PacMags sale to Bauer Media OK’dBy 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 in other media, particularly online publishers, will increasingly compete with Bauer,” the ACCC added.
Bauer Media and Pacific Magazines are aiming to complete the deal by 9 April 2020.
“Pacific Magazines has always been an important part of Seven West Media and will leave a lasting legacy, and I want to personally thank the hard working and dedicated team who have worked tirelessly to transform the business in response to changing market conditions. These efforts mean that Pacific’s assets will have a bright future as part of a larger group with Bauer, and SWM will maintain a relationship through the successful television show Better Homes and Gardens,” said Seven West Media CEO James Warburton.
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Grant joins ABC NewsBy Jonas Lopez in Media News on Friday, 25th September 2020 at 2:10pm
ABC News has enlisted Stan Grant as its new international affairs analyst.
He will be in charge of providing world news commentary and stories for ABC Online, 7.30, Four Corners, audio current affairs, and the nightly TV news.
One news field he will focus on, though, is China, especially the China segment on Thursday night show The World.
“Coronavirus has laid waste to our economies and revealed our fragility at the same time as democracy is in retreat and a more authoritarian China is reshaping global power. I’m really looking forward to drawing on my three decades as a reporter covering the big conflicts and stories of our time and joining the dots of that for Australians,” said Grant.
Bailey joins 2GBBy Jonas Lopez in Media News on Friday, 25th September 2020 at 2:07pm
Former Ten weatherman Tim Bailey is back before the weather screens, this time at 2GB.
He has been tapped to deliver the weather news for Ben Fordham Live and will provide an update during Drive with Jim Wilson.
In a segment on Fordham’s show, Bailey said his redundancy last month from Ten after three decades was an unexpected shock but Fordham and Nine Radio boss Tom Malone called and offered him a job within 20 minutes of the announcement.
“He was such a lovely man. He reached out to me when I’d been treated fairly poorly, and he reached out after knowing me for five minutes and treated me magically,” said Bailey of Malone’s gesture.
Toull says goodbye to ARNBy Jonas Lopez in Media News on Friday, 25th September 2020 at 12:18pm
Ian “Toully” Toull is finally exiting the Australian Radio Network (ARN).
Radioinfo reported that he has marked 30 September as his last day at the ARN Richmond studios in Melbourne. He has been in radio since 1968.
He has had three long stints at the company, totaling at least 20 years. His duties in that space of time include GM of several stations such as 3WM, 3CV, 3SR, and 2DB, and most recently as GM for sales at The Edge96.1 and ARN Melbourne.
Keep in touch with Toull on LinkedIn.
Alberici joins Compare the MarketBy Jonas Lopez in Media News on Friday, 25th September 2020 at 12:16pm
Emma Alberici has signed up with insurance market website Compare the Market Australia, as its new chief strategy, government relations, and communications officer, effective 28 September.
Reporting to CEO Rob Clancy, Alberici will be bringing her expertise from covering the business markets into the equation. She was recently one of the ABC’s 250 redundancies.
“I’m thrilled to be joining a multinational company that remains agile enough to innovate and evolve according to the consumer needs of the regions in which it operates,” said the former Lateline host.
Follow Alberici on Twitter @Albericie.
Silvagni joins AFL Trade RadioBy Jonas Lopez in Media News on Friday, 25th September 2020 at 12:10pm
AFL Trade Radio’s hosting pool will be bolstered with the addition of Stephen Silvagni.
The Sports Entertainment Network revealed that the former Carlton Blues list manager is ready to go on-air when the podcast’s latest season kicks off on 26 October, alongside fresh signee Terry Wallace and mainstays Damian Barrett and Kane Cornes.
Barrett said the entry of the man known on the field as “SOS” was a big coup for Trade Radio, knowing his history of off-season activity.
“There is no one better qualified to offer expert insight and analysis around player movements than SOS. He has masterminded some of the biggest trades and draft picks at both GWS and his beloved Carlton, he knows the people who crunch the deals and we are thrilled that he will join the AFL Trade Radio team this year,” he said.
Barbara’s MansionBy Seamus Byrne in Media News on Friday, 25th September 2020 at 10:56am
Karras joins Herald Sun property teamBy Jonas Lopez in Media News on Thursday, 24th September 2020 at 3:50pm
The Melbourne Herald-Sun has appointed Christina Karras to the Real-Estate team.
She has been with the paper for the past year, working as editorial assistant then casual reporter.Follow Karras on LinkedIn.