Fairfax sold itself to Nine

Fairfax Media will cease to exist by the end of the year – regulators willing.

Nine and Fairfax have agreed to a historic merger in a cash-and-stock deal to create a $4.2 billion company that would reshape Australia’s media landscape.

The combined company, called Nine, will be headed by Nine CEO Hugh Marks. The venerable 177-year-old Fairfax corporate name looks set to disappear.

Nine shareholders will retain 51.1 per cent of the combined entity; Fairfax shareholders will keep the rest.

Three current Fairfax directors will be invited to join the board of the combined business, which will be chaired by Nine Chairman, Peter Costello, and include two further current Nine directors. The merged company will be called Nine.

Not Nine Fairfax but just Nine.

I have to say I’m surprised The Age and SMH have survived this long.  I had expected Fairfax to shut them down, sell the AFR, and focus on radio and digital media. That might happen anyway, but at least Greg Hywood has realised a 21% premium for his shareholders. (Yes I realise it is 21% on the currently much lower price than just a few years ago.)

Many of the Fairfax staff have taken to social media expressing their dismay. But frankly they only have themselves to blame. Six years ago it looked like Gina Rinehart was going to take over Fairfax Media and the staff went wild:

A lot of ink and pixels are going to be wasted on a Rinehart takeover of Fairfax. People will talk about the end of democracy, a lack of diversity, perhaps even the collapse of civilisation as we know it.

The first objective of any media company is to earn a profit, or have a patron who will tolerate losses. All the other objectives, promoting democracy, providing alternate voices, enhancing civilisation, whatever, are subsidiary to the first objective. Right now Fairfax can’t earn a profit and doesn’t have a patron.

Media patrons are not unknown or even unusual. As indicated the ABC has the federal government, The Conversation has a consortium of universities, Crikey has Eric Beecher, the Global Mail has Graeme Wood, The Monthly has Morrie Schwartz. This pattern of ownership is hardly surprising. In a 2003 Journal of Law and Economics paper looking at media ownership across 97 countries, Harvard economist Andrei Shleifer and co-authors found two dominant modes of media ownership – government and concentrated private owners.

The apparent concern, however, is that Gina Rinehart is said to be somewhat conservative and the Fairfax papers – especially The Age – are considered to be quite progressive.

Specifically it has been reported that Gina Rinehart has refused to guarantee “editorial independence” at Fairfax. Who can blame her? It isn’t like that “editorial independence” has produced an excellent product commanding a price premium. Fairfax needs to be restructured beyond simply changing the size of the paper. One of the benefits of a takeover is that inefficient and ineffective work practices get abolished.

But some might argue that Gina Rinehart will use Fairfax to push her own views and agenda – as opposed to the current editorial stance. How much of a problem is this really? It doesn’t matter who owns the media – if they cannot attract other paying customers the media patron will lose money and eventually will sell out or shut down.

As I wrote at the time Fairfax doesn’t have a decade. It didn’t.

This entry was posted in Media. Bookmark the permalink.

130 Responses to Fairfax sold itself to Nine

  1. I have to say I’m surprised The Age and SMH have survived this long. I had expected Fairfax to shut them down, sell the AFR, and focus on radio and digital media. That might happen anyway, but at least Greg Hywood has realised a 21% premium for his shareholders. (Yes I realise it is 21% on the currently much lower price than just a few years ago.)

    Cross-subsidisation is a powerful thing. This deal could mean the survival of the mastheads for years to come or even indefinitely, propped up by TV revenue. Same thing has happened for a long time with Murdoch’s properties. Depends on whether Nine’s executives value the print sector as much as Rupert does and, given that they made this deal in the first place, they probably do.

  2. Natural Instinct

    With a smart TV can you read the newspaper as a channel?

  3. stackja

    Young Warwick met Laurie Connell. What could possibly go wrong?

  4. If these people realised that there’s an audience out there that isn’t of the Left, maybe they’d discover that you can make a profit by catering to what is possibly a much larger audience. Their ABC already serves that Left, what we need is the Australian equivalent of Breitbart. Why compete with Their ABC?

  5. JC

    Same thing has happened for a long time with Murdoch’s properties. Depends on whether Nine’s executives value the print sector as much as Rupert does and, given that they made this deal in the first place, they probably do.

    And Murdoch has basically split print and TV again by selling the electronic side to Disney. In other words Murdoch has done the opposite to a very large extent.

  6. JC

    I wonder what will happen to the editorial independence bullshit the hacks at Fairfax were venting about when big Gina was trying to buy the heap of junk? I really don’t think Costello will buy into that bullshit.

