Are Media Explained

Parent:Mercury Capital
Founded:1936
Predecessor:Sydney Newspapers
Australian Associated Newspapers
Australian Consolidated Press
Bauer Media Group
Pacific Magazines
Founder:Frank Packer
Publications:Magazines, books
Country:Australia
Headquarters:Park Street, Sydney

Are Media is an Australian media company. It was formed after the 2020 purchase of the assets of Bauer Media Australia, which had in turn acquired the assets of Pacific Magazines, AP Magazines and Australian Consolidated Press (ACP) during the 2010s. It is owned by the Sydney investment firm Mercury Capital.

History

Australian Consolidated Press

Consolidated Press was formed in 1936, combining ownership of The Daily Telegraph and Frank Packer's Australian Women's Weekly. It was renamed Australian Consolidated Press (ACP) in 1957, and acquired The Bulletin in 1960.[1]

The Daily Telegraph was sold to News Limited in 1972; the same year ACP founded Cleo and took over Publishers Holdings (including Australian House & Garden, Wheels, and others).[2] [3] Two years later, Frank Packer died, and his son Kerry took over the company.

In 1988, ACP acquired John Fairfax's magazines (including Woman's Day, People, Dolly, and Good Housekeeping).

In 1994, ACP merged with the Nine Network to form Publishing & Broadcasting Limited. In 2000, Australian Consolidated Press was rebranded ACP Magazines.[4]

In 1999, PBL acquired Crown Limited, and in 2002, it combined ACP and Nine into a new division, PBL Media. CVC Capital Partners acquired PBL Media in 2007.

In 2011, ACP sold its magazines in Singapore, Malaysia and Indonesia to Singapore Press Holdings.[5]

Pacific Magazines

See main article: Pacific Magazines. Pacific Magazines was a magazine publisher operating in Australia, owned by Seven West Media. It was acquired by Bauer Media Australia in April 2020.[6] In June 2020, Mercury Capital acquired Pacific Magazines as part of its purchase of Bauer's former Australian and New Zealand assets.[7] [8]

Bauer Media Australia and New Zealand

In September 2012, Nine Entertainment announced that it had agreed to sell ACP Magazines to the German multinational publishing company Bauer Media for an estimated A$500 million, with the sale completed on 1 October 2012.[9] [10] [11] ACP was rebranded as Bauer Media Australia.

The publisher had many tie-ins with other Nine Entertainment Co. companies, such as Nine Network programs (Burke's Backyard and Good Medicine) and the Magshop web service, which is now operated by Bauer Media Group.

In October 2019, Bauer agreed terms to purchase Pacific Magazines from Seven West Media.[12] The transaction was completed in May 2020 after the Australian Competition & Consumer Commission cleared the sale.[13] [14] [15]

In April 2020, several titles temporarily ceased publication due to the onset of the COVID-19 pandemic.[16]

Mercury Capital

In June 2020, the Sydney investment firm Mercury Capital purchased Bauer Media's Australian and New Zealand print and digital assets covering women's entertainment and lifestyle; fashion, beauty and health; food; and the motoring and trader lifestyle categories. Some New Zealand brands acquired by Mercury Capital included the New Zealand Woman's Weekly, the New Zealand Listener, and North and South.[17] [18] Notable Australian assets acquired by the company include Woman's Day, The Australian Women's Weekly, Rolling Stone Australia, Cleo, Dolly, and Pacific Magazines.[19] [20] [7]

In mid-July 2020, Mercury Capital announced that it would resume publishing several former Bauer titles including Woman's Day, the New Zealand Woman's Weekly, The Australian Women's Weekly NZ, home category magazine Your Home & Garden, current affairs weekly New Zealand Listener, Air New Zealand's in-flight magazine Kia Ora, the Property Press, and the websites Now to Love, Homes to Love and Beauty Heaven.[21] [22] [23] However, Mercury Capital closed down several publications including NW and Good Health, and the Australian editions of Elle, Harper's Bazaar, InStyle, Men's Health, OK!, Women's Health.[24] [25] [26] In addition, Mercury Capital sold the New Zealand titles Metro to independent publisher Simon Chesterman and North & South to independent publishers Konstantin Richter and Verena Friederike Hasel respectively.

