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![Fairfax Media posts $2.7 billion loss](/pf/resources/images/placeholders/placeholder_l.png?d=799)
Fairfax Media posts $2.7 billion loss
Fairfax Media has posted a loss of A$2.73 billion for 2011/12, driven by massive writedowns on the value of its newspapers.
Fairfax Media has posted a loss of A$2.73 billion for 2011/12, driven by massive writedowns on the value of its newspapers.