Finance

Moorgate Securities Advises Out of Home Media LLC on Sale to Hello Media

SAN JUAN, Puerto Rico – Out of Home Media, LLC (“OOHM” or the “Company”), the 2nd largest out-of-home advertising operator in Puerto Rico, announced that the Company has been acquired by Hello Media, LLC (“Hello Media”). OOHM’s operations included 94 advertising displays, including 70 digital displays, predominantly located in the […]

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

SignValue has prepared the following analysis of Clear Channel Outdoor’s 4th 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 – Q4 Overview

SignValue has prepared the following analysis of OUTFRONT Media’s 4th 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 and we […]

SignValue’s Lamar Advertising at a Glance – 2023 Q4 Overview

SignValue has prepared the following analysis of Lamar Advertising’s 4th 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 and we don’t […]

5 Things About Link Media

Here are five things about Link Media Outdoor which Billboard Insider learned from reading the 2023 10k of Boston-Omaha. Scale, Scale, Scale Link Media is a textbook case of taking advantage of scale economies.  Revenues have grown faster than expenses in every year of the company’s life.  Key expense items […]

OUTFRONT and Lamar Outpace Market in 1Q 2024

OUTFRONT and Lamar Advertising outpaced the market during the first quarter of 2024.  OUTFRONT was up 20% for the first quarter on news that revenues are finally rebounding from covid and low to mid single digit revenue guidance for 2024.  Lamar Advertising rose 12% versus a 10% rise in the […]

Link Media Outdoor revenues increase 6% in 4Q 2023

Link Media continues to grow although at a slower pace.  Here are the Link Media financials extracted from the Boston Omaha 2023 10k. Revenues increased by 6% to $10.9 million during the fourth quarter of 2023 due to increases in occupancy and rate.  Here are Link Media’s quarterly billboard revenues […]

5 Things About Lamar

Here are five things about Lamar Advertising Billboard Insider learned from reading  Lamar Advertising’s 2023 10-k. Billboards, Billboards, Billboards Lamar is all about roadside billboards.  Roadside billboards have averaged 88-89% of Lamar’s total revenue for the past 10 years.  The company’s highway sign logo business has accounted for 4-6% of […]

Clear Channel Finalizes Details on New $375 Million Term Loan

Clear Channel issued a press release confirming details on a new term loan debt facility through their wholly owned subsidiary, Clear Channel International B.V. (“CCIBV”).   CCIBV closed on the agreement on March 22nd with J.P. Morgan Chase Bank as the agent on the loan facility. Proceeds of the CCIBV Term […]

Inflation Expectations Coming Down

Inflation matters for an out of home company.  It tells you how fast you need to grow revenues to avoid going backwards and landlords incorporate inflation into their out of home rent expectations.  In January Billboard Insider reported that inflation was 3.4% for 2023.  The good news is that inflation […]