PacMags to drop PMP as supplier for multimillion-dollar spend

According to Pacific Magazines: “After a strategic review of the business, the printing contract for Pacific Magazines will no longer be held by PMP.

“The current contract expires on 30 September, after which an announcement will be made with regards to Pacific Magazines’ printing plans moving forwards.”

The bulk of the magazine publisher’s work is currently split between PMP and IPMG divisions Offset Alpine and Hannanprint, with some lower-run titles and one-shots produced by Webstar and Geon.

While PacMags would not reveal where its work will go, IPMG has the only other Australian print sites suited to the long-run titles currently at PMP, such as Better Homes & Gardens (362,000 circulation), New Idea (306,000) and That’s Life (256,000).

IPMG already does plenty of work for the publisher, including InStyle (60,000) at Offset Alpine and Who (131,000) at Hannanprint.

The supplier reshuffle comes at the end of a 10-year exclusive print contract awarded to PMP after it sold PacMags to Seven Network for $130m over two deals during 2001 and 2002.

The businesses were originally owned by Rupert Murdoch, before he spun them off into new company Pacific Magazines and Printing (PMP) in 1991.

Neither PMP nor IPMG responded to ProPrint by time of publication.

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