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
Women’s rights activist Sonya Gill dies at 70
By Staff Writer in Media News on Thursday, 27th August 2026 at 8:57pmTVJA Dahi Handi Pathak showcases unity and sportsmanship
By Meena R. Prashant in Media News on Thursday, 27th August 2026 at 6:42pm
TODAY’S TEN: SC judge alleges corruption in Rajasthan HC, 157 killed in Nepal floods and more
By Staff Writer in Media News on Thursday, 27th August 2026 at 3:41pm
Jharkhand's new hospital rules put press freedom back in the spotlight
By Meena R. Prashant in Media News on Thursday, 27th August 2026 at 3:18pm
GJWA Celebrates Second Anniversary With Media Mitra Award 2026
By Staff writer in Media News on Thursday, 27th August 2026 at 2:56pm
Upfront: Secret commuter levy, Rate rise looms, Visa crackdown coming.
By Staff Writers in Media News on Thursday, 27th August 2026 at 6:02am
Experts Highlight Role of Science Journalism in Building an Informed Society
By Staff writer in Media News on Wednesday, 26th August 2026 at 9:15pm
Media news latest
Marcoms news latest