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
Upfront: Victoria jobless shock, Labor conference blow-up, New court showdown.
By Staff Writers in Media News on Friday, 24th July 2026 at 5:26am
Wise wins Andrew Olle scholarship
By Will McLennan in Media News on Friday, 24th July 2026 at 7:45amMala Rana Patro honoured for lifetime contribution to journalism
By Suganthi Marimuthu in Media News on Thursday, 23rd July 2026 at 10:44pm
TOI journalists win Press Club Kolkata awards
By Staff Writer in Media News on Thursday, 23rd July 2026 at 10:43pm
Influencing Insider | Shashank Chouhan and Dr Saroj Singh
By Pragadish Kirubakaran in Media News on Thursday, 23rd July 2026 at 4:31pm‘No shortcut to good journalism’, assert Collective Newsroom editors on WAN-IFRA wins
By Pragadish Kirubakaran in Media News on Thursday, 23rd July 2026 at 3:52pm
TODAY’S TEN: Teesta tunnel warnings surface, Adani targets aviation, banks brace for AI-powered cyberattacks
By Staff Writer in Media News on Thursday, 23rd July 2026 at 3:27pm
Media news latest
Marcoms news latest