REG - Time Out Group plc - Time Out Australia Franchise Agreement

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RNS Number : 6629H  Time Out Group plc  10 June 2026

10 June 2026

Time Out Group plc

("Time Out", the "Company" or the "Group")

Time Out Australia Franchise Agreement

Time Out Group plc (AIM: TMO), the global media and hospitality business, is
pleased to announce that it has entered into a long-term franchise agreement
with Vinyl Group Ltd (ASX: VNL) ("Vinyl Group", or "Vinyl"), a leading
Australian media business, as part of the transition of Time Out Australia's
media operations to Vinyl.

Under the agreement, Vinyl Group will acquire the entire issued share capital
of Print & Digital Publishing Pty Ltd, the operator of Time Out Australia,
and will become the exclusive franchise partner for the Time Out brand in
Australia.

The franchise agreement has an initial term of five years and provides for
automatic annual renewals thereafter, subject to customary termination
provisions.

Under the terms of the franchise agreement, Time Out will receive ongoing
royalty payments together with annual minimum guaranteed payments. Time Out
will continue to provide brand support, editorial standards and strategic
guidance to ensure the Time Out brand continues to serve audiences across
Australia.

The transaction supports the Group's strategy of partnering with established
local operators in selected territories while generating recurring,
capital-light revenue streams from the Time Out brand.

Completion of the transaction is expected to occur on 24 June 2026, subject
only to the expiry of a customary cooling-off period.

Rob Biagioni, CEO of Time Out Media, said: "Australia is an important
territory for Time Out, and we're proud of the business and audience we have
built over many years. Vinyl has a strong track record of growing premium
media brands and connecting audiences with real-world experiences, making them
the ideal partner for Time Out in Australia. We are excited to work together
to continue growing the Time Out brand and helping Australians discover the
very best of their cities."

Vinyl Group CEO & Executive Director, Josh Simons, added: "This is a
highly strategic acquisition that brings one of the world's most iconic
culture brands into the Vinyl Media portfolio. Time Out strengthens our
position at the intersection of content and real-world experiences, and
expands our reach into high-value audiences across Australia. It is another
important step in building a scaled, premium publishing platform."

 

 For further information, please contact:

Time Out Group plc                              Tel: +44 (0)207 813 3000

 Chris Ohlund, CEO

 Matt Pritchard, CFO

 Steven Tredget, Investor Relations Director
 Panmure Liberum (Nominated Adviser and Broker)  Tel: +44 (0)203 100 2222

 Andrew Godber / Edward Thomas
 FTI Consulting LLP                              Tel: +44 (0)203 727 1000

 Edward Bridges / Ben Fletcher

 

 

 

Notes to editors

About Time Out Group

Time Out Group is a global brand that inspires and enables people to
experience the best of the city. Time Out launched in London in 1968 to help
people discover the best of the city - today it is the only global brand
dedicated to city life. Expert journalists curate and create content about the
best things to Do, See and Eat across over 350 cities in over 50 countries and
across a unique multi-platform model spanning both digital and physical
channels. Time Out Market is the world's first editorially curated food and
cultural market, bringing a city's best chefs, restaurateurs and unique
cultural experiences together under one roof. The portfolio includes open
Markets in 13 cities such as Lisbon, New York and Budapest, several new
locations with expected opening dates in 2026 and beyond, in addition to a
pipeline of further locations in advanced discussions. Time Out Group PLC,
listed on AIM, is headquartered in London (UK).

 

About Vinyl Group

Vinyl Group is a diversified adaptive media and music technology company that
connects culture with commerce. Its portfolio spans two divisions, publishing
and platforms, with tools and services that empower fans, brands and creators.
The publishing division, Vinyl Media, is a powerhouse of culture, premium
content and live experiences, operating Concrete Playground, Mediaweek and
Tone Deaf, and holding Australian licences for Rolling Stone, Variety,
Refinery29, POPSUGAR, BuzzFeed and Tasty, and LADbible Group (including
LADbible and SPORTbible). The platforms division includes Vinyl.com, a leading
e-commerce destination with more than 60,000 titles; Vampr, a
social-professional network and talent marketplace with 1.6 million creators
in over 190 countries; and Serenade, a pioneer in physical and digital
collectibles supporting more than 200 global artists.

 

 

 

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