PacMags sale to Bauer Media OK’d
By Jonas Lopez in Media News on Thursday, 26th March 2020 at 5:29pm
Bauer Media has been given the ACCC’s approval to acquire Pacific Magazines from Seven West Media.
The watchdog stated that Bauer’s $40m offer would not lessen competition as some of the content on both Bauer and Pacific’s titles are acquired from other sources. The negotiations began in October 2019, with part of the deal seeing Bauer pay Seven West Media $6.6m in advertising rights fees over the next three years, on top of the $40m cash offer.
“We note that some magazine titles have already closed, and others are likely to follow, regardless of this deal. Ultimately, we determined that although there is a notable level of competition between the particular print titles, the transaction was not likely to substantially lessen competition because publishers i...
To continue reading this article...
More Media News
Devrishi Narad Journalist Awards 2026 honour journalists and content creators across platforms
By Staff Writer in Media News on Thursday, 18th June 2026 at 6:31pm
KUWJ urges early implementation of bus pass scheme for rural journalists
By Staff Writer in Media News on Thursday, 18th June 2026 at 6:28pmHow defamation threats affect newsroom decisions
By Pavithra in Media News on Thursday, 18th June 2026 at 4:42pm
Journalists made to sit on the floor at welfare event in Tamil Nadu, stage sit-in protest
By Meena R. Prashant, Suganthi Marimuthu in Media News on Thursday, 18th June 2026 at 3:37pm
TODAY’S TEN: Muslim representation mapped, Nicobarese resist electoral overhaul and more
By Staff Writer in Media News on Thursday, 18th June 2026 at 3:11pm
4 Square launches ApplianceNews & ScopeAppliance
By Will McLennan in Media News on Thursday, 18th June 2026 at 11:49amUpfront: Hanson’s monocultural bombshell, Press Club protest probe, Anzac graffiti secrecy row.
By Staff Writers in Media News on Thursday, 18th June 2026 at 5:58am
Media news latest