But this is an overstatement. Of his children, his second son, Sir James Reading Fairfax (1834–1919), entered his father's office in 1852 and was admitted as a partner in 1856. In the end, however, the government compelled Murdoch to abandon his bid on antitrust grounds. The principal heir to the family business was James Oswald Fairfax’s son Warwick; he had held only brief tenure on the board. ." John Fairfax (1804-1877), newspaper publisher, was born in England. Warwick Oswald Fairfax, son of Sir James Oswald Fairfax, born in 1901, became managing director in 1930. What was possibly more important was his contacting through the library the best educated men of Sydney, and he became friendly with some of them. Despite attempts to modernize Fairfax, much of the company’s labor-intensive production capacity was outdated and increasingly uncompetitive. In 1838 he immigrated to Sydney with his wife Sarah (née Reading). A third son, Charles Burton Fairfax, retired in 1904 and went to live in England. Warwick Fairfax died in 1987, but the battle for supremacy in Australian journalism was not over. When his father died, James Fairfax was in control of the paper which continued to thrive. Limited, succeeded in taking the company private. Determined to thwart Murdoch, Fairfax began amassing a “friendly” holding in its competitor. (0932) 859777 However, the date of retrieval is often important. Associated Newspapers Ltd.; AAV New Zealand Ltd. (95%); David Syme & Co., Ltd.; Dysford Pty. 2 Pty. Under George, the appearance of a competitor, the Sydney Daily Telegraph, cut into circulation but not into advertising revenue. The business continued to expand, particularly after the demise of another competitor, the Empire. Tammy Nguyen Lee James Reading Fairfax, now in his seventies, began to delegate more authority to his sons James Oswald and Geoffrey. Family owned and operated until the 1990s, Fairfax is the oldest publishing group in Australia, and one of its largest. Black restored financial strength to the Fairfax organization and ensured that, if nothing else, at least the company didn’t fall into the hands of Rupert Murdoch. (03) 5440-8111 JOHN B. FAIRFAX last night severed his ties with the media empire that bears his name by selling his 9.7 per cent stake in Fairfax Media for $193 million. Ltd.; Syme Communications Ltd. (New Zealand); Syme Electronic Communications Pty. The young Warwick Fairfax placed tremendous trust in his managing director, Rupert Henderson, despite an often acrimonious relationship. . Where Australia Connects. In a complex deal involving Murdoch, Fairfax, Bond, Holmes a Court, and HWT’s Kerry Packer, virtually every major station changed hands. James Reading Fairfax strengthened the Herald’s reputation for evenhandedness and authority and, with his large build and Edwardian beard, was an imposing figure. Fairfax Holdings Inc is a Texas Domestic For-Profit Corporation filed On August 6, 1980. Though judgement was given for the defendant, the solicitor appealed. Warwick Fairfax had a troubled personal life, which led to his first divorce. On January 7, 1992, Tourang changed its name to John Fairfax Holdings Limited and gained a listing on the Australian Stock Exchange. The expansion stretched Fairfax’s financial resources so thinly that the company was forced to go public on April 9, 1956. 2418 Fairfax Avenue Grand Prairie, TX Find on map >> Owner: WHITE ORCHID HOLDINGS CO Previous owners: MARIO RODRIGUEZ; JP MORGAN CHASE BANK; Building value: $44,110 Land value: $18,000 Total value for property: $62,110 Assessments for tax year: 2015 Previous total value for … After a short stint as a librarian, he purchased an interest in the daily Sydney Herald and in 1841 purchased the paper with a partner, Charles Kemp, for £10,000. John Fairfax bought the Sydney Herald with a partner in 1841, renamed it the Sydney Morning Herald the following year and took full control in 1853. They entered the office on the same day in 1889 and each had a large share in the conduct of the paper. Incorporated: 1897 as S Pearson…, Scottish & Newcastle plc He was succeeded as chief executive officer by McLachlan. A combined HWT/News organization was capable of dominating advertising rates throughout Australia through network advertising. He died at his home, Ginahgulla, Bellevue Hill, on 16 June 1877. Domain separation from Fairfax Media. Ltd.; Magazine Promotions Australia Pty. London W1V 1HH Web site: http://www.scot…, Kanematsu Corporation In 1916, with the outbreak of war in Europe, Australia’s involvement as member of the British Empire brought hardship to the Herald’ s readership. Fairfax worked as a compositor before being appointed librarian of the Australian subscription library on 1 April 1839. Find exactly what you're looking for! Under Fairfax and his sons, the paper continually increased in public favour and the great increase of population in the 1850s added much to its prosperity. Ltd.; Magazine Properties Pty. To Fairfax, the conduct of the press was a sacred trust and he never betrayed this. Ltd.; The Rockwood Pastoral Company Pty. International Directory of Company Histories. Warwick Fairfax, Jr.’s bid to protect the company had only made it more vulnerable for a takeover. After a period working in London, Fairfax