UK's Time Out Group acquires Australian digital and print business
Time Out has a worldwide presence in 108 cities across 39 countries
The London-based Time Out Group this week announced the acquisition of Print and Digital Publishing, the group’s Australian licensing partner. The partner runs Time Out in five cities in Australia.
Launched in 2007 Time Out Australia has established a digital portfolio across online, mobile and social channels as well as monthly magazines in Sydney and Melbourne.
The acquisition follows the addition of Time Out Hong Kong in March 2017 to the group’s network of owned and operated businesses which now comprise 71 cities in 17 countries.
Including its licensing partners, Time Out has a worldwide presence in 108 cities across 39 countries.
Michael Rodrigues, MD Australia of Time Out Digital:
“October will see the tenth anniversary of the Time Out brand in Australia. From humble beginnings in a warehouse apartment in Camperdown, our audience across multiple platforms has been in steady ascent. As the dominant urban media and entertainment brand, joining the mothership at this point gives our advertiser base something our rivals will never be able to offer – access to key international markets in Asia, like Hong Kong, and cities further afield like London, Paris, Chicago and New York."
