The Age and SMH to go tabloid sized; 1900 redundancies; presses to be shut

Fairfax media logoFairfax has announced a series of radical moves including The Age and The SMH moving to a compact size format, the closure of print works, the axing of 1,900 jobs and the introduction of paywalls for online content.

The two newspapers will move to a compact size format in nine months’ time. The leap comes more than five years after the company first weighed up a change of format. Another possibility would have been the midsized “Berliner” format used by the likes of The Guardian in the UK. However that was discounted partly because of the additional investment needed at the print works.

A key challenge the company will now face with the advertising market will be negotiations over ratecard for ads in the smaller size print edition.

The move is also a signal that the company is preparing for a time when the newspapers are no longer in print format, referring to moving the business “to a digital-only model if that is what is required in the future”.

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