  7. Egor

    ” Fairfax corporate name looks set to disappear.’
    Go one, tickle my tummy again.
    The Australian survives because Rupert loves it.
    With any luck the Age and SMH will be allowed to rot and swing in wind before they are finally dispatched.
    You think a commercial Board is going to subsidise the comrade luvvies old lives at Fairfax? Suck it up comrades.

  8. .

    Yes they’ll all come to meet me
    Arms areaching, smiling sweetly
    It’s so good to touch the green green grass of home!

    What, too soon?

  9. And Murdoch has basically split print and TV again by selling the electronic side to Disney. In other words Murdoch has done the opposite to a very large extent.

    No, the Disney (or Comcast) deal was about 21st Century Fox, which contained almost all of the broadcast assets post-split. The other side is News Corp which has all of the print assets, plus crucially Fox Sports Australia and part of Foxtel (plus REA Group), which is the cash cow that funds the loss-making papers.

  10. Bruce of Newcastle

    Will Nine rename itself 9¾?
    They’ll need a magician to save themselves from doom.

  11. Mique

    Wot JC said.

    Having long since despaired of reading anything approaching balanced reporting in the Fairfax papers or, for that matter, seeing watchable TV news and current affairs on the Nine Network, to me it seems unlikely that a shotgun marriage between two such grossly incompetent operations will achieve any significant improvement in the short to medium term. The best I can hope for is that the combined “heaps of junk” collapse ignominiously.

    Just watch their ABC find infinite room within their already bloated establishment with refugees as they take to the lifeboats.

  12. areff

    With any luck the Age and SMH will be allowed to rot and swing in wind before they are finally dispatched.

    Nine chiefly interested only in the Maquarie radio stations. The Age and SMH will either be sold (“bigger fool” hopes operating here) or shuttered, more likely the latter.

    The real question will be how many Fairfax can manage to marry an existing ABC staffer, thereby lifting themselves to the top of the queue for a job at the national broadcaster.

  13. egg_

    Will Nine rename itself 9¾?
    They’ll need a magician to save themselves from doom.

    Penn and Teller’s ‘Fool Us’?

  14. JC

    Monster.

    Read what I said again because your comprehension is lacking. I described the Nine merger and the Murdoch sale, as being the opposite, to a very large extent.. I didn’t claim it was identical, you half wit.

  15. Roger

    ABC News Radio’s first port of call for comment was to the union.

    “No bias, no agenda.”

  16. Boambee John

    This deal could mean the survival of the mastheads for years to come or even indefinitely, propped up by TV revenue.

    If we cross our fingers and wish really hard …

  17. Splatacrobat

    A Current Affair will now cease chasing dodgy washing machine repairmen and start naming and shaming plastic straw manufacturers and coal miners.

  18. Robbo

    Flogging off that dead horse took quite a while but finally we can say whoopee the witch is dead. Let us not waste time on an autopsy because we know what killed it stone motherless, it was those inside the building who brought it down. What is making this episode enjoyable is that those who killed it are now the loudest in complaining about the death. Why even Virginia Trioli is having a big sook. Cry on baby because hopefully one day soon we will get a government that will close down your sheltered workshop.

  19. Boambee John

    Mique

    Just watch their ABC find infinite room within their already bloated establishment with refugees as they take to the lifeboats.

    But, but, but, Their ABC is already cutting into muscle, there is no fat left to take on more staff!

  20. Here’s hoping I’ll be coming across many FORMER Fairfax “journalists” stacking shelves at Bunnings in the very near future.
    Those anti democratic, anti Australian, anti West SoB’s can rot in hell.

  21. Herodotus

    “Is this all we get?” ask Fairfax journos, quite a few of whom have contributed to the shrinkage of Fairfax’s fortunes.
    Hopefully the editing, hiring and firing will be better done in the new organisation.
    One is tempted to ask how the vestigial Fairfax culture will sit with Nine’s new buddy Sky News.

  22. Roberto

    Fairfax has definitely outstayed its welcome. There’s been nothing of value in its papers for years – except for the cryptic crossword.

  23. Myrddin Seren

    Many of the Fairfax staff have taken to social media expressing their dismay.

    If only the Capitalist lickspittles on the Board had held out until the next election, Comrade Shorten and Labor would have nationalised us as an essential media service and we would all have had jobs for life and staff watercoolers to congregate around as far as the eye could see, plus jobs for our family for generations to come.

    Woe, woe, Thrice Woe !

  24. Dave of Reedy Creek, Qld

    Totally good riddance to Fairfax, they cost me a small fortune when their shares crashed. As an employee of Rural Press, we had a staff share plan happening that was brilliant, then against many shareholders wishes, Rural Press was sold to that totally useless”progressive” (regressive!!!) company called Fairfax. This led to massive losses, share prices fell from over $5.00 to around 65 cents in a very short time. The sooner they are relegated to history the better for everyone.

