Fairfax Media

Fairfax Media
FormerlyJohn Fairfax and Sons
John Fairfax Holdings (before 2007)
Company typePublic company
IndustryMedia
PredecessorJohn Fairfax and Sons
Founded1841; 183 years ago (1841) (as John Fairfax and Sons)
DefunctDecember 2018 (2018-12)
FateMerged with Nine Entertainment Co.
SuccessorNine Entertainment Co.
Headquarters
1 Darling Island Road, Pyrmont, Sydney, New South Wales
,
Australia
Area served
Australia
New Zealand
Key people
Greg Hywood (CEO)
Nick Falloon (Chairman)
ProductsNewspapers
Radio
Magazines
Websites
RevenueDecrease AU$1.73 billion
(25 June 2017)[1]
Increase AU$142.6 million
(25 June 2017)[1]
Number of employees
Decrease 5,122 full-time employees
Decrease658 part-time and casual employees
(25 June 2017)[1]
Websitefairfaxmedia.com.au (archived)

Fairfax Media was a media company in Australia and New Zealand, with investments in newspaper, magazines, radio and digital properties. The company was founded by John Fairfax as John Fairfax and Sons, who purchased The Sydney Morning Herald in 1841. The Fairfax family retained control of the business until late in the 20th century.

The company also owned several regional and national Australian newspapers, including The Age, Australian Financial Review and Canberra Times, majority stakes in property business Domain Group and the Macquarie Radio Network, and joint ventures in streaming service Stan and online publisher HuffPost Australia.

The group's last chairman was Nick Falloon[2] and the CEO was Greg Hywood.[3]

On 26 July 2018, Fairfax Media and Nine Entertainment Co. announced it had agreed on terms for a merger between the two companies. Shareholders in Nine Entertainment Co. took a 51% of the combined entity and Fairfax shareholders own 49%. Fairfax Media was delisted from the Australian Securities Exchange in December 2018. Its metro publishing assets continue to be published by the group as Nine Publishing. Many of its other assets, such as its community media holdings were sold shortly after the merger was completed.

  1. ^ a b c "Fairfax Media Annual Report 2017". Fairfax Media. Archived from the original on 24 August 2017. Retrieved 24 July 2018.
  2. ^ "Nick Falloon confirmed as Chairman upon the retirement of Roger Corbett". fairfaxmedia.com.au. Archived from the original on 7 September 2015. Retrieved 16 September 2015.
  3. ^ Lee, Julian. "Fairfax chief executive quits". Brisbane Times. Australia. Archived from the original on 25 August 2023. Retrieved 6 December 2010.