Nine and Fairfax have announced plans to merge.
{"Image ImageDescription": "MELBOURNE, AUSTRALIA - JULY 26:  The Fairfax Media logo is seen on the outside of their offices on July 26, 2018 in Melbourne, Australia. Nine and Fairfax have announced plans to merge, which will create an integrated media giant across television, online video streaming, print, digital and real estate advertising. The merger is planned to take place by the end of 2018, with Nine to be the dominant partner retaining 51.1 per cent of the new merged company's shares. The merged company will be called Nine, and will  retain Nine's current chief executive Hugh Marks and chairman Peter Costello at the helm. The new Nine company will include Nine's free-to-air television network, Fairfax mastheads including The Sydney Morning Herald and The Age, a long with a numbers of digital assets including real estate site Domain, subscription video platform Stan and 9Now, and Fairfax's radio interests through Macquarie Media.  (Photo by Scott Barbour/Getty Images)", "Image XResolution": "8523/125", "Image YResolution": "8523/125", "Image ResolutionUnit": "Pixels/Inch", "Image Artist": "Scott Barbour", "Image Copyright": "2018 Getty Images No"}