  25. Herodotus

    Cryptic Crossword: 9 Down – a response to the question “is that all there is?” (y-ur-f-r-d)

  26. Cassie of Sydney

    All self inflicted. McClymont is already whingeing. Do you think Nine will keep the sinking ships that are the the SMH and The Age afloat for long? Methinks not. Such sweet, sweet news!

  27. Phill

    I see a grim future. Fish that remain unwrapped. Puppies that remain untrained. How will we survive?

  28. Entropy

    Wonder if nine will want to offload rural press?

  29. jjf

    Whats the bet all the luvvies at Fairfax have no shares in the company at all!

  30. Egor

    Jones and Hadley will be doing wee drinkies. You always know when Fairfax operators are writing the news copy, as at 2GB, anyone not Green / Labor always “defends” or “denies” a Green / Labor assertion.

  31. DB

    Commercial reality is soon going to hit the handwringing, sandal-wearing lefties at Fairfax like a brick wall.

  32. H B Bear

    Dave of Reedy Creek – Rural Press were totally screwed by Fauxfacts (or rather the Rural Press directors). If it is any consolation I think John B Fairfax evaporated around $900m of his own money in the deal.

  33. DB

    ABC reports that thousands of refugees are appearing outside their offices at Ultimo.

  34. Infidel Tiger 2.0 (Premium Content Subscribers Only)

    Don’t worry Fairfax journos.

    You can re-skill and learn code or get a job in green energy.

    Or you can FOAD.

  35. Os

    One good thing, the “West” will now stop using faux from Fairfax.

    Hmmm, not that I read the “West” any more either.

  36. Infidel Tiger 2.0 (Premium Content Subscribers Only)

    (plus REA Group), which is the cash cow that funds the loss-making papers.

    REA is a classic story.

    A number of very prominent real estate agents owned big chunks of it, but sold out to concentrate on real estate.

    The White Family’s chunk would be worth $1.1bn today. Instead they have a very good franchise business worth a few hundred mill.

    John McGrath sold his shares for $14mn. Today they would be worth $174mn. Instead he runs a once great business under huge pressure.

  37. cuckoo

    Nine news loathes Trump, so at least they have that in common. That cadaver who reports from Washington for them sets a snark level that even ABC commentators admire.

  38. cuckoo

    Here’s hoping I’ll be coming across many FORMER Fairfax “journalists” stacking shelves at Bunnings in the very near future.

    Have some fun by asking them where the left-handed screwdrivers are.

  39. Tel

    The first objective of any media company is to earn a profit, or have a patron who will tolerate losses. All the other objectives, promoting democracy, providing alternate voices, enhancing civilisation, whatever, are subsidiary to the first objective. Right now Fairfax can’t earn a profit and doesn’t have a patron.

    I would argue that corporations don’t have a brain as such and cannot really have “objectives” in the sense that a human has an objective.

    Of course, you can write down on the articles of incorporation, “The objective is to make a profit” but that’s very much like the Constitution of a nation: a piece of paper with words on it… possibly a finger pointing to the moon at best, but never the moon. The employees inside a corporation have objectives, the CEO has objectives, the shareholders and board have objectives… and possibly these might all align to a greater or lesser extent.

  40. You can…get a job in green energy.

    That’s an excellent idea, since they keep touting that green energy will create a jobs boom. Let’s have some personal feedback on that boom.

  41. .

    possibly a finger pointing to the moon at best, but never the moon

    Go on and kick me. Now how did it feeewel?

  42. Up the Workers!

    Fauxfacts papers.

    So “progressive”, they “progressed” themselves firstly out of journalists, secondly out of sponsorship
    and advertisers, thirdly out of readers and finally, out of existence.

    Ho Hum, no great loss.

  43. cuckoo

    Just watch their ABC find infinite room within their already bloated establishment with refugees as they take to the lifeboats.

    The ABC will be to Fairfax what Angela Merkel was to “Syrians”.

  44. Read what I said again because your comprehension is lacking. I described the Nine merger and the Murdoch sale, as being the opposite, to a very large extent.. I didn’t claim it was identical, you half wit.

    I was disagreeing with you by pointing out the similarity, i.e. Foxtel subsidises the Hun and Telly while Nine will now subsidise the SMH and Age.

  45. .

    Sure monty, you’ve read all of the trial balances and figured this out?

  46. Bones

    I can just imagine Kerry Packer chuckling in his grave, God bless him.
    When he composes himself, he reaches for the phone and calls Peter Costello and says

    “Well done son, what took you so long?

  47. JC

    Monster

    STFU and stop annoying me especially today.

  48. This is like the Titanic merging with the Hindenburg to save itself from sinking.

  49. sabena

    Bones,
    I am not so sure about that.He might well be saying “why have you lumbered Nine with a worthless business?”

