Time expects events business to cross $10M revenue mark for first time in 2022

Posted

Time’s events business is on pace to bring in at least $10 million in revenue this year for the first time, according to Ian Orefice, president and COO of Time and Time Studios.

The business is “projected to grow around 20 to 30% in 2023,” Orefice said. He declined to share exactly how much revenue Time’s event business is driving this year.

This comes after Time “dipped our toe” in live events in 2019, with three live events: Time100 summit and gala (celebrating Time’s long-running franchise of naming the most influential people of the year), Time100 Health Summit and Time100 Next, Orefice said.

Read more from Digiday