28 Facts About Fairfax Media

1.

Fairfax Media was a media company in Australia and New Zealand, with investments in newspaper, magazines, radio and digital properties.

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2.

The Fairfax Media family retained control of the business until late in the 20th century.

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3.

Fairfax Media was delisted from the Australian Securities Exchange in December 2018.

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4.

Fairfax Media was founded by the Fairfax family as John Fairfax and Sons, later to become John Fairfax Holdings.

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5.

The Fairfax Media family lost control of the company in December 1990.

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6.

Fairfax Media began expanding in the 1960s, acquiring, among others, The Age, The Newcastle Herald and the Illawarra Mercury.

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7.

In 1988, Fairfax Media sold its magazines to Australian Consolidated Press, and discontinued its Sydney afternoon tabloid The Sun, transferring some of its content and the sponsorship of the City to Surf to its new Sunday tabloid The Sun-Herald which replaced the broadsheet Sunday Herald.

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8.

In 2003, Fairfax Media acquired many of New Zealand's highest-profile newspapers when it bought the publishing assets of that country's Independent Newspapers Limited, whose cornerstone shareholder was News Corp Australia.

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9.

In September 2007, Fairfax Media acquired online funds management business, InvestSMART, from founders Ron Hodge and Nigel Poole for A$12M.

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10.

On 7 March 2007, Fairfax Media announced a new website for Brisbane, called the Brisbane Times.

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11.

Also in 2007 Fairfax Media bought the radio assets of Southern Cross Broadcasting.

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12.

On 11 July 2007, Fairfax Media acquired the former radio assets of Southern Cross Broadcasting : 2UE Sydney, 3AW and Magic 1278 Melbourne, 4BC and 4BH Brisbane, and 6PR and 96fm Perth.

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13.

Fairfax Media acquired Satellite Music Australia as part of the SCB deal, who provide music channels to retailers, as well as Foxtel and Austar .

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14.

John B Fairfax had earlier stood down from the Fairfax board, and his son, Nick Fairfax, was reported to be discussing his future with the rest of the company board.

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15.

On 18 June 2012, as part of evolving to a sustainable model for its news media business, Fairfax Media announced it would cut 1,900 staff and begin to erect digital paywalls around its two main metropolitan news brands, The Sydney Morning Herald and The Age.

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16.

In 2014, Fairfax Media founded online streaming company Stan with Nine Entertainment Co.

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17.

In 2015, Fairfax Media created a partnership with The Huffington Post to launch HuffPost Australia.

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18.

Fairfax Media opened books to both parties, opening the door for The Sydney Morning Herald and The Age to pass into foreign ownership.

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19.

Fairfax Media was delisted from the Australian Securities Exchange in December 2018.

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20.

Fairfax Media published metropolitan, agricultural, regional and community newspapers, financial and consumer magazines.

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21.

Fairfax Media owned papers in major regional centres, including the Illawarra Mercury, The Newcastle Herald, The Border Mail, The Daily Advertiser, The Warrnambool Standard, The Courier and Bendigo Advertiser .

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22.

Fairfax Media published a number of magazines, such as The Magazine, The Age Magazine and Good Weekend, which were distributed with their newspapers.

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23.

Fairfax Media owned a profitable Australian online subsidiary, Fairfax Media Digital, which was once known as the F2 Network.

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24.

Fairfax Media publishes web editions of most of its newspaper titles, as well as digital only news sites in South East Queensland as the Brisbane Times; and in Western Australia as WAtoday.

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25.

From 2014, Fairfax Media now have non-exclusive licensing deal with Channel Seven by using clips from Seven News with Mark Ferguson.

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26.

On 21 December 2012, Fairfax Media announced the acquisition of Netus Pty Ltd, a technology investment company.

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27.

In December 2014, Fairfax entered a partnership with local social media platform Neighbourly.

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28.

In 2016, Fairfax Media sold a number of its key special interest titles, including Boating New Zealand and New Zealand Fishing News magazines.

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