Fairfax Media posts $27.4m profit despite lower print advertising revenue

Property website Domain increases digital revenue by 37% and continues to prop up Fairfax’s overall profit as editorial restructure is announcedFairfax Media, publishers of the Age and the Sydney Morning Herald, have returned a net profit of $27.4m for the first half of the financial year despite declining newspaper circulation and revenue from print advertising.Although print advertising revenue was down by 14%, the property website Domain saw total digital revenue growth of 37% and continued to prop up the company’s overall profits. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2016-02-19 00:00:00 UTC ]
News tagged with: #net profit #editorial restructure #financial year #print advertising

Other Publishing stories related to: 'Fairfax Media posts $27.4m profit despite lower print advertising revenue'

Fairfax Media posts $27.4m profit despite lower print advertising revenue

Property website Domain increases digital revenue by 37% and continues to prop up Fairfax’s overall profit as editorial restructure is announcedFairfax Media, publishers of the Age and the Sydney Morning Herald, have returned a net profit of $27.4m for the first half of the financial year... Continue reading at The Guardian

[ The Guardian | 2016-02-19 00:00:00 UTC ]
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Fairfax Media announces half-year profit and plan to keep printing newspapers

Greg Hywood says company will keep printing Sydney Morning Herald and the Age ‘for some years yet’ and may spin off Domain real estate business Fairfax Media will continue to print its daily newspapers for several years, its chief executive, Greg Hywood, confirmed at the company’s results... Continue reading at The Guardian

[ The Guardian | 2017-02-22 00:00:00 UTC ]
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Fairfax Media reports a 62.9% drop in full-year profit after 5.3% fall in revenue

Despite a 45% increase in revenue from its Domain real estate advertising, publisher of the Sydney Morning Herald was unable to offset print decline• News Corp sees strong growth in digital real estate services and book publishingFairfax Media has reported a 62.9% drop in full-year profit to... Continue reading at The Guardian

[ The Guardian | 2015-08-13 00:00:00 UTC ]
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Egmont UK saw 2019 revenue dip but posted profit ahead of HarperCollins sale

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[ The Bookseller | 2021-01-08 08:40:13 UTC ]
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Meredith’s Vision for the Future Includes Growth in Print Advertising, Newsstand Revenue

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The 2019 Publishing Hot List: The Print and Digital Media Brands Paving a Way to Profitability

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Quad Posts Q2 Net loss on Lower Revenue

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[ Publishers Weekly | 2019-07-31 04:00:00 UTC ]
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Scholastic Lowers Revenue, Profit Forecast for Fiscal 2019

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[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
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Cambodia's pioneering post-Khmer Rouge era Phnom Penh Post newspaper will stop print publication

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[ ABC News | 2024-03-01 11:58:31 UTC ]
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Bloomberg Media Fills Chief Revenue Officer Role, Accelerating Ad Revenue Growth

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[ AdWeek | 2023-03-17 11:28:40 UTC ]
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High court casts doubt on media companies’ claim of not being responsible for defamatory comments on social media posts

News Corp and Fairfax Media challenge ruling they are liable for defamatory comments on their Facebook postsThe high court has cast doubt on media companies’ claims that they are not responsible for defamatory comments on their social media posts. Fairfax Media and News Corp have taken the... Continue reading at The Guardian

[ The Guardian | 2021-05-18 07:19:27 UTC ]
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Print Media Is Underserved by Not Including Black-Owned Media in Ad Buys

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[ AdWeek | 2019-06-19 16:15:54 UTC ]
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Fairfax Media bidder TPG says it would resell media company within five years

TPG Capital tells Senate inquiry it would expand the business but concedes it has no experience running newspapersOne of the bidders for Fairfax Media, TPG Capital, has told a Senate inquiry that if the $2.7bn bid were successful the consortium would grow the media business and sell it off again... Continue reading at The Guardian

[ The Guardian | 2017-05-19 00:00:00 UTC ]
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Why AI, revenue diversification and ad spend are the defining 2024 trends for media companies

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[ Publishers Weekly | 2023-11-30 00:00:00 UTC ]
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