Finance

AdQuick.com Among the First in Industry to Accept Cryptocurrency

Leader in Out-of-Home (OOH) Advertising Ahead of the Curve in Modernizing & Prioritizing Customer Convenience LOS ANGELES, March 25, 2022 /PRNewswire/ — AdQuick.com, the top out-of-home (OOH) advertising marketplace in the world, today announced it has begun accepting cryptocurrency as a payment method. The company made this move in order to accommodate its […]

Jeremy Male: “Demand for Out of Home is as it was going into the pandemic.”

Onward and upward but don’t expect OUTFRONT to bid for Clear Channel Europe.  Those were the highlights from OUTFRONT CEO Jeremy Male’s talk at the Deutsche Bank 30th Annual Media, Internet and Telecom Conference this week. Positive momentum If we look back to 2019, out of home in general grow […]

Five Things About OUTFRONT Media

Here are five things about OUTFRONT Media which Billboard Insider learned from reading the OUTFRONT Media 2021 10k. Workforce growing but not back to 2019. OUTFRONT’s workforce grew 5% in 2021 but is still 10% below precovid.   Entertainment is the belle of the ball. Entertainment is OUTFRONT’s leading industry […]

6 Things About Clear Channel Outdoor

Here are six things about Clear Channel Outdoor which Billboard Insider learned from reading the Clear Channel Outdoor 2021 10k. Fewer employees in Europe European employees dropped by 7% in 2020.  US and Latin American employees were flat. \ More Digital Revenues Digital revenues have been steadily increasing as the […]

Can JCDecaux buy Clear Channel Europe?

JCDecaux is a candidate to buy Clear Channel Outdoor’s international business but it depends on financing.  A stock analyst asked JC Decaux CFO David Bourg about the company’s leverage last week and Bourg said this: …in our business, we know that it is quite important to go back to a […]

5 Things About Lamar

Here are five things about Lamar which Billboard Insider learned from reading all 119 pages of the Lamar Advertising 2021 10K. Record this, record that. 2021 was Lamar’s best year ever for revenues, cashflow, cashflow margin and stock price.  The company used covid as a chance to prune expenses and […]

Scott Wells: We are a Real GDP-Plus Business

Clear Channel Outdoor CEO Scott Wells delivered upbeat remarks at yesterday’s Morgan Stanley Technology, Media and Telecom Conference.  Here are some of his remarks. The advertising spend upside Only about half of the campaigns that get initiated use out of home…speaks to the opportunity that’s ahead for us. Sales force […]

OUTFRONT Convertible Shares Generate 36% IRR to Investors

Crisis for some is opportunity for others.  Remember early 2020 when it was fashionable to show pictures of streets with no cars and airplanes crashing behind out of home signs?  On April 16, 2020 Providence Equity and Ares capital invested $400 million in convertible preferred shares in OUTFRONT Media.  The […]

Pioneer Outdoor Sells Assets to Lamar Advertising

Pioneer Outdoor announced yesterday that they divested their assets, including 140 out-of-home advertising displays, to Lamar Advertising. The transaction, which included 38 digital bulletin panels and more than 100 static panels stretching from Springfield north to Kansas City and east to St. Louis. Terms of the deal were not disclosed. The […]