Time
Out, the London entertainment magazine, has plans for expansion.
It already (1) OWNS the monthly magazine Paris Passion, and now it (2)
MOVING beyond France to other markets such as Argentina and Japan. Tony
Elliott, Time Out’s founder, says he (3) IS LOOKING FOR local people
to initiate
and run the magazine, as Time Out’s London office does not have the cash
or management time. Elliott also has plans for the website,
Timeout.com, which was launched in 1995 and (4) PROVIDES information
about
more than 30 cities. It (5) RELIES on advertising revenue and a small
amount of money from ticket sales to survive. But as Time Out changes
and expands, Tony Elliott (6) TRIES TO persuade advertisers in the
printed
version to take more space on the Internet site. Also, he (7)
INVESTIGATES. the possibility of charging visitors to the site
for access to
some information. Despite these expansion plans, Elliott says that a
flotation on the stock market is out of the question. He (8) WANTS
to keep
control of the business he has built up.