Despite a 45% increase in revenue from its Domain genuine estate advertising, publisher of the Sydney Morning Herald was unable to offset print decline• News Corp sees strong growth in digital genuine estate services and book publishingFairfax Media has reported a 62.9% drop in full-year profit to $83.2m after revenue decreased by 5.3%.[br] Underlying profit fell 3.9% to $143.4m for the 12 months to 28 June despite a 45% increase in revenue from its Domain genuine estate advertising service.
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Source: theguardian.com