Bauer Media announces sale of Money magazine to Rainmaker

March 21, 2019 1:02

Bauer Media has announced the sale of Money magazine and its associated assets to financial services research house Rainmaker. The final edition produced by Bauer will be the April issue.

Bauer Media ANZ CEO Paul Dykzeul said the sale was due to a desire to focus on ‘core consumer brands’.

“We continue to remain focused on deepening our category specialisation and focusing on our core consumer brands, and as a result, the decision has been made to look for a new home for the magazine, with that being Rainmaker,” said Dykzeul.

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Hannah Blackiston

Hannah Blackiston was the deputy editor of Mumbrella. She worked with the company from March 2019 to November 2020.

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