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
NRI journalist Harjinder Singh Basiala to receive King’s Service Medal
By Staff Writer in Media News on Friday, 02nd January 2026 at 4:35pm
Veteran journalist S. Krishnarao passes away
By Staff Writer in Media News on Friday, 02nd January 2026 at 4:34pm
FOURTH RIGHT: 128 journalists killed in 2025, 553 in prison for doing their job
By Pradeep Damodaran in Media News on Friday, 02nd January 2026 at 4:19pm
Ponguleti clarifies no difference between accreditation and media cards
By Staff Writer in Media News on Friday, 02nd January 2026 at 4:30pm
Veteran sports journalist Gouri Shankar Mitra passes away
By Staff Writer in Media News on Friday, 02nd January 2026 at 4:28pm
HAPPY NEW YEAR!
By Pragadish Kirubakaran in Media News on Thursday, 01st January 2026 at 7:27am
Dumka journalists protest after reporters assaulted
By Staff Writer in Media News on Wednesday, 31st December 2025 at 10:46pm
Media news latest
Marcoms news latest