Pedestrian (company) explained

Pedestrian
Type:Digital media, news
Language:English
Country Of Origin:Australia
Owner:Nine Entertainment
Founder:Chris Wirasinha
Oscar Martin
Editor:Josephine Rozenberg-Clarke
Key People:Matt Rowley, CEO
Vanessa Lawrence, Publisher
Commercial:Yes
Launch Date:2005
Current Status:Active

Pedestrian, formerly PEDESTRIAN.TV, is a youth digital news and entertainment website based in Sydney, Australia, founded in 2005. It is a subsidiary of Nine Entertainment

Pedestrian Group owns Pedestrian (the website) as well the Australian brands Vice Media (Australia), Business Insider Australia, Gizmodo AU, Refinery29, Lifehacker Australia, Kotaku Australia, Pedestrian JOBS and Openair Cinemas.

History

Launched in 2005[1] by co-founders Chris Wirasinha and Oscar Martin, Pedestrian.TV was initially distributed as a DVD magazine, stylised as a "Plastizine", with the advertorial backing of BMW Mini.[2] In 2007, the company shifted online, launching the Pedestrian.TV site.

In 2010, the company launched sub-site Pedestrian JOBS; a creative industries-focused employment classifieds board.

Nine Entertainment subsequently acquired a 60% stake in Pedestrian.TV in 2015 for a reported $10 million.[3] Nine bought out Wirasinha and Martin's remaining 40% ownership share in 2018 for an additional $39 million,[4] putting the company's total valuation just shy of $100 million.

In 2017 Pedestrian.TV broke the story of youth government broadcaster Triple J's initial internal discussions regarding moving the Triple J Hottest 100 away from the controversial January 26 Australia Day public holiday.[5] Triple J ultimately shifted the Hottest 100 date to the fourth weekend in January, citing a desire to remain "an event that everyone can enjoy together."[6]

Following the merger of Nine and Fairfax Media in 2018,[7] the business behind Pedestrian.TV was merged with that of Allure Media,[8] forming the larger Pedestrian Group,[9] with the website changing its name to Pedestrian, and also incorporating the brands Business Insider Australia, Gizmodo, Kotaku and POPSUGAR Australia. It was announced that it would continue to be run by its founders.[10]

With Wirasinha and Martin shifting to advisory roles following the sale, Nine appointed Matt Rowley as the CEO of Pedestrian Group in early 2019.[11] Also in 2019, Pedestrian acquired Openair Cinemas[12] (formerly American Express Openair Cinemas, which arranged outdoor showings of films in open spaces across Australia[13] and New Zealand[14]).

According to audience data in September 2019, the website reached over one million unique users per month, and attracted in excess of two million monthly page views.[15]

PopSugar was still part of the group in September 2019,[15] but appears to have been dropped by March 2022.

In March 2021, Pedestrian Group announced a multi-year deal with Vice Media and Refinery29 to become the Australian digital publishing home of both brands.[16] [17] A new team was announced for Refinery29 later that year, and in January 2022 a new team of five, headed by Brad Esposito, was announced to head up Vice Australia and New Zealand.[18]

In July 2024, it was reported that Pedestrian would undergo restructuring as part of a cost-cutting effort. Chief executive Matt Rowley announced his departure from the company and up to 40 positions will be eliminated. Pedestrian will also end its licensing deals with Vice, Refinery29, Gizmodo, Lifehacker, and Kotaku.[19]

Description

Pedestrian is based in Sydney, New South Wales, Australia.[1]

the Pedestrian Group owns Pedestrian and the Australian brands Vice Media (Australia), Business Insider Australia, Gizmodo AU, Refinery29, Lifehacker Australia, Kotaku, Pedestrian JOBS, and Openair Cinemas.[20]

Awards

Pedestrian.TV was awarded Brand of the Year by Mumbrella in 2015,[21] 2016,[22] and also 2020, with Pedestrian Group winning three other Mumbrella awards, for Best Publisher-Led Advertising Campaign, Event of the Year, and Branded Content Studio of the Year in the same year.[23]

