Time Out Group Plc operates as a holding company with interest in travel magazine and city guide publication. It operates through the following segments: Time Out Media and Time Out Market. The Time Out Media segment includes the sale of digital and print advertising and local business listings. The Time Out Market segment specializes in turnover related rent from restaurants in the market and charges for services. The company was founded by Anthony M. Elliott in 1968 and is headquartered in London, the United Kingdom.