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Rural Press
From Wikipedia, the free encyclopedia
| Rural Press Limited | |
|---|---|
| Type | Public (ASX - RUP) |
| Founded | 1911 |
| Headquarters | North Richmond, Sydney, NSW, Australia  |
| Key people | John B. Fairfax, Chairman, Peter A. Roach, Director |
| Industry | Media |
| Products | Newspapers |
| Revenue | AUD$307 million (2006)[1] |
| Website | http://www.ruralpress.com |
Rural Press Limited is an Australian media company which owns approximately 170 newspaper and magazine titles, The Canberra Times being the most prominent. These are predominantly in rural Australia, though it also owns a number of agricultural publications in the United States and New Zealand. It also owns radio stations in regional South Australia and Queensland, a range of Australian classified advertising websites, and Australian commercial printing plants.
On 6 December 2006 it was announced that Rural Press Limited and John Fairfax Holdings would merge to form a new company estimated in value at $12 billion. [2] Under the deal, the family company of Rural Press chairman John B. Fairfax (who did not have an interest in the company bearing his family's name) would take a 13.5 per cent stake in the merged entity. This was just short of a controlling interest, but gave Fairfax a potential blocking stake if Publishing and Broadcasting Limited, News Corporation, the Seven Network or a private equity raider embarked on a hostile takeover, as had been widely anticipated following the Federal Parliament's passage of new media laws on October 18, 2006.[3]
The merger with Fairfax was completed on 8 May 2007.[4]
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- ^ Rural Press Limited - Half Year Report, December 2006.
- ^ Knight, Elizabeth: Stakes raised in media's cold war, The Sydney Morning Herald, 7 December 2006.
- ^ Long, Stephen: Fairfax, Rural press announce plan for merger, ABC Radio National, 6 December 2006.
- ^ Rural Press, Fairfax officially merged, The Age, 9 May 2007.
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| Newspaper | The Age · The Sydney Morning Herald · Financial Review · The Illawarra Mercury · The Newcastle Herald · The Border Mail · The Canberra Times · The Dominion Post · The Press · The Sunday Star-Times · The Marlborough Express · The Nelson Mail · The Timaru Herald · Waikato Times |
| Radio | 2UE · 3AW · 4BC · 6PR · 3EE · 4BH · 96fm |
| Online | Brisbane Times · MyTalk |
| Other | Business Review Weekly · Endemol Southern Star · Fairfax New Zealand · Rural Press · Southern Star Group · Southern Star Entertainment |