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
KUWJ seeks Kerala government's intervention over Zee Malayalam layoffs
By Meena R. Prashant in Media News on Monday, 29th June 2026 at 3:40pm
TODAY’S TEN: Monsoon deficit deepens, 700-crore medical procurement scam busted and more
By Staff Writer in Media News on Monday, 29th June 2026 at 2:55pm
The race to be first is leaving stories half told
By Pavithra in Media News on Monday, 29th June 2026 at 2:17pm
The reel economy is rewriting journalism
By Suganthi Marimuthu in Media News on Monday, 29th June 2026 at 1:31pm
Inside the fight against science misinformation
By Will McLennan in Media News on Monday, 29th June 2026 at 11:47amEXCLUSIVE: AFR shifts reporters onto tech desk
By Phil Sim in Media News on Monday, 29th June 2026 at 7:52am
Media news latest
Marcoms news latest