Zodiak Rights, the international distribution and rights exploitation arm of Zodiak Media, has hired Janet Robinson as VP Sales & Acquisitions, North America, where she will focus on selling Zodiak Media’s unscripted programs to the U.S. and Canada. She will be based in Zodiak’s LA office and report to Glen Hansen, SVP Sales, Acquisitions & Co-Productions, North America. Previously, Robinson was Sales Manager at ITV Global Entertainment, where she managed sales and programming revenues across North America and the company’s distribution partnership with Animal Planet/Discovery Enterprises.
Bloomberg smartly notes that former New York Times CEO Janet Robsinson’s $24M bundle in 2011 was “equal to about 2.4% of the company’s market value of $981.9 million, and exceeds the approximately $3 million the company earned in net …
Arthur Sulzberger Jr will become interim CEO until the newspaper company can find someone else to take on one of the most thankless jobs in media. While The New York Times Co has managed its transition to the digital world better than just about any other newspaper company, it’s still a newspaper company. And as that industry has faded, so have its profits and prospects. The New York Times’ market value is down 23% so far in 2011 — and down 69% since the end of 2006. Still, Robinson leaves with a sweet deal. She’ll be paid $4.5M over the next year to serve as a consultant on what the company calls “an as-needed basis.” But she can’t compete with the Times, hire away its employees, or bad-mouth the company for three years. Here’s the company’s release:
NEW YORK–Dec. 15, 2011– The New York Times Company (NYSE: NYT) announced today that Janet L. Robinson, 61, president and chief executive officer since 2004, will retire on December 31, 2011. Arthur Sulzberger Jr., currently chairman of the Company and publisher of The New York Times, will serve as chief executive officer on an interim basis. Ms. Robinson also will step down as a director of the Company on December 31, 2011. She has agreed to serve as a consultant to the Company for one year.