Roger Corbett heading for the Fairfax exit? … courts stacked with Labor favourites? … Penny “Pansy” Wong mystery put to rest …
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ROGER CORBETT
Follow Crikey’s latest coverage of Roger Corbett. Crikey’s Roger Corbett coverage includes independent news, blogs and commentary.
The Power Index: biz directors, Roger Corbett at #9
From former Woolworths boss to chairman of a failing media brand, Roger Corbett’s stocks have fallen dramatically in recent years. But he remains among the most powerful business directors in the country through a wide-ranging collection of ASX gigs.
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Fairfax AGM: plans for life after print worry shareholders
Fairfax chiefs were defending their performance at the company’s AGM in Melbourne, laying out a print-free future that’s far from certain.
READ MOREIta Buttrose to Fairfax: put Gina Rinehart on the board
If Gina Rinehart ever gets her way and wins a spot on the Fairfax board, there’s one person she should ring for advice: Ita Buttrose.
READ MORERinehart finally gets her man on Fairfax board
Billionaire mining heiress Gina Rinehart has scored a coup in her slow-burn bid for control of Fairfax Media, after her closest adviser and confidante accepted an invitation to join the ailing media giant’s board.
READ MORECould Gina Rinehart do the unthinkable?
Gina Rinehart isn’t known for olive branches, but that appears to be what she’s extended to the Fairfax board.
READ MORERinehart telling porkies on Corbett interference? Ex-editors say so
Former editors of The Age have rubbished Gina Rinehart’s provocative claim that Fairfax chairman Roger Corbett and his predecessor Ron Walker overrode the paper’s charter of editorial independence.
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Rinehart issues ultimatum to Corbett: boost share price or resign
Mining billionaire Gina Rinehart has issued an ultimatum calling for Roger Corbett to be removed as Fairfax chairman unless he lifts the company’s ailing share price by almost 60% by November.
READ MOREMayne: are Bolt and McCrann writing Rinehart’s Fairfax lines?
McCrann and Bolt have become self-appointed chief leaders in Gina Rinehart’s attempt to seize board and editorial control of Fairfax Media.
READ MOREHow six bad Fairfax calls cost shareholders almost $4b
Fairfax executives and board members have sat back and watched more than 80% of the value of the company evaporate.
READ MOREMayne: would Gina oppress minority Fairfax shareholders?
Having seen how Gina Rinehart treats her kids, does any self-interested Fairfax Media investor seriously fancy being a minority shareholder in a complex beast controlled by Australia’s most litigious Rich Lister.
READ MOREBeecher: Corbett, the functionary, sees Fairfax die on his watch
Eight years ago, then-Fairfax chairman Dean Wills invited me to his home to ask me to think about the future of his company’s broadsheet newspapers. They didn’t listen then, and they’re not listening now.
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Kohler: Gina the iron in Fairfax’s future
Below the surface of Gina Rinehart’s case to join the Fairfax board lies a fundamental misunderstanding of how media businesses are evolving — highlighting the need for Roger Corbett to bring in some digital natives.
READ MOREWith $5b of intangibles, will new Fairfax director wield the axe?
With its share price sliding to record lows, Fairfax Media is now in the invidious position of having the most wildly optimistic balance sheet of any ASX200 company.
READ MORERinehart’s pitch for Fairfax board: why it’s going wrong
The effort by Australia’s richest businesswoman, Gina Rinehart, to break into the boardroom of Fairfax Media, is a textbook study in how not to conduct a negotiation.
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Mayne: why Fairfax should tell Gina to wait 56 years
As the Fairfax Media board ponders how to respond to Gina Rinehart’s request for a board seat, maybe it should consider suggesting she wait another 56 years.
READ MOREJB Fairfax, flick go the shares, while masthead editors in power struggle
The internal machinations at Fairfax and News Limited surely tell us that we live in an age where the newspaper business is increasingly devoid of sentiment.
READ MORESimons: Fairfax and its 48 hours of WTF moments
This was meant to be Fairfax’s big, though awful moment. The time when it showed the market that it knew what it was doing and there was a vision. But the vision thing is being dimmed.
READ MOREFairfax ed count: where the chiefs outnumber the Indians
By their works ye shall know them. Or in the case of new Fairfax CEO Greg Hywood, we might say that we know him by the appointments he has made, and those whom he has dispatched.
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Bartholomeusz: Woolworths’ executive exodus
Where once Woolworths dictated terms to Coles, it now finds itself in the unaccustomed position of being forced to react to Coles’ initiatives.
READ MORESovereign wealth fund … at least give it some thought please
The story in the Fairfax broadsheets today about how big business wants a sovereign wealth fund to save our windfall from the resources boom again was a horribly lopsided article.
READ MORERoger Corbett: front page news one day, vanished the next
An RBA board member and prominent businessman backs the RSPT. How does the media cover it? It doesn’t.
READ MOREWe waited for this? Serial board members but no media experience for Fairfax
It is hard to understand why it has taken Fairfax Media more than three months to announce the trio of relatively tame board appointments. Still nobody on the board has an inside understanding of journalism.
READ MOREFairfax earnings: pull out the digital and it’s a pain in the tale
Fairfax Media’s digital business was the only part of the group to perform in the six months to December.
READ MOREFairfax AGM: coming last and loving it
Guess what? I got 42 million Fairfax votes in favour of my board tilt! And, err, 1.37 billion against. Stephen Mayne on coming last.
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