Fairfax Media

In another blow to staff at Fairfax Media, one of its regional newspapers, The Golden Mail has closed its doors after 12 years of publishing the weekly newspaper in Kalgoorlie, forcing staff members to seek employment elsewhere.

THE real estate industry was an early engager of the burgeoning online sector when readership figures for traditional print mediums began to decline.

Fairfax Media chief executive Greg Hywood says the diversified publishing house delivered a "more than credible" fiscal 2011 result in the midst of deteriorating conditions in the second half.

ALP eyes clamp on right to strike – The Aus; Pipe down, EC chief tells Gillard – The Aus; Perth petrol prices head for year lows – The West; Rinehart stalks ailing Fairfax – The West; Weld Range wins approval of environment watchdog – The West

Swan attacks Rinehart on Fairfax move – The Fin; G20 row over euro debt crisis – The Fin; Barnett blasts Liberals' choice -The West; Rate cuts in the balance between home and away – The Aus; Atlantic asks state for royalties relief – The West

The value of shares held by some of the biggest names in mining have slumped along with the companies they lead, but there are pockets of good news in what has been a tough year on the markets.

96FM has claimed top position in Perth's radio ratings, narrowly edging out second-placed Mix 94.5 and third-placed Nova 93.7.

A former Perth entrepreneur has taken his latest startup public thanks to local investors’ renewed interest in technology.

Digital media is growing its presence in WA's mass market as familiar names fight to stay relevant.

To merge or to demerge is a question that goes beyond the mining industry; it’s one that is also dividing opinions in the media world, with Australian and American publishers heading in opposite directions in what looks like a classic schism of ideas.

Journalists at Fairfax Media will take industrial action following the announcement 120 editorial jobs will be axed from mastheads in Sydney and Melbourne.

Fairfax Media has flagged an end to weekday print editions of The Sydney Morning Herald and The Age in the face of falling advertising revenue.

Creditors of movie streaming service Quickflix changed administrators to Deloitte, just two weeks after the company voluntarily appointed partners from Ferrier Hodgson.

The City to Surf has become an iconic WA event over the past 42 years but its status as the state’s largest charity run is under threat from a relatively new event that employs a very different business model.

Fairfax Media will record almost $1 billion of impairments when it reports its full-year results next week, with half the hit coming from the unit containing its Australian masthead newspapers.

Fairfax Media's new financial year has got off to a bumpy start, with its prized real estate advertising business, Domain, reporting a sharp slowdown in digital revenue growth.

The Australian share market has closed lower, hurt by falls in financial and resource giants, including the Commonwealth Bank, Westpac and Rio Tinto.

Nine Entertainment has negotiated its way out of a costly contract to broadcast US TV shows and is refocusing on local content in response to disappointing ratings.

Netflix rival Presto will close at the end of January after Seven West Media agreed to sell its 50 per cent stake in the streaming service to co-owner Foxtel.

Fairfax Media has announced new cuts to its editorial operations aimed at delivering about $30 million in annual savings.

Journalists at The Sydney Morning Herald and The Age have voted to strike for a week, after Fairfax Media announced it would cut about 25 per cent of the jobs at its major Australian newspapers.

Fairfax Media shares have jumped to a five-week high after the struggling company's board said it was considering an unsolicited $2.2 billion proposal to split up its businesses, while a reduction in television licence fees planned for the budget has boosted listed TV networks.

Fairfax Media shares have hit their highest level in six years after a consortium led by US-based private equity giant TPG Capital upped its takeover bid by $500 million and widened it to now include the entire company.

The prospect of a bidding war for Fairfax Media between two US private equity funds has driven the company’s shares to a fresh six-year high.

Fairfax Media has rebuffed an approach from a consortium including advertising entrepreneur John Singleton for its 54.5 per cent stake in Macquarie Media.

Fairfax Media CEO Greg Hywood says the company is back on ‘plan A’ and proceeding with spinning-off its Domain business, after two potential suitors walked away without making a bid.

The Australian share market has finished the session in negative territory, with declines in the big banks and the materials sector offsetting a day of strong gains for local oil stocks.

The Australian share market is trading solidly higher at lunchtime, with upbeat overnight sentiment lifting the local markets to near 10-year highs and the S&P/ASX200 to twice breach the key 6,000 point level.