Tag: outfront

OUTFRONT Acquires OOH Assets in Grand Rapids

NEW YORK, NY – December 16, 2021 – OUTFRONT Media Inc. (NYSE:OUT) announced it has acquired 29 Digital and 87 Static faces from Grand Rapids Outdoor, 90% of which are in the Grand Rapids metropolitan area with the balance in Detroit. These new assets expand OUTFRONT’s portfolio within the Grand […]

OUTFRONT Announces 3rd Annual OUTFRAME Winner

NEW YORK, NY – December 15, 2021 – OUTFRONT Media Inc. (NYSE:OUT) is excited to announce Valentina Elegante of Future First Studio @ Direct Agents as the winner of the third annual 2021 OUTFRAME art competition. This is the second year in a row that Direct Agents takes home the […]

Beau Burkett on the Seller’s Market in Out of Home

It’s a seller’s market in out of home.  Billboard Insider is aware of 5 transactions which closed yesterday. Juggernaut Media divested assets in Phoenix. Media Choice acquired Kramerica Outdoor Advertising in North Texas Lindmark Media acquired Quail Outdoor in New Mexico and 77 static displays from Griffin Media in  Tulsa, […]

Change “FOREVER”​

By Eddy Herty, VP, National Creative Director of OUTFRONT Studios at OUTFRONT Media   “It’s important to evolve and not sit in one space.” – Virgil Abloh Yesterday, (Nov. 28, 2021) Virgil Abloh, Founder/CEO of Off-White and Louis Vuitton Creative Director, Entrepreneur, artist, DJ, fashion icon, etc, passed away from his fight […]

OUTFRONT Revenues Up 41% in 3Q 2021

“This is a great time for out of home and a great time for OUTFRONT” was h0w OUTFRONT CEO Jeremy Male summarized 3rd quarter 2021 performance.  Here are the highlights from Outfront’s 3rd quarter earning release, earnings presentation and conference call. OUTFRONT revenue grew 41% to $399 million.  Billboard revenues […]

OUTFRONT Augmented Reality Halloween Content

To get commuters in the spirit, OUTFRONT XLabs designed Spirits on the Moove, a Halloween-themed mobile Augmented Reality (AR) experience. The OOH-first experience allows outdoor audiences to capture commuter ghosts going about their day using Instagram Stories and a set of playfully animated AR filters accessible when scanning embedded QR […]

Out of Home Stock Dividend Yields

OUTFRONT announced yesterday that it will pay a $0.10 quarterly dividend on December 3, 2021.  Billboard Insider expects Lamar to announce a December dividend of at least $1.00 per share.  Here’s a dividend history for Lamar and OUTFRONT for the past three years. Are out of home stocks a good […]

OUTFRONT Doing Tuck-ins

OUTFRONT CFO Matt Siegel says the company is looking at tuck-in acquisitions.  Here is a selection of Siegel’s comments at yesterday’s Deutsche Bank 29th Annual Leveraged Financing Conference The Boston and New York transit markets are recovering Boston is similar to New York in that there is a return to […]

Lamar and OUTFRONT Outpace Market in 3Q 2021

Lamar and OUTFRONT outpaced the stock market during the third quarter of 2021.  Lamar up 9.4%, OUTFRONT up 5.2% and Clear Channel was up 0.4% versus  1.6% growth for the S&P 500. Public Stock Market performnce for 3 months ended September 30, 2021.  Lamar (green), OUTFRONT (purple), Clear Channel Outdoor […]