New York (AP) The New York City-based newspaper publisher that had long relied on a former technology executive to help with its newsroom transition is now paying him $100,000 a year to oversee the transition, according to company documents.
The payments come after the New York Post Group announced last year that it was shutting down its digital arm after less than a decade.
New York’s move follows a similar decision by Tribune Media Group to end a $200 million deal with a former Microsoft executive.
“We’ve worked very closely with our former executive on this transition, who we’ve made very clear we want to have a very successful transition,” said Brian Weisbrod, the publisher’s chief executive officer.
“That’s why we’ve been able to find a partner that we believe has the experience, the resources, and the drive to make sure we get the transition done.”
New York, which has become a hub for digital media as it transitions from print to digital, had previously relied on former technology executives such as Andrew Chamberlain, who was chief operating officer at News Corp. and later Microsoft’s president and chief executive, to help manage its digital newsroom.
After the newsroom’s $30 million sale to the New England Media Group in 2015, Chamberlain left in June to join a digital startup called NewMedia Inc., which he was eventually joined by Andrew Siegel, the founder of the news outlet Vice Media.
After a year in the job, Chamberlain was hired to oversee a digital news operation, but he was quickly replaced by Mark Siegel.
The Times had already hired another former Microsoft chief operating Officer, Kevin McVoy, in the fall of 2017.
McVOY also had previously worked for Microsoft’s News Corp, but had been brought on to oversee its digital efforts in a new role as its chief technology officer.
The company also recently hired former Vice Media chief technology editor Mark Sullivan to help run its digital division, but the Times has not announced his replacement.
A source familiar with the Times’ decision to give Siegel a pay increase said the move is consistent with the newspaper’s long-standing commitment to having “great technology and the ability to deliver it to our customers in ways that are most relevant to our readers.”
Siegel said in a statement the news organization is “confident” it will continue to attract the best talent to lead digital operations.
“The Times is a leader in technology and in news,” Siegel added.
“While we are a digital company, we are also a digital-first company.
The digital revolution is transforming how we live, work, and think.
The newsroom and our technology are central to this transformation.”