The rapid graying of the newspaper audience has huge and unpleasant implications for publishers.
Fairfax Media slashes New Zealand mastheads value by 80%
By Paul McBeth Dec. 28 (BusinessDesk) – Fairfax Media, which publishes the Dominion Post, Press and Sunday Star Times newspapers, slashed the value of its New Zealand mastheads by more than 80 percent in a group-wide writedown of its traditional publishing assets. The New Zealand holding company, Fairfax New Zealand Holdings, valued its local newspaper […]