Fairfax shares rose 4.2% this morning off the back of the story in The Financial Review reporting that Chairman Ron Walker will step down in August next year.
Media stocks
The Oz tries to ignore News Corp’s share drop
Today’s Australian Media section highlights the recent drop in the value of major media groups, but what about News Corp? asks Glenn Dyer.
Lean times looming for Australian media
Investment bank Goldman Sachs JBWere has downgraded most of Australia’s media companies after it’s economics teams cut its growth forecasts for the Australian economy for this year and next., writes Glenn Dyer.
