After six years on the Fairfax Media board, the last four as chairman, Ron Walker looks like he’s doing a John Howard in attempting to stay one term too many.
David kirk
McCarthy sharpens the knife at Fairfax
As Fairfax prepares to slash its dividend, staff are bracing for a brutal era of cost-cutting led by Brian McCarthy, writes Glenn Dyer.
Price spikes, but Fairfax sackings won’t change a thing
The market knows that shuffling the deckchairs on the SS Fairfax can’t halt its inexorable decline, writes Glenn Dyer.
Beecher: Forget Kirk, when will they sack the Fairfax board?
Yesterday they sacked the editor. Today they sacked the CEO. But the problems at Fairfax will get worse, not better, unless and until someone sacks the company’s board of directors, writes Eric Beecher.
Fairfax bearish on 2009, share price slumps to $1.59
A gloomy outlook on advertising and a languishing share price are just two of the stories from this morning’s Fairfax AGM, writes Glenn Dyer.
Media briefs: Fairfax, the multi-tasking CEO, controlling the web
Last week’s ratings With the final night of the 2008 games last Sunday, Seven was always going to win, but its big wins Monday and Tuesday night, and a solid Friday night, made sure. Seven won the week with 32.1% to 24.5% for Nine, 21.7% for Ten, 16.7% for the ABC and 5.0% for SBS. […]
Jaspan dumped as Age editor
Age editor Andrew Jaspan has been given his marching orders, writes Jonathan Green.
Fairfax to slash 5% of full time workforce
Fairfax announced this morning that the company is embarking on a “major restructure” — specifically, they’re set to slash 5%, or 550 heads, from their full time staff, reports Sophie Black.
Crikey Says: Crikey Says
Readers and employees of Fairfax must be grateful for the wise and diligent stewardship of the Fairfax executive and board.
Cashed-up Fairfax execs ask: why are journalists so greedy?
Fairfax executive Lloyd Whish-Wilson has told journalistic staff that he is disappointed their union has made a pay demand “so patently at odds with the capacity of the mastheads to pay.” So shall we expect executive bonuses to go down too? asks Margaret Simons.
Merrill Lynch: Fairfax media stock a BUY
Fairfax is now so cheap it’s a screaming buy. At least, according to Merrill Lynch. Glenn Dyer reports.
The Fairfax family may not be enough to oust Ron Walker
It won’t be easy blasting chairman Ron Walker out of the Fairfax board, writes Stephen Mayne.
Clock ticking on Ron Walker’s Fairfax reign?
Will Fairfax’s biggest shareholder, John B Fairfax, continue to stand on the sidelines as he watches the value of his investment collapse? asks Crikey publisher Eric Beecher.
Kirk: Fairfax Media has never been in stronger shape
Fairfax CEO David Kirk fires back at criticism from Crikey publisher, Eric Beecher.
Fairfax moves in mysterious ways, its chairman to install
Fairfax’s Sydney operations have been on the move, but what really got people talking was Ron Walker’s visit to the executive floor a couple of weeks back, according to a Fairfax insider.