  50. .

    No no monster – please show us the NewsCorp financials.

    I’m sure you’ve picked them over.

  51. stackja

    Guardian in grieving over SMH.

  52. Talleyrand

    Hopefully first to the chopping block is that buffoon and bore Leunig

  53. Rococo Liberal

    One wonders. If the Fairfax journos are so good at their jobs, why didn’t one of them find out about the merger with Nine before it was announced and leak it to the rest of the media?

  54. Roberto

    Guardian in grieving over SMH.

    The Guardian will be next for the chopping block.

  55. Judith Sloan

    Sell the SMH and the Age to the journalists. Then they can operate them as wukker collectives.

  56. Egor

    I’m waiting for Alene Composta to get the definitive take on this tragedy.
    Popcorn, jaffas…

  57. Let it all burn.

    Sinistra delenda est.

  58. Roberto

    Sell the SMH and the Age to the journalists. Then they can operate them as wukker collectives.

    That would be entertaining to watch. The journos would quickly discover the difference between a ‘not for profit’ business and an ‘unprofitable’ one.

  59. Habib

    Nine apparently is as retarded as 10, why would you buy that marxist morass, unless it was extremely cheap. 10 and Fairfax would be a better match, and could go bankrupt a lot quicker- imagine that amount of leftist imbecility merging, it’d a an idiot critical mass.

  60. Habib

    And where’s the confected leftist outrage about media diversity/concentration?

  61. Tim Neilson

    Nine apparently is as retarded as 10, why would you buy that marxist morass, unless it was extremely cheap.

    A few years ago one of the investment banks valued the Age and SMH as having a total value of zero.
    But they said that the radio stations have value.

  62. H B Bear

    Habib – consensus view is that Nein just want the Macquarie radio stations, possibly Stan and a chunk of Domain. ACCC might have something to say about some of that.

    Expect to see the lights turned off on print versions of SMH and Age within a year.

  63. Tim Neilson

    Nine apparently is as retarded as 10, why would you buy that marxist morass, unless it was extremely cheap.

    I’d pay a few grand just for the pleasure of shutting it down and saying to each “journalist”:
    “You’re fired. And your total severance benefits consist of this pineapple.”

  64. .

    monty have you checked those financials yet, or are you full of shit once again, champ?

  65. None

    The Sydney Morning Herald still out sells the Australian in Sydney and journalists like Kate McClymont would easily find other willing employers. The age is toilet paper. Expect all their staff to join the ABC in protest.

  66. Up the Workers!

    The “R.M.S. Fauxfacts” is finally sailing off into the sunset, to desert its sinking rats who will continue swimming around in ever-decreasing anti-clockwise (i.e. Leftwards) circles till they circle no more.

  67. Rae

    Will Nine rename itself 9¾?
    They’ll need a magician to save themselves from doom.

    Doesn’t matter what name it uses. With the dead hand of Peter Costello at the helm they will continue to serve up the same rubbish programs. They are therefore definitely doomed.

  68. Mater

    Expect to see the lights turned off on print versions of SMH and Age within a year.

    How very appropriate. Reducing emissions and saving the trees, in one easy step.
    Who said that saving the earth would require pain and sacrifice; I wouldn’t feel a thing.

  69. Mater

    With the dead hand of Peter Costello at the helm they will continue to serve up the same rubbish programs. They are therefore definitely doomed.

    Both brothers doing God’s work?

  70. Habib

    I used to buy the Saturday Herald every week, it was a quality broadsheet and was good to keep up with what was going on in the big smoke. It’s been a doppelganger of Green Left Weekly for decades, a vile, venomous and wildly inaccurate rag that’d embarrass a student union rabble rouser. The Oz isn’t far behind these days, which is why I dropped my sub. The rest of the Murdoch stable are worse. For some reason a Saturday Courier and Sunday Mail lob over my fence each weekend, I’ve never ordered them and sure as hell wouldn’t pay for them. Last week saw a puff piece about the Pleasurechook clan, an utterly shameless PR item by one of their senior hacks. A lot of blather about grand-dads travails under the Sausage Eaters in Poland, and how much he hated them. Didn’t think to ask why, if he hated the Hun so much, there was no mention of joining the partisans, or why he named his son Heinrich.

  71. stackja

    This seemed to fly under the radar:

    FAIRFAX MEDIA AND NEWS CORP AUSTRALIA ENTER PRINTING AGREEMENTS
    18 July 2018:
    Fairfax Media Limited [ASX:FXJ] (“Fairfax” or “Company”) today announced it has entered into agreements with News Corp Australia that will see the publishers use each other’s printing networks.

    Fairfax Chief Executive Officer and Managing Director Greg Hywood said: “The printing arrangements make the production of newspapers more efficient for both publishers. These are landmark initiatives. They demonstrate a rational approach to the complex issues facing the industry.

