Fairfax Media
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| Public company | |
| Traded as | ( – FXJ) |
| Industry | Media |
| Founded | 1841 (as John Fairfax and Sons) |
| Headquarters | One Darling Island Road, Pyrmont, Sydney |
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Area served
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Australia, New Zealand |
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Key people
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Greg Hywood (CEO) Nick Falloon (Chairman) |
| Products | Newspapers Radio Magazines Internet |
| Revenue |
 A$1.85 billion(13 August 2015) |
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A$143.4 million (13 August 2015) |
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Number of employees
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6,410 full-time employees1,211 part-time and casual employees (24 June 2012) |
| Website | www.fxj.com.au |
Fairfax Media Limited [ASX:FXJ] (formerly John Fairfax and Sons) is one of the largest media companies in Australia and New Zealand, with investment in newspaper, magazines, radio and internet. John Fairfax purchased The Sydney Morning Herald in 1841 and the family retained control of the business until late in the twentieth century.
Fairfax has a portfolio of leading online products, including the digital news brands, SMH.com.au, an Australian news site and AFR.com, a financial news site. The group also has leading online marketplaces including Domain.com.au for real estate and Drive.com.au for motors.
The Fairfax divisions cover:
In 2014, Fairfax entered into a joint venture partnership with Nine Entertainment Co, called StreamCo, the creators behind Australia’s newest subscription video on demand service, "Stan.com.au".
Fairfax has a 54.5% interest in Macquarie Radio Network [ASX:MRN], following the merger of Fairfax’s radio business with Macquarie’s in 2015, with the leading News, Talk and Sport stations in Sydney and Melbourne.
In 2015, Fairfax Media and The Huffington Post Media Group launched HuffPost.com.au, an Australian edition of The Huffington Post. HuffPost Australia is The Huffington Post’s 15th site in the brand’s expanding global presence.
In December 2015, automotive digital business 112 and Fairfax's "Drive.com.au" announced the formation of a 50:50 joint venture in the online motor sector. Fairfax will license the Drive brand and "Drive.com.au" URL to 112, which currently owns and operates "themotorreport.com.au", a unique independent online car-buyer resource.
The group's chairman is Nick Falloon and the chief executive officer is Greg Hywood.
John Fairfax purchased The Sydney Morning Herald in 1841. Several generations of the Fairfax family continued to control the company.
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 Australian Financial Review was founded in 1951. In that decade, Fairfax started two television stations, ATN and QTQ. Fairfax began expanding in the 1960s, acquiring, among others, The Age, The Newcastle Herald and the Illawarra Mercury. In 1979, Rupert Murdoch attempted to take over rival The Herald and Weekly Times. Due to the costs of defending the takeover, Fairfax sold its television properties, including the Seven Network. In 1988, Fairfax sold its magazines (including Woman's Day, People, Dolly, and Good Housekeeping) 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 also replaced the broadsheet Sunday Herald.
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