The youth publisher, owned by Nine, will be split in half and will exit its licensing deals to publish third-party brands including Vice, Refinery29, Gizmodo, Lifehacker and Kotaku.
The chief executive of Nine-owned Pedestrian Group, Matt Rowley, will leave the youth publisher as part of a major restructure and cost-cutting effort, in which up to 40 jobs will go across the business.
It will focus on its wholly owned brands, Pedestrian and Pedestrian TV. The future of its Web3 publicationPedestrian Group CEO Matt Rowley is leaving the publisher as part of a restructure. Senior figures at Nine said between 25 and 40 jobs would go from Pedestrian Group, which employs about 95 staff. It will try to redeploy some of those affected. These cuts will be on top of the 90 jobs coming out of the publishing division.Since the initial correspondence from Nine CEO Mike Sneesby and Nine publishing boss Tory Maguire, staff athave voted to apply for protected industrial action, threatening the first strikes in the newsrooms since 2017, when it was Fairfax Media.
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