Two print centres to close as Fairfax Media and News Corp enter shared agreement
News Corp and Fairfax Media have entered an agreement to share printing presses in a bid to save costs, which will see the closure of two print press sites and the loss of up to 120 permanent and casual jobs in News South Wales and Queensland.
The two major Australian publishers announced this morning they would use each other’s print networks in particular regions across Australia, in an attempt to “reduce capital intensity”.
The two publishers announced a consolidation of print services
How on earth will Richmond cope with the weekend printing? Last time I bought print regularly there were systemic late deliveries in my inner city Sydney location which can only have been worse further out.
About time there is a start for amalgamation of facilities that have been under underutilized for years with the decline of newspaper production.
Its good to see the old rivalry between News and Fairfax has been settled for the sake of economic rationalism
There will more to changes to come- and there needs to be, as newspaper consumption declines
This was discussed by myself (for News) and Fairfax people in Adelaide at a PANPA conference 20 years ago.
Fairfax were too worried that News would have control.
Terry Waterer
Former Group Projects Co-ordinaries News)
Prior Chief Production Executive Fairfax
News has a website front-page habit of running “real media watch” which craps on every other news outlet in australia including Fairfax: Can somebody explain to me how they can J-V down at the working end, and nobody says “why u no stop hitting me” up the top because from here, it looks like passive-aggressive behaviour.
Contractually, they’re bound together with strings of money. But, its a slapfest of denial by their editorialist Gerard “my little moue of disapproval means much” Henderson. David Marr is a prat, but they always put him on the couch with Hendo on “insiders” and I wonder what is going on here?
It’s a historical day as Newscorp and Fairfax announce they’re going to share printing presses. It’s the beginning of the end of newsprint in Australia as we know it. If it wasn’t, either would’ve announced the construction of a new print centre. But they didn’t…. It’s like the Danny Bonaduce fan club has merged with the Partridge Family fan club due to the TV program becoming passé.
We can all see paper is on it’s way out in the printing business and digital is taking over. Which is a shame being a lover of printed material! But glad to see the giant media companies trying to work together as a team. Who would of ever thought this would happen. What’s the chances!