A rising tide lifted all out of home sectors in 2021. Here are the 2021 annual US revenue figures broken down by sector. Street furniture revenue grew 43% in 2021, followed by billboards (up 17%), transit (up 11%) and place-based (up 3%). Roadside billboards have recovered and are […]
April 5, 2022. Local Media Outdoor is pleased to announce that the company has acquired 116 faces in North Carolina and South Carolina from Myrtle Beach Outdoor. Williamson & Associates represented Myrtle Beach Outdoor in the transaction. This acquisition enhances Local Media’s coverage in their core markets of North and […]
The public US Out of Home companies outperformed the market in the first quarter of 2022. OUTFRONT was up 7% on news that it’s markets are returning to normal. Clear Channel Outdoor was up 5%. Lamar was down 2%. The S&P 500 declined by 5%. The public US out of […]
March 29, 2022 05:47 AM Pacific Daylight Time BOCA RATON, Fla.–(BUSINESS WIRE)–SBA Communications Corporation (NASDAQ: SBAC) (“SBA”) today announced the election of Jay L. Johnson to the SBA Board of Directors as a new independent director, effective March 28, 2022. Mr. Johnson is the Executive Vice President and Chief Financial […]
Link Media parent company, Boston Omaha provided a press release with their 2021 financials. Here is the release: March 28, 2022 02:14 PM Pacific Daylight Time OMAHA, Neb.–(BUSINESS WIRE)–Boston Omaha Corporation (NYSE: BOC) (the “Company”) announced its financial results for the fiscal year ended December 31, 2021, in connection with […]
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 […]
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 […]
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 […]
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 […]
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 […]
