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'Time Out' To Sell Events Tickets On Web Site

UK private equity firm Oakley Capital, the majority owners of culture/events magazine publishers Time Out, plans to invest about $7 million in the next year developing a global event database and software enabling readers to buy tickets from the Time Out Web sites. Time Out currently publishes a magazine in 35 cities worldwide, and plans to expand to 15 more cities.

Read the whole story at The Telegraph »

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