American Media acquires celebrity and kids group titles from Bauer Media USA

June 15, 2018 — Fusion DigiNet

American Media IncAmerican Media, Inc., has agreed to purchase the celebrity group and the teenage and kids group of Bauer Media USA. Details of the transaction were not disclosed but it is expected to close on or about July 1, 2018. With this agreement, AMI will take ownership of the complementary print and digital properties for the 13 brands within these two groups. Titles such as In Touch, Life & Style, Closer, J-14 and Teen Boss will round out AMI’s current portfolio.

AMI owns and operates the leading print and digital celebrity and active lifestyle media brands in the United States. AMI’s titles include Us Weekly, OK!, Star, Men’s Journal, Muscle & Fitness, Mr. Olympia Contest, National Enquirer and other celebrity titles. AMI also manages nine different digital sites including Usmagazine.com, OKmagazine.com, RadarOnline.com, MensJournal.com, MuscleandFitness.com and other digital and social properties. AMI’s magazines have a combined total circulation of 5.3+ million and reach more than 51 million men and women each month. AMI’s digital properties reach approximately 60 million unique visitors monthly.

Chairman and CEO David J. Pecker, said, “It gives me great pleasure to announce this acquisition which provides AMI with an extraordinary opportunity to further build upon the success of our entertainment group. AMI has built an award-winning portfolio of celebrity brands second to none in the industry. Our leadership team will remain focused on growth, innovation and continued disruption with today’s changes designed to further reinforce our leading position in the publishing industry and foster remarkable storytelling across all of our brands and platforms.”

USA, New York, NY & Englewood Cliffs, NJ

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Bauer Media announces full ownership of OK! Magazine in Australia and New Zealand

June 16, 2013 — Fusion DigiNet

bauer mediaBauer Media has acquired the remaining 50% of the weekly title, OK!, from its joint venture partner, Northern and Shell.

As well as buying out the second half of OK! Australia, Bauer Media will now own 100% of the OK! magazine brand in Australia and New Zealand.

Matthew Stanton, Bauer Media CEO, said, “This investment in OK!, in Australia and New Zealand, once again demonstrates our commitment to the market and the long-term viability of this popular global brand. OK! is a key brand in our publishing portfolio and we look forward to taking the title to the next level, with further investment in a number of publishing initiatives across multi-platforms.”

Paul Ashford, Group Editorial Director Northern and Shell, said, “We are happy to have concluded an agreement that will allow Bauer northern & shellMedia to take OK! magazine forward in Australia where they now have a strong local operation, and we thank everyone who has worked to create OK!’s amazing Australian success story as part of the worldwide OK! family (currently reaching over 23 million readers across the globe).”

OK! was launched in Australia by Northern and Shell in 2004 with 50% of the title acquired by Bauer Media in 2007. The magazine’s circulation has fallen from 140,000 in 2007 to 90,000 in December 2012.

Two years ago Northern & Shell sold the US edition of OK! to American Media. Northern & Shell continues to own the UK edition of OK!

UK, London & Australia, Sydney

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