Fairfax Media has posted a loss of $2.73 billion for 2011/12, driven by massive writedowns on the value of its newspapers.The media group's net loss for the year to June 24 was seven times bigger than the $390.9 million deficit it reported for the previous financial year.
23/08/2012 - 08:42
Fairfax operating loss widens
23/08/2012 - 08:42