Sean Reilly tells investor conferences that he’s managed through three recessions at Lamar. It’s instructive to look at what Lamar did during the last recession for tips on how to weather the covid-19 recession. From 2007-2009, Lamar’s revenue declined by 12% and cashflow declined by 18%, but the corporate cashflow […]
NEW YORK, April 20, 2020 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) today announced that it, along with certain subsidiaries, entered into an amendment to the credit agreement governing its $500.0 million revolving credit facility due November 2024. The revolving credit portion of our senior credit facilities is subject to a […]
Broadsign interviewed staff members in China and Australia about the impact of covid-19 on digital out of home. We’re running the responses below. We are living in unprecedented times as the novel coronavirus COVID-19 has rapidly spread around the world, and the global population navigates a new normal, many […]
Inrix reports that national wide passenger travel for the week ended April 17 has stabilized at 54% of normal versus pre-covid 19 periods. Here’s the chart. Source: Inrix US National Traffic Volume Synopsis Issue #5 (April 11-17, 2020) Long haul trucking is down 13% from pre-covid periods. Local area commercial […]
Baton Rouge, LA – April 16, 2020 – Lamar Advertising Company (Nasdaq: LAMR) today announced that the company is supplying vinyl billboard material for conversion into personal protective equipment (PPE) for immediate use by healthcare workers caring for COVID-19 patients at medical facilities across Louisiana. Lamar has joined forces with […]
Last year Geopath formed a futures council to help Geopath and the out of home industry prepare for the future. In December 2019 Insider interviewed 4 members of the council: Scott Fiaschetti, Gina Stratford, Matthew Noll and Mike Buongiovanni). Today Insider talks with three more council members: Toni Short, Piper […]
Nancy Fletcher, President and CEO Emeritus of the OAAA has been nominated to join Lamar Advertising’s Board of Directors. Some other things Insider noted in Lamar’s proxy statement which was released Friday. Lamar’s Board Will Have More Women and Fewer Insiders Women will account for 33% of 3 of Lamar’s […]
Penneco is urging consumers to buy local. View Outdoor is reminding consumers that businesses do carry out. Bullfrog Outdoor is encouraging people to support local businesses and thanking first responders. LMR Digital in Gonzales Louisiana is advertising local restaurants which are open on two digital billboards. [wpforms id=”9787″] Paid […]
London, UK: The heroic achievements of 99-year-old war veteran Captain Tom Moore who has raised more than £21 million for NHS charities by walking 100 laps of his garden are being celebrated by the world famous Piccadilly Lights in London. From 10am today (Saturday, April 18), an hourly salute to […]
Rate This Board allows a billboard designer to rate a random piece of billboard artwork using the following scale: 1 (not good), 2 (below average), 3 (average), 4 (very good), 5 (great). Then the designer talks about what they may have done differently for outdoor advertising. This week’s rating is […]
