Like chalk and cheese, the media is these days. News Limited making billions, Fairfax desperately looking for savings:
| News Corp defends poison pill | ||
 06 June 2013 – News Corp (ASX:NWS) executive chairman Rupert Murdoch has defended using a poison pill to stave off a hostile acquisition. |
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| Murdoch earns a profit of 4.6 billion dollars in just 6 months. | ||
| Fairfax to save $60M | ||
 06 June 2013 – Fairfax Media Limited (ASX:FXJ) CEO Greg Hywood says the media company can save $60 million by the end of September as part of an operational restructure. |
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Murdoch wins, still.
