The Sydney Morning Herald
The Sydney Morning Herald, Sydney often briefly referenced as Herald and abbreviated SMH is one of Australia's leading daily newspapers. The first published in 1831 as a weekly newspaper, The Sydney Herald publication is the oldest existing newspaper of the continent.
The Herald, is a classic broadsheet, so appears in the classic format of quality newspapers in the English-speaking cultural area. This corresponds approximately to the size German quality papers. Originally conservative in its orientation, he walked especially in competition with the conservative The Australian News Corporation Rupert Murdoch for more left - liberal journal. With a circulation of about 212,000 in March 2006 (Saturday Edition: 365,000 ) he is after the tabloid newspaper the Daily Telegraph, also from the house of Murdoch, the second largest newspaper in the four- metropolis of Sydney.
History
The Sydney Herald was founded in 1831 as a weekly newspaper by former employees of the Sydney Gazette, published since 1803, the first Australian newspaper and first appeared on 18 April of the year. The Herald is the oldest existing newspaper in Australia. The Sydney Herald, as he was still called in the early years, started with a circulation of 750 copies. Since 1840, he appears daily. 1841 took over the English immigrants John Fairfax newspaper, whose descendants they controlled until 1990, although it was in 1957 converted into a public limited company.
1987 tried the then 26 -year-old Warwick Fairfax, great-great grandson of John Fairfax bring the newspaper with the now belonging to her publishing group in its sole possession and over-indebted this in the course. With 1.7 billion Australian dollars of debt the company collapsed finally in December 1990. A recession in those years accelerated the collapse of John Fairfax holding company. Then the company went short in the possession of the later discredited Canadian publisher Conrad Black on, but was re-converted into a public limited company until 1993. Meanwhile possessed in this phase of the erstwhile richest man in Australia, the media magnate Kerry Packer shares of Fairfax. The latter attempted in the same decade even a complete takeover of Fairfax, but failed with his specially created for Tourang Consortium. Both Conrad Black and Kerry Packer had later its shares in Fairfax because of restrictions abandonment which they were exposed because of their ownership of other media.
In 1995, the Herald was first published on the Internet.
On June 18, 2012 Fairfax Media announced as Fairfax Holdings has been operating since several years, that the Herald from March 2013 in tabloid format, so the a classic tabloid to appear appropriate format. Also appearing in Melbourne sister paper The Age is to be converted into a tabloid in the same period. The Herald of the site is to be at least partly charged. On the same day the closure of the two largest printing group in Sydney's Chullora and in the Melbourne Tullamarine to June 2013 and the dismissal of 1,900 employees within the next three years were announced by Fairfax Media. These announcements are associated with the progressive collapse of the traditional financing model for print media in the Internet age. Of the six weekly editions of the Herald just posted the weekend edition of profits.