returned home, marrying his childhood friend, Sarah Reading, in July 1827 and subsequently becoming a part-owner of two newspapers. All aspects of the Fairfax Group, though, were suffering reverses in the marketplace. He later returned home to South Africa to become chairman of the country’s largest computer retailer, Connection Group Holdings. Warwick Fairfax, still offering his opinions, opposed the appointment of Suich and Gardiner, whom he considered too young. Family owned and operated until the 1990s, Fairfax is the oldest publishing group in Australia, and one of its largest. Ownership is split evenly between John B. Fairfax, his wife Helen and their son Nicholas. Fax: (071) 828 3342 Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA). Upon news of the bid in 1991, Fairfax’s employees went on strike, protesting Black’s antilabor record and right-wing political views. Select this result to view John J Robertson's phone number, address, and more. Get premium, high resolution news photos at Getty Images In 1979 Rupert Murdoch surfaced again with a bid to take over Fairfax’s other rival, the Herald and Weekly Times. 2 Fouberts’ Place Within two years, Fairfax had left and established himself at Leamington Spa as a printer, bookseller and stationer. In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. International Directory of Company Histories. Fairfax was born in Barford, Warwickshire, the second son of William Fairfax and his wife, Elizabeth née Jesson. Opposing Gardiner in this and many other matters was Falkingham, who quickly fell out of favor with the board and was forced to resign. Coats plc He was so successful in shoring up the bottom line that the company’s profits—when compared to the low figures of the previous years—became a source of embarrassment, especially during World War II, when after-tax profits more than doubled. Within the “Cite this article” tool, pick a style to see how all available information looks when formatted according to that style. https://www.encyclopedia.com/books/politics-and-business-magazines/john-fairfax-holdings-limited, "John Fairfax Holdings Limited There, on 31 July 1827, he married Sarah Reading, daughter of James and Sarah Reading. Fairfax was appointed a member of the New South Wales Legislative Council in 1874,[4] but never took an active part in politics. 297) Pty. The Fairfax family originated in Warwickshire, England, where the patriarch of the family publishing empire, John Fairfax, was born in 1805. In 1817, John Fairfax was apprenticed to William Perry, a bookseller and printer in Warwick, and in 1825 went to London where he worked as a compositor in a general printing office and on the Morning Chronicle. Japan Later, several of the papers and their operations were consolidated into one facility, a new production house on Sydney’s Broadway. However, in the newspaper, due importance was given to music and the theatre, literature and art. 235-243 Jones StreetBroadway, New South Wales 2007Australia(02) 282-2833Fax: (02) 282-3133, Public Company Incorporated: April 9, 1955 as John Fairfax LimitedEmployees: 4,340Sales: A$359.1 million (US$247 million)Stock Exchanges: SydneySICs: 2711 Newspapers; 2721 Periodicals; 6719 Holding Companies, Nee. The company also owns The Sun-Herald, a Sunday newspaper, in Sydney, The … [opinion][citation needed], On 26 December 1863, Charles Fairfax, the eldest son and Fairfax's right-hand man on the paper, was thrown from his horse and killed. Still, with circulation now over 6,600—third in the British Empire only to London’s Times and Telegraph —Fairfax exercised considerable influence over public opinion. Tourang succeeded in taking over all the assets of Tryart, including John Fairfax Pty. Ltd.; Fairfax Letterbox Australia Pty. Edinburgh EH4 1RR Ltd.; Ridge Publications Pty. Another, Athol Hugh Stuart, fared better, involving the Fairfax enterprise in a collaboration with Sir Keith Murdoch’s Herald and Weekly Times (HWT) company to form the Australian Associated Press and a newsprint operation in Tasmania. Warwick’s takeover, launched through a shell company called Tryart Pty. Falkingham responded by adopting more realistic rates and prices and, in 1977, placed D. N. Bowman in charge of the flagship Sydney Morning Herald. FXJ shareholders will need to account for a capital gains tax event on 22 November 2017. From 1992 to 1996, he served as CEO of one of Australia’s largest diversified media companies, John Fairfax Holdings, now known as Fairfax Media. Age (Australia) (part of John Fairfax Holdings) has been referenced in news articles and reports on our website. Fax: (0932)849119 2-1, Shibaura 1-chome Later, he arranged to purchase Advertising Newspaper’s 11 percent share in HWT and emerged with a majority. Family owned and operated until the 1990s, Fairfax is the oldest publishing group in Australia, and one of its largest. There are 152 companies in the JOHN FAIRFAX & SONS PTY LIMITED corporate family. Ltd.; Fairfax Newspaper Holdings Pty. The cost of newsprint increased dramatically during World War I, forcing the company to declare its first operating loss in 1919. The company also took over its number two rival in Sydney, the Mirror Newspapers, through a shell company. Fairfax could do little but watch. It was his bold