Image via Startup Daily (AU)
Nine: Ma Activity
Nine Entertainment divested its digital media investment Pedestrian.TV after $49M investment write-down. Asset transferred to Richard White's Vinyl for nominal consideration.
Source: Startup Daily (AU)
The leadership read
Likely restructuring of Nine's digital media division; potential for CFO/treasurer to manage divestment fallout; possible Chief Restructuring Officer role; talent acquisition for remaining core digital strategy team
Market context: the MitchelLake Talent Market Index reads 108.5 — Hot (+10.8 vs prior month); Oceania signal share is rising (+13.1pts).
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