Fairfax’s Hywood reassures nervous investors on print

Original article by Dominic White
The Australian Financial Review – Page: 30 : 29-Feb-16

Fairfax Media CEO Greg Hywood has downplayed concerns that the group could discontinue the print editions of its metropolitan newspapers. He argues that in addition to revenue from advertising and subscribers, newspapers allow Fairfax to boost audiences for digital assets such as Domain and Drive. He adds that any shift to a digital-only model would not have a significant financial impact on Fairfax, due to the cost savings achieved in its print business in recent years.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, DOMAIN.COM.AU, DRIVE.COM.AU, STAN ENTERTAINMENT PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

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