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Are Media

From Wikipedia, the free encyclopedia
(Redirected fromACP Magazines)
Australian media company

Are Media
Parent companyMercury Capital
PredecessorSydney Newspapers
Australian Associated Newspapers
Australian Consolidated Press
Bauer Media Group
Pacific Magazines
Founded1936
FounderFrank Packer
Country of originAustralia
Headquarters locationPark Street, Sydney
Publication typesMagazines, books
Official websitearemedia.com.au

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

History

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Australian Consolidated Press

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Consolidated Press was formed in 1936, combining ownership ofThe Daily Telegraph andFrank Packer'sAustralian Women's Weekly. It was renamed Australian Consolidated Press (ACP) in 1957, and acquiredThe Bulletin in 1960.[1]

The Daily Telegraph was sold toNews Limited in 1972; the same year ACP foundedCleo and took over Publishers Holdings (includingAustralian House & Garden,Wheels, and others).[2][3] Two years later, Frank Packer died, and his sonKerry took over the company.[citation needed]

In 1988, ACP acquiredJohn Fairfax's magazines (includingWoman's Day,People,Dolly, andGood Housekeeping).[citation needed]

In 1994, ACP merged with theNine Network to formPublishing & Broadcasting Limited. In 2000, Australian Consolidated Press was rebranded ACP Magazines.[4]

In 1999, PBL acquiredCrown Limited, and in 2002, it combined ACP and Nine into a new division,PBL Media.CVC Capital Partners acquired PBL Media in 2007.[citation needed]

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

Pacific Magazines

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Main article:Pacific Magazines

Pacific Magazines was a magazine publisher operating in Australia, owned bySeven 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

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Further information:Bauer Media Group

In September 2012,Nine Entertainment announced that it had agreed to sell ACP Magazines to the German multinational publishing companyBauer 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.[4]

Bauer Media Australia sold its computing titlesAPC andTechLife in 2013 toFuture plc.[12]

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

In October 2019, Bauer agreed terms to purchasePacific Magazines fromSeven West Media.[13] The transaction was completed in May 2020 after theAustralian Competition & Consumer Commission cleared the sale.[14][15][16]

In April 2020, several titles temporarily ceased publication due to the onset of theCOVID-19 pandemic.[17]

Mercury Capital

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In June 2020, the Sydney investment firmMercury 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 theNew Zealand Woman's Weekly, theNew Zealand Listener, andNorth and South.[18][19] Notable Australian assets acquired by the company includeWoman's Day,The Australian Women's Weekly,Rolling Stone Australia,Cleo,Dolly, andPacific Magazines.[20][21][7]

In mid-July 2020, Mercury Capital announced that it would resume publishing several former Bauer titles includingWoman's Day, theNew Zealand Woman's Weekly,The Australian Women's Weekly NZ, home category magazineYour Home & Garden, current affairs weeklyNew Zealand Listener,Air New Zealand's in-flight magazineKia Ora, theProperty Press, and the websitesNow to Love,Homes to Love andBeauty Heaven.[22][23][24] However, Mercury Capital closed down several publications includingNW andGood Health, and the Australian editions ofElle,Harper's Bazaar,InStyle,Men's Health,OK!,Women's Health.[25][26][27] In addition, Mercury Capital sold the New Zealand titlesMetro to independent publisher Simon Chesterman andNorth & South to independent publishers Konstantin Richter and Verena Friederike Hasel respectively.[22][23]

In late September 2020, Bauer Media Australia was rebranded as Are Media.[28] As part of the rebrand and relaunch, the company's CEO Brendon Hill confirmed that Are Media would be relaunching several titles including theNew 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 magazineKia Ora.[29][30]

In late June 2023, Are Media partnered with New Zealand media companyNZME to launch an online version of theNew Zealand Listener called "Listener.co.nz." The website is hosted onThe New Zealand Herald's website and features exclusive digital content.[31]

Brands

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Entertainment and lifestyle/health

