MP3: Fairfax reports $2.7 billion loss

22.08.2012

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Fairfax reports $2.7 billion loss MP3

The owner of the Sydney Morning Herald and The Age newspapers has just announced a massive financial loss for the year. Fairfax Media has reported a loss of $2.7 billion. That is partly due to a one-off write down of the value of the publisher's mastheads. Source: abc.net.au

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