Outfront announced that two of their wholly-owned subsidiaries priced a private offering of $650,000,000 in aggregate principal amount of 5.000% Senior Notes due 2027. Outfront intends to use the net proceeds from the notes offering, together with cash on hand, to redeem all of its outstanding $550 million 5.250% […]
Few banks understand the market for small out of home loans. Metro Phoenix bank is changing that with a strategy which is targeting $1-10 million out of home loans nationwide. Metro Phoenix bank is a member of the OAAA. Insider talked with Metro Phoenix founder and CEO Steve Haggard about […]
Azalea Outdoor advertising has purchased 130 faces in Georgia and South Carolina from Knight Outdoor. The transaction includes some digital billboards. Insider talked with Marty Williamson, the transaction’s broker. Is Azalea a startup. Not really…Azalea Outdoor is a subsidiary of Azalea Investments with headquarters in Augusta, Georgia. Who are […]
As more companies move to the convenience of online transactions and credit card usage, the fees from such services as Square and Intuit Quickbooks can take a real bite out of revenues. IBOUSA has teamed up with Heartland, a subsidiary of Global Payments Inc, a NYSE traded public company to […]
May 30, 2019 – Baton Rouge, LA – Lamar Advertising Company (Nasdaq: LAMR), a leading owner of outdoor advertising and logo sign displays, today announced that Jay Johnson has been appointed Chief Financial Officer effective October 1, 2019. Mr. Johnson, 42, has served as Executive Vice President and Chief Financial […]
Link Media Outdoor, the wholly owned subsidiary of Boston Omaha, grew rapidly in the first quarter of 2019 due to acquisitions which occurred in the latter half of 2018. Here’s a snapshot of the Link Media Outdoor performance for the first quarter of 2018. Net billboard revenues increased 337% to […]
This week’s Billboard Insider podcast features Paul Wright, the top out of home valuation expert in the United States. Paul’s firm SignValue.com appraises billboards, billboard leases and billboard easements. Paul talks about out of home values, a tax case that could hurt values, Landmark Infrastructure and what he thinks of […]
Outfront had a strong first quarter 2019. Here are the results from the earnings release and investor presentation for the three months ended March 31, 2019. Revenues increased by 10% to $371 million during the first quarter of 2019. Billboards were up 5%. Transit was up 22% due to the […]
“The first quarter played out largely as we anticipated, with acquisition-adjusted revenue growth a little over 2%. I’m particularly pleased by the continued strong performance of our digital platform, and I’m optimistic about the balance of 2019.” That’s how Lamar CEO Sean Reilly summarized first quarter 2019 financials. Here are […]
Last week’s conference call marked the debut of the new Clear Channel Outdoor executive team. Some highlights. William Eccleshare, Chairman and CEO Clear Channel International on the benefits of focus I think as a fully-focused, pure-play outdoor business, it’s going to enable us to perhaps concentrate a little more than […]
