return Home

Bauer Media Group and Grupo Perfil Internacional reach agreement for transfer of Chinese publisher

Bauer Media Group and Grupo Perfil Internacional reached an agreement for the transfer of the media operation the German company founded in the People’s Republic of China in 1990.

The company acquired by Perfil publishes and commercialises four magazines and a digital portal. While the transaction was signed in October 2015, it recently got approval from the Chinese authorities.

Perfil is already in charge of the operation, which continues the same direction given by the German media group.

Both companies are highly satisfied by the mutual confidence provided during the development of the negotiations and look forward to further cooperation in the media industry.

Bauer Media Group and Grupo Perfil are FIPP member companies.

More like this

Bauer Consumer Media’s UK division adds 44 magazines to Magzter

Connecting audiences with excellent content – hear how Bauer Media is doing it

Bauer Media’s Empire magazine reveals exclusive covers

  • FIPP CEO on the resignation of WPP's Sir Martin Sorrell

    Sir Martin Sorrell, played an instrumental role in the “dash for digital” that saw a rebalancing away from newspapers and magazines, even though in recent years he suggested that the power of print had been underestimated. With his resignation, “we'll [now] never know the extent to which he was prepared to translate this into a change in spending priorities.”

    15th Apr 2018 Industry News
  • Summit Media closes last print titles to go digital only

    Summit Media in the Philippines announced the closure of its six remaining print titles as it “completes its full digital transformation”. The company has around 20 million unique users monthly visiting its 15 websites with a further 33 million followers on social media platforms, making it “the Philippines leading digital lifestyle network and one of the top two local digital media companies in the country”.

    12th Apr 2018 Industry News
  • Seventeen magazine releases "March for Our Lives" special issue

    Hitting newsstands today, Seventeen magazine released a special issue commemorating the March for Our Lives. This comes off the heels of Seventeen chartering a bus to bring 30 teenage activists to Washington DC for the march.

    5th Apr 2018 Industry News
  • Display advertising continues to be largest driver of digital publisher revenue in the UK

    Findings from the latest Digital Publishers Revenue Index (DPRI), a quarterly report on UK publishing from the Association for Online Publishing (AOP) and Deloitte, reveals publishers experienced a 5.6 per cent growth in total digital revenue in 2017 compared to 2016, rising to GBP£365.5m (USD$512.5m). The increase was fuelled by a 27 per cent annual revenue increase from display advertising. 

    5th Apr 2018 Industry News


Visit our Youtube channel


Most Read

All News


FIPP newsletters allow you to keep up with industry trends, research, training and events across the world


Upcoming @ FIPP

What’s happening now, what’s coming next

Go to Full Site