Via Gottiboff today:
Domain chief executive Antony Catalano — “The Cat” — gave Fairfax Media a growth future in the new era of publishing and he probably saved it from being split into its component parts.
The reason for this week’s separation of The Cat from Fairfax and its Domain spin-off goes much deeper than the stated “family reasons” and reveals forces that will hold back a great variety of Australian public companies from participating in the excitement of the new emerging era.