Company: Park Outdoor Advertising Headquarters: PO Box 4680, Ithaca, New York 14852-4680 Markets: New York, Pennsylvania. Phone: 607-257-1477 Email: david.feldman@parkoutdoor.com Park Outdoor operates a billboard plant with 1,500 billboards in upstate New York and northern Pennsylvania. Park operates regional offices in Binghamton, Finger Lakes, Utica and Syracuse. Park is a member of the […]
Month: November 2020
Investment Bankers Say OOH Valuations Steady Despite Covid
Last week PJ Solomon investment banker Mark Boidman suggested that bid ask spreads are widening in the out of home market. Insider asked some out of home investment bankers to comment and they suggested that while some buyers are discounting bids for covid, other buyers aren’t. Max Drachman says there’s […]
Clear Channel Outdoor Outperforms Expectations for Third Quarter 2020
Clear Channel Outdoor announced better than expected third quarter 2020 results due to a rebound in Europe. Here are the results of the earnings release, earnings presentation and conference call. Revenue declined 32% to $448 million in the third quarter of 2020 versus a decline of 55% during the second […]
Angel Saemai on the Wall Business and Painting in Winter
On Monday we featured Overall Murals as our company of the day. Overall murals hand-paints walls across the United States. Insider talked with co-founder Angel Saemai about wall painting. How did you get into the out of home business. On one of my first visits to New York in […]
Boston Omaha Announces Third Quarter 2020 Results
Link Media parent company, Boston Omaha Corporation, announced results for the quarter and nine months ended September 30. In their 10-Q their management described Link Media as an “owner of smaller billboard companies located in the Southeast United States and Wisconsin”. That distinction stood out to Insider as we read […]
Clear Channel UK CMO Martin Corke Joins WOOH Board
Clear Channel UK Chief Marketing Officer and European Marketing and Communications Lead Martin Corke is to succeed Clear Channel colleague Philippe Baudillon on the World Out of Home Organization global board. Baudillon was Regional CEO, Clear Channel (France, Belgium, Netherlands.) Corke […]
Company of the Day – Ozark Poster Advertising
Company: Ozark Poster Advertising Markets: Northern Arkansas and Southern Missouri. Headquarters: 114 N. Sycamore St, Harrison, Arkansas 72601 Phone: 870-741-5567 Email: info@ozarkposter.com Ozark Poster Advertising is a 3rd generation family owned and operated business located in Harrison, AR. Mosco F. Cash Jr. bought the company in 1964, when it consisted […]
OOH Industry Mourns Loss of Wade Leslie
Longtime industry leader Wade Leslie IV, president and chief executive officer of West Virginia Outdoor Advertising, died at home on November 3. He was 57. “A great guy who was great for the industry,” summed up Shane Walters of Lamar Advertising Company. A funeral service was scheduled 2 p.m. Sunday, […]
JCDecaux Revenue Down 41% in 3Q 2020
Insider has two thoughts about last Friday’s JCDecaux third quarter earnings announcement. Billboards and street furniture are rebounding from covid the fastest. JCDecaux revenue was down 41% in the 3rd quarter of 2020. The worst impact of covid was on the company’s transit business which is down 52%. Covid needs to […]
Grey Outdoor Acquires Wig Outlet Billboards
Grey Outdoor LLC has acquired the assets of The Wig Outlet in Robeson County. Insider talked with Grey Vick about the transaction. What did you buy? 8 wood billboard structures. The assets located on I-95 just south of Exit 40 near the Robeson and Cumberland County line. These locations are near […]