Fairfax to slash everything-1900 jobs to go Paid subs-where are we heading? Reporters welcome here


Firstly, I must say, I will keep this site up to date the best I can, and begrudgingly keep subscribing  to these bums called newspapers in the digital form.I have not purchased a real newspaper for 2 years but will maintain the latest info here on our site. These mobs are losing money faster than a Pink Batt Scheme

THIS IS IMPORTANT TO ALL OF US WHO CARE ABOUT THE REAL ISSUES OF THE DAY-the new model being we will give you some news, if you want the rest PAY UP

I do with all sincereness feel for the dedicated journo’s who have feed us the good bad and ugly over the years. It is a scary time folks. Take our current situation with how blogs like mine “Might” affect this and that. Well with hundreds less journo’s out their treading the boards chasing stories. Being denied funding to chase an investigation etc… Where are we heading? Any bona fide journo out there will have a unpaid job here should they wish to tread that way. I think as a community wide, freedom of information type blog, they may do a lot more here, then they could ever do as a tightly chocked journo under restraint.

If you are one of those, hey, we can always find a good nickname, whatever…If your passion is the truth, then the pay is not so important (like none)

Fairfax to cut 1900 staff, turn The Age into tabloid, close Tullamarine printing plant and introduce paywall

UPDATE: FAIRFAX Media has flagged it could scrap The Age as a printed newspaper as it revealed it will cut 1900 jobs over three years.

Fairfax Media CEO Greg Hywood said the company was adapting to the changing behaviours of readers.

In documents lodged with the ASX this morning, Fairfax revealed that printed copies of The Age and The Sydney Morning Herald could end if the radical changes fail to turn around the organisation.

“(If) metro print advertising and circulation revenue declines materially (then Fairfax could) transition to a digital only model,” the document said.

Under the changes announced today, the company has announced that The Age and The Sydney Morning Herald will become tabloids in March next year.

Fairfax will introduce paywalls around its Sydney Morning Herald and The Age websites next year, although some limited free access will remain.

In a shock move, the Tullamarine and Chullora (NSW) printing presses will be closed within two years.

The Fairfax statement, in full

About 150 editorial positions from The Sydney Morning Herald, The Age and The Canberra Times are expected to be lost as a result of the restructure.

An internal memo emailed to Fairfax staff today said about 300 jobs would be axed at the company’s metropolitan division, which includes The Sydney Morning Herald, The Age and The Canberra Times.

Half the jobs being axed are editorial positions.

“Many of these redundancies will occur over the next 2-3 months,” the email from the head of Fairfax’s Metro Media division, Jack Matthews, said.

Media Entertainment and Arts Alliance (MEAA) acting federal secretary Paul Murphy said the cuts contradicted Fairfax chief executive Greg Hywood‘s recent statement to the stock exchange that the company would invest in quality journalism and editorial standards would not be compromised.

“Any further loss of editorial positions will clearly damage these newspapers’ ability to produce quality journalism regardless of whether that journalism appears in print or on digital platforms,” Mr Murphy said.

“Readers and employees alike are entitled to know precisely how Fairfax Media intends to ensure that these two great mastheads will continue to produce quality journalism when fewer journalists are left to actually go out and hunt out news stories.”

The MEAA will meet with Fairfax management this afternoon to discuss the redundancies.

The company expects to make annual savings of $235 million by 2015 through the changes.

“Readers’ behaviours have changed and will not change back,” Mr Hywood said in a statement.

“As a result, we are taking decisive actions to fundamentally change the way we do business.”

Mr Hywood said Fairfax devised the changes after considering the merits of a full range of structural alternatives, including a demerger.

“The package of strategic initiatives is bold, and several are difficult, particularly as they will impact on some of our people,” he said.

“However, we believe that they are in the best interests of Fairfax, our shareholders, and ultimately the majority of our people.

“They are necessary to ensure Fairfax retains its position as a leading independent media company and a key voice in our markets.”

Fairfax also moved this morning to sell down its stake in New Zealand online sales site TradeMe from 66 per cent to 51 per cent.

The Federal Government said the media sector was facing a very tough environment.

“This is a very tough environment, the internet is a very disruptive technology,” Communications Minister Senator Stephen Conroy said today.

Asked if the online push by newspapers globally was the right strategy, Mr Conroy said it was one business model.

“Around the world … there are a whole range of newspapers that have started to go online and ended up closing down,” he said.

Mr Conroy said it was unlikely the Federal Government would help financially support newspapers, along the lines of a US proposal.

“I can’t imagine the Government putting forward a plan that would put money into print publications,” he said.

“We are already supporting two national broadcasters and I can’t see that changing.”

 

6 thoughts on “Fairfax to slash everything-1900 jobs to go Paid subs-where are we heading? Reporters welcome here

  1. What can I say they are cutting back job’s left right and center, crimes are raising jails are becoming smaller, and they wonder why? pfff nothing further your honor

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  2. To kick comments off, I have subscribed and you still get the ads on the net, or even worse on my iphone where space is limited.The media cannot have it all.

