Finance

Scott Wells Will Be Glad to See Interest Rates Fall

Clear Channel Outdoor CEO Scott Wells appeared at the Wells Fargo TMT Summit this week.  A selection of his comments. Clear Channel’s San Francisco market is showing signs of life The end of summer was not particularly robust but people are spending now. I think that the completion of the […]

CCO Execs say Iconic Boards and Airports are Strong

Clear Channel Outdoor CFO Brian Coleman and Clear Channel Outdoor Americas CFO David Sailer appeared at the Bank of America Leveraged Securities Finance Conference this week.  Some of their remarks: Clear Channel Outdoor Americas CFO David Sailer on Clear Channel Outdoor’s US business I’d say the first priority is to […]

Public OOH Companies Trading at 12X Cashflow

Billboard Insider enjoys reading the Media Monthly report from Solomon Partners.  Here’s a snapshot from the Solomon Partners Media Monthly November 2023 report showing how the market is valuing each public out of home company as a multiple of cashflow. The public out of home companies have a median total […]

Out of Home Lease Taxes Decline in Florida

By Jennifer Sloane, The Law Office of Jennifer Sloane, PLC. It’s not often that we get to warn you that your tax liability is going DOWN.  Yes, that’s right … down! If you are an out of home operator in Florida and comply with the State laws requiring a tax […]

SignValue’s Clear Channel Outdoor at a Glance – September 2023

SignValue has prepared the following analysis of Clear Channel Outdoor’s 3rd Quarter 2023 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 […]

SignValue’s OUTFRONT Media at a Glance – September 2023

SignValue has prepared the following analysis of OUTFRONT Media’s 3rd Quarter 2023 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 […]

SignValue’s Lamar Advertising at a Glance – September 2023

SignValue has prepared the following analysis of Lamar Advertising’s 3rd quarter 2023 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 […]

Link Media Outdoor Revenue Up 9.5% in 2Q 2022

Link Media outdoor is still growing.  Here are the results from the Boston Omaha 10Q for the 9 months ended September 30, 2023. Revenues increased 9.5% to $10.9 million for the 3 months ended September 30, 2023 due to an improvement in rental and occupancy rates and the acquisition of […]

Clear Channel Outdoor Consolidated Revenue Up 2.7% in 3Q 23

Clear Channel Outdoor third quarter 2023 results can be summarized as US billboards down, everything else up.  Here are the results of the Clear Channel Outdoor 3Q 23 earnings release, Clear Channel Outdoor 3Q 23 investor presentation and conference call. Consolidated third quarter revenue grew 2.7% to $517 million.  US […]

Bank Lending Continues to Tighten

Bank lending standards continue to tighten according the the October 2023 Federal Reserve Bank Survey of Bank Loan Officers.  Some of the highlights. Commercial and industrial loan standards have tightened for 5 consecutive quarters as has commercial and industrial loan pricing. 35% of credit officers said that they have tightened […]