Pacific Magazines Explained

Pacific Magazines
Industry:Magazine Publishing
Owner:Mercury Capital

Pacific Magazines was a magazine publisher operating in Australia owned by Seven West Media. In March 2020, it was acquired by Bauer Media Australia in April 2020.[1] In June 2020, Mercury Capital acquired Pacific Magazines as part of its purchase of Bauer's former Australian and New Zealand assets.[2]

History

Pacific published leading titles including Australia's best selling magazine Better Homes & Gardens, Women's Health, Men's Health, New Idea, Who, and the nation's leading fashion brand Marie Claire.

It has it roots in the Southdown Press, the publishers of New Idea and long owned by the Murdoch family. When News Corp Australia acquired the Herald & Weekly Times in 1987, the Australasian and Argus titles (Australasian Post, Home Beautiful, Your Garden) were added. Rupert Murdoch spun off his Australian magazine holdings in 1991 into a new company, Pacific Magazines and Printing (PMP).

Seven West Media acquired Pacific Magazines in 2002, leaving PMP as solely a printing business. Two years later, Seven bought Murdoch Magazines, a former corporate sibling in News Corp Australia, from Matt Handbury.[3]

In 2016, Pacific Magazines took its digital assets back from Yahoo7 and subsequently launched multiple digital products across Fashion, Entertainment and Home & Food.[4]

In 2017, Pacific unveiled its all new "premium user experience" digital offerings for Marie Claire and Women's Health.[5] This was subsequently rolled across their digital network including Who, InStyle, Men's Health, Home Beautiful, New Idea, Better Homes & Gardens, Girlfriend and New Idea Food.

In October 2019 Seven West Media announced, that subject to gaining Australian Competition & Consumer Commission approval, it had agreed to sell Pacific Magazines to Bauer Media Australia.[6] The sale was completed in May 2020.[7] In June 2020, Bauer Media Australia including Pacific Magazines was sold to Mercury Capital.

Publications

Anime

Fashion & Beauty

Entertainment

Home & Food

Previous titles

External links

Notes and References

  1. 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.
  2. 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.
  3. News: 0312-6315. Seven Network's Pacific Publications buys Murdoch Magazines. Sydney Morning Herald. 12 April 2015. 12 July 2004. 24 September 2015. https://web.archive.org/web/20150924141656/http://www.smh.com.au/articles/2004/07/12/1089484283070.html?from=storylhs. live.
  4. Pacific Magazines Takes Back Digital Assets from Yahoo7. B&T Magazine. 4 November 2017. 7 November 2017. https://web.archive.org/web/20171107012648/http://www.bandt.com.au/media/pacific-magazines-yahoo7-partnership. live.
  5. News: Pacific Magazines revamps marieclaire.com.au . Mumbrella. live. https://web.archive.org/web/20190417182044/https://mumbrella.com.au/its-about-the-quality-and-experience-pacific-mags-revamps-marieclaire-com-au-473973. 17 April 2019.
  6. News: Blackiston . Hannah . Seven West Media agrees to sell Pacific to Bauer Media for $40m . 3 September 2020 . . 21 October 2019 . https://web.archive.org/web/20200819053412/https://mumbrella.com.au/seven-west-media-agrees-to-sell-pacific-to-bauer-media-for-40m-603212 . 19 August 2020. live.
  7. https://web.archive.org/web/20200929085415/https://www.asx.com.au/asxpdf/20200501/pdf/44hgth1bftxnj6.pdf SWM completes sale of Pacific Magazines to Bauer
  8. News: Miranda Ward. Pacific Magazines ceases publication of Prevention, Dec/Jan issue to be its last. 4 September 2016. Mumbrella. 22 August 2016. 23 August 2016. https://web.archive.org/web/20160823174041/https://mumbrella.com.au/pacific-magazines-ceases-publication-prevention-decjan-issue-last-389659. live.
  9. News: Lindsay Bennett. PacMags calls quits on Prevention, closes three magazines. 2 February 2017. AdNews. 22 August 2016. 2 February 2017. https://web.archive.org/web/20170202145643/http://www.adnews.com.au/news/pacmags-calls-quits-on-prevention-closes-three-magazines. live.