decision to turn over daily operation of the business to a capable former rival, Hugh George. In 1955 Fairfax also acquired a license for Sydney’s ATN7 television. In 1972 Murdoch also snapped up Packer’s Daily Telegraph and Sunday Telegraph, which competed directly with Fairfax. At last, he had direct editorial control and the power to fire people. Fairfax Media was a media company in Australia and New Zealand, with investments in newspaper, magazines, radio and digital properties. Murdoch countered with a A$2.3 million bid for HWT and its Queensland Press subsidiary. [1], Fairfax was a sincerely religious man, a member of the Congregational Church at Pitt Street. Fairfax Media (FXJ) separated Domain Holdings Australia Ltd (DHG) on 22 November 2017 under a scheme of arrangement. It was given the fuller title of the Sydney Morning Herald in 1842, and in spite of a period of depression Fairfax suffered, both partners, by 1853, were in prosperous positions. Ltd.; Votraint (No. While he remarried in 1948, he and Henderson became concerned about the possible loss of family control of the enterprise. R. P. Falkingham, meanwhile, finally assumed the position of chief executive officer. [6][7][8][9], "End of an era as Fairfax family calls it quits", "Marinya Media divests ownership of Fairfax Media", "Questions over timing of Fairfax's volatile farewell", https://en.wikipedia.org/w/index.php?title=John_Fairfax&oldid=1007870896, Members of the New South Wales Legislative Council, All Wikipedia articles written in Australian English, Pages using infobox officeholder with unknown parameters, Articles with minor POV problems from August 2020, Articles with unsourced statements from August 2020, Wikipedia articles with Trove identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 20 February 2021, at 10:16. The Registered Agent on file for this company is CT Corporation System and is located at 1601 Elm Street, Dallas, TX 75201. November 25, 1992. . Telephone: 0131 528 2000 . He died on 28 March 1919 and was buried in the Con… [5] His son Captain J. Griffyth Fairfax, born in 1886, was a member of the House of Commons for some years, and has published several volumes of verse of which a list will be found in E. Morris Miller's Australian Literature. Therefore, that information is unavailable for most Encyclopedia.com content. Six radio stations that came with ATV were later spun off as Macquarie Broadcasting Holdings Ltd. Henderson retired in 1964 but retained his seat on the board. After a voyage of about 130 days, they reached Sydney on 26 September 1838; Fairfax had just £5 in his pocket. Fairfax Group was determined to foil Murdoch; so, however, was Holmes á Court, who offered nearly A$2 million for HWT. Gardiner championed the cause of upgrading the facilities and, in the end, succeeded, resulting in the lay off of 375 Sungravure employees. Ltd.; Rozelle Terminal Handling Company Pty. The company launched a second paper, the Sydney Mail, and installed new, more efficient Richard Hoe rotary presses. TORONTO, March 03, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering of US$600 million in … Ltd.; Suburban Community Newspapers Pty. 1 John Fairfax Holdings 1.1 ??? John Fairfax Holdings, Annual General Meeting....Mr Michael J. Hoy, Deputy Chief Executive & Editorial Director has a worried look on his face as the vote is put for his loan. John Fairfax (24 October 1804 – 16 June 1877[1]) was an English-born journalist, company director, politician, librarian and newspaper owner, he was known for the incorporation of the major newspapers of modern-day Australia. But Stuart’s demeanor grew violent, and in 1938 he too was fired. Although Fairfax offered a bid of its own, it was too low to be taken seriously. After leaving school at the age of twelve he was apprenticed to a printer and bookseller. Refer to each style’s convention regarding the best way to format page numbers and retrieval dates. John B Fairfax was one of the few people to emerge with any credit from his cousin Warwick’s disastrous privatisation of Fairfax in 1987 and its painful aftermath. Consolidated Press was forced to withdraw from Tourang after Australian regulators questioned the legality of its participation under media cross-ownership regulations. The division subsequently changed its name to Fairfax Magazines Pty. The defense of the HWT cost Fairfax dearly, causing it to sell off its interests in CTC and QTQ television. The two made amends, however, and Henderson stayed on. Public Company Australia The ill-fated attempt to save Fairfax Group Pty. The Fairfax company, too, had grown beyond effective family administration. Warwick Fairfax, meanwhile, had become embroiled in another matrimonial debacle when, it was charged, he forced the breakup of a friend’s marriage. Nevertheless, under the direction of the two men, the tenor of the Herald and its sister papers became decidedly cynical, even sensational. John Fairfax (1804–1877), newspaper proprietor, was born in Warwickshire and as a teenager completed an apprenticeship in the printing and bookbinding trade. London SWIP 4QZ Fairfax Financial Holdings Limited is a holding company whose corporate objective is to achieve a high rate of return on invested capital and build long term shareholder value.