Fairfax's classified advertising -- its rivers of gold -- was always what funded most of the costs of printing its papers. And while Fairfax has lost control of most of these advertising flows, the one pot it still has its fingers in provides enough revenue to keep the papers printed -- some of them, for now.

This month, Fairfax CEO Greg Hywood floated the idea of reducing the publishing profile and frequency of The Sydney Morning Herald and The Age.