Finance

Credit Markets Modestly Tightening.

Here are three charts which give an overview of trends in the credit markets.  This is important to many out of home companies because they rely on bank financing to help fund capital expenditures and acquisitions.  The first chart shows that a modest majority of lenders have been tightening their […]

Dynamic Outdoor Media Acquires Pink Popsicle

Dynamic Outdoor Media , a sister company of Choice Media, has purchased the Eastern New Mexico digital billboard assets of The Pink Popsicle company.  The acquisition involved two digital billboard faces and increases Dynamic Media’s plant to 252 total faces, including 22 digital faces. Ty and Shanna Jones, the owners, […]

Who’s Paying What Out of Home Dividends

Here’s a summary of who’s paying what out of home stock dividends,prepared and analyzed by SignValue Some observations. Lamar’s dividend yield of 4.28% is slightly above the 4.25% average dividend yield for Lamar over the past five years. OUTFRONT’s dividend yield of 6.73% is in line with the 6.77% average […]

Public Company Out of Home Acquisitions Down 44% in 2024

Moorgate Capital Partners produces an outstanding quarterly report on the out of home advertising industry.  Here are some charts from the report which caught Billboard Insider’s eye. Public Company M&A Activity is down. Lamar, OUTFRONT and Clear Channel Outdoor have done only $45 million in acquisitions during the first half […]

Scott Wells on Right-Sizing Clear Channel Outdoor

Here are excerpts from Clear Channel CEO Scott Wells comments that last week’s City 2024 Global TMT Conference, prepared and analyzed by SignValue What’s been done and what’s still to do to right-size Clear Channel Outdoor? At the beginning of 2022 we started the European part of it.  Our goal […]

Jeremy Male Talks 2025 Priorities and the Canada Sale

Here are some of OUTFRONT CEO Jeremy Male’s comments at last weeks Citi Global TMT Conference, excerpted and analyzed by SignValue. 2025 priorities: adding digitals, reducing leverage and improving efficiency A key area of focus we will continue to be…digital development…it’s probably the best deployment of capital in terms of […]

Daktronics Revenue Down 2.8% in 1Q FY25

Daktronics had a loss in the first quarter of fiscal 2025 caused by a non-operating charge on a convertible note.  Here are the results of Daktronics earnings release for the first quarter of final 2025 (3 months ended July 27, 2024) and conference call. Revenues declined  to $226 million due […]

Company of the Day: Primary Media

Company:  Primary Outdoor Media Markets:  Texas Address:  2511 Boll St, Dallas, TX  75204 Phone: 214-880-0440 Email:  info@primarymedia.com Primary Outdoor Media operates a billboard plant with 400 total faces including 12 digital faces in Texas.  The firm is an operator associate in the IBOUSA.  In early 2018 Primary acquired 50 billboards around […]

Trailhead for sale?

Billboard Insider hears from multiple sources that Trailhead Media is testing the waters on a sale.  Trailhead’s lead investor Viking Global has been in the investment since 2020 and we assume they will be calling the shots.  Trailhead has approximately 3,500 faces including 260 digital faces, clustered in the North […]

Adams Acquires 75 Triad Displays in North Carolina

September 3, 2024. Greensboro, NC – Adams Outdoor Advertising (“Adams”) is pleased to announce that it has acquired all of Triad Outdoor Advertising’s (“Triad”) billboard assets as of September 1, 2024. Terms of the deal were not disclosed. Triad, a family-owned business founded in Greensboro, NC, installed its first billboard […]