Rural Press

Rural Press

Infobox_Company
company_name = Rural Press Limited
company_
company_type = Public (ASX - [http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=RUP&companyName=&principalActivity=&industryGroup=NO RUP] )
company_slogan =
foundation = 1911
location = North Richmond, Sydney, NSW, Australia flagicon|Australia
key_people = John B. Fairfax, Chairman, Peter A. Roach, Director| num_employees =
industry = Media
revenue = AUD$307 million (2006) [ [http://www.ruralpress.com/corp/finance/pdfs/Dec06pfs_acc.pdf Rural Press Limited - Half Year Report] , December 2006.]
products = Newspapers
homepage = 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. [Knight, Elizabeth: [http://www.smh.com.au/news/business/stakes-raised-in-medias-cold-war/2006/12/06/1165081019155.html?page=fullpage#contentSwap1 Stakes raised in media's cold war] , "The Sydney Morning Herald", 7 December 2006.] 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. [Long, Stephen: [http://www.abc.net.au/pm/content/2006/s1805856.htm Fairfax, Rural press announce plan for merger] , ABC Radio National, 6 December 2006.]

The merger with Fairfax was completed on 8 May 2007. [ [http://www.theage.com.au/news/Business/Rural-Press-Fairfax-officially-merged/2007/05/09/1178390384391.html Rural Press, Fairfax officially merged] , "The Age", 9 May 2007.]

The Land

The Land is an Australian rural newspaper, founded in 1911 and was also the original name of the Rural Press Limited until 1981. [ [http://jobs.careerone.com.au/texis/company?compid=4706338142a0b CareerOne - Rural Press] ]

References

External links

* [http://www.ruralpress.com/ Rural Press Limited website]


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