Magazine-media. Bauer Media Australia has acquired Inside Out, Country Style and HomeLife from News Corp Australia to add to its portfolio of homes brands, Real Living, Australian House & Garden, Belle and Homes to Love. Terms were not disclosed. News Corp’s remaining magazine-media interests in Australia are largely centred on food. The deal represents a modest return to portfolio growth for Bauer which acquired the former ACP Magazines from CVC private equity for some A$500m in 2012. Bauer had a turbulent time wrestling with losses and magazine closures. But what remains Australia’s largest magazine-media group has settled down under the steadying hand of Paul Dykzeul, Bauer’s fifth Sydney-based CEO in six years. Bauer Media Australia is a subsidiary of a fifth generation, Hamburg family-owned business which owns more than 600 magazines and 100 radio and TV stations in 17 countries. In 2016, it had a global turnover of €2.2bn.
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Bauer Australia buys home mags from News Corp
