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
"Every chutney has a story": Senior journalist Sudha Tilak's new book finds history and heritage in every spoonful
By Meena R. Prashant in Media News on Monday, 20th July 2026 at 3:00pm
Brisbane talkback station must double ratings
By Staff Writers in Media News on Monday, 20th July 2026 at 7:56am
Upfront: Mining money dries up, Zombie renewables exposed, Rare-earths investment squeeze.
By Staff Writers in Media News on Monday, 20th July 2026 at 6:02am
Insider: Audience-first focus for Healy’s In The Blink of AI show
By Will McLennan in Media News on Monday, 20th July 2026 at 11:45amBombay High Court denies interim relief to journalist Gurbir Singh
By Pavithra A in Media News on Friday, 17th July 2026 at 8:45pm
Rahul Kanwal awarded Honorary Fellowship by Cardiff University
By Staff Writer in Media News on Friday, 17th July 2026 at 6:57pm
Veteran journalist Janak Raj Singh passes away
By Staff Writer in Media News on Friday, 17th July 2026 at 6:37pm
Media news latest