Tragic as Fairfax’s job cuts are, I am even more saddened by the pending closure of one of the brightest sparks on the media landscape, Crinkling News, the nation’s only newspaper for school-age kids. Without an immediate injection of funds, Crinkling will publish for the last time next week.
The two events are related, of course. Fairfax will continue to shed jobs -- and employee tears -- until it cracks a sustainable business model. You’d hope there’s more to it than float Domain and keep shrinking the rest. Being "Independent. Always." doesn’t seem to have strong commercial legs.