In late September 2020, Bauer Media Australia was rebranded as Are Media.[27] As part of the rebrand and relaunch, the company's CEO Brendon Hill confirmed that Are Media would be relaunching several titles including the New Zealand Woman's Weekly, New Zealand Listener, Woman's Day, The Australian Women's Weekly, Your Home and Garden, and Air New Zealand's inflight magazine Kia Ora.[28] [29]

In late June 2023, Are Media partnered with New Zealand media company NZME to launch an online version of the New Zealand Listener called "Listener.co.nz." The website is hosted on The New Zealand Herald website and features exclusive digital content.[30]

Brands

Entertainment and lifestyle/health

Fashion and beauty

Homes

Food

Parenting

Auto

New Zealand

External links

Notes and References

  1. News: Sharp . Annette . The birth of a media empire . 27 April 2021 . The Daily Telegraph. Sydney . 3 August 2012 . https://web.archive.org/web/20201015220904if_/https://www.dailytelegraph.com.au/the-birth-of-a-media-empire/news-story/281f8d64aafcf5a713191fe51420f6f0?sv=71c6b88b21234ffb189b51d57b6bf93a . 15 October 2020. live.
  2. Web site: Publishers board sits on the fence . . 11 July 1972. 15 September 2012.
  3. Web site: Thomson gives up Publishers . . 18 July 1972. 15 September 2012.
  4. News: Hicks . Robin . ACP to rebrand as Bauer Media . 30 September 2020 . . 26 October 2012 . https://web.archive.org/web/20200820195337/https://mumbrella.com.au/acp-to-rebrand-as-bauer-media-123068 . 20 August 2020. live.
  5. Web site: Smith . Erin . Nine sells ACP Asia mags . Ad News . 30 September 2020 . https://web.archive.org/web/20170215032519/http://www.adnews.com.au/adnews/nine-sells-acp-asia-mags . 15 February 2017 . 2 November 2011 . live.
  6. News: Kelly . Vivienne . Bauer Media given all clear to acquire Seven West Media's Pacific Magazines . 3 September 2020 . Mumbrella . 26 March 2020 . https://web.archive.org/web/20200619062007/https://mumbrella.com.au/bauer-media-given-all-clear-to-acquire-seven-west-medias-pacific-magazines-622640 . 19 June 2020. live.
  7. News: Kelly . Vivienne . Bauer Media sold to Mercury Capital . 3 September 2020 . . 17 June 2020 . https://web.archive.org/web/20200818074125/https://mumbrella.com.au/bauer-media-sold-to-mercury-capital-631446 . 18 August 2020. live.
  8. Web site: About Us . Are Media . 29 April 2021 . https://web.archive.org/web/20210310034239/https://www.aremedia.com.au/about-us/ . 10 March 2021.
  9. Web site: Nine Entertainment to sell ACP Magazines to Bauer Media Group . ACP Magazines . 5 September 2012 . 15 September 2012 . dead . https://web.archive.org/web/20120909113518/http://www.acpmagazines.com.au/Website/nine-entertainment-to-sell-acp-magazines-to-bauer-media-group.htm . 9 September 2012 .
  10. News: Kruger . Colin . Bauer takes control of ACP . 4 September 2020 . . 2 October 2012 . https://web.archive.org/web/20200904085229/https://www.smh.com.au/business/bauer-takes-control-of-acp-20121001-26vg2.html . 4 September 2020. live.
  11. News: Experts welcome Bauer takeover of ACP . 4 September 2020 . . . 5 September 2012 . https://web.archive.org/web/20200904085537/https://finance.nine.com.au/business-news/experts-welcome-bauer-takeover-of-acp/532b1327-56e6-47a0-9c84-800c7a0b6953 . 4 September 2020. live.
  12. Web site: Agreement to sell Pacific Magazines . . 30 September 2020 . https://web.archive.org/web/20200308221245/https://www.sevenwestmedia.com.au/assets/pdfs/191021-Agreement-to-sell-Pacific-Magazines.pdf . 8 March 2020 . 21 October 2019 . live.
  13. Web site: Bauer Media Pty Limited – Pacific Magazines Pty Ltd . . 30 September 2020 . https://web.archive.org/web/20200929185914/https://www.accc.gov.au/public-registers/mergers-registers/public-informal-merger-reviews/bauer-media-pty-limited-pacific-magazines-pty-ltd . 26 March 2020 . 29 September 2020 . live.
  14. News: Kelly . Vivienne . Bauer Media given all clear to acquire Seven West Media's Pacific Magazines . 30 September 2020 . . 26 March 2020 . https://web.archive.org/web/20200619062007/https://mumbrella.com.au/bauer-media-given-all-clear-to-acquire-seven-west-medias-pacific-magazines-622640 . 19 June 2020. live.
  15. Web site: SWM completes sale of Pacific Magazines to Bauer . . 30 September 2020 . https://web.archive.org/web/20200929085415/https://www.asx.com.au/asxpdf/20200501/pdf/44hgth1bftxnj6.pdf . 29 September 2020 . 1 May 2020 . live.
  16. News: Meade . Amanda . Bauer Media suspends printing of 'certain' magazines and lays off 140 staff amid coronavirus fallout . 30 September 2020 . The Guardian. London . 29 April 2020 . https://web.archive.org/web/20200501141513/https://www.theguardian.com/media/2020/apr/29/australian-womens-weekly-publisher-bauer-media-suspends-printing-of-certain-titles-and-lays-off-140-staff-amid-coronavirus-fallout . 1 May 2020. live.
