Fairfax Media announced big expansion plans

June 28th, 2010 by James

Fairfax Media announced big expansion plansA major expansion of business journalism online and in print was announced today by Fairfax Media. The company will be harnessing its resources handling business reporting from across the country.

The company will benefit from its Businessday presence by 8 journalists in Auckland through the expansion plans.

From Stuff.co.nz:

Fairfax Media executive editor Paul Thompson said today that the group already had New Zealand’s largest team of specialist business journalists providing compelling content to print and online readers. The company’s Auckland-based multimedia business newsroom will, from July 1, be boosted by eight journalists now working for The Independent.

“The move is designed to make sure that the excellent work produced by The Independent journalists is made widely available to the large number of people who read our daily newspapers and websites each day,” Thompson said.

“Those journalists will form a crucial part of Fairfax Media’s multimedia Auckland newsroom, which provides high-quality journalism to all our brands in print and online. We believe it is particularly important to provide stronger business coverage online as that is where most readers of business news go first for reliable and agenda-setting stories.”

Businessday sections appear in Fairfax media newspapers The Dominion Post, The Press and the Waikato Times. Businessday.co.nz appears online as the business section of award winning news website Stuff.co.nz.

This move will mean closure of The Independent newspaper next month and a refocused strategy on the Businessday and Businessday.co.nz brands.

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