By John Glenday

Arts and entertainment business Time Out has surprised on the upside after posting a 23 per cent rise in group revenue to reach $37.1m for the year ended 31 December 2016.

The group was bolstered by an acceleration in revenue through the second half of the year, led by a 39% uptick in digital revenue growth which saw e-commerce, premium profiles and digital advertising rise by 45, 51 and 36% respectively on a year-on-year basis.

These figures were built on a global monthly audience reach of 156m across all platforms, representing a year-on-year increase of 44%.

Time Out Group CEO Julio Read full story ›

Source: The Drum