    “Better utilisation of existing print assets makes sense and will deliver economic benefits to Fairfax Media.”

    News Corp will provide a range of printing services for Fairfax in New South Wales and Queensland. Fairfax will print publications for News Corp out of its North Richmond (NSW) plant.

    Fairfax will transition work from its print centres in Beresfield (NSW) and Ormiston (Queensland). Once complete, those sites will close.

    There will be no change to the availability of Fairfax newspapers.

    Mr Hywood said: “The agreements deliver greater cost variabilisation, enabling us to produce newspapers well into the future.

    “Our decision to rationalise some printing assets reduces capital intensity. We expect the combination of the new arrangements, and the changes to Fairfax’s printing network to result in an annualised full-year benefit of approximately $15 million. The financial benefits are expected to begin towards the end of FY19 H1.

    “From today we are consulting with staff at our printing centres affected by the new arrangements. Fairfax is committed to providing comprehensive assistance and support and will meet all our employment obligations.”

    Fairfax and News Corp will continue to explore further opportunities.

  72. Howard Hill

    bemused
    #2772799, posted on July 26, 2018 at 1:50 pm

    Off-topic, but I couldn’t help it: Dick Smith announces plans to close food business, blames Aldi model.

    Ha, ha, ha, ha….

    Saw the the hit piece on A Current A Make Up Bullshit last night. Never heard them refer to Aldi as a German company before, but now they’re the enemy so their racist colours were on full display, referring to Aldi as the German company changing the face of Australian shopping.

    And Dickhead Smith, what a sook! Australian companies have been ripping off others for years, not a single thought of their own to be seen. Australians are almost as much a Xerox as China!

  73. Howard Hill

    Ah shit wrong forum, my humble apologies.

  74. stackja

    Nine reporting SMH staff meeting. Strike?

  75. Ah shit wrong forum, my humble apologies.

    Don’t feel sorry. I posted that as an example of another twat complaining about free enterprise while they’ve been benefiting from the same for decades. I’m waiting for the Cat to take this up as another story.

  76. Rococo Liberal

    Sinistra delenda est.

    I agree

  77. iain russell

    Aah, ‘progressives’ – can’t live with ’em, can definitely live without ’em!

  78. Leigh Lowe

    Infidel Tiger 2.0 (Premium Content Subscribers Only)
    #2772767, posted on July 26, 2018 at 1:27 pm
    Don’t worry Fairfax journos.
    You can re-skill and learn code or get a job in green energy.
    Or you can FOAD.

    Mmmmyes.
    I spent some little time today on Soshul Meeja selectively paraphrasing some of the shit served up by Fairfax dicks about the demise of coalmining and applying it to print meeja … “dying industry … embrace emerging technology … yada, yada”.
    Apparently that is very insensitive.
    When I point out that is EXACTLY what they say about coalmining jobs, well, somehow it is different.

  79. Megan

    Hopefully first to the chopping block is that buffoon and bore Leunig

    Oh please let this happen.

  80. Dr Fred Lenin

    The highly educated writers on fauxfacs will be able to get some of the green jobs their propaganda has created ,Washing solar panels on high roofs , climbing long ladders to polish windmills blades so they generate another watt of power when the wind is right ,very suitable for tertiary educated writers .
    You notice I don’t say journalists ,they can’t be ,never served an apprenticeship . To follow on we need guardian,nyt and wapo to follow fauxfacs down the drain of truth .

  81. Squirrel

    For a Government which has been sadly lacking in the cojones/intestinal fortitude department when it comes to the ABC, this is a passable consolation prize – the reactions thus far from ABC luminaries past and present makes clear that they see it as unhelpful to their interests.

    If it turns out (as one would hope and expect) that the new outfit is fairly close to the views and tastes of middle Australia, the likelihood is that the ABC will veer even further to the left in the interests of “balance” – which might, just, prompt a future liberal government to get serious about things.

  82. Dr Fred Lenin

    Sinclair ,I loved the attitude of the regressive staff on the Rinehart takeover , obviously the person paying all the bills has no right to a contrary opinion to the staff she is paying ,socialist logic that , shut up and keep writing the Cheques .

  83. Bruce

    “Will Nine rename itself 9¾?”

    This little exercise might be the Fellini touch: 8 1/2.

  84. Nerblnob

    Leigh:

    I spent some little time today on Soshul Meeja selectively paraphrasing some of the shit served up by Fairfax dicks about the demise of coalmining and applying it to print meeja … “dying industry … embrace emerging technology … yada, yada”.

    Get it right up them.

    In reality, coal is booming internationally, and no amount of wishful thinking will make it otherwise, but print is dying everywhere.
    News Ltd/Corp etc does OK because Murdoch is a newspaper man at heart but I doubt the rest of the clan give a shit.

