If you’re shaping projections for how the US economy will do in 2021 consider what Jan Hatzius Goldman Sachs Head of Global Investment said on Exchanges at Goldman Sachs last week: I think overall my broader view would be that while the economy is going through a much slower stretch […]
Tag: Goldman Sachs
William Eccleshare: This isn’t the Moment to Sell Europe
Covid has temporarily put the brakes on the sale of Clear Channel Outdoor European assets according to Clear Channel Outdoor Worldwide CEO William Eccleshare. Here’s a selection of comments by Eccleshare, Americas CEO Scott Wells and CFO Brian Coleman at yesterdays’s Goldman Sachs Communicopia Conference. A selection of their comments. […]
Jeremy Male: We feel great about the markets we’re in. We feel great about the industries we’re in.
OUTFRONT is holding billboard pricing and resuming capital spending according to Jeremy Male. Here’s a selection of his comments at yesterday’s Goldman Sach’s Communacopia conference. Pricing We much prefer to maintain rate integrity…If we have an advertiser that’s paying $100, we’d much prefer to provide some incremental benefit, extra space […]
Covid-19, the economy and US out of home revenues
Goldman Sachs has a great powerpoint on Coronavirus and the US economy. Some of the highlights. The coronavirus will reduce US real GDP on an annualized basis by about 35% for the second quarter of 2020. US GDP will bounce back with annualized growth of about 15% in the […]
Eccleshare: There Might be Better Owners for Some International Assets
William Eccleshare seems a bit more open to selling Clear Channel Outdoor’s international operations. Here are the highlights from his talk at the Goldman Sachs Communicopia conference wednesday. On why Clear Channel Outdoor is growing. The rush to online was effective but it might have been just a little bit […]
Jeremy Male: Big cities are taking an increasing share of the media pie and that’s where we’re big
Here’s a summary of OUTFRONT CEO Jeremy Male’s comments yesterday Goldman Sachs Communacopia Conference. Outfront’s revenue growth is coming from big markets Big cities are taking increasing share of the media pie and that’s where we’re big…Our top 15 markets grew at a higher rate in Q2 than our overall […]
Jeremy Male: We have this amazing opportunity
Outfront CEO Jeremy Male was upbeat in remarks at last week’s Goldman Sachs Communicopia Conference. You can access his recording at the Outfront Website. Here are the highlights: On the need to improve the out of home buying process At the moment if you want to buy a billboard from […]
Reilly Preparing for Consolidation and Ad Agency Turmoil
Lamar must be prepared to take advantage of industry consolidation and ad agency turmoil. That’s how Lamar CEO Sean Reilly began his remarks to the Goldman Sachs Communicopia Conference last Thursday. Here are the highlights. On changes in the ad agency market There’s great turmoil in the big agency business. Clients […]
JCDecaux Makes Play For APN Outdoor In Australia
Paris, June 20th, 2018 – JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces that it has submitted an indicative and non-binding proposal to acquire 100% of APN Outdoor Group Limited share capital based on its current business assets, via a scheme of arrangement, for A$6.52 per […]