On November 21, 2024 ICT Media Group, LLC. divested its Wichita, Kansas assets to Legacy Outdoor Advertising. The Seller, ICT Media Group, is a Kansas-based company headed by Matt Vos. The Buyer, Legacy Outdoor Advertising, is a Wyoming-based company headed by Chris Hilliard. Legacy also owns and manages assets in […]
Out of home credit markets are tightening. Billboard Insider talked with several small out of home companies whose banks have refused to renew a line of credit or refused a request for acquisition funding. The data bears this out. Here’s a chart taken form the Federal Reserve Senior Loan Officer […]
SignValue has prepared the following analysis of Lamar Advertising’s 3rd quarter 2024 financials. If you have questions contact Paul Wright, CEO, SignValue, paul@signvalue.com, 480-657-8400. To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the word “Subscribe” in the title. Our newsletter is free and we […]
Following up on the recent articles in Billboard Insider, I thought it would be beneficial to talk about the representations and warranties that lenders require. Typically, if you borrow, these reps and warranties are non-negotiable. They start the first day you borrow and extend “at all times any indebtedness exists.” (Quotation […]
Boston Omaha released third quarter 2024 financials yesterday. Here are the financials for Boston Omaha’s Link Media Outdoor subsidiary, sponsored and analyzed by SignValue. Revenues 2024 increased 5.6% to $11.5 million for 3Q 2024 due to improved rates and occupancy. The company has 7,600 billboard faces which works out to […]
“Our U.S. business grew revenues over 5% driven by an acceleration in our billboard growth and high single digit growth in transit”, was how OUTFRONT CEO Jeremy Male described the company’s third quarter 2024 performance. Here are the results of the OUTFRONT 3Q 2024 earnings release, 3Q 2024 earnings presentation […]
Exciting Leadership News at Adams Outdoor Advertising! We’re proud to welcome Louise Lopez as our new Chief Financial Officer! With over 20 years of C-suite experience, Louise has a wealth of expertise in strategic planning, mergers & acquisitions, shareholder value optimization and building high performing teams. She has led high-impact […]
“Trends continue to be encouraging as we near year end,” was how Lamar CEO Sean Reilly lead off the company’s 3Q 2024 earnings call. Here are the results of the Lamar Advertising 3Q 2024 earnings release and conference call, analyzed and sponsored by SignValue. Revenues increased by 4% to $564 […]
BROOKINGS, S.D., Nov. 08, 2024 (GLOBE NEWSWIRE) — Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today announced that, after careful deliberation, the Board of Directors (the “Board”) has determined that it is […]
Here is a summary of Clear Channel Outdoor’s third quarter 2024 earnings release, third quarter 2024 earnings presentation and third 2024 earnings call, analyzed by SignValue. Consolidated revenues grew 6.1% to $559 million due to growth internationally, at airports and in the US. Revenues were up 5% in the US. […]
