Time Out Group#Time Out Market

The original Time Out magazine was first published in 1968 by Tony Elliott with Bob Harris as co-editor, and has since developed into a global platform across 333 cities and 59 countries. The magazine was a one-sheet pamphlet with listings for London.{{cite web|url=http://www.ft.com/intl/cms/s/0/419e3992-0665-11e2-bd29-00144feabdc0.html|title=Time Out abandons its cover price|author=Robert Budden|date= 24 September 2012|work=Financial Times|access-date=8 July 2015}} It started as a counter-culture publication that had an alternative viewpoint on issues such as gay rights, racial equality, and police harassment.{{cite web| url= http://www.campaignlive.co.uk/news/1213088/| title= Time Out makes capital gains as free magazine| date= 26 September 2013| publisher= Campaign| access-date= 8 July 2015| archive-date= 10 July 2015| archive-url= https://web.archive.org/web/20150710120546/http://www.campaignlive.co.uk/news/1213088/| url-status= live}} Early issues had a print run of around 5,000 and evolved to a weekly circulation of 110,000.{{cite web|url=http://www.adweek.com/news/press/can-time-out-s-tony-elliott-weather-storm-132910?page=1|title=Can Time Out's Tony Elliott weather the storm?|author=Lucia Moses|date=27 June 2011|work=Adweek|access-date=8 July 2015|archive-date=18 June 2015|archive-url=https://web.archive.org/web/20150618152830/http://www.adweek.com/news/press/can-time-out-s-tony-elliott-weather-storm-132910?page=1|url-status=live}} One of the editors in the 1970s was Roger Hutchinson.{{cite news|title=Two men, one road and a most unusual journey|url=http://www.heraldscotland.com/news/12772894.Two_men__one_road_and_a_most_unusual_journey|access-date=14 January 2018|work=The Herald|date=13 April 2007|archive-date=16 September 2018|archive-url=https://web.archive.org/web/20180916093007/https://www.heraldscotland.com/news/12772894.Two_men__one_road_and_a_most_unusual_journey/|url-status=live}}

The brand was expanded to North America with Time Out New York magazine also known as TONY in 1995 followed by Time Out New York Kids in 1996. The success of taking the Time Out brand abroad led to the expansion of the magazine worldwide. The brand grew to include travel magazines, city guides, and books.

Time Out was able to withstand print competition; however, its late integration of a digital platform during the online revolution proved to be a challenge. When Time Out New York launched it did not have a website and was competing against well-established online publications such as Citysearch and The Village Voice. The company; however, continued to expand with licensing of the brand and in 2009 launched its iPhone app in New York and then London, which was sponsored by Smirnoff, enabling the app to be free of charge.{{cite web| url=https://www.theguardian.com/media/pda/2009/dec/21/time-out-london-iphone-app

| title= Time Out London launches iPhone app| author = Mercedes Bunz| date= 21 December 2009| work= The Guardian| access-date=8 July 2015}}

Financial loss and the necessity to expand the Time Out brand led Tony Elliott to sell half of Time Out London and 66 percent of TONY to private equity group Oakley Capital in May 2011. Under new ownership, the company expanded the brand digitally through partnerships with software companies to develop a common online platform for the brand and to create multi-city mobile applications.{{cite web| url=http://www.techworld.com/news/apps/time-out-bundles-multiple-city-guides-into-one-global-app-3503836/| title=Time Out bundles multiple city guides into one global app| author=Sam Shead| date=25 February 2014| publisher=Tech World| access-date=8 July 2015| archive-date=14 July 2015| archive-url=https://web.archive.org/web/20150714000501/http://www.techworld.com/news/apps/time-out-bundles-multiple-city-guides-into-one-global-app-3503836/| url-status=live}} The company continued to grow digitally and launched an iPad app for New York and London in July 2012. The iPad app was initially sponsored by MasterCard.{{cite web| url= http://www.mediaweek.co.uk/article/1143181/time-launches-free-ipad-app-mastercard-sponsorship| title= Time Out launches free iPad app with MasterCard sponsorship| author= Nick Batten| date= 27 July 2012| work= Media Week| access-date= 8 July 2015| archive-date= 10 July 2015| archive-url= https://web.archive.org/web/20150710111453/http://www.mediaweek.co.uk/article/1143181/time-launches-free-ipad-app-mastercard-sponsorship| url-status= live}}