  85. Senile Old Guy

    If it turns out (as one would hope and expect) that the new outfit is fairly close to the views and tastes of middle Australia, the likelihood is that the ABC will veer even further to the left in the interests of “balance” – which might, just, prompt a future liberal government to get serious about things.

    Hahahaha! As if the spineless LNP would develop a backbone. Not a hope.

  86. P

    In reality, coal is booming internationally, and no amount of wishful thinking will make it otherwise

    Demand for Australian coal escalates, building on last year’s turnaround

  87. Whalehunt Fun

    Leftards are so ungrateful. I spend my time on Twitter coaching Fairfax cretins how to say “Would you like fries that?”and do I get a thankyou. Not one. 🙂 The wails were a Japanese fisherman’s paradise, many and long.

  88. 2dogs

    regulators willing

    Why should Nine be allowed to buy Fairfax when they don’t let NewsCorp buy a TV station?

  89. stackja

    2GB asks Will Rupert try to scuttle Nine?

  90. Tel

    Infidel Tiger 2.0 (Premium Content Subscribers Only)
    #2772767, posted on July 26, 2018 at 1:27 pm
    Don’t worry Fairfax journos.
    You can re-skill and learn code or get a job in green energy.
    Or you can FOAD.

    Don’t send them knocking on my door you lowlife.

    I’ll show you! I print up a batch of Economics Degrees for the whole lot of them, how you like them apples, huh? I’ll buy ’em false beards, tweed jackets, and everything, see if I don’t. No one will be able to tell the difference between a ex-Fairfax hobo and a real economist… your industry will implode.

  91. .

    Very funny but you know that has already happened, and that Our Jess and the Git never obtained an economics degree between their entire half brain.

  92. .

    The highly educated writers on fauxfacs

    No, they’re not.

    A PhD in surfing or ugly women’s gripe’s about real men is not a degree, it is a sham.

  93. P

    Sinclair Davidson, please take note.

    At approx. 8.25 tonight on 2GB which is an asset I believe of Fairfax, a question was put forward by a listener to Andrew and Steve. An academic who could do a radio segment like they do? Andrew answered with ‘the only academic I can think of would be Sinclair Davidson’. He then went on to say he had a good blog, so … .

  94. Leftards are so ungrateful. I spend my time on Twitter coaching Fairfax cretins how to say “Would you like fries that?”and do I get a thankyou. Not one. 🙂 The wails were a Japanese fisherman’s paradise, many and long.

    Love your work whalehunt.

    Q. What do you call a fairfax journo?
    A. Waiter!

  95. Frank

    Seriously though, it must be awful for them, the uncertainty and all that. Worrying about the mortgage and the future and how to pay for the kids schooling and the yoga classes. Lucky for them they have such sought after and readily transferable skills.

  96. John Constantine

    If there are too many fairfilth activists to repurpose as bespoke dog-turd stoop-and-pick-uppers, how about we repurpose the rest to follow cattle around, picking up the cow-flopsies and moulding them by hand into fuel for sustainable, green cow dung fires?.

    ‘Green economy’ will really mean something in capeweed season.

    Comrades.

  97. Boambee John

    Dot at 2003

    A PhD in surfing

    Uni up this way offers a bachelor’s degree around surfing, not sure if a PhD is available!

  98. Oh come on

    Oh dear. I guess all of those ‘joint ABC/Fairfax investigations’ will be a thing of the past. How regrettable.

    Bwahahahhahahahaha

    Seriously, this is great. One dying company merges with another, and united they stagger on, zombie-like, for a few additional years.

    It’s like a really shit and uniquely Australian (ie. two decades too late) version of the AOL-Time Warner mashup.

  99. Oh come on

    The ABC is acting like a jilted lover in its coverage of this trainwreck. Too funny. Who gives a fuck what Paul Keating thinks of the Fairfax/Nine merger? The ABC does! Get him on the 7.30 Report, quick!

  100. Oh come on

    The poor ABC is incredibly, astonishingly butthurt. And it has no idea why. It is extremely confused.

  101. Leo G

    Expect to see the lights turned off on print versions of SMH and Age within a year.

    Until then, any suggested name for a merged Fairfax masthead?
    Sycame Revue perhaps?

  102. Oh come on

    Communications Minister Senator Mitch Fifield argued today that the tie-up between Nine and Fairfax would put the combined entity in a “position to compete with the global giants”.

    Hahahahahhahahahahhahahahhahahahhahbahahahabax10000000tothepowerofinfinity

    Australia has reached peak pathetic.

  103. .

    I thought singing Green Green Grass of Home was a bit too much, but Oh Come On is really getting some joy from this implosion of the dinosaur media.

