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Elliot: «I have considered many potential investors over the last 7 years to help the brand with the next phase of development and I believe that Oakley Capital, with its entrepreneurial operational focus, will help us with this. I genuinely believe that I have found a real partner for what I expect to be a hugely successful worldwide digital journey.»
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Time Out Communications Ltd.
251 Tottenham Court Road
Tel: +44 (0)20 7813 3000
Fax: +44 (0)20 7813 6001
The Oakley Group is an asset management and financial advisory business with over $630m of assets under management. It is focused on understanding investors’ interests and requirements, while retaining the flexibility to move quickly and decisively in response to their needs.
Time Out has a worldwide audience of over 17m per annum across all these channels and continues to grow its digital presence, with global unique users per month up 38% year on year to 7.5m, of which over 2m are in London. Time Out also recently launched its location based iPhone applications and has already had over 500,000 downloads in 2010. Time Out publishes a broad range of magazines and guides, its weekly magazine has 36 versions in 24 countries which is complemented by 22 travel magazines and city guides to some 50 cities, translated into 10 languages.