    Businesses go under all the time because they get greedy.

    If someone pays online for your news, dont friggin bombard them with ads! pretty simple, I’m telling you for free.(but may not in the future…) not really…always free here.

    Gina Rhineheart take note…Your unfair attempt to take over the media to suit yourself because you are filthy rich will backfire, probably not on your wealth, it is too huge to even imagine as a fellow aussie, but people power is growing…

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  3. Compared to the US or Canada our press and the allowance for reader comments is like we live in a totalitarian regime. The news is so filtered, biased and limited in what ever is reported as well what is reported is only a tenth of the whole scene plus when subscribed the logins don’t work half the time I’m not surprised they are going broke. Laying of the journalists who aren’t allowed too report isn’t much of a solution. Since your logins are tied with fairfax your site has gotten more narrow on what information you provide, one needs to depend on the people commenting if they can log in still. Since fairfax can’t remember my main identity and I’m not prepared to spend an hour to chase up options to rectify such that only lasts for a limited time I had to use my secondry account to even reply. Goodness knows why you tied yourself in with fairfax the totalitarian state supporters when you were so good before.

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  4. I’m giving up on a lot of our local news, I’m following overseas news sites a lot more now. Fairfax is part of Labour’s totalitarian hide everything machine and local reporters restricted reports. Even Google AU who won’t now let me access just Google.com won’t put through any contentious blogs that say more unless AU has no people with professional or lay expertise who dare voice opinions. The US is far more open in crime analysis or general information and in any news or reader views.

    You’ve tamed down of late too in what you do unlike excellent earlier material.

    One plus you have is in not censoring the comments that make it through is that statistically the people who were doing extra hits on Baden-Clays innocence and support doubt comments regardless of stupidity could be used to say that regardless of his seeming guilt a high enough level of persons remained untouched by even a site such as yours in being open to his innocence.

    I doubt the persons from that camp would be volunteering it was his mum, himself and an odd ball owing him a favour wrote them all making up multiple identities to do that. The stats are in favour of media or blog sites did not impact on many to remain favourable. The ones who independantly would worry trials on biases are consistent in their identities and not an extreme number.

    Even as reported in one site -pro Gerard sympathy as a negative of 500 hits that way – aren’t necessarily a negative for Gerard. Cheers for Gerards arrest aren’t always onside with his guilt, some hope it forces the truth out that might clear up if he did not kill her himself, but was afraid of lesser associated charges or other revelations suffering from fear of exposure rather than murder in his avoidance.

    Personally I believe the arrow points to Gerard most unless MS McHugh happened to do the killing and he labored to hide the crime, one he’d planned to be done in a more orderly fashion than turned out on that night. There is a need for less biased rhetoric to recognise that reactions in the past for crimes are different in this day and age as more knowledge in forensics and more education mean people react to any further solid information and would never be fixated by earlier stances.

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  5. I love the Internet. I love blogging, I love forums. But we are no replacement for professional journalism.
    I have immense respect for great journos and great writers. Thats a lifetime of commitment to a vocation- usually tertiary study then years of low pay (compared to other professionals). When someones words dance across the paper ( Sean Carney from the Age, Annabel Crabb from ABC and the UK journo Jonathon Pilger spring to mind, but there are many many more) they deserve to be paid for their contribution to our society, whether you agree with their opinions or not (and I don’t always)
    These journalists cannot emerge from a vacuum. Their work exists because they have had a community of journalists to bounce off, and a mentorship system of sorts. They are also professionally answerable to a journalistic code of ethics- which isn’t always followed, but at least sets out some clear boundaries.
    This current announcement is a great loss to Australia, and further erodes the level of literate debate, awareness and social analysis in our country.
    The only Australian professional free news websites employing professionals I can now think of are the ABC and Crikey
    Anyone know of any others?

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  6. I am not a journalist myself but rather come from a prior legal background and am now involved in freelance writing, but these types of topics are vitally important to be canvassed IMO.

    I don’t have an issue with the likes of Gina Rhineheart and Rupert Murdoch owning/controlling media outlets per se. The absence of choice here in Australia is what bothers me the most, together with the greater focus on opinion based news which is designed solely to influence a debate due to the writer’s personal, strongly held views. It’s always been there, but it seems that there’s a move away from investing in actual fact based, investigative journalism where the public can weigh up the facts and make an informed decision for themselves, to a kind of force fed “one side of the story” opinion based journalism. Maybe it’s just me???

    I know there’s a generalisation of sorts there and really love it when I read some quality articles in the mainstream print/online media that is not pushing an agenda, but I agree with kay, that overseas news sites seem better adapted/funded for that purpose than a lot of Australian based media outlets.

    Perhaps Graeme Wood is also pursuing an agenda and has clear political views, but I’ve been quite impressed with the articles on The Global Mail since it started up.

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