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fairfax media ltd-unspon adr (FFXLY) Details

Fairfax Media Limited operates as a multi-platform media company in Australasia. It operates through five segments: Fairfax Regional Media, Metropolitan Media, New Zealand Media, Broadcasting, and Other. The company is engaged in the publishing of news, information, and entertainment. It publishes metropolitan, agricultural, regional, and community newspapers, as well as financial and consumer magazines; and has a portfolio of Websites, and tablet and smartphone apps, including the online news sites and in Australia, and in New Zealand. The company has metropolitan, rural, regional, and community mastheads, which include The Sydney Morning Herald, The Age, The Australian Financial Review, The Canberra Times, The Sun-Herald, and The Land in Australia; and The Dominion Post, The Press, The Sunday Star-Times, TV Guide, NZ House and Garden, and New Zealand Fishing News and Cuisine, as well as agricultural publications in New Zealand. It is also involved in advertising sales in newspaper, magazine, and digital formats. In addition, it holds radio licenses in various metropolitan locations in Australia, including 2UE in Sydney, 3AW and Magic 1278 Melbourne, 4BC and 4BH Brisbane, and 6PR and 96fm in Perth. The company is based in Pyrmont, Australia.

7,043 Employees
Last Reported Date: 08/21/13

fairfax media ltd-unspon adr (FFXLY) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: A$1.6M
Chief Financial Officer
Total Annual Compensation: A$564.2K
Managing Director of Australian Publishing Me...
Total Annual Compensation: A$184.1K
Group General Counsel and Company Secretary
Total Annual Compensation: A$554.2K
Group Director of Human Resources
Total Annual Compensation: A$401.8K
Compensation as of Fiscal Year 2013.

fairfax media ltd-unspon adr (FFXLY) Key Developments

Elders Confirms Interest From Several Companies

Mark Allison, Chief Executive Officer of Elders Limited (ASX:ELD), has confirmed several parties have been looking at the company but no formal offer had been put to the board. Fairfax Media Limited (ASX:FXJ) has reported that Pacific Equity Partners, Wellard Pty. Ltd. and Asian investors have been "kicking the tyres" on the company. He said that he was aware private equity and other parties had been running the ruler over the company. "Private equity [groups] are looking at us, given we are getting to the point of a turnaround," he said. "There is no formal discussion. We are just running the business as per our operational priorities, being methodical and getting the debt down to an acceptable level."

Fairfax Media Limited and APN News & Media Limited Confirm Signing of a Printing Services Agreement

Fairfax Media Limited and APN News & Media Limited confirmed signing of a printing services agreement, which involves APN providing printing services at its Ellerslie facility in Auckland for several Fairfax newspapers in New Zealand.

Fairfax Media Limited Announces Board Changes

Fairfax Media Limited announced that Mr. Sam Morgan has decided to retire from the board and that Mr. Todd Sampson has agreed to join the board. Mr. Morgan has served on the board for six years. Sampson will also bring his commercial success as the national CEO of Leo Burnett.


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