Billboard Insider gets lots of calls from individuals seeking out of home loans from its Billboard Loans, LLC affiliate. Here are 5 tips on what to do to make the first conversation with a lender productive. Say your name and company name after hello. It’s amazing how many people start […]
NEW YORK, NY – January 10, 2022 — OUTFRONT Media Inc. (NYSE:OUT) announced it has acquired 18 billboard assets from Carroll Outdoor. The billboard assets include 9 digital, 7 static, and 2 trivision panels in key areas near Gillette Stadium, I-495 and Routes 3, 93, I-95/128 and the Braintree Split. […]
Billboard Insider posted on the torrid fourth quarter 2021 out of home transactions market a couple of days ago. We have learned since then that Clear Channel Outdoor had been active along with the other major out of home companies. The company closed 5 acquisitions in 4 different markets for digital […]
The three public US out of home companies outperformed the stock market during 2021. Clear Channel (up 98%) led the way followed by Lamar Advertising (up 45%) and OUTFRONT (up 37%). The S&P 500 increased 27%. Stock performance of Lamar (green), Clear Channel Outdoor (blue) and OUTFRONT (purple) versus the […]
Daktronics revenues have recovered from covid but supply chain issues are impacting the digital billboard maker’s profits. Here are the results from the Daktronics 2Q FY 22 earnings release and earnings call for the 3 months ended October 31, 2021. Revenue increased by 30% to $165 million due to eased […]
Greenville, OH – Dec 20, 2021, Huntington Billboards, an owner, and operator of outdoor advertising signs throughout the Midwest, announced today that it has acquired certain assets of Giesken Outdoor Advertising. Giesken Outdoor operates a billboard plant in Northwest Ohio, with both digital and static billboards. Tom Giesken started the […]
Clear Channel Outdoor stock rose 8% yesterday after the company announced it will consider selling their European business. Clear Channel Outdoor also increased fourth quarter 2021 revenue guidance. It raised fourth quarter revenue growth by 2%. Fourth quarter consolidated revenues are projected to grow 39-42% and return to pre-covid levels. […]
BATON ROUGE, La., Dec. 09, 2021 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.00 per share and a special cash dividend of $0.50 per […]
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, […]
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 […]
