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Dec 13, 2017

‘A vision of the future’: Bauer’s fading fortunes signal an industry in peril

Amid a slew of magazine closures, the German giant is showing that it doesn't know how to transplant its publishing model to the "baffling" Australian market.

Emily Watkins — Media reporter

Emily Watkins

Media reporter

Barely a month goes by without news of more redundancies, more magazine closures, more restructures at the once-great owner of Australia’s most well-known and prestigious magazines, ACP Magazines. German publisher Bauer Media bought out ACP from Nine Entertainment in 2012, ending an era for locally owned magazine publishing in Australia.


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5 thoughts on “‘A vision of the future’: Bauer’s fading fortunes signal an industry in peril

  1. AR

    A small(ish) point unaddressed by those lamenting the death of print magazines is the aksha, y’know, drebbige churned out.
    The world will be a better place without the titles mentioned in this article weighing down the groaning shelves of most struggling newsagents.

  2. Daniel

    Who cares? Obviously nobody

  3. Teddy

    I care Daniel and AR… I’m probably alone I know, certainly amongst those who comment on Crikey endlessly celebrating the “death of print” while making snide comments to signal their intellectual superiority over the unwashed masses who once read supermarket magazines. But I feel for all those people once employed in the industry (yes, I was one). In its heyday, print (newspapers and magazines) employed many thousands of writers, editors, graphic artists, support staff, industry professionals as well as skilled labour involved in production and distribution, and supported another layer of retailers and associated industries. All those people had families. All those companies were local, employed local people and paid taxes.
    All gone, or at least fast vanishing. Replaced by two huge American multinationals, Facebook and Google, two of the most aggressively capitalist overlords we’ve ever seen – ever. Who appear to imply almost no one in this country pay no tax anywhere…

    But who cares?

    1. Teddy

      “employ” of course…

  4. Teddy

    And now that I feel calmer – thank you Emily for that story about one of my former employers (under its previous owner). Its refreshing to see a Crikey story about print which isn’t gloating about its demise – I even seem to detect a hint of sympathy for those about to be thrown out of work? (I may be wrong there…)