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BRW closure not unexpected

The announcement Friday by Fairfax that they will close the weekly print edition of BRW in a couple of months is not unexpected. The title has struggled for sales for a long time, often not paying for the retail space it occupies in-store. It is part of a segment of magazine titles that is significantly challenged with equivalent content available online.

With the slim size of The Australian Financial Review I do wonder how much longer it will be published in print form. take the friday edition, for example. If you remove Domain you’re left with a pretty slim publication. Greg Hywood, CEO of Fairfax, is on the record saying print publications will be closed or frequency cut when they no longer pay their way.

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  1. jenny

    Customer service for subscriptions going to the Philippines!
    Have enough issues without crackly phone lines.

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  2. Amanda

    Hi MARK,

    A question for yourself and all retailers and distributors in NSW.

    Has anybody received payment from Fairfax Media of the 2% Discretionary Bonus talked about in the Fairfax Media Agreements? Or do they know of anybody who has received this payment in other states?

    I did not want to place this question in an un-related blog post, so I have chosen this one to place it, as it is a Fairfax Media product in this blog.

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  3. Mark Fletcher

    No knowledge Amanda.

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  4. jenny

    Amanda, I think it was only for a period of time and your account had to be up to date. No for us.

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  5. Amanda

    Yes thats correct Jenny, agreement states:

    ‘Discretionary Bonus will be awarded in 3monthly periods for up to 12months based on “agent driven” performance/results at Fairfax’s absolute discretion.’

    I have been trying to get info from Fairfax regarding this but no answers.

    NANA have replied to my enquiries previously stating they are not aware of anybody receiving this payment.

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