  104. Oh come on

    Oops that was supposed to be a large number to the power of infinity.

  105. Oh come on

    It is pretty damn hilarious, dot. The cynicism is breathtaking. It’s like when Chrissie Pyne craps on and on about how the world is going to be beating down our door to buy our weirdly configured, disfigured submarines that are weird and disfigured because only we want them like that.

    Yes. Everyone is going to want to emulate Nine/FXJ. Everyone.

  106. Spring is coming

    Finally with that redundancy payment, exFairfaxians can start that organic veggie garden, be that socially responsible barista, chain themselves to earth moving equipment, ride that dolphin around Australia, roam the plains on that illusive unicorn, fly that multicultural carpet through the skies… oh the places you’ll go. … and the blogs you could fill!!!

  107. Nerblnob

    We look forward to ABC’s critical coverage of this merger, along these lines:
    http://www.abc.net.au/news/2010-12-22/jason_wilson_article/42468

    Followed up by a scathing investigation on The Conversation, like:
    https://theconversation.com/factcheck-is-australias-level-of-media-ownership-concentration-one-of-the-highest-in-the-world-68437

  108. Nerblnob

    Howard Hill:

    Never heard them refer to Aldi as a German company before, but now they’re the enemy so their racist colours were on full display

    Standard tactic by Green/Left – BP suddenly becomes British Petroleum, etc etc.
    Xenophobia’s great when it suits them.

  109. Crossie

    One down, one to go. Who wants to buy the ABC?

  110. I am the Walras, Equilibrate, and Price-Take

    Ha ha ha ha.

    Leftist journo twits do themselves out of a job.

    Gina offered them half a loaf. They told her to shove it.

    And now they have NONE.

    Ha ha ha ha. Har-de-har-de-har.

    I hope the AFR survives. Poor as it is, I rely on it.

    And that Nein sells Gina the old Fairfax mastheads – and nothing more, no staff, no ‘code of editorial independence’ – for pennies.

    Ha ha ha ha.

    Creative destruction salted with schadenfreude – ausgezeichnet!

  111. Up the Workers!

    Reader “Natural Instinct”, at 11.34am asked:
    “With a smart TV can you read the newspaper as a channel?”

    Answer: Maybe, depending on the technology involved, but those in the long-ingrained habit of using the daily Fauxfacts products as bum-wipes in the lavatory will quickly find that smart T.V.’s are neither functionally nor hygienically equipped for such usage.

    You might now actually have to go out and invest in Sorbent products instead of your regular supplier, but look on the bright side – no more newsprint on the buttocks.

    Those who put their new smart T.V.’s to the same use as they formerly put the “Silly Moaning Haemorrhoid” and “The Aids” to, will find that doing so will almost invariably void the warranty and make the screen very difficult to read.

  112. Dr Fred Lenin

    So sad to see the demise of this great socialist institution, bugger that Trump !he has won again .
    Has any lefty scribe blamed Trump or Abbott yet?

  113. Egor

    They need a karmic business plan. Age and SMH can be merged into a reincarnated Melbourne “Truth” newspaper, where they chase adulterous minor celebrities with a black and white 35 mm camera. That’ll be $20 thanks Pete.

  114. Up the Workers!

    There’s an old Australian saying:

    “He might think his sh*t doesn’t stink; but his farts give him away!”

    The former Federal Parliamentary Leader of the World’s only political Party too dumb to spell its own name correctly, and which appointed the comically innumerate Wayne “The Goose” Swan as its in-house ‘World’s Best Treasurer’ and counting “expert”, is showing all the benefits of a good Labor(sic) ‘ejikayshun’.

    The word “pus” only has 3 (i.e. three, or one plus one, plus another one) letters, but in his masterly epistle yesterday on the inexplicable Nine takeover of the pox-riddled and dessicated Fauxfacts cadaver, he managed the impressive Labor(sic) feat of mis-spelling it! He actually spelled it as: “puss” (as in, ‘here kitty, kitty’).

    The more things change, the more they stay the same.

  115. Up the Workers!

    Keating’s contribution to Australian Parliamentary debate and good governance:

    “Scumbags of dog’s vomit, sleazebags of pigswill, maggot-infested buckets of pus, crims, grubs, boudoir bandicoots, boxheads, liars, lice, unrepresentative swill, in and out of a cats’ a*se, like a dog returning to its vomit…”.

    What class! What decorum!

    Every single quality that could be abundantly observed in his own Party peers, crims and colleagues (or his bathroom mirror, for that matter) , he deceitfully blamed – Gillard-like – on others.

    Most people (Richo excepted) have a***holes:

    Some people just are a***holes.

