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
CPC condemns TVK over ‘defamatory’ posts against journalists
By Staff Writer in Media News on Wednesday, 04th March 2026 at 8:27pm
Media faces hostility at Jantar Mantar protest
By Staff Writer in Media News on Wednesday, 04th March 2026 at 7:57pm
FOURTH RIGHT: Accreditation or control? Arunachal’s media reset raises the right questions
By Pragadish Kirubakaran in Media News on Wednesday, 04th March 2026 at 3:42pm
Case filed against journalist Piyush Rai over Holi video
By Staff Writer in Media News on Wednesday, 04th March 2026 at 3:04pm
After UX, the newsroom feels different: Riya Baibhawi on journalism’s clutter problem
By Pragadish Kirubakaran in Media News on Wednesday, 04th March 2026 at 2:39pm
IIMCAA announces winners of 10th Alumni Awards
By Staff Writer in Media News on Wednesday, 04th March 2026 at 12:55pm
Hague raises the bat for 50 years
By Will McLennan in Media News on Wednesday, 04th March 2026 at 11:48amMedia news latest
Marcoms news latest