Time runs out for London's Time Out, in print

Time Out

13/04/2022 13:16

LONDON, April 13 (Reuters) - Time Out, a weekly food,
culture and entertainment listings magazine, will end its London
print edition at the end of June and move to an online-only
version, its parent company said on Wednesday.
    "While Time Out's core DNA and offering ... has never been
more relevant, city life has changed, people have changed, and
Time Out has changed too," Time Out Group  TMOT.L  said. 
    "As such, the business has made the difficult decision to
cease printing a hard copy magazine in London at the end of June
2022." 
    Group Chief Executive Chris Ohlund said growth, engagement
and innovation was mainly happening on its digital channels.
    "Consultations with the affected staff are already in
progress and we are doing everything we can to support them at
this time," a spokesperson said.
    The magazine launched in 1968 to offer an inside track on
art, film, gigs, theatre, restaurants and more in London.
    It became a free publication a decade ago, handed out at
Tube stations. It temporarily halted its print run and briefly
rebranded itself "Time In" when the COVID pandemic closed
restaurants, bars, theatres and other entertainment venues.
    The group, which has expanded to offer online listings for
333 cities in 59 countries around the world, opened a food,
drink and events market in Lisbon in 2014.
    It listed on London's AIM market two years later to raise
money for further expansion, including five Time Out Markets in
North America.

 (Reporting by Farouq Suleiman
Editing by Paul Sandle and William Schomberg)
 ((farouq.suleiman@thomsonreuters.com;))