Notes and References

  1. Web site: Historical details for ABN 60 112 839 568 . Australian Business Number Lookup . November 2014 . 17 March 2022.
  2. Web site: Samios. Zoe. 2018-09-19. From DVD magazine to Nine buyout: The story of Pedestrian TV. 2021-04-14. Mumbrella. en-US.
  3. Web site: 2015-03-29. Nine's no digital Pedestrian. 2021-04-14. Australian Financial Review. en. subscription.
  4. Web site: Redrup . Yolanda . How two Millennials built Pedestrian into a $100m business . . 2 September 2018 . 17 March 2022. subscription.
  5. Web site: 2016-09-12. HUGE: Triple J "In Serious Talks" To Move 'Hottest 100' From Australia Day. 2021-04-14. Pedestrian TV. en-US.
  6. Web site: j. Words by triple. 2017-11-27. Hottest 100's new date. 2021-04-14. triple j. en.
  7. Web site: 2018-07-26. What the Fairfax and Nine merger means for you. 2021-04-14. www.abc.net.au. en-AU.
  8. Web site: Samios. Zoe. 2018-12-11. Pedestrian TV and Allure merge, with Jason Scott to depart. 2021-04-14 . Mumbrella. en-US.
  9. Web site: Pedestrian TV to absorb Allure Media in post-Fairfax consolidation . Lindsay . Bennett . 11 December 2018. 2021-04-14. AdNews. en.
  10. Web site: Nine merging digital publishers Pedestrian.TV & Allure Media . Mediaweek . 11 December 2018 . 17 March 2022.
  11. Web site: Kelly. Vivienne. 2019-04-10. Matt Rowley becomes CEO of Pedestrian as founders Chris Wirasinha and Oscar Martin exit. 2021-04-14. Mumbrella. en-US.
  12. Web site: History . Pedestrian Group . 17 March 2022.
  13. Web site: American Express Openair Cinemas . WeekendNotes . 23 November 2018 . 17 March 2022.
  14. Web site: How Openair Cinemas grew transactions by 42% YoY . Pais Digital . 22 June 2020 . 17 March 2022.
  15. Web site: Blackiston. Hannah. 2019-09-11. Pedestrian Group reveals first audience figures since Allure merger, with unique audience of 3.5m. 2021-04-14. Mumbrella. en-US.
  16. Web site: Samios. Zoe. 2021-03-14. Pedestrian Group signs deals to publish US websites Vice and Refinery29. 2021-04-14. The Sydney Morning Herald. en.
  17. Web site: Vice Australia and Refinery29 to join Pedestrian Group in a multi-year deal with Vice Media Group . Nine Entertainment . 14 March 2021 . 17 March 2022.
  18. Web site: Shepherd . Emma . Pedestrian Group appoints new team behind Vice AUNZ . . 18 January 2022 . 17 March 2022.
  19. Web site: Jaspan . Calum . 2024-07-08 . Pedestrian boss to depart as group slashes staff and titles . 2024-07-08 . Sydney Morning Herald. en.
  20. Web site: Home page. Pedestrian Group . 17 March 2022. https://web.archive.org/web/20220315163319/https://pedestriangroup.com.au/. 15 March 2022. unfit.
  21. Web site: 2016-01-08. 2015 Winners - Mumbrella Awards. 2021-04-14. https://web.archive.org/web/20160108234412/http://www.mumbrellaawards.com.au/2015-winners/. 2016-01-08.
  22. Web site: 2016-06-30. Cummins & Partners takes out agency of the year at Mumbrella Awards. 2021-04-16. Mumbrella. en-US.
  23. Web site: Wells. Darren. 2020-11-05. Pedestrian.TV awarded Brand of the Year at Mumbrella Publish Awards. 2021-04-14. Mumbrella. en-US.