Rivals ink print deal

PUBLISHING rivals Fairfax Media and News Corp – publisher of the Gold Coast Bulletin – have agreed to use each other’s printing networks under a deal that will deliver cost savings. Fairfax expects to save about $15 million a year, with the benefits set to flow toward the end of the first half of this financial year.

The initiative is “a rational approach to the complex issues facing the industry”, Fairfax CEO Greg Hywood said in a statement yesterday.