No change to Fairfax Radio in restructure

Fairfax Media has announced a corporate restructure, but radio is unaffected.

Following the reorganisation, Fairfax will have five business divisions:
 
Australian Publishing Media, incorporating The Sydney Morning Herald, The Age and other businesses previously contained within Metro Media, the Financial Review Group, Fairfax Regional Media, Agricultural Media, and FCN NSW;
 
Domain, which includes the print and digital elements of the Domain business together with the Metro Media Publishing joint venture;
 
Digital Ventures, which includes Stayz, RSVP, TenderLink, and other digital businesses. The existing Marketplaces division will not continue under the newstructure; and
 
Fairfax Radio and Fairfax New Zealand, both of which remain unchanged from the previous structure.
 
Over the past two years the company has moved its organisational focus from print to digital, with more than two thirds of Fairfax’s audience now accessing its journalism through digital means. This change in consumption patterns has given the company a chance to “simplify its organisational structure.”
 
CEO Greg Hywood says this next phase of the company’s “transformation” will give the company “the ability to deliver our journalism as efficiently and effectively as possible.”