The Fairfax family lost control of the company in December Due to the costs of defending the takeover, Fairfax sold its television properties, including the Seven Network. In October , speculation began to grow that the company would be bought out and split up after the passage of changes to Australian media laws.
Rival media company News Corp Australia purchased a 7. Fairfax of Rural Press, saw the return of the Fairfax family to the company board. The company also gained a number of other regional newspapers, radio stations and websites; plus agricultural publications in various countries.
The website initially employed 14 journalists and was an attempt by Fairfax to break into the South East Queensland market. It featured breaking news updated "every 15 minutes".
The staff reductions would take place in both Australia and New Zealand, with the latter country bearing the brunt of the cuts, with full-time employees losing their jobs. A new campaign, "Fair Go, Fairfax: Don't discount journalism",  was launched by the MEAA [ citation needed ] in protest to the cuts arguing that the jobs losses will affect "quality journalism".
Graham Mott will continue in his role as general manager of the broadcast radio group under Fairfax. Mott indicated at the time of the acquisition that national syndication of programming such as that of the since-retired John Laws would largely be replaced on the network with more localised syndication at a state level.
MyTalk Datacasting Channel was officially purchased from Southern Cross Broadcasting on 5 November ,  and ceased broadcasting on 25 February Fairfax and his family investment company, Marinya Media, sold their remaining 9.
The sale came after an earlier dispute between John B. Continued poor performance of Fairfax Media in light of changing news services was cited as one of the reasons for the sale of Marinya Media's interests in Fairfax.
Fairfax had earlier stood down from the Fairfax board, and his son, Nick Fairfax, was reported to be discussing his future with the rest of the company board. Rinehart also sought a position on the Fairfax board. Rinehart was denied a place on the board because she would not agree to Fairfax's charter of independence, and sold her stake in It also announced it was shifting to "compact" or tabloid-sized editions of the broadsheet newspapers from March , and that its two printing facilities at Chullora and Tullamarine would close.
A party may hold only two radio licences in each market, so some stations including 2CH and the Macquarie Regional Radio network were sold. Fairfax will license the Drive brand and "Drive. All printed and digital editions continued during the action but The Age web site was down on 25 and 26 March adding to a 2-week outage earlier in March.
Fairfax opened books to both parties, opening the door for The Sydney Morning Herald and The Age to pass into foreign ownership. Printing facilities in Australia and New Zealand.
Fairfax's New Zealand media business including national brand Stuff.