Fairfax has appointed Trudi Jenkins as publishing director, Travel and Food, responsible for the Traveller, Good Food and The Good Food Guide brands. Jenkins was editor-in-chief of delicious magazine for 11 years.
Domain Group has signed a four-year naming rights sponsorship deal. Domain will become a platinum partner of CA, the presenting partner of men’s Test cricket over the next four years (the Domain Test Series), including the next home Ashes series in Australia, as well as the sporting body’s official real estate partner.
Given Domain is 60% owned by Fairfax, that will put it in competition with Foxtel, which has broadcast rights to all formats of cricket in Australia for the next six seasons.
While Seven News won at this week’s Southern California Journalism Awards, Fairfax entertainment editor Michael Idato was also honoured. The LA-based journalist won third prize in Daily/Weekly Newspapers - News Feature, Environment, Science and Technology for his commentary on CBS’ ownership of Network Ten in Australia, and another third prize in Daily/Weekly Newspapers - Personality Profile for his interview with controversial comedian Kathy Griffin.
Google Australia managing director Jason Pellegrino has been appointed the new CEO of Domain Group after a worldwide search. He will take up the new role on August 27.
Fairfax Media and News Corp Australia have announced an agreement to share printing networks. Under the agreement starting this month, News Corp will provide seven-day printing services to Fairfax in NSW and Queensland while Fairfax will print some publications for News Corp out of its North Richmond plant. Once these changes have been completed, Fairfax’s printing plants in Beresfield (north west of Newcastle) and Ormiston (south east of Brisbane) will close.
No discussion of Fairfax here today? Nothing important going on?
Glad you enjoyed.
Fairfax this morning reported a statutory net loss of $63.8 million, compared with a profit of $83.9 million in the prior year, due to one-off items such as the write-down of printing equipment and radio licences. Group EBITDA before significant items was up 1.2 per cent to $274.2 million but revenue dropped 3.1 per cent to $1.688 billion.
Unsurprising for Fairfax, they have been in terminal decline since the over-ambitious Fairfax family member almost oversaw their demise in the greed is good era.
[quote=“JohnsonTV, post:371, topic:525”]
write-down of printing equipment and radio licences.[/quote]
Which ones? BC/BH, UE, EE?
Good riddance to Fairfax, they’ve carried on in an indignant fashion for close on 30 yrs, elitism without justification when the company has been so poorly handled by successive board incompetents.
Fairfax’s printing facility at Beresfield, a suburb in Newcastle’s north west, will close on September 14, with printing of The Newcastle Herald to move to Sydney.
Presumably to the Fairfax printing site at North Richmond? The Illawarra Mercury has been printed at Richmond for many years.
Edit: From back in July.
The Bendigo Advertiser will introduce digital subscriptions from tomorrow (September 18), becoming the fourth Fairfax website to do so after The Age, The Sydney Morning Herald and The Australian Financial Review. Subscriptions will cost $3.75 per week.
EDIT: The Warrnambool Standard is also introducing digital subscriptions for the same price on the same day.
Both Tasmanian dailies will also start tomorrow too with The Examiner and The Advocate doing the same and the same price.
Good. People need to start paying for journalism, lest they become the product being sold to advertisers.
I want Brisbane Times to be paywalled.
Then they better start producing content people will pay for then - paywalling doesn’t stop readers being sold to advertisers either, the current dross proves this