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Fashion and beauty

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Homes

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Food

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Parenting

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Auto

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New Zealand

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References

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  1. ^Sharp, Annette (3 August 2012)."The birth of a media empire".The Daily Telegraph. Sydney.Archived from the original on 15 October 2020. Retrieved27 April 2021.
  2. ^"Publishers board sits on the fence".The Sydney Morning Herald. 11 July 1972. Retrieved15 September 2012.
  3. ^"Thomson gives up Publishers".The Sydney Morning Herald. 18 July 1972. Retrieved15 September 2012.
  4. ^abHicks, Robin (26 October 2012)."ACP to rebrand as Bauer Media".Mumbrella.Archived from the original on 20 August 2020. Retrieved30 September 2020.
  5. ^Smith, Erin (2 November 2011)."Nine sells ACP Asia mags". Ad News.Archived from the original on 15 February 2017. Retrieved30 September 2020.
  6. ^Kelly, Vivienne (26 March 2020)."Bauer Media given all clear to acquire Seven West Media's Pacific Magazines".Mumbrella.Archived from the original on 19 June 2020. Retrieved3 September 2020.
  7. ^abKelly, Vivienne (17 June 2020)."Bauer Media sold to Mercury Capital".Mumbrella.Archived from the original on 18 August 2020. Retrieved3 September 2020.
  8. ^"About Us". Are Media. Archived fromthe original on 10 March 2021. Retrieved29 April 2021.
  9. ^"Nine Entertainment to sell ACP Magazines to Bauer Media Group". ACP Magazines. 5 September 2012. Archived fromthe original on 9 September 2012. Retrieved15 September 2012.
  10. ^Kruger, Colin (2 October 2012)."Bauer takes control of ACP".The Sydney Morning Herald.Archived from the original on 4 September 2020. Retrieved4 September 2020.
  11. ^"Experts welcome Bauer takeover of ACP".Nine News.Australian Associated Press. 5 September 2012.Archived from the original on 4 September 2020. Retrieved4 September 2020.
  12. ^Christensen, Nic (16 August 2013)."Bauer culls 10 per cent of ad team and sells two titles".Mumbrella. Retrieved20 December 2018.
  13. ^"Agreement to sell Pacific Magazines"(PDF).Seven West Media. 21 October 2019.Archived(PDF) from the original on 8 March 2020. Retrieved30 September 2020.
  14. ^"Bauer Media Pty Limited – Pacific Magazines Pty Ltd".Australian Competition & Consumer Commission. 26 March 2020.Archived from the original on 29 September 2020. Retrieved30 September 2020.
  15. ^Kelly, Vivienne (26 March 2020)."Bauer Media given all clear to acquire Seven West Media's Pacific Magazines".Mumbrella.Archived from the original on 19 June 2020. Retrieved30 September 2020.
  16. ^"SWM completes sale of Pacific Magazines to Bauer"(PDF).Seven West Media. 1 May 2020.Archived(PDF) from the original on 29 September 2020. Retrieved30 September 2020.
  17. ^Meade, Amanda (29 April 2020)."Bauer Media suspends printing of 'certain' magazines and lays off 140 staff amid coronavirus fallout".The Guardian. London.Archived from the original on 1 May 2020. Retrieved30 September 2020.
  18. ^"Bauer Media NZ bought by Australian investment company".Radio New Zealand. 17 June 2020. Archived fromthe original on 18 June 2020. Retrieved18 June 2020.
  19. ^Edmunds, Susan (17 June 2020)."Bauer magazines sold to private equity firm". New Zealand: Stuff. Archived fromthe original on 18 June 2020. Retrieved18 June 2020.
  20. ^Kelly, Vivienne."Bauer has left the building. What next for magazines in Australia?".Mumbrella.Archived from the original on 18 August 2020. Retrieved30 June 2020.
  21. ^Whyte, Jemina (19 June 2020)."Magazine buyer writes new story".Australian Financial Review.Archived from the original on 23 June 2020. Retrieved17 July 2020.
  22. ^abEdmunds, Susan."The Listener and other Bauer mags return – some may be gone for good". New Zealand: Stuff. Archived fromthe original on 17 July 2020. Retrieved17 July 2020.
  23. ^ab"Bauer resumes publishing of The Listener and NZ Woman's Weekly after Mercury Capital takes over".The New Zealand Herald. 17 July 2020. Retrieved17 July 2020.
  24. ^"Bauer Media Aust & NZ fire sale to Mercury Capital completes".Mediaweek. 17 July 2020. Archived fromthe original on 17 July 2020. Retrieved17 July 2020.
  25. ^Meade, Amanda (6 May 2020)."Australia's magazine industry in crisis as Bauer Media folds seven titles".The Guardian. London.Archived from the original on 4 August 2020. Retrieved30 September 2020.
  26. ^Meade, Amanda (20 July 2020)."Mercury Capital axes eight former Bauer magazines, including Harper's Bazaar, Elle and Men's Health".The Guardian. London.Archived from the original on 27 August 2020. Retrieved2 September 2020.
  27. ^Doyle, Michael (21 July 2020)."InStyle, Elle, Women's Health, Men's Health among Australian magazines axed by Bauer Media". Australia: ABC News.Archived from the original on 11 August 2020. Retrieved30 September 2020.
  28. ^Blackiston, Hannah (28 September 2020)."Bauer Media rebrands as Are Media".Mumbrella. Archived fromthe original on 29 September 2020. Retrieved30 September 2020.
  29. ^"Rebrand and Relaunch: Australasia's Bauer Media now titled Are Media".StopPress. 28 September 2020.Archived from the original on 30 September 2020. Retrieved30 September 2020.
  30. ^"'Are Media marks new era for Australasia's leading content and experiences company'".Voxy.co.nz. 28 September 2020.Archived from the original on 30 September 2020. Retrieved30 September 2020.
  31. ^"NZME teams up with Are Media to launch Listener.co.nz".NZME. 30 June 2023.Archived from the original on 5 August 2023. Retrieved14 February 2024.
  32. ^abcdefghijklmnopqrstuvwxyzaaabacadaeafagahaiajakalamanao"Brands". Are Media.Archived from the original on 29 September 2020. Retrieved27 April 2021.
  33. ^abcdefg"Are Media 2021 Media Kit"(PDF). Are Media New Zealand. November 2020.Archived(PDF) from the original on 28 April 2021. Retrieved27 April 2021.

External links

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