    Labor(sic) – dumber than a steaming fistful of Emma Husars’ barkers’ eggs and twice as unhygienic

  116. Habib

    Old saying, “Margaret has one, Gough is one”. Applies across the board and across party lines.

  117. .

    Keating had flashes of competence.

    Comparing politicians now of the major parties to those from 1983-2007 is only an error-filled way to make Shorten, Turnbull, Hockey, Brandis, Gillar, Husar etc seem way more competent than they are.

  118. Up the Workers!

    The bastard child of Kerry Packers’ ghost and the Labor(sic) Party’s propaganda bum-wipe will be chaired by current Channel Nine Chairman, Peter Costello.

    Just remind me again…is he a liberal Liberal, a Leftist Liberal, a Laboral stooge, just plain Labor or none of the above?

    I seem to recall that he got out of politics because of a congenital heart problem (in layman’s terms, he lacked a ticker). He also suffered from a congenital spinal deficiency – we, the electorate, diagnosed that he didn’t have a spine at all.

    Time will tell whether these problems have since been overcome, but I won’t be holding my breath.

    If Peter Costello has subsequently grown a spine; found a ticker and developed a modicum of testicular fortitude in recent times, it would be fun in these days of Trumpish swamp-draining, to see him vigorously put the stick about on the new Board and transform the odious and unloved leprous cadaver of Fauxfacts into the sword and shield of conservatism in the Australian media.

    Just imagine the vast riches and viewing audience that await sponsors of the hypothetical ONLY news outlet in the land that isn’t singing harmonies from the same leftist page of the same leftist songbook of the same leftist daily lies, propaganda and confected hatred – of Trump, of Abbott and of Cardinal Pell.

    When all the competitors are cutting one another’s throats in selling exactly the same widgets to a demonstrably disinterested and jaded audience, the first man to come along and sell something totally different, will make a fortune as well as an absolute killing in the ratings. Current Nine C.E.O., Hugh Marks has rightly moved to allay job concerns amongst the professional offendees, hate-mongers, truth mis-handlers, propagandists, toadies and presstitutes about job losses by assuring that not one single journalist at Fauxfacts will lose their job as a result of the takeover – not a difficult promise to keep, as Fauxfacts probably hasn’t had a journalist on its books for decades.

    The sickening Fauxfacts Pravda-like leftardism, has deservedly sent them broke and destroyed their credibility, their reputation and their readership. That path leads only to more of the same whilst preaching exactly the same blinkered bulldust message that every other media organisation in the nation is delivering word-for-daily-word.

    Conservatism, on the other hand, offers both a major point of difference and has ZERO current competitors in the marketplace.

    Wouldn’t that make Lefty heads (Paul Keating, we’re looking at YOU!) E.X.P.L.O.D.E.!!!

    I don’t really expect it will happen…but then, I never expected that Trump would happen either, but some hope is better than no hope and the whole of our Leftard media choir at the moment consists of nothing but no-hopers!

    Reply Thursday, 26 July 2018 at 10:22 PM

    Wayne Shaft said in reply to Up the Workers!…
    We need an Australian Fox 🦊 News to end the Lullaby of the Sheeple . 🐑🐑🐑🐑🐑👽👽👽

    Reply

  119. NuThink

    I think what happened at Fairfax is that when they were asked if they wanted to be sold off they all screamed Nein, Nein, Nein in unison and it was misheard as Nine, Nine, Nine. Easy mistake to make.

  120. Crossie

    The bastard child of Kerry Packers’ ghost and the Labor(sic) Party’s propaganda bum-wipe will be chaired by current Channel Nine Chairman, Peter Costello.

    Just remind me again…is he a liberal Liberal, a Leftist Liberal, a Laboral stooge, just plain Labor or none of the above?

    Yes.

  121. Leo G

    … when they were asked if they wanted to be sold off they all screamed Nein, Nein, Nein in unison and it was misheard as Nine, Nine, Nine.

    Now they may say: “They are the One- We are the Gone”.

  122. Dr Fred Lenin

    The march through the communist institutions ,fauxfacs gone ,now we start on sbs it’s surplus to requirements ,that will soften up the last victim ,the alpbc . I suggest a slow death for it ,cut funding by ten percent a month torture them slowly keep country broadcasts till last. Just imagine ten months of slow death ,might pay them back a little for the damage they have done . They will of course be unemployable ,Centrelink recipients no good going overseas the red media is dying there ,won’t be long till the “journalism” courses at universities are like sbs ,surplus to requirements ,more Centrelink candidates to keep.

  123. .

    Fox has merged with Diz-Nee and they’ve never strayed far from neoconservatives such as Bush and Krauthammer (why he gets any credit here is just weird).

    We don’t need Fox.

    We need more Breitbart, more McInnes, more Shapiro, more Rubin, more Crowder, more Rogan, etc.

Comments are closed.