In July 2015, Time Out Group announced a £7 million investment in Flypay, a pay-at-table mobile app that will integrate its technology into Time Out's media platform.{{cite web| access-date=6 August 2015| title=Flypay to 'transform hospitality' with £7m Time Out investment| author=Megan Dunsby| date=16 July 2015| publisher=StartUps.co.uk| url=http://startups.co.uk/flypay-to-transform-hospitality-with-7m-time-out-investment/| archive-date=21 August 2015| archive-url=https://web.archive.org/web/20150821073115/http://startups.co.uk/flypay-to-transform-hospitality-with-7m-time-out-investment/| url-status=live}}

In June 2016, Time Out Group underwent an initial public offering and trades under the symbol TMO on London's AIM stock exchange.{{cite web|url=https://www.theguardian.com/media/2016/apr/29/time-out-plans-200m-stock-market-flotation|title=Time Out Plans £200m Stock Market Flotation|work=The Guardian|first=Mark|last=Sweney|date=29 April 2016|access-date=22 September 2016}}{{cite web|url=http://uk.reuters.com/article/uk-timeout-ipo-idUKKCN0YV1MF|title=Time Out to Raise £90 Million in London Listing|work=Reuters|first=Noor Zainab|last=Hussain|date=9 June 2016|access-date=22 September 2016|archive-date=23 September 2016|archive-url=https://web.archive.org/web/20160923111529/http://uk.reuters.com/article/uk-timeout-ipo-idUKKCN0YV1MF|url-status=dead}}

In March 2020, during the COVID-19 pandemic, the Time Out website altered its logo to read Time {{Strikethrough|Out}} In, and the site began recommending activities that could be enjoyed at home.{{Cite web|last=Glenday|first=John|date=16 March 2020|title=Time Out rebrands to Time In as coronavirus 'social distancing' takes effect|url=https://www.thedrum.com/news/2020/03/16/time-out-rebrands-time-coronavirus-social-distancing-takes-effect|access-date=8 March 2021|website=The Drum}}

Time Out content is available in cities around the world including Paris, Lisbon, Porto, L.A., Miami, Chicago, Sydney, Melbourne, Hong Kong, Madrid, Barcelona, Singapore, Beijing, Shanghai, Tel Aviv, Mexico City, Bangkok, Tokyo, Dubai and Istanbul among others. Time Out London magazine is a free weekly publication based in London.{{cite web| url= http://gorkana.com/news/consumer/little-black-book/gorkana-meetstime-out-london/| title= Gorkana meets...Time Out London| date= 26 January 2015| publisher= Gorkana Group| access-date= 9 July 2015| archive-date= 14 April 2015| archive-url= https://archive.today/20150414081350/http://gorkana.com/news/consumer/little-black-book/gorkana-meetstime-out-london/| url-status= dead}} Time Out provides event listings and editorial on film, theatre and the arts in London to inform readers of the availability of entertainment in the city. After 54 years of publication, the print version of Time Out London was distributed on 23 June 2022 for the last time. The magazine continues to be published online.{{cite news |url=https://pressgazette.co.uk/time-out-ends-print-london-rising-sadiq-khan/ |title=Time Out London comes to 'happy, natural end' in print |first=Bron |last=Maher |work=Press Gazette |date=22 June 2022 |access-date=23 June 2022 |archive-date=22 June 2022 |archive-url=https://web.archive.org/web/20220622200716/https://pressgazette.co.uk/time-out-ends-print-london-rising-sadiq-khan/ |url-status=live }}

Time Out New York (referred to as TONY) was the brand's first magazine launch in North America and debuted in 1995. Time Out New York is now available for free every other Wednesday in vending boxes and newsstands across New York City and there are copies inside cultural establishments, cafes and other locations.{{cite web| url= http://www.foliomag.com/2015/54876/| title= Time Out New York transforms into a (mostly) free weekly| author= Caysey Welton| date= 2 April 2015| publisher= Folio| access-date= 9 July 2015| archive-date= 9 June 2015| archive-url= https://web.archive.org/web/20150609052353/http://www.foliomag.com/2015/54876/| url-status= live}} The web audience is estimated to 4.5 million unique visitors a month.{{cite web| url= https://nypost.com/2015/04/01/time-out-new-york-switching-to-all-free-distribution-model/| title= Time Out New York switching to all-free distribution model| date= 1 April 2015| work= New York Post| access-date= 9 July 2015| archive-date= 15 July 2015| archive-url= https://web.archive.org/web/20150715221508/http://nypost.com/2015/04/01/time-out-new-york-switching-to-all-free-distribution-model/| url-status= live}}

