Created Fri 28th Nov 2008 12:06am PST by
vexnews

Will there still be a print edition of The Age newspaper by December 31 2010?
Background: Melbourne's Age newspaper is in crisis. Once it enjoyed a splendid source of revenue from classifieds, now that is largely disappearing. Circulation numbers are propped up by a plethora of giveaway schemes which disguise a genuine collapse in people buying the newspaper to read. Advertising rates are in freefall. A worldwide economic slowdown threatens to make a dreadful situation worse. Their one bright spot, their website attracts a decent audience, but that has been incapable of reproducing the rivers of gold revenue that once flowed into the newspaper. Can The Age's print edition survive in these very difficult circumstances?
Settlement details:As reported by a major mainstream news source, such as Melbourne's most popular newspaper, the Herald Sun.
- Activity: H$11,280 |
- Predictions: 10 |
Comments: 0
Predictions (10)
Comments (0)
Related News
This news is selected automatically based on the question, its background, options and tags
This news is selected automatically based on the question, its background, options and tags
score: 10
ABC Online 7 weeks ago
century reality. Already hit by a slump in circulation and profits, Standard and Poor's thinks Fairfax's advertising revenue is in for a tumble and has downgraded its credit rating as a result. Media buyers say advertisers want to get online and
score: 10
Sydney Morning Herald 7 weeks ago
to costs had not been enough to compensate for a 20 to 25 per cent fall in second-half advertising revenues. Fairfax raised $625 million of equity earlier this year to strengthen its balance sheet and now expects to have $1.8 billion of debt at the end
score: 10
The Age 7 weeks ago
Fairfax Media has forecast a 27% drop in full year profit and instigated an executive salary freeze amid its concerns that the advertising downturn shows no sign of recovery. However, the
score: 10
Herald Sun 7 weeks ago
FAIRFAX Media has forecast a 27 per cent drop in full- year profit and instigated an executive salary freeze. However, the newspaper publisher said a resilient performance from its divisions and
score: 10
Herald Sun 7 weeks ago
FAIRFAX Media has forecast a 27 per cent drop in full- year profit and instigated an executive salary freeze. However, the newspaper publisher said a resilient performance from its divisions and

Related Tags









No comments yet
Please log in or join to add a comment