  17. News: Bauer Media NZ bought by Australian investment company . 18 June 2020 . . 17 June 2020 . https://web.archive.org/web/20200618055702/https://www.rnz.co.nz/news/business/419186/bauer-media-nz-bought-by-australian-investment-company . 18 June 2020.
  18. News: Edmunds . Susan . Bauer magazines sold to private equity firm . 18 June 2020 . Stuff. New Zealand . 17 June 2020 . https://web.archive.org/web/20200618055742/https://www.stuff.co.nz/business/300036475/bauer-magazines-sold-to-private-equity-firm . 18 June 2020.
  19. Web site: Kelly . Vivienne . Bauer has left the building. What next for magazines in Australia? . . 30 June 2020. live. https://web.archive.org/web/20200818003620/https://mumbrella.com.au/bauer-has-left-the-building-what-next-for-magazines-in-australia-631475. 18 August 2020.
  20. News: Whyte . Jemina . Magazine buyer writes new story . 17 July 2020 . . 19 June 2020 . https://web.archive.org/web/20200623122126/https://www.afr.com/companies/media-and-marketing/magazine-buyer-writes-new-story-20200619-p55499 . 23 June 2020. live.
  21. News: Edmunds. Susan. The Listener and other Bauer mags return – some may be gone for good . Stuff. New Zealand . 17 July 2020. https://web.archive.org/web/20200717083047/https://www.stuff.co.nz/business/300059656/the-listener-and-other-bauer-mags-return--some-may-be-gone-for-good. 17 July 2020.
  22. News: Bauer resumes publishing of The Listener and NZ Woman's Weekly after Mercury Capital takes over . 17 July 2020 . . 17 July 2020.
  23. News: Bauer Media Aust & NZ fire sale to Mercury Capital completes . 17 July 2020 . . 17 July 2020 . https://web.archive.org/web/20200717085933/https://www.mediaweek.com.au/bauer-media-aust-nz-fire-sale-to-mercury-capital-completes/ . 17 July 2020.
  24. News: Meade . Amanda . Australia's magazine industry in crisis as Bauer Media folds seven titles . 30 September 2020 . The Guardian. London . 6 May 2020 . https://web.archive.org/web/20200804021819/https://www.theguardian.com/media/2020/may/06/australia-magazine-industry-in-crisis-as-bauer-media-folds-seven-titles-pacific-magazines . 4 August 2020. live.
  25. News: Meade . Amanda . Mercury Capital axes eight former Bauer magazines, including Harper's Bazaar, Elle and Men's Health . 2 September 2020 . The Guardian. London . 20 July 2020 . https://web.archive.org/web/20200827050944/https://www.theguardian.com/media/2020/jul/21/bauer-media-australia-axes-eight-magazines-including-harpers-bazaar-elle-and-mens-health . 27 August 2020. live.
  26. News: Doyle . Michael . InStyle, Elle, Women's Health, Men's Health among Australian magazines axed by Bauer Media . 30 September 2020 . ABC News. Australia . 21 July 2020 . https://web.archive.org/web/20200811093817if_/https://www.abc.net.au/web/20200811093817/https://www.abc.net.au/news/2020-07-21/elle-womens-health-ok-instyle-magazines-axed-by-bauer/12478658 . 11 August 2020. live.
  27. News: Blackiston . Hannah . Bauer Media rebrands as Are Media . 30 September 2020 . . 28 September 2020 . https://web.archive.org/web/20200929090401/https://mumbrella.com.au/bauer-media-rebrands-as-are-media-representing-its-key-foundations-of-audience-reach-and-engagement-644366 . 29 September 2020.
  28. News: Rebrand and Relaunch: Australasia's Bauer Media now titled Are Media . 30 September 2020 . StopPress . 28 September 2020. live. https://web.archive.org/web/20200930075909/https://stoppress.co.nz/news/rebrand-and-relaunch-australias-bauer-media-now-titled-are-media/. 30 September 2020.
  29. News: 'Are Media marks new era for Australasia's leading content and experiences company' . 30 September 2020 . Voxy.co.nz . 28 September 2020 . https://web.archive.org/web/20200930035049/http://www.voxy.co.nz/business/5/374251 . 30 September 2020. live.
  30. Web site: NZME teams up with Are Media to launch Listener.co.nz . . 14 February 2024 . https://web.archive.org/web/20230805053633/https://www.nzme.co.nz/news/nzme-teams-up-with-are-media-to-launch-listener-co-nz/ . 5 August 2023 . 30 June 2023 . live.
  31. Web site: Brands . Are Media . 27 April 2021 . live. https://web.archive.org/web/20200929184234/https://www.aremedia.com.au/brands/ . 29 September 2020 .
  32. Web site: Are Media 2021 Media Kit . Are Media New Zealand . 27 April 2021 . November 2020 . https://web.archive.org/web/20210428035048/https://www.aremedia.com.au/wp-content/uploads/2020/11/Are-Media-2021-Media-Kit.pdf. 28 April 2021. live.

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