Time Out Media publishes guides written by locals aimed at providing tourists with tips in urban "nooks" around the world.{{cite web| url= https://www.theguardian.com/media/2014/oct/14/time-out-websites-manchester-edinburgh-leeds| title= Time Out to launch websites for six UK cities| author= Mark Sweney| date= 14 October 2014| work= The Guardian| access-date= 9 July 2015| archive-date= 14 June 2024| archive-url= https://web.archive.org/web/20240614230818/https://www.theguardian.com/media/2014/oct/14/time-out-websites-manchester-edinburgh-leeds| url-status= live}} Mobile apps have been integrated with city guides to allow mobile users to use GPS to pinpoint their location on Time Out maps and search for dining and event recommendations along with a list of editors picks and other options.

File:Time Out Market Lisboa.jpg

File:Launch cover for Time Out Lisbon Magazine.jpg

In April 2014 Time Out Lisbon launched the Time Out Mercado da Ribeira.{{cite web| url=https://www.theguardian.com/travel/2014/jun/26/10-of-the-best-restaurants-cafes-in-lisbon| title=10 of the best restaurants and cafes in Lisbon| author=Isabel Choat| date=26 June 2014| work=The Guardian| access-date=9 July 2015| archive-date=14 June 2024| archive-url=https://web.archive.org/web/20240614230905/https://www.theguardian.com/travel/2014/jun/26/10-of-the-best-restaurants-cafes-in-lisbon| url-status=live}} The market hosts 35 small restaurant and artisan kiosks from chefs offering local specialities.

New Time Out Markets opened in 2019 in South Beach, Miami; Dumbo, New York; Fenway, Boston; Fulton Market District, Chicago; and Montreal. In 2021 in Dubai.{{Cite web| url=https://www.londonstockexchange.com/exchange/news/alliance-news/detail/1544698510510725800.html| title=Alliance News Detail - London Stock Exchange| website=www.londonstockexchange.com| access-date=2019-01-11| archive-date=12 January 2019| archive-url=https://web.archive.org/web/20190112095036/https://www.londonstockexchange.com/exchange/news/alliance-news/detail/1544698510510725800.html| url-status=live}} In 2024, a new location opened in Porto {{Cite web| url=https://www.timeout.com/news/time-out-market-porto-is-now-open-050324| title=Time Out Market Porto is now open!| author=James Manning| date=3 May 2024| work=Time Out| access-date=2024-05-09| archive-date=9 May 2024| archive-url=https://web.archive.org/web/20240509080430/https://www.timeout.com/news/time-out-market-porto-is-now-open-050324| url-status=live}} and in Barcelona.{{Cite web| url=https://www.timeout.com/barcelona/time-out-market/time-out-market-barcelona-faqs| title=Time Out Market Barcelona is now open| author=María José Gómez| date=5 July 2024| work=Time Out| access-date=2024-07-16| archive-date=9 May 2024| archive-url=https://web.archive.org/web/20240509080430/https://www.timeout.com/barcelona/time-out-market/time-out-market-barcelona-faqs| url-status=live}} New locations are set to open in the future.{{Cite web|url=https://www.londonstockexchange.com/news-article/TMO/new-time-out-market-barcelona/15811111|title=London Stock Exchange|website=www.londonstockexchange.com|access-date=5 February 2023|archive-date=14 June 2024|archive-url=https://archive.today/20240614231638/https://www.londonstockexchange.com/news-article/TMO/new-time-out-market-barcelona/15811111|url-status=live}}

In August 2011, Time Out acquired the personalisation business LikeCube.{{cite web| url= http://www.mediaweek.co.uk/article/1084766/time-group-acquires-recommendation-software-company| title= Time Out Group acquires recommendation software company| author= Sophie Madden| date= 8 March 2011| work= Media Week| access-date= 9 July 2015| archive-date= 10 July 2015| archive-url= https://web.archive.org/web/20150710115029/http://www.mediaweek.co.uk/article/1084766/time-group-acquires-recommendation-software-company| url-status= live}} Kelkoo, a daily-offers business, was acquired by Time Out in December 2011.{{cite web| url=https://www.pehub.com/2011/12/time-out-acquires-kelkoo-select/| title=Time Out Acquires Kelkoo Select| author=Angela Sormani| date=12 December 2011| publisher=PE Hub| access-date=9 July 2015| archive-date=10 July 2015| archive-url=https://web.archive.org/web/20150710060100/https://www.pehub.com/2011/12/time-out-acquires-kelkoo-select/| url-status=live}}

