Time Out (company)
||It has been suggested that this article be merged into Time Out (magazine). (Discuss) Proposed since May 2012.|
Time Out Group Limited is a publishing company based in London, United Kingdom best known for the Time Out weekly listings magazine published in many editions and in many languages. The company has also expanded to publish travel guides, Eating and Drinking guides and online materials and content. It conducts most of its business from London and New York City.
Time Out magazine
The Time Out weekly listing magazines for a particular city contains information about events in film, theatre, fashion, literature and all other artistic events happening, as well as eat out and night out sections. A total of 60 editions are currently published -- counting non-English editions -- including London, Chicago, New York, Lisbon, Beijing, Istanbul, Tel Aviv, Belgrade, Cyprus, Beirut, Dubai, Moscow, Athens, Singapore, Saint-Petersburg, Bucharest, Almaty, Kiev, Mumbai, New Delhi, Abu Dhabi, Sydney, Shanghai and Barcelona. Many publications are in English. Weekly city guides are in local languages.
In addition to the Time Out magazine, the Time Out Group Limited has expanded over the past 40 years to publish travel guides, guides to specific aspects of cities (such as Eating and Drinking guides) and have established a similar presence online.
Time Out publishes food, drink and restaurant guides for London, New York City, Dubai and Paris. For London, its core city, it has also published guides for students, shopping and health and fitness among others. Time Out also produces 48 travel guides to cities and regions around the world. The guides are published in the UK by Random House. Although similar in style to other guides, such as those published by Lonely Planet and Rough Guide, the Time Out guides tend to focus on more hip happenings in each city. Time Out was instrumental in bringing about specific listings for gay and lesbian readers, a formula followed now by similar publications.
Until 2010 the group also published an annual film guide, Time Out Film Guide, a compendium of short reviews of all major film releases. The decision not to publish a new edition in 2011 ('Time Out Film Guide 2012') may well have heralded the end of the physical copy of the guide. The reviews that were contained in the guides can be found on the magazine's film home page as well.
In 2003, the group reported revenues of £25m and a profit of merely £228,000. Elliott remained the sole owner of the group until November 2010, when he sold a 50% stake to private equity group Oakley Capital, valuing the company at £20million.
- "Time Out publisher sells 50% stake". BBC News. 26 November, 2010. Retrieved 2010-11-26.