Warren Buffet likes Lamar. Buffet’s company Berkshire Hathaway disclosed that it has taken a $142 million position in Lamar stock based on the August 2025 13F filing. CNBC has picked up the story as well. This isn’t the first Buffet to invest in out of home. Warren Buffet’s grandnephew Alex […]
Finance
Sean Reilly on Integrating Acquisitions
On last week’s earnings call Lamar CEO Sean Reilly was asked about how Lamar integrates acquisitions and he said this: When it’s a fill-in the expense synergies happen extremely quickly…on a fill in deal we’re just buying billboard structures, billboard permits, advertising contracts and ground leases and we don’t need […]
Link Media Outdoor Revenues Flat in 2Q 2025
Link Media Outdoor, the out of home subsidiary of publicly-traded Boston Omaha, had flat revenues during 2Q 2025. Here are the results of the Boston Omaha 2Q 2025 earnings release, sponsored and analyzed by SignValue. Revenues were flat at $11.4 million during the second quarter of 2025. Ground rent expense […]
Lamar Revenue up 2.5% in 2Q 2025
“Solid, but not spectacular,” was how Lamar Advertising CEO Sean Reilly described the company’s 2Q 2025 financials. Here are the results of the 2Q 2025 earnings release and conference call, sponsored and analyzed by SignValue. Net revenue increased 2.5% to $579 million. Organic growth was 1.9% for billboards, 11.7% for […]
Clear Channel Outdoor Revenue up 7% in 2Q 2024
“We delivered solid financial results” was how Clear Channel Outdoor CEO Scott Wells introduced the 2Q 2025 earnings release. Here are the results of the Clear Channel Outdoor 2Q 2025 earnings release, earnings presentation and conference call, sponsored and analyzed by SignValue. Consolidated revenue grew 7% due to strong performance […]
OUTFRONT Revenue Down 4% in 2Q 2025
Lots of organization changes at OUTFRONT during the past quarter. Here are the the results of OUTFRONT’s 2Q 25 earnings release, earnings presentation and conference call, sponsored and analyzed by SignValue. Consolidated revenue declined 4% to $460 million in 2Q 25 due to the exit of the low margin MTA […]
Clear Channel Issues Sr Secured Notes
Clear Channel has issued $2 billion in senior secured notes to retire existing debt. Here’s the press release together with an analysis by SignValue. SAN ANTONIO, July 21, 2025 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) announced today that it priced an offering (the “Offering”) of […]
Are Checks Free?
A Billboard Insider reader writes this in response to our Getting Paid post in which we wrote that most banks charge out of home companies a per check deposit fee: Where do you guys bank? I have never paid a check deposit fee at any bank and we deposit all […]
Getting Paid
There are multiple ways to take payment from out of home clients. Here’s a review of the different forms of payment, ranging from least costly to most costly together with a discussion of the pros and cons of each form of payment. Checks (no quickbooks fee plus $0.20-0.30 […]
SignValue on the Lamar/Verde Acquisition and Why it Matters to You
Yesterday’s press release of the Lamar Advertising acquisition of Verde Outdoor created a new transaction vehicle for the public REIT’s as they announced the first-ever UPREIT transaction in the billboard industry. Billboard Insider worked with SignValue to better understand how an UPREIT works. Lamar has been interested in using an […]