Original article by Darren Davidson
The Australian – Page: 21 : 29-Nov-16

Citi has a "sell" recommendation on Fairfax Media, and values the company at $A0.70 per share. In contrast, Citi values the Domain property listings business at $A0.80 per share. The firm estimates that Fairfax would incur total costs of about $A330m if it opted to discontinue its print newspapers to focus on its digital operations. However, Citi notes that Fairfax’s digital revenue fell by 4.5 per cent in the first half of 2015-16.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, CITIGROUP PTY LTD, DOMAIN.COM.AU, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, CARSALES.COM LIMITED – ASX CAR, REA GROUP LIMITED – ASX REA