PacMags sale to Bauer Media OK’d
By Jonas Lopez in Media News on Thursday, 26th March 2020 at 5:29pmBauer 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
Freelance journalists attacked in Delhi
By Neeraja Gopalakrishnan in Media News on Friday, 17th October 2025 at 9:10pm
SC relief to Telangana women journalists
By Staff Writer in Media News on Friday, 17th October 2025 at 9:04pm
Journalist’s anticipatory bail plea rejected in extortion case
By Staff Writer in Media News on Friday, 17th October 2025 at 8:59pm
ABP Network launches new entertainment vertical, BAE
By Staff writer in Media News on Friday, 17th October 2025 at 8:05pm
Senior journalist Rajendra Singh Chauhan dies in Jaisalmer bus fire
By Staff Writer in Media News on Friday, 17th October 2025 at 6:19pm
Teacher loses cool, beats journalist who questioned students skipping class
By Staff Writer in Media News on Friday, 17th October 2025 at 6:17pm
TODAY'S TEN: Trump claims and MEA's counterclaims continue, this time on Russian oil
By Pradeep Damodaran, Pragadish Kirubakaran, Meena R Prashant and Neeraja Gopalakrishnan in Media News on Friday, 17th October 2025 at 4:13pm
Media news latest



Marcoms news latest