The Time Out brand license was acquired for the Chicago publication March 2013.{{cite web| url=http://www.campaignlive.co.uk/news/login/1177499/| title=Time Out Group buys Chicago title| author=Louise Ridley| date=8 April 2013| publisher=Campaign| access-date=9 July 2015| archive-date=14 June 2024| archive-url=https://web.archive.org/web/20240614230854/https://www.campaignlive.co.uk/article/time-group-buys-chicago-title/1177499| url-status=live}} The acquisition was part of a strategy to build an international media organisation in 50 cities.{{cite web| url= http://voices.suntimes.com/business-2/grid/time-chicago-finalizes-sale-feder-goodbye/| title= Time Out Chicago finalizes its sale and Feder says goodbye| author=| date= 8 April 2013| work= Chicago Sun-Times| access-date= 9 July 2015| url-status= dead| archive-url= https://web.archive.org/web/20150710075125/http://voices.suntimes.com/business-2/grid/time-chicago-finalizes-sale-feder-goodbye/| archive-date= 10 July 2015| df= dmy-all}} Changes included moving from print publication to exclusively digital format as only a limited few cities still have a printed Time Out magazine edition including London and New York.{{cite web| url=http://chicagoradioandmedia.com/news/3216-time-out-chicago-officially-sold-staffers-to-exit-magazine-ceases| title=Time Out Chicago officially sold; Staffers to exit, magazine ceases| date=8 April 2013| publisher=Chicagoland Radio and Media| access-date=9 July 2015| archive-date=31 August 2015| archive-url=https://web.archive.org/web/20150831002040/http://chicagoradioandmedia.com/news/3216-time-out-chicago-officially-sold-staffers-to-exit-magazine-ceases| url-status=live}}

Time Out acquired the event discovery platform Huge City in May 2014.{{cite web| url=http://www.campaignlive.co.uk/news/gated/1293736/| title=Time Out Group buys Hugecity| author=Ian Griggs| date=12 May 2014| publisher=Campaign| access-date=9 July 2015| archive-date=14 June 2024| archive-url=https://web.archive.org/web/20240614230931/https://www.campaignlive.co.uk/article/time-group-buys-hugecity/1293736| url-status=live}} In April 2016, Time Out acquired the geo-mapping start-up Hallstreet.{{cite news | url=https://www.phocuswire.com/Time-Out-buys-HallStreet-travel-startup-in-acqui-hire-move | title=Time Out Buys HallStreet Travel Startup in Acqui-hire Move | first=Kevin | last=May | work=Phocuswire | date=April 12, 2016 | access-date=29 January 2020 | archive-date=29 January 2020 | archive-url=https://web.archive.org/web/20200129005424/https://www.phocuswire.com/Time-Out-buys-HallStreet-travel-startup-in-acqui-hire-move | url-status=live }} In October 2016, Time Out acquired the event discovery and booking service YPlan.{{cite web| url=http://www.cityam.com/251962/time-out-group-buys-london-events-company-yplan-| title=Time Out Group buys London events company YPlan| date=21 October 2016| publisher=City AM| access-date=21 October 2016| archive-date=21 October 2016| archive-url=https://web.archive.org/web/20161021194811/http://www.cityam.com/251962/time-out-group-buys-london-events-company-yplan-| url-status=live}}{{Cite web | url = https://techcrunch.com/2016/10/21/time-out-for-yplan/ | title = Time Out acquires events discovery and booking platform YPlan for as little as £1.6M | date = 21 October 2016 | access-date = 24 January 2017 | archive-date = 14 June 2024 | archive-url = https://web.archive.org/web/20240614230926/https://techcrunch.com/2016/10/21/time-out-for-yplan/ | url-status = live }}

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Category:1968 establishments in the United Kingdom

Category:British brands

Category:Companies based in the London Borough of Camden

Category:Multinational publishing companies

Category:Publishing companies established in 1968

Category:Publishing companies of the United Kingdom