Finance

OUTFRONT Revenue up 44% in first quarter 2022.

“It’s great to be here sharing first quarter results which came in stronger than we anticipated,” was how OUTFRONT CEO Jeremy Male introduced Q1 2022 financials.  Here are the results from the OUTFRONT 1Q 2022 earnings release, conference call and OUTFRONT 1Q 2022 earnings presentation. Revenues grew 44% to $374 […]

Pay Ratios for Lamar, OUTFRONT and Clear Channel Outdoor

Dodd-Frank requires public companies to disclose the pay ratio (e.g. the CEO’s total compensation compared to the median annual total compensation for all company employees).  Billboard Insider has computed the pay ratios for Lamar, OUTFRONT and Clear Channel Outdoor pulled from each company’s Schedule 14A.   Lamar had the lowest […]

Who Made What in 2021 at the Public OOH Companies

Billboard Insider has compiled executive salaries for Lamar, OUTFRONT and Clear Channel Outdoor during 2021 based on data in each company’s Schedule 14A. Total compensation for Public US out of home execs for 2020 and 2021   Two observations Every exec got a pay increase in 2021.  The median pay […]

Kalil and Co on the WCBI Digital Billboards Purchase

WCBI-TV  of Columbus, Mississippi recently bought 2 digital billboards.  Billboard Insider talked with Kalil and Co, the broker on the transaction. What got the TV station interested in the digitals? We are able to capitalize on our 50+ years in media M&A business to find synergies amongst out-of-home, television, radio […]

Boston Omaha Rings Bell to Celebrate NYSE Listing

Boston Omaha execs had a chance to ring the opening bell to celebrate a New York Stock Exchange listing last week.  Looks like Co-Chairs Alex Buffet Rozek and Adam Peterson tied on the paper scissors rock so they pushed the opening bell together.  Scott Lafoy, the President of Boston Omaha’s […]

Billboards over Covid but Street Furniture, Transit and Place Based Lag

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 […]

Local Media Outdoor Acquires Myrtle Beach Outdoor

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 […]

Out of Home Companies Outperform Market in 1Q 2022

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 […]

Lamar’s Jay Johnson Named to SBA Communications Board of Directors

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, Boston Omaha Corporation, Announces Full Year 2021 Financial Results

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 […]