Fairfax Media writes down A$1bn as it reviews weekday printing | RSS News Feed

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Fairfax Media joins News Corp with real estate as bigger profit source than news

Community Media recorded $74.3m profits, down from $77.4m. New Zealand Media was $43.3m, down from $54.2m and Radio was up to $22.3m from $11m. Fairfax posted a net loss after tax of $893.5m, following a $1.026m write ... end of printing weekday ... read more

Fairfax Media triples profits, confirms considering Domain spin-off

Fairfax Media ... Review. He said Mr Janz would implement "even greater primacy of our digital publishing focus" designed to sustain a "commercially successful print proposition". He told analysts on Wednesday that shutting the papers' weekday print ... read more

Fairfax to write off value of publishing assets by $989m

Media group Fairfax says it will write off the ... model could see the weekday editions of The Age and SMH scrapped and The Australian Financial Review’s weekend paper culled. “(The new plan) could include a digital and print revenue model with print ... read more

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Media Backtalk

Kurtz talks about the press and the stories of the day in "Media Backtalk ... or the damages are knocked down to far smaller levels. Minot, N.D.: Mr Kurtz, I throughly enjoy reading your column every weekday. A question from this Midwesterner regarding ... read more

Markets Live: $A dives on rate cut bets

10:55am on 6 May 2016 Fairfax Media chief executive Greg Hywood has told ... revenue which is generated on the weekend". The Financial Review print edition would "likely focus on its weekday revenue strength", he added. In a statement to the ASX outlining ... read more

Hywood slams early print closure reports as 'fabricated nonsense'

In an email to staff this morning, Fairfax chief executive Greg Hywood has slammed a News Limited report that the publisher is accelerating the timetable for the closure of its weekday print editions as "fabricated nonsense". In The Australian’s media ... read more

Conroy warns of demise of newspapers

Communications Minister Stephen Conroy says the dramatic restructures at Fairfax Media and News Limited this ... prediction for traditional weekday editions. "I wouldn't be putting money betting that there'll be print newspapers during the week in five ... read more

John Drinnan: Computer mags face chop

Fairfax Media ... print content and focus on online. He said that instead Fairfax had cut costs by reducing editorial resources. However, closures have seemed inevitable with Fairfax facing pressure on its profit, implementing a sweeping review of all ... read more

'We were talking until midnight and it was just fantastic': Peter FitzSimons speaks about joyful first evening with wife Lisa Wilkinson after she quit the Today show... but ...

She's been waking up at 3am every weekday for the past decade until Tuesday ... because tomorrow I am interviewing someone or doing something'',' he explained. The Fairfax Media columnist said the couple had more plans for the week and might be going ... read more


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