Image via Startup Daily (AU)
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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
Consolidation of this kind shifts demand toward integration and transformation leadership bench strength in media.
Market context: This lands while the Talent Market Index reads 112.8 (Hot) — up 11.4 versus the prior month — and Oceania signal share is easing (-2.5pts).
Nine: 2 signals in the last 90 days — above the Media median of 1 across 13 tracked companies; 0.2% of MitchelLake's Oceania signal flow; 2 tracked across 15 days.
MitchelLake in this thematic
From the MitchelLake archive
Also at Nine →
More signals across Media
Partnership · Oceania
HOYTS →HOYTS partnered with Explosion Network to launch SCREENX immersive cinema experience at HOYTS Broadway.
Strategic Hiring · Oceania
VML →VML appointed Mark Verhagen as Group Executive Creative Director for Brisbane and Perth offices. Verhagen joins from VML Indonesia where he served as ECD and helped elevate the office into one of Indonesia's most awarded creative agencies.
Partnership · Oceania
Substack →Substack hosted 'The Once and Future Media Forum' - a major media summit convening newsletter platform creators, journalists, and media startup founders. CEO Chris Best positioned the platform as central to creator economy with messaging about writers deserving to 'get rich' and 'have fun'
Leadership Change · Oceania
ARN →Donna Gordon promoted to Chief Marketing Officer at ARN after 15+ years with the broadcaster
Strategic Hiring · Oceania
Carsales →Carsales mentioned in jobs intelligence roundup for ad industry roles
Product Launch · Oceania
Global Holdings →Global Holdings announced first-of-its-kind Glass-Only Retrofit at Class A office building NoMad Tower using LuxWall Transparent Insulation technology
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