Media

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.

The Bauer family's investment was greeted with something of a sigh of relief from many staffers -- a fifth-generation family of printers, with ink in their veins, promising investment and innovation in the glossies, which included the Australian Women's Weekly, Rolling Stone, Dolly and Cleo.

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