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Business Description: Fairfax Media Limited (FXJ) is an Australian multi-platform media group with a broad range of activities including publishing of news, information and entertainment, advertising sales in newspaper, magazine and online formats, and radio broadcasting. FXJ conducts its core activities throughout Australia and New Zealand.
Strategy Analysis: FXJ aims is to transform the business to achieve sustainable revenue growth by moving from an old media type organisation reliant on the printing press to the delivery of digital content through a multitude of new channels
Fairfax Media reported a net loss of $390.86m for the year ended 30 June 2011. Revenues from ordinary activities were $2.48bn, down 0.7% from last year. Diluted EPS was (17) cents compared to 11 cents last year. Net operating cash flow was $431.43m compared to $449.62m last year. The final dividend declared was 1.5 cents, taking the full year dividend to 3.0 cents compared with 2.5 cents last year.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...
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