Domain digital driving Fairfax earnings http://ift.tt/1KYOFej

More than 50 per cent of Fairfax Media's first half earnings came from its online real estate business, underscoring the company's transition from print. Domain's pre-tax earnings rose 74 per cent to $65.7 million in the six months to December 27, making it by far the biggest contributor to the media group's total earnings of $98.6 million. Digital accounted for $50.3 million of that, and chief executive Greg Hywood said on Friday the publisher of The Sydney Morning Herald and The Age newspapers was continuing to invest in its online growth businesses.

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