Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Fairfax_Media> ?p ?o }
- Fairfax_Media abstract "Fairfax Media Limited is one of largest media companies in Australia and New Zealand, with investment in newspaper, magazines, radio and internet, owner of The Sydney Morning Herald, The Age and The Australian Financial Review in Australia and Stuff.co.nz in New Zealand. The group's operations include news and business media, Domain Group, digital ventures, lifestyle media and events. It also has significant investments in the Australian division of Huffington Post, Macquarie Radio Network and the video streaming service Stan. Fairfax Media was founded by the Fairfax family as John Fairfax and Sons, later to become John Fairfax Holdings. The Fairfax family lost control of the company in December 1990. It was renamed from John Fairfax Holdings to Fairfax Media in 2007.The group's chairman is Nick Falloon and the chief executive officer is Greg Hywood. As of May 2008 Fairfax Media had a market capitalisation of over A$5 billion. The number of printed edition readers has fallen since at least 2006 and the group's stock price has declined by more than 60 percent since 2007, to less than A$2 billion by September 2011, and by 85 percent at June 2012.Gina Rinehart, the wealthiest person in Australia, became the group's largest shareholder in mid-2012, with a 14 per cent stake in the company, a purchase described as a "vanity investment" designed to increase her influence. It was reported that Rinehart had appointed Bell Potter Brokerage to increase her total share to 19.99 percent, the maximum allowed before a takeover offer must be made. However, due to provisions in the Fairfax Media insurance policy denying cover for directors holding an ownership interest of greater than 15%, Ms Rinehart was forced to sell down to 14.99%. In 2015, Rinehart sold her stake, after the Fairfax Chairman and Board refused her a place on the Board because she would not agree to the company's charter of independence.On 18 June 2012, as part of evolving to a sustainable model for it's 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. It also announced it was shifting to "compact" or tabloid-sized editions of the broadsheet newspapers from March 2013, and that its two printing facilities at Chullora and Tullamarine would close. The changes, prompted by shrinking advertising revenue, were expected to generate A$235 million in annual savings over three years.".
- Fairfax_Media foundingYear "1841".
- Fairfax_Media keyPerson Greg_Hywood.
- Fairfax_Media keyPerson Nick_Falloon.
- Fairfax_Media location Pyrmont,_New_South_Wales.
- Fairfax_Media netIncome "1.434E8".
- Fairfax_Media numberOfEmployees "1211".
- Fairfax_Media numberOfEmployees "24".
- Fairfax_Media numberOfEmployees "6410".
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- Fairfax_Media type Australian_Securities_Exchange.
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- Fairfax_Media wikiPageExternalLink media.fairfax.com.au.
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- Fairfax_Media wikiPageExternalLink www.brisbanetimes.com.au.
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- Fairfax_Media wikiPageWikiLink Category:Australian_websites.
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- Fairfax_Media wikiPageWikiLink New_Zealand_Press_Association.