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
Journalist Unions slam former Andhra CM over remarks on media
By Staff Writer in Media News on Tuesday, 07th April 2026 at 7:43pm
HPU journalism students meet Himachal CM, discuss education reforms
By Staff Writer in Media News on Tuesday, 07th April 2026 at 7:41pm
Approach Communications bags DigiFest 2026 PR mandate
By Staff Writer in Media News on Tuesday, 07th April 2026 at 7:36pm
TODAY’S TEN: Sathankulam case verdict, CAG’s stark warning on J&K lakes and more
By Meena R. Prashant in Media News on Tuesday, 07th April 2026 at 2:54pm
FOURTH RIGHT: PM wants a review of "journalism syllabus"
By Pradeep Damodaran in Media News on Tuesday, 07th April 2026 at 2:33pm
Lizzie's Winners 2026, Smriti Mallapaty - Best Science Journalist
By Will McLennan in Media News on Tuesday, 07th April 2026 at 1:14pm
Media news latest
Marcoms news latest