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Thompson takes helm at NYTimes, faces stiff challenges

Mark Thompson reported to work as the New York Times Co chief executive on Monday, confronting challenges ranging from making the publisher less dependent on advertising to trimming costs and figuring out what to do with its pile of cash.Thompson is also dealing with questions pertaining to a series of scandals at the BBC, where he served as director-general from 2004 until September this year.George Entwistle, who succeeded Thompson at the British broadcaster, resigned on Saturday and two of its top news directors stepped aside on Monday.The BBC has come under fire for its handling of two investigations at its flagship news show, "Newsnight". One is a massive sexual abuse scandal involving the late Jimmy Savile, a former presenter at the network. The other is a news story of an allegation that a former top politician sexually abused children, which was later proven to be false.The latter report occurred after Thompson left the BBC. However, an unaired program about Savile was produced...

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