Fair go, Fairfax - Don't discount journalism

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Write-downs anticipated

Thursday, 29 January 2009

According to GSJBW, the companies with the highest level of intangible assets relative to total assets are Austereo at 90 per cent and Fairfax Media at 78 per cent. Mr Guerra said the media profit reporting season, which starts when West Australian Newspapers reports its result next Tuesday, may also be worse than he had predicted, despite downgrading his expectations four times in 2008. Read more

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