Fairfax


#1

The Australian, in its usual “Media” section (read ABC and Fairfax bashing pages) once again today has an article saying that Fairfax is being urged to shut its print edition.

Article is $

Fairfax print closure speculation - again


#2

Fairfax Media on Monday announced several changes to senior editorial leadership positions across The Sydney Morning Herald and The Age.


#3

The Australian today reports that Fairfax Media is proposing to merge its metropolitan mastheads with free-to-air broadcaster Nine Entertainment Co. while selling off as much as 40% of its real estate listing arm the Domain Group.

The Age, The Sydney Morning Herald and The Australian Financial Review would be brought together with Nine’s broadcasting and website media operations in an effort to lift earnings and drive down costs for both parties through synergies and savings.


#4

Fairfax Media has announced a major structural change in its editorial division that is expected to deliver about $30 million in annual savings.

Fairfax changes


#5

The Commerce Commission won’t allow media companies NZME and Fairfax to merge, reports The New Zealand Herald.

The deal was rejected in a final ruling by the regulator this morning after being knocked back in a draft decision last year.

A disappointed NZME CEO Michael Boggs said the merger had been an exciting prospect for both businesses and their audiences.

“We will be carefully reviewing the NZCC’s full written decision and over the next few weeks we will be considering our options.”

He said NZME’s strategic focus continued in six key areas: growing audience reach, retaining print revenue, returning radio revenue to growth, growing new revenue streams, ensuring effective cost management and developing people and talent.

Fairfax Media chief executive Greg Hywood said:

“We are disappointed by this decision and will now take the time to carefully review the NZCC’s reasons for the decision. This decision does nothing to address the challenge of the global search and social giants, which produce no local journalism, employ very few New Zealanders, and pay minimal, if any, local taxes. We believe that the NZCC has failed New Zealand in blocking two local media companies from gaining the scale and resources necessary to aggressively compete now and into the future,” he said.


#6

http://www.news.com.au/finance/business/breaking-news/fairfax-media-slashing-metro-journo-jobs/news-story/49520e4bd51791a5599fb69903d1d765


#7

MEAA is appalled at the decision of Fairfax Media management to cut 125 full-time equivalent positions, or 25 per cent of its journalists, from its metropolitan newspapers.

The decision indicates that, yet again, Fairfax is opting for savage cuts that will only weaken its business further rather than investing in its products and working to achieve smarter outcomes.

MEAA CEO Paul Murphy says: “None of the other parts of the Fairfax business are worth anything without the journalism and yet it is the journalism that Fairfax always cuts.

"This will only undermine and damage its mastheads further, alienating its audience and leaving the editorial staff that remain having to work harder and harder to fill the gaps. This is a dumb decision,” Murphy said.


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Our wonderful friend, mentor, colleague, and Press Gallery president @mearesy is putting down his camera in Canberra next week after 26 years with Fairfax Media.
He has been your eyes in Parliament House and our democracy has been all the better for it. We'll miss him.#auspol

— Bevan Shields (@BevanShields) November 8, 2017

#17

#18

In very niche media news, Greg Hywood just told staff that Fairfax Media is going to leave its Pyrmont headquarters

— Bevan Shields (@BevanShields) January 31, 2018

#19

#20

Nine Entertainment and Fairfax Media have announced plans to merge.