One in four Billboard Insider readers have acquired billboards in the past year year and one in four Billboard Insider readers plan to make an acquisition in the next year. How do you make money when you buy a billboard? There are three ways. None of them are easy. Increase […]
Author: billboardinsider
OOH and Tariffs: What’s Next
By Mike Hershey, EVP – Government Affairs, OAAA National news last week sent a ripple of uncertainty across various segments of our economy – the Trump Administration’s announcement of a 25% tariff on all goods from Canada and Mexico. This week, another trade news drop – a 25% tariff on […]
Company of the Day: Wingate Outdoor
Company: Wingate Outdoor Advertising, Inc. Markets: Arkansas and Missouri Address: 112 East Church St, Berryville, AR 72616 Phone: 870-423-4707 Email: info@wingateoutdoor.com Wingate Outdoor Advertising operates a billboard plant in Northwest Arkansas and Southwest Missouri. The company was started by Gene Wingate and his son Ken in 1986 to provide a cost effective way for […]
Billboard Insider Readers Love to Build Signs
Yesterday Billboard Insider suggested four ways to create value in the out of home industry. Buy a billboard company. Buy a billboard easement. Convert a static billboard to digital Construct a new billboard. Billboard Insider readers love to construct new billboards to create value. Here are the resuts of our […]
Vistar Media’s Provenzano: T-Mobile was one of our biggest clients
Ian Dallimore interviewed Vistar Media CEO Michael Provenzano on Lamar’s Podcast. In January T-Mobile announced that it had signed an agreement to purchase Vistar Media for $600 million. Some highlights of the podcast. Vistar Media Culture We have this very basic phrase internally people-product-revenue in that order and people […]
What’s Happened to the Independent Out of Home Agencies?
Billboard Insider received this comment from an independent out of home company owner: “What happened to all the agencies? In the past there were 8-10 big agencies and 10 more small agencies that used billboards in my state. Me and my sales guy went to see all the agencies listed, […]
The Four Ways to Make Money in Out of Home
On page 24 of the River Oaks Capital H2 2024 report, portfolio manager Whit Huguley says there are four ways to make money in the out of home business. Acquire a poorly managed billboard company and come in and cut costs & properly manage the company. Easement purchases – pay […]
Company of the Day: West Coast Billboards
Note: We are re-featuring West Coast Billboards as our company of the day after a fascinating discussion with Jeremy Jones, the company’s CEO Company: West Coast Billboards Market: California Email: westcoastbillboards@gmail.com Phone: 559-736-1569 West Coast Billboards is a small family owned company which operates on out of home plant with […]
A Reader Wishes Sales Comp was Based on Revenues and Collections
A former out of home sales executive had this comment on Kevin Gephart’s How Out of Home Companies Pay Sales Employees. As a former Account Executive and Manager billing collections is the “be all” best way to pay commissions. The down side was that of recent reward. An account executive […]
Out of Home banker Ken Altena says know what you’ve pledged
At Billboard Loans, we get a lot of inquiries for secured loans. Most out of home companies understand the general concepts of security and collateral but very few understand the details. Here’s a short lending quiz. Your lender has a security interest in all your assets.True or false. Your lender […]