Finance

Billy Tolson on Financing an Out of Home Company

Billboard Insider has been running an interview series with Fairmount Outdoor President Billy Tolson. Billy has talked about finding his way from child acting to the out of home industry, what makes a good billboard lease and what it’s like to run a murals business.  Today he talks about how to […]

OUTFRONT Revenue Up 9% in 3Q 2026

“Our revenue momentum is strong and will accelerate into Q4,” was how OUTFRONT CEO Nick Brien described performance during the OUTFRONT’s 3Q 2026 investor call.  Here are the results of the OUTFRONT 3Q 2026 earnings release, investor presentation and investor call, sponsored and analyzed by SignValue. Revenues increased 9% to […]

JC Decaux Revenue up 9.1% in 3Q 2026

Here are JCDecaux’s third quarter 2026 financial results, sponsored by SignValue. Strong revenue growth driven by digital and programmatic trading Paris, November 4th, 2026   Strong Q3 revenue growth  €1,010.5m in revenue +9.1% reported revenue growth +6.6% organic revenue growth +15.3% organic digital revenue growth, digital 45.4% of total revenue […]

Lamar Advertising Revenues up 6.6% in 3Q 2026

“We are ending 2026 with a lot of momentum,” was how Lamar Advertising CEO Sean Reilly summed up the the third quarter of 2026.  Here are the results of the Lamar Advertising 3Q earnings release and conference call sponsored and analyzed by SignValue. Revenues increased 6.6% to $625 million.  National […]

New Tradition Acquires Connell Outdoor

  NEW YORK — November 3, 2026 — New Tradition, a leading independent out-of-home media company known for landmark media in iconic, high-traffic locations, today announced its acquisition of Connell Outdoor Advertising, adding 88 static and digital billboard faces to its portfolio and expanding its Las Vegas presence with extensive […]

Clear Channel Receives CFIUS Clearance – Sale to Close Next Week

SAN ANTONIO, Oct. 7, 2026 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) today announced it has received clearance from the Committee on Foreign Investment in the United States (“CFIUS”) in connection with the Company’s pending acquisition by Mubadala Capital (the “Merger”). With the receipt of CFIUS […]

Clear Channel Outdoor confirms Mubadala Capital sale to close in 4Q 2026

Clear Channel Outdoor filed a form 8k yesterday confirming that the Mubadala sale will close before the end of the year.  Clear Channel Outdoor stock rose 1.91% to $2.405 in response.  Here’s the release Item 7.01 Regulation FD Disclosure.     On October 1, 2026, Clear Channel Outdoor Holdings, Inc. (the “Company”) […]

US Out of Home Stocks Underperform Market in 3Q 2026

US out of home stocks underperformed the market for the third quarter of 2026 as rising interest rates and fears of a possible recession impacted values.   Here’s a review of US out of home stock performance in the third quarter of 2026, sponsored and analyzed by SignValue. During the […]

Capital spending averages 5.75% of revenue for the public out of home companies.

What should your annual capital expenditures be excluding large one-time acquisitions?  We’ve heard OUTFRONT’s CFO Matt Siegel mention that OUTFRONT spends approx 5% of revenue on capital projects on investor calls.  Look at this analysis prepared by Jeff Seddon of Moorgate Capital Partners.   Capital spending (excluding acquisitions) averages 5.75% […]

Verde Outdoor Unveils New Brand and Website

Tempe, AZ — Verde Outdoor Capital (VOC) is entering its next era of growth with broader financing capabilities, a refreshed brand identity and a new website designed to better serve operators across the outdoor advertising industry. VOC provides $2 million to over $50 million in financing for acquisitions, refinancing, recapitalizations, […]