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Article: Mag market tightens.
- Article from:
- Australasian Business Intelligence
- Article date:
- August 16, 2007
CopyrightCOPYRIGHT 2007 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Matthew Eaton
Aug 16, 2007 (Ad News - ABIX via COMTEX) -- Despite being a mature medium, Australia's magazine sector is tipped to grow by 3.3 per cent a year until 2011, when it will be worth $A2.5 billion. This is according to a report by PricewaterhouseCoopers, which notes Australians are among the world's biggest readers of magazines on a per capita basis. The year to August 2007 has seen a number of changes in the Australian magazine sector, including the sale of FPC Magazines to News Magazines for $A150 million, along with the purchase by Pacific Publications of three of Time Incorporated's titles for around ...