Massow to compete with Time Out…

In an ironic piece of news, it seems that Ivan Massow is to take on the beast of Time Out by investing heavily in a free competitor. He’s been interested in magazine publishing for a while now, as far as I can tell. I’m not sure he’s had much luck with it though. Here’s the quote from the Media Guardian:

“Massow targets listings market: Financier Ivan Massow has taken a 10% stake in CapitalLive, the free listings magazine taking on Time Out in London. Mr Massow, who built his financial services business targeting the gay community into a top 10 financial advisor, will become chairman of the title.”