The Time Out Group PLC is an international company that has been active in the publishing industry since 1968. The company was originally founded in London and still has its headquarters in the British capital. However, nowadays, the Time Out Group PLC not only operates a print and online magazine but also a variety of digital media and services.
The core competence of the Time Out Group PLC is to help people optimize their leisure time. The company operates in four main business areas:
1. Media and Advertising
2. E-Commerce and Bookings
3. Events and Experiences
4. Partnerships and Licensing
The Time Out Media Division produces and distributes print and online products. The print magazine "Time Out" is represented in many major cities around the world and provides information about events, restaurants, bars, culture, nightlife, and much more. The digital version called "Time Out Digital" is accessible online and on mobile devices. The company also offers media and advertising services tailored to the needs of local, regional, and international businesses.
The E-Commerce and Booking sector sells tickets, vouchers, and packages for events and experiences. This includes concerts, shows, museums, amusement parks, travel, and city tours, for example. At the same time, the company also offers hotel and leisure deals. The online shop is accessible on mobile devices and offers personalized recommendations as well as customer-friendly payment and shipping options.
In the "Events and Experiences" division, the Time Out Group PLC also organizes its own events and experiences. These include festivals, fairs, award shows, private and corporate events, as well as gastronomic concepts. The company collaborates with leading brands and partners to expand its offerings and provide customers with unforgettable experiences.
In the "Partnerships and Licensing" area, the company collaborates with other brands and companies to expand its offerings and market the Time Out brand. This includes license agreements, joint ventures, media and technology partnerships, as well as strategic alliances with companies from various industries.
The business model of the Time Out Group PLC is based on supporting customers in planning their leisure activities as best as possible. The company offers a unique combination of print and online media, e-commerce and booking services, as well as live events and experiences. This enables the company to respond to the needs of its customers and provide the best possible offers and solutions.
