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UPDATE! World of the News, Fairfax Media Confirms Jobs Going Offshore

Posted: June 12th, 2012 | Author: | Filed under: Indeep Media, World of the News | Tags: , , , , , , , , , | Comments Off on UPDATE! World of the News, Fairfax Media Confirms Jobs Going Offshore

World of the News - Fairfax Sends Jobs OffshoreLast month we reported on that shrinking Australian media behemoth that is Fairfax Media, is apparently planning to send jobs offshore by relocating production of its regional newspapers to New Zealand.

The proposed changes will affect 66 Fairfax staffers, Media, Ethics & Arts Alliance – MEAA – said via statement today.

Fairfax said the affected staff would be offered voluntary redundancies or redeployment, however, some staff may also be forced into redundancy.

The affected newspapers include the Illawarra Mercury, Newcastle Herald and seven associated community titles including the Lake Times, Kiama Independent, Newcastle Star, Myall Coast Nota, Port Stephens Examiner and Lakes Mail. Read the full previous post.

UPDATE! FAIRFAX HAS CONFIRMED – JOBS ARE GOING OFFSHORE: Newcastle Herald and Illawarra Mercury workers have failed in their bid to stave off job losses under a plan by Fairfax Media to transfer editorial production to New Zealand.

Fairfax has confirmed a total of 41 production jobs will be axed from newspapers in the Newcastle region, including the Newcastle Herald, and 25 jobs will go from the Illawarra Mercury. It says the changes are part of moves to increase efficiency in its newsrooms.

The Media Entertainment and Arts Alliance – MEAA – asked Fairfax to continue doing the work locally through the creation of a virtual sub hub that it claimed would be more cost-efficient :: Read the full article »»»»

Flipboard Launches iPhone App

Posted: December 3rd, 2011 | Author: | Filed under: Digital Media, Media, Mobile Media, Online Media | Tags: , , , , , , , , , , , , , , , , | Comments Off on Flipboard Launches iPhone App

Flipboard, that übercool social magazine slash Apple iPad App that organizes sectionalized content like #News, #Technology and #Food, as well as social network updates, rolls it all together and spits out a sleek, unified interface, launched its highly anticipated iPhone App this week. Flipboard cleverly pulls posts from Facebook and Twitter accounts and turns generic updates into sweetly formatted, eye popping posts. Flipboard Announced the launch via social media. With the roll out, Flipboard announced a new feature called Cover Stories, which learns from a reader’s interactions with the content and helps them quickly catch up with some of the most interesting news, updates, and photos being shared at that moment. The new iPhone App easily translates the intuitive flick gestures that make the iPad version so enjoyable to the small screen. Instead of horizontally swiping to turn pages, the iPhone version allows vertical swiping, which makes it much easier to navigate on the smaller device. READ MORE

Last Nail in a Coffin: Fairfax Family Bows Out of Publishing

Posted: November 11th, 2011 | Author: | Filed under: Digital Media, Favorite New Thought, From The Web, Indeep Media, Media, Online Media, Print Media, Technology | Tags: , , , , , | 12 Comments »

Today sees the end of an era at Fairfax Media, and Australian newspaper publishing, as the family that built the countries first publishing empire announced it had sold its remaining stake in the company. The news affirms that the demise of paper publications is set to become chronic. People can now easily and freely access news from virtually anywhere in the world using digital media via phones, tablets and computers, leaving the humble broadsheet close to redundant.

Printed newspapers and magazines continue to struggle on both the standard measures, circulation and copies sold, as the industry waits hand in pocket, for a combined readership measure for both print and digital editions, hold your breath, it’s coming, really it is? And while the Fairfax family might have shed it’s under-performing publishing stock, those still sat around boardrooms must have some serious scowls, the Audit Bureau of Circulation figures for the September quarter contained little good news for either of the major Australian publishers, News Ltd or Fairfax Media. News Ltd’s Sydney Morning Herald saw its overall circulation shrinking by almost 5 percent in the quarter, while News Ltd’s weekend editions copped a steep fall of close to 8 percent.

The Fairfax ownership of media has been a rocky road since 1841. The last 35 years have been particularly dramatic. In December 2006, in what many saw as a romantic reunion, the Fairfax family came back home when Fairfax Media announced a merger with the family owned Rural Press. in April 2007, Rural Press shareholders approved the merger with Fairfax. On that day, Fairfax shares sat at $5.07, valuing the family stake at $1.08 billion. Yesterday, those shares were sold for just $194 million, $814 million less than at the time of the merger. Getting of a sinking boat is clearly a success, taking you luggage is  perhaps a bonus not missed. Read the full article »»»»