Is Mark Thompson What the NYT Needs Now?Mathew Ingram
An eagerly anticipated CEO announcement arrived on Tuesday with the news that Mark Thompson, the former BBC director general, has been given the top spot at the New York Times Co.—which has been without a chief executive since former CEO Janet Robinson left late last year. As the newspaper grapples with the rapid decline in print advertising that’s bleeding the entire industry dry, and stakes its financial future on its new digital-subscription model, the company needs both a visionary and an intellectual acrobat who can grow new businesses and adapt to shifting market needs while the old model continues to shrink.
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