FT.com: Fairfax’s ‘plunge’ into first-half loss
February 23rd, 2009Posted by Judith Townend in Editors' pick, Job losses, Journalism
“Fairfax Media, Australia’s oldest newspaper company, plunged into a first-half loss on Monday after writing down the value of its mastheads and incurring heavy restructuring charges, underlining the plight facing media companies,” reports the FT.
