profit and loss …

Like chalk and cheese, the media is these days. News Limited making billions, Fairfax desperately looking for savings:

News Corp defends poison pill
imgLink 06 June 2013 – News Corp (ASX:NWS) executive chairman Rupert Murdoch has defended using a poison pill to stave off a hostile acquisition.
Murdoch earns a profit of 4.6 billion dollars in just 6 months.
Fairfax to save $60M
imgLink 06 June 2013 – Fairfax Media Limited (ASX:FXJ) CEO Greg Hywood says the media company can save $60 million by the end of September as part of an operational restructure.

Murdoch wins, still.

About Tom Harley

Amateur ecologist and horticulturalist and CEO of Kimberley Environmental Horticulture Inc. (Tom Harley)
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