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
Pratyush Khare to host Taal Thok Ke and Deshhit on Zee News prime time
By Staff Writer in Media News on Thursday, 02nd April 2026 at 10:00pm
NDTV achieves digital hat-trick with three channels topping YouTube rankings
By Staff Writer in Media News on Thursday, 02nd April 2026 at 9:58pm
FOURTH RIGHT: Journalism in times of crisis
By Pradeep Damodaran in Media News on Thursday, 02nd April 2026 at 4:52pm
TODAY’S TEN: Hyderabad Police deploy AI for vigilance; Oracle cuts hit India staff
By Meena R. Prashant in Media News on Thursday, 02nd April 2026 at 4:03pm
JBCN Education appoints The Other Circle to lead strategic communications
By Staff Writer in Media News on Thursday, 02nd April 2026 at 2:05pm
Anil Ambani files defamation case against Arnab Goswami and Republic TV
By Staff Writer in Media News on Thursday, 02nd April 2026 at 1:54pm
KUWJ announces 2024 Journalism Awards
By Meena R. Prashant in Media News on Thursday, 02nd April 2026 at 1:39pm
Media news latest
Marcoms news latest