Shut weekday print, investor tells Fairfax

Original article by Damon Kitney, Jake Mitchell
The Australian – Page: 21 : 3-Aug-16

Australian businessman Alex Waislitz owns more than two per cent of Fairfax Media’s shares, via Thorney Investment Group and the listed Thorney Opportunities. He says that scrapping the weekday print editions of "The Age" and "The Sydney Morning Herald" is in the best interests of Fairfax and its shareholders, and CEO Greg Hywood should accelerate plans to do so. Waislitz has also welcomed Fairfax’s move to release separate earnings data for its Domain property listings business, and he says Fairfax should undertake a share buyback.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, DOMAIN.COM.AU, THORNEY OPPORTUNITIES LIMITED – ASX TOP, THORNEY INVESTMENT GROUP AUSTRALIA PTY LTD, NZME LIMITED – ASX NZM, APN NEWS AND MEDIA LIMITED – ASX APN

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