Finance

A Major Change To Lease Accounting – What are My Options?

If you were to look at the Lamar Advertising 2020 Annual Report, the balance sheet lists a long term asset titled “Operating lease right of use assets” in the amount of $1.22 Billion.  On the other side of the balance sheet there is a related liability, in the same amount, […]

Andy McDonald on the Lindmark Acquisitions

This week Lindmark Outdoor Media purchased Quail Outdoor in New Mexico and Griffin Outdoor in Tulsa.  We talked with Lindmark VP and general counsel Andy McDonald about the transactions. How does the Quail Outdoor acquisition makes sense for your existing New Mexico footprint? Lindmark had been in discussions with Quail […]

Grey Outdoor Acquires Lee Outdoor

Grey Outdoor LLC announces the acquisition of the billboard assets owned by Lee Outdoor Advertising in Wilmington NC. The purchase consisted of three two-sided static billboard structures with land and easements for all three sites. The structures complement the coverage of Grey Outdoor LLC in Wilmington and the surrounding area. […]

Landmark Owns 951 Out of Home Sites

Landmark Infrastructure Partners owns 951 out of home advertising sites.   Here are the highlights from the Landmark’s third quarter 2021 earnings release and conference call. Landmark’s quarterly out of home revenues increased by 4% to $3.8 million during the third quarter of 2021. The company owned 951 out of home […]

Williamson Associates Adds Mike Morrill

Williamson & Associates is excited to announce the addition of Mike Morrill to our team as Senior Advisor, Brokerage Services. Continuing in our belief that having real experience in the OOH industry is key in our ability to uniquely relate to our clients, we have chosen to bring on someone […]

How Much Debt is Too Much?

At the most recent Independent Billboard Operators (IBO) Conference in Pittsburgh, Billboard Insider’s Dave Westburg moderated a fantastic panel discussion on industry merger and acquisition activity.  During the discussion, Dave made some comments related to his thoughts on the healthy amount of debt for a billboard company.  At Stark Capital […]

Third Quarter Results for Link Media Parent, Boston Omaha

Link Media parent, Boston Omaha Corporation provided their third quarter financial results.  Here is a portion of the full press release. OMAHA, Neb.–(BUSINESS WIRE)–Boston Omaha Corporation (NASDAQ: BOMN) (the “Company”) announced its financial results for the third quarter ended September 30, 2021 in connection with filing its Quarterly Report on […]

OUTFRONT Appoints Stephan Bisson VP Investor Relations

NEW YORK, Nov. 11, 2021 /PRNewswire/ — OUTFRONT Media Inc. (NYSE:OUT) is pleased to announce that Stephan Bisson will be joining OUTFRONT Media as Vice President, Investor Relations on November 15, 2021. Stephan will be responsible for all aspects of investor relations and will report to Matthew Siegel, Executive Vice […]

OneScreen.AI Raises $3 Million in New Funding

BOSTON — Nov. 10, 2021 – OneScreen.ai, a SaaS-enabled B2B marketplace provider for out-of-home (OOH) advertising, has raised an additional $3 million in seed funding to create the first-of-its-kind media platform that brings together the fragmented OOH advertising landscape. The funding, $2.6 million from Asymmetric Capital Partners and $400k from […]