Moorgate Capital Partners produces an outstanding quarterly report on the out of home advertising industry. Here are some charts in Moorgate’s 4Q 2024 State of the OOH Industry report which caught our eye. A muted acquisitions market. Here’s a breakout of Public company OOH acquisitions from 2019 to 2024. […]
In 2021 Lamar purchased a 20% stake in programmatic out of home sales company Vistar Media for $30 million. Here’s an analysis of that investment sponsored and analyzed by Signvalue. Vistar Financials and Exit Multiple Lamar’s Vistar Media investment was accounted for using the equity method which means that Lamar […]
Here are 5 things about Clear Channel Outdoor which SignValue learned from comparing Clear Channel Outdoor’s 2024 10k to prior years. A smaller more focused company. Clear Channel has has moved international assets into discontinued operations which has resulted in a much smaller but more focused company which is almost […]
Here are 4 things about OUTFRONT which SignValue learned from comparing OUTFRONT’s 2024 10k with prior years. Fewer billboards, more transit displays The number of OUTFRONT billboard displays declined by 13% in 2024 due to the sale of the Canadian plant and the loss of the New York MTA billboard […]
Here are 5 things about Lamar which SignValue noticed from reading Lamar’s 2024 10k and comparing it to prior years. More statics, more digitals. Static displays grew 2% during 2024 due primarily to acquisitions. Digital displays grew 5% due to digital conversions and acquisitions. Logo and directional signs declined 1%. […]
I have 35 years experience lending to out of home companies. My Billboard Loans business partner Dave Westburg and I have were reviewing one of our old out of home lending white papers and decided to write an article on how the out of home business has changed since 2000. […]
Link Media had a solid 2024 but Link Media’s parent Boston Omaha has hit pause on acquisitions. Here is a review of Boston Omaha’s 2024 10k and 2024 annual letter, sponsored and analyzed by SignValue. A textbook case of scale economies This chart shows the steady improvement of Link Media’s […]
SignValue has prepared the following analysis of JCDecaux’s full year 2024 financials. If you have questions, contact one of their experienced analysts for a free and confidential consultation at info@signvalue.com or call 480-657-8400. To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the […]
Out of home stocks underperformed the market in the first quarter of 2024 due to fears of a trump tariff induced recession. Here’s an analysis of the performance of public US out of home stocks, sponsored by SignValue. The S&P 500 fell 4.6% during the first quarter of 2025 (3 […]
SAN ANTONIO, March 31, 2025 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) today announced that it has closed the sale of the businesses constituting its Europe-North segment to Bauer Radio Limited, a subsidiary of Bauer Media Group. The purchase price from the transaction was $625 million, subject […]
