ACP raises a stein after Bauer buyout confirmed

  • Media
  • September 6, 2012
  • Ben Fahy
ACP raises a stein after Bauer buyout confirmed

Ze Germans are coming. Nine Entertainment Network has sold ACP Media to privately-owned German publishing house Bauer for a reported $500 million. 

The internal memo about the sale went out late last night and ACP chief executive Paul Dyzkeul was about to address the staff when we called. He says it's an "overwhelmingly positive" outcome for ACP as it removes the shackles of private equity ownership and puts it in the hands of a company that has a history of investing heavily in media brands. 

It will also mean ACP's partnership with MSN NZ, which is still owned by Nine, is now not part of the deal, which could free the company up to do more of their own digital thing. 

According to the Sydney Morning Herald, "the sale is expected to close in the next four to eight weeks, with both parties declining to declare the purchase price." 

Bauer is based in Hamburg and publishes titles including Closer, Grazia, Heat and Zoo in Britain and First for Women and Woman's World in the US.

ACP publishes about 85 audited titles, including The Australian Women's Weekly, Woman's Day, North & South and Metro.

According to the Australian, Nine's owner, private equity firm CVC Asia Pacific, has been looking to "offload the publisher for more than a year in order to raise cash to pay down its debt, with $2.8 billion in senior debt needing to be repaid or refinanced by February". 

This is a community discussion forum. Comment is free but please respect our rules:

  1. Don’t be abusive or use sweary type words
  2. Don’t break the law: libel, slander and defamatory comments are forbidden
  3. Don’t resort to name-calling, mean-spiritedness, or slagging off
  4. Don’t pretend to be someone else.

If we find you doing these things, your comments will be edited without recourse and you may be asked to go away and reconsider your actions.
We respect the right to free speech and anonymous comments. Don’t abuse the privilege.

Whittaker's divides the court of public opinion – but all for a good cause

  • Advertising
  • February 22, 2019
  • Caitlin Salter
Whittaker's divides the court of public opinion – but all for a good cause

On Monday, Whittaker’s launched its latest novelty chocolate-lolly mash up with a chocolatey answer to retro bakesale treat coconut ice. The Coconut Ice Surprise chocolate has a twist though, 20c from each block goes to Plunket – a charity which New Zealanders agree is a worthy cause. However, to relate the chocolate to the charity, Whittaker's has built the campaign around baby gender reveal parties, causing a backlash from the public who argue gender norms have expanded beyond blue for boys and pink for girls.

Read more
Next page
Results for

StopPress provides essential industry news and intelligence, updated daily. And the digital newsletter delivers the latest news to your inbox twice a week — for free!

©2009–2019 ICG Media. All rights reserved.
Use of this site constitutes acceptance of our Privacy policy.


Contact Vernene Medcalf at +64 21 628 200 to advertise in StopPress.

View Media Kit