Browsing: The Age

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The Press’ Holden steps into the Aussie breach as new Age editor
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The Australian division of Fairfax has announced some massive changes to its business recently, including a plan to cut 1,900 jobs, erect paywalls, outsource subbing for some of its titles to New Zealand and take some of its broadsheets tabloid. Fairfax NZ boss Allen Williams has said it’s a case of two markets and two time frames and the shifts won’t affect the New Zealand business, but they have affected the local industry in one way because Andrew Holden, the editor of The Press in Christchurch, has been named as editor in chief of The Age in Melbourne, replacing Paul Ramadge, who resigned yesterday.

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APN jumps on AR bandwagon
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APN is claiming to be the first New Zealand publisher to launch an augmented reality app, with The Herald’s TimeOut section being made into an interactive print product through the use of regularly updated virtual content. 

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All profits down for Aussie media companies
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Seven Media Group’s 2009 annual report reveals profit dropped to AU$12m from AU$142m last year, a fall of 91.2 per cent. This is due to its writedowns—reducing the book value of its media assets because they were overvalued compared to the market value. A company …