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
Tanzil Asif joins elite Knight‑Wallace Fellows, spotlighting rural journalism
By Meena R. Prashant in Media News on Thursday, 21st May 2026 at 3:05pm
TODAY’S TEN: Telangana bonded labour shock, China squeezes Indian supply chains and more
By Staff Writer in Media News on Thursday, 21st May 2026 at 2:32pm
Veteran journalist Pradip Chakraborty’s demise an 'end of an era'
By Staff Writer in Media News on Thursday, 21st May 2026 at 2:19pm
Journalist attacked in Thiruvarur after accused mistook him for another reporter
By Pavithra in Media News on Thursday, 21st May 2026 at 1:31pm
Insider: LinkedIn, phone calls and homework:Griffin’s pitching advice
By Will McLennan in Media News on Thursday, 21st May 2026 at 11:45amSmall media fear getting screwed by social slush fund
By Staff Writers in Media News on Thursday, 21st May 2026 at 7:44am
Upfront: Labor tax blow-up, Bonds scream debt, PM faces Alice Springs.
By Staff Writers in Media News on Thursday, 21st May 2026 at 5:58am
Media news latest
Marcoms news latest