Rainmaker Group buys Money Magazine
By Jonas Lopez in Media News on Friday, 22nd March 2019 at 11:54am
Finance publication Money Magazine has changed hands from Bauer Media to the Rainmaker Group.
Bauer Media ANZ CEO Paul Dykzeul said the company’s focus on specific consumer brands warranted letting go of others such as Money, which had been in the Bauer stable for 20 years. Rainmaker is setting up Money under its Financial Standard media umbrella.
Bauer Media’s last issue of Money will be for April 2019. Current Money editor Effie Zahos stays on with Bauer as its finance editor and financial literacy advocate, but magazine chairman and chief commentator Paul Clitheroe will shift to Rainmaker. Zahos aid with the transition effort alongside deputy editor Maria Bekiaris. Bekiaris, however, is exiting Bauer after the transition; she had been with the magazine since F...
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