Time Out acquires Time Out Chicago

It joins Time Out Group owned-and-operated cities in New York, LA, London and Paris.

We just wanted to let you know about an exciting development for Time Out in North America with the acquisition of Time Out Chicago.

Started as a joint enterprise in 2005, we were thrilled to launch Time Out in Chicago, a hub for world-class art, a legendary home for innovative comedy and theater, and a foodie destination. Over the past nine years, Time Out Chicago has developed a large, loyal audience and become a go-to destination for what to do in the Windy City and that did not change when Time Out Chicago became a separate company in 2010. We’re delighted to let you know today that Time Out Group has acquired Time Out Chicago, making it one of the Time Out Group owned and operated cities joining New York, Los Angeles, London and Paris.
Chicagoans will soon reap the benefits of the Time Out Group’s digital offerings you currently enjoy with an improved website and mobile and iPad apps, so if you’re intending to visit, and it’s a great place to visit, you’ll soon be able to use your Time Out apps to discover the city. We look forward to continuing our delivery of expert recommendations and reviews to Chicagoans and visitors via new and improved technology.
Elizabeth Barr,
Editorial Director, Time Out North America
More About Time Out Group
Time Out is the number one trusted choice for consumers seeking inspiration, information, and booking opportunities relating to arts, entertainment, and culture in the world’s major cities.
Time Out was founded in 1968 in London, by Tony Elliott and has since grown into a global media group that spans 37 cities across 25 countries and provides the very best inspiration and information.
Time Out is uniquely positioned as provider of local information and expert guidance to consumers through a distribution network which incorporates magazines, a massively growing online presence, mobile applications, events, and partnerships. Time Out has a worldwide audience of over 20 million across all these channels, most recently launching its iPad app in New York and London. The company received recognition for its achievements within the industry earning the International Consumer Magazine of the Year title at the Periodical Publishers Association Awards two years in a row, in 2010 and 2011.
Time Out North America was established as a partnership between Time Out Group and North American based partners to launch Time Out New York in September 1995. Time Out North America now includes Time Out New York, Time Out New York Kids, the recently launched web property Time Out Los Angeles, and Time Out Chicago.

In November 2010 Oakley Capital acquired a 50% stake in Time Out Group and in 2011 acquired a majority stake in Time Out North America. Oakley Capital is now the majority shareholder in both groups.