Latest news with #NewIdea
Courier-Mail
7 days ago
- Business
- Courier-Mail
Mercury Capital selling publisher of Women's Weekly and other titles
Don't miss out on the headlines from Magazines. Followed categories will be added to My News. Australia's longest running magazines for women are on the market for a potential buyer to own some of the nation's most well known brands. Publisher Are Media, which publishes the Australian Women's Weekly, New Idea, Better Homes and Gardens, TV Week, Marie Claire and other well known magazines, is up for sale. The Women's Weekly is Australia's most read magazine and the New Idea has been printed for more than 120 years. The owner of Are Media has put the magazine titles up for sale. Are Media estimates 90 per cent of Australian woman seeking 'entertainment, inspiration, information and escapism' read their magazines each month. The New Idea has been printed in Australia since 1902. The publishing group was started by Sir Frank Packer (father of Kerry Packer) and Edward Theodore in 1932 and later merged with the Associated Press to become Australian Consolidated Press. Bauer Media acquired the magazines in 2012 for an estimated $525m from ACP, then bought Pacific Magazines acquiring Marie Claire and Better Homes and Gardens from Seven West Media in 2020 for $40m. Mercury Capital took ownership of the publisher for an estimated $40m to $50m in 2020, five years on, they have now listed the business for sale with KPMG Corporate Finance The publisher of The Australian Women's Weekly, Are Media is up for sale. A Mercury Capital spokesman said they had decided to sell Are Media. 'Further to recent speculation, and on the back of a number of market inquiries and approaches, we can confirm that a decision has been made to commence a sale process for Are Media, Australia's leading omnichannel content company for women,' he said. An email from Are Media chief executive officer Jane Huxley to staff said the decision came from a place of strength and optimism. Mercury Capital confirmed they were selling Are Media five years after they purchased the publishing business from Bauer Media. Picture: Supplied 'We've built incredibly strong foundations, and now it's time to take the next step,' she said in the email. 'Nothing changes day to day. Our teams, priorities, your roles, and goals stay the same. 'We'll keep delivering great content, driving results, and doing what we do best. 'We are committed to delivering 2025 and will be planning for 2026 the same way we always have.' Originally published as The publisher of iconic Aussie magazines the Women's Weekly, New Idea and Better Homes and Gardens has put the titles up for sale
Perth Now
7 days ago
- Business
- Perth Now
Iconic Aussie magazines up for sale
Australia's longest running magazines for women are on the market for a potential buyer to own some of the nation's most well known brands. Publisher Are Media, which publishes the Australian Women's Weekly, New Idea, Better Homes and Gardens, TV Week, Marie Claire and other well known magazines, is up for sale. The Women's Weekly is Australia's most read magazine and the New Idea has been printed for more than 120 years. The owner of Are Media has put the magazine titles up for sale. Are Media estimates 90 per cent of Australian woman seeking 'entertainment, inspiration, information and escapism' read their magazines each month. The New Idea has been printed in Australia since 1902. Credit: Supplied The publishing group was started by Sir Frank Packer (father of Kerry Packer) and Edward Theodore in 1932 and later merged with the Associated Press to become Australian Consolidated Press. Bauer Media acquired the magazines in 2012 for an estimated $525m from ACP, then bought Pacific Magazines acquiring Marie Claire and Better Homes and Gardens from Seven West Media in 2020 for $40m. Mercury Capital took ownership of the publisher for an estimated $40m to $50m in 2020, five years on, they have now listed the business for sale with KPMG Corporate Finance The publisher of The Australian Women's Weekly, Are Media is up for sale. Credit: Supplied A Mercury Capital spokesman said they had decided to sell Are Media. 'Further to recent speculation, and on the back of a number of market inquiries and approaches, we can confirm that a decision has been made to commence a sale process for Are Media, Australia's leading omnichannel content company for women,' he said. An email from Are Media chief executive officer Jane Huxley to staff said the decision came from a place of strength and optimism. Mercury Capital confirmed they were selling Are Media five years after they purchased the publishing business from Bauer Media. Supplied Credit: Supplied 'We've built incredibly strong foundations, and now it's time to take the next step,' she said in the email. 'Nothing changes day to day. Our teams, priorities, your roles, and goals stay the same. 'We'll keep delivering great content, driving results, and doing what we do best. 'We are committed to delivering 2025 and will be planning for 2026 the same way we always have.'
