Today’s podcast guest is Ian Dallimore, sneakerhead, father of triplets and VP of Digital Growth at Lamar Advertising. Ian is excited about the future of out of home. Here are the highlights. How have improved data tools helped Lamar communicate with clients during the covid crisis. Lamar has a large […]
Geopath and intermx have released the average daily miles traveled report for the week ended May 22. Traffic increased across all 100 top DMA’s in the US. The median increase in average daily miles travelled across the top 100 US DMA’s was 41% over the past month. New York (up […]
Clear Channel Outdoor announced a “shareholder rights plan” on May 19: SAN ANTONIO, May 19, 2020 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (CCO) (the “Company”) announced today that its board of directors (the “Board”) unanimously adopted a shareholder rights plan (the “Rights Plan”) to protect the interests of all Company […]
The Maryland Court of Appeals will review a challenge to Baltimore’s Billboard tax. Clear Channel Outdoor has asked courts to overturn a tax at the rate of $15 per square foot for digital billboards and $5 per square foot on other billboards. Clear Channel Outdoor says the tax is constitutionally […]
NNY360 reports that parents have raised $2,245 to run billboards commemorating local high school grads.This quote by newspaper photographer Christopher Lenney who is also the parent of a high school graduate says it all. “I was like, ‘Man these kids have grown up under the influence of Lamar Outdoor Advertising […]
Here’s a selection of Lamar CEO Sean Reilly’s comments at this week’s JP Morgan Global Technology, Media and Communications conference. On how the COVID slowdown hit Lamar and what Lamar did. It was state by state. As soon as a state would shut down there would be a phone call […]
Yesterday Lamar announced it was issuing $400 million in privately placed senior notes. Here is an excerpt from the press release: Baton Rouge, LA — May 11, 2020 — Lamar Advertising Company (Nasdaq: LAMR) announced today that it is seeking to raise approximately $400.0 million through an institutional private placement of senior […]
Blip Billboards made the news in Utah with billboards celebrating graduating seniors. Here a link to an ABCNews4 Article and video. Lakeland Outdoor is honoring grads on billboards as are Reagan, Lamar and Highroad Outdoor. Insider’s take: You should be pitching your capabilities to use digital billboards to feature graduating […]
On last week’s earnings call Sean Reilly reviewed Lamar’s top verticals: Our top three verticals are service, hospitals and restaurants. 1,2 and 3 are looking strong…Service is primarily attorneys. We’re getting a lot of inbound from attorneys…There are other services – things like pest control, home and office cleaning…and we’re […]
“We were off to a strong start to 2020. Then over course the coronavirus pandemic adversely affected us and our customers in late March and through April. We have used that time to prepare the company for the downturn and ensure we emerge even stronger on the other side.” That’s […]
