Tag: outfront media

Bonanni to Lead OUTFRONT’s Southern Region

NEW YORK, NY, May 1, 2023 – OUTFRONT Media announces the promotion of Mark Bonanni to Senior Vice President of the South Region. Mark’s remit will include oversight for the region’s 14 market, business operation, sales, and government affairs. Mark has been with OUTFRONT since 2015, when he joined as […]

Out of Home Leverage Declining but Debt Costs Rise

Moorgate Capital Partners has prepared a summary of out of home leverage and cost of debt trends thru December 2022.  The cost of out of home debt has risen by 100-200 basis points over the last year due to Federal Reserve interest rate increases.   Lamar has the lowest weighted average […]

OUTFRONT Revenue up 7% in 4Q 2022

“We’re proud to deliver on our original guidance especially in light of some of the headwinds in the macro environment and the rapid rise in interest rates,” was how OUTFRONT CEO Jeremy Male led off the fourth quarter 2022 earnings call.  Here are the results from the OUTFRONT 4Q 22 […]

Jeremy Male: Just About Every Vertical is Up

OUTFRONT Media is seeing no sign of a recession-based drop in out of home demand and almost all verticals are up. Here’s a summary of OUTFRONT Media CEO Jeremy Male’s comments at last weeks Goldman Sachs Communicopia conference. Any signs of a recession? I sat with our national sales team […]

What Should Your Out of Home Bad Debts Be?

A reader asks what % of uncollected receivables is normal for an out of home company.  Bad debts (e.g. an uncollectible account receivable) should be minimal at your out of home company because you can require payment within 30 days or you’ll take an ad down.  You can also require […]

OUTFRONT Media Acquires Prime Digital Assets in Calgary, Canada’s Fourth Largest Market

NEW YORK, June 20, 2022 /CNW/ — OUTFRONT Media Inc. (NYSE: OUT), one of the largest out-of-home media companies in the U.S. and Canada, announced today that its subsidiary, Outfront Media Canada LP acquired a portfolio of prime DOOH assets in Calgary, Alberta, Canada from Leading Outdoor Inc., founded by father and son, Vance Macdonald Sr. and Vance […]

OUTFRONT Debuts 3D DOOH Campaign in Times Square For Mental Health Awareness Month

Madhappy’s OOH Campaign Displays Positive, Eye-catching Content To Raise Awareness of Mental Health For The Month Of May   NEW YORK, May 11, 2022 /PRNewswire/ — OUTFRONT Media Inc. (NYSE:OUT) recognizes Mental Health Awareness Month in partnership with mental health-focused clothing brand Madhappy, to debut their first spatial OOH campaign […]

Network Outdoor Divest Digital OOH Assets to OUTFRONT Media

Network Outdoor announced today the divesture of select digital out-of-home advertising displays in central Pennsylvania to OUTFRONT Media. SignValue represented the Seller in the transaction. Paul Wright, CEO of SignValue, had this to say about the transaction. “We were honored to help Network Outdoor sell these premier digital assets in […]

Jeremy Male: “Demand for Out of Home is as it was going into the pandemic.”

Onward and upward but don’t expect OUTFRONT to bid for Clear Channel Europe.  Those were the highlights from OUTFRONT CEO Jeremy Male’s talk at the Deutsche Bank 30th Annual Media, Internet and Telecom Conference this week. Positive momentum If we look back to 2019, out of home in general grow […]