West Australian
7 days ago
- Business
- West Australian
The publisher of iconic Aussie magazines the Women's Weekly, New Idea and Better Homes and Gardens has put the titles up for sale
Australia's longest running magazines for women are on the market for a potential buyer to own some of the nation's most well known brands. Publisher Are Media, which publishes the Australian Women's Weekly, New Idea, Better Homes and Gardens, TV Week, Marie Claire and other well known magazines, is up for sale. The Women's Weekly is Australia's most read magazine and the New Idea has been printed for more than 120 years. The owner of Are Media has put the magazine titles up for sale. Are Media estimates 90 per cent of Australian woman seeking 'entertainment, inspiration, information and escapism' read their magazines each month. The publishing group was started by Sir Frank Packer (father of Kerry Packer) and Edward Theodore in 1932 and later merged with the Associated Press to become Australian Consolidated Press. Bauer Media acquired the magazines in 2012 for an estimated $525m from ACP, then bought Pacific Magazines acquiring Marie Claire and Better Homes and Gardens from Seven West Media in 2020 for $40m. Mercury Capital took ownership of the publisher for an estimated $40m to $50m in 2020, five years on, they have now listed the business for sale with KPMG Corporate Finance A Mercury Capital spokesman said they had decided to sell Are Media. 'Further to recent speculation, and on the back of a number of market inquiries and approaches, we can confirm that a decision has been made to commence a sale process for Are Media, Australia's leading omnichannel content company for women,' he said. An email from Are Media chief executive officer Jane Huxley to staff said the decision came from a place of strength and optimism. 'We've built incredibly strong foundations, and now it's time to take the next step,' she said in the email. 'Nothing changes day to day. Our teams, priorities, your roles, and goals stay the same. 'We'll keep delivering great content, driving results, and doing what we do best. 'We are committed to delivering 2025 and will be planning for 2026 the same way we always have.'
Sky News AU
09-07-2025
- Entertainment
- Sky News AU
Casey Donovan unrecognisable in first look at new musical Kimberly Akimbo after admitting new diet ‘isn't easy'
Casey Donovan has offered the first glimpse at her latest stage role in the musical version of Kimberly Akimbo and opened up about her recent weight loss journey. Donovan, who shot to fame after winning Australian Idol at just 16, returned to the stage as Aunt Debra in the new production which premiered at Adelaide's Her Majesty's Theatre on Tuesday. The show, which follows a teenager with a rare genetic condition which makes her age rapidly, will transfer to Melbourne's Art Centre from 26 July for a month-long run. The role comes hot on the heels of Donovan's successful national tour in Sister Act in the lead role originated by Whoopi Goldberg in the iconic film about singing nuns. Donovan's weight loss was noticeable in new promotional material for Kimberly Akimbo shared via her official social media accounts. The 36-year-old recently lost a significant amount of weight after overhauling her lifestyle, including the use of a GLP-1 weight loss medication Juniper. GLP-1 medications such as Ozempic and Juniper help regulate appetite and are increasingly being used in medical weight loss programs. The beloved songstress regularly shares updates with her followers about her weight loss journey, including her favourite healthy recipes to beat junk food cravings. 'This journey isn't always easy, but I've never had to figure it out alone,' Donovan wrote recently on social media. 'So grateful for the steady support from my @ health coach Emily.' Casey's new gig comes after the singer revealed the moment she decided to embark on her health journey. 'I'm 36 now and I finally realised that, if I want to be healthy and fit at 40, I need to take some real and lasting preventative measures now,' she told New Idea magazine last month. Donovan also told the magazine that she was hoping to start a family with her fiancée Renee Sharples in the 'semi-near future', revealing she was "in such a good place in my life right now".
Daily Mail
09-07-2025
- Business
- Daily Mail
EXCLUSIVE TV backstab as top-secret auditions are held for presenter's dream gig. Plus, Channel Ten finds a new host to save sinking ship - and mags brace for fire sale: INSIDE MAIL
Stop the presses The private equity firm behind Are Media - publisher of Woman's Day, New Idea and The Australian Women's Weekly - is looking to offload the company after five years.
