Fairfax Media confirms Domain spin-off, reports 6 per cent growth in half-year profits

By Lucy Battersby
Updated February 23 2017 - 1:18am, first published 12:15am
Fairfax Media chief executive Greg Hywood.  Photo: James Brickwood
Fairfax Media chief executive Greg Hywood. Photo: James Brickwood

Fairfax Media investors sent the media company's share price to a six-month high after it confirmed it would float online real estate site Domain as a separate business on the stock market and hinted its streaming video and car classified businesses could eventually follow.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Ballarat news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.