Time Out Australia Franchise Agreement

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 Chris Ohlund, CEO Matt Pritchard, CFO Steven Tredget, Investor Relations Director Tel: [phone] Panmure Liberum (Nominated Adviser and Broker) Andrew Godber / Edward Thomas Tel: [phone] FTI Consulting LLP Edward Bridges / Ben Fletcher Tel: [phone]

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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