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Time Out Group today announces that RBA will acquire Time Out’s Media operations in Spain, including Time Out Barcelona and Time Out Madrid.

Under the agreement, RBA will continue to publish Time Out in Spain under a long-term franchise partnership, ensuring the continued presence and growth of the brand across the market. Time Out Market operations in Spain are not part of the transaction and will continue to be owned and operated by Time Out Group.
RBA is one of the largest Spanish-language publishing groups globally, with a portfolio of more than 25 brands, including international titles such as National Geographic and InStyle. The company reaches an audience of around 60 million people each month across its media platforms.
Time Out Group believes that transitioning to a franchise model in Spain will enable the brand to grow faster by benefiting from RBA’s scale, local expertise and multi-platform capabilities.
Time Out has built a strong presence in Spain, with Time Out Barcelona and Madrid becoming trusted guides to city life for local audiences and visitors alike. The Group is proud of the business established in the market and sees significant opportunity for further growth in Spain under RBA’s stewardship.
As part of the transaction, Time Out Spain's Media team will transfer to RBA, continuing their roles within the new structure. Operations will move to RBA’s offices in Barcelona and Madrid.
Rob Biagioni, CEO of Time Out Media, said:
“We’re incredibly proud of what the team has built in Spain. It remains a key territory for business growth, particularly alongside Time Out Market Barcelona. This partnership allows the brand to continue growing in Spain with the backing of a leading media organisation that shares our ambition for the brand. RBA has a strong track record of developing international media brands, and we’re confident they are the right partner to help us build on Time Out’s success in Spain”
Aurea Diaz, General Director of Content of RBA, said:
“Time Out is a global benchmark in leisure and culture, and its values are perfectly aligned with those of RBA: a service-driven approach, editorial rigour, and a genuine connection with people. With Time Out Spain, we will have the opportunity to engage more closely and effectively with local communities and help promote the cultural, gastronomic and tourist richness of our country. We are delighted to welcome into our magazine portfolio a highly prestigious brand and an outstanding professional team that is now part of the RBA family.”
RBA sees Time Out as a strong addition to its portfolio, bringing a distinctive mix of digital content, experiential platforms and global brand reach, with Time Out engaging over 240 million people worldwide each month.
Financial terms of the transaction have not been disclosed.
For further information, please contact: pr@timeout.com
ABOUT TIME OUT
Time Out Group is a global media and hospitality brand that inspires and enables people to experience the best of the city through Time Out Media and Time Out Market. Time Out launched in London in 1968 to help people discover the exciting new urban cultures that had started up all over 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. Rooted in the Time Out brand, Time Out Market is the world's first editorially curated food and cultural market, bringing a city's best chefs, restaurateurs and cultural experiences together under one roof. The portfolio includes 13 Markets in cities such as Lisbon, New York and Dubai, and 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 (AIM: TMO), is headquartered in the United Kingdom. Learn more at www.timeout.com and LinkedIn.
ABOUT RBA
RBA is a leading international publishing and media group dedicated to creating premium editorial content across magazines, books and collectibles. With more than 30 years of history, RBA combines editorial excellence and creative innovation to develop high-quality content for audiences in Spain and around the world. RBA reaches more than 100 million people through print, digital and social media channels, with 60 million monthly web users and a portfolio of leading brands such as Lecturas, El Mueble or National Geographic, spanning science, lifestyle, travel, gastronomy, history, decoration, and culture. The company operates across multiple international markets, including Italy, France, Portugal, or the United States, and is recognized as the number one magazine publisher in Spain by sales and readership. Learn more at www.rba.es and LinkedIn.
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