to US and Europe in…

Saudi Arabia's King Abdullah said terrorism would soon spread to Europe and the United States unless it is quickly dealt with in the Middle East,…

National

Ex-Bitcoin official to plead guilty to Silk Road…

Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. charges that he engaged in a scheme to sell over $1 million of…

International

China's army changes tactics to prepare for war…

Chinese President Xi Jinping has said China will spur military innovation and called on the army to create a new strategy for "information warfare" as…

Gossip

Joan Rivers on life support: Report

TMZ reports that comedian Joan Rivers has been placed on life support, "completely reliant on machines to stay alive." Rivers has been hospitalized since she…

Movies

What's new on Netflix in September

September has a supernatural theme for Netflix. UFO "documentaries" and the survivalist reality series "Doomsday Preppers" are among the new series coming to the online…

Going Out

'Friends' coffeehouse Central Perk coming to NYC —…

"Friends" is coming back for a one-off special: "The One with the Free Coffee." Warner Bros. is bringing a pop-up replica of Central Perk, the…

Movies

Interview: 'As Above, So Below' directors: 5 ways…

The fraternal directors of the found footage horror "As Above, So Below" dish on the best ways to frighten the bejesus out of audiences.

NFL

3 things we learned in the Giants preseason…

The final score didn’t matter — a 16-13 win by the Giants — but it would’ve been nice to finally see Big Blue’s new-look offense get on track.

NFL

NFL Power Rankings: Seahawks, Broncos, Patriots, 49ers start…

NFL Power Rankings: Seahawks, Broncos, Patriots start at top

U.S. Soccer

5 facts about new England captain Wayne Rooney

Manchester United striker Wayne Rooney was named as the new England captain by coach Roy Hodgson on Thursday.

NFL

Jets vs. Eagles: 3 things to watch

A win on Thursday night at the Eagles would give the Jets a 3-1 record and just their second winning preseason under head coach Rex Ryan.

Wellbeing

This Week in Health: Lesbians, men most likely…

Lesbians, men most likely to achieve orgasm Location: U.S. Study subjects: 2,850 people Results: Whether you find it shocking or not, a new study reports that…

Wellbeing

VIDEO: Still not wearing sunscreen? You will after…

Sunscreen is possibly the most often repeated - and ignored - piece of skincare advice. But Thomas Leveritt took a different tactic. With a short…

Food

Twitter used to track down sources of food…

When Chicago health officials saw Twitter users complaining about local food poisoning episodes, they reached out on Twitter to those users and often ended up…

Style

Trend: White hot on the 2014 Emmy's red…

White was one of the big trends on the Emmy's red carpet.