Microcap reports that Clear Channel Outdoor Scott Wells bought 5,000 shares of Clear Channel Outdoor on March 4. With the purchase Wells directly owns 50,283 shares of stock valued at $209,000. Insider’s take: If Insider were a Clear Channel Outdoor shareholder, he’d be happy that an insider is buying. A […]
Finance
Alaska Doesn’t Allow Billboards But Loves Lamar
Alaska doesn’t allow billboards so Insider had a laugh today when he read a story in Hilltop News saying that the Alaska Department of Revenue owned 37,610 shares of Lamar worth $2.25 million at December 2015. Alaska increased the number of Lamar shares it owned by 4.4% during the fourth […]
Fairway Swaps Atlanta Plant To Clear Channel For Indy Plant
Insider has heard from multiple sources that Fairway Outdoor is trading Atlanta outdoor assets and some cash to Clear Channel Outdoor for Clear Channel’s Indianapolis plant. The Clear Channel Office in Indianapolis still answers the phone as Clear Channel Outdoor.
Clear Channel Sells Columbus To Lamar
Zacks reports that Clear Channel Outdoor has sold its Columbus analog and digital billboards to Lamar. the transaction follows a January 2016 $458 million sale of 5,500 bulletins and 132 digital displays to Lamar. No price was disclosed. Insider expect to see more asset sales from Clear Channel Outdoor. Clear […]
Outdoor revenues reach new high.
US outdoor revenue has recovered from the great recession and reached a new high according to the OAAA. A couple things stand out from the March 2016 OAAA revenue release. US outdoor revenues grew at a robust 5.8% rate during the fourth quarter to finish up 4.6% to $7.3 […]
Max Drachman Says Outdoor Market Is Strong
Max Drachman is an outdoor advertising investment banker with Kalil and Co. Drachman talked with us earlier this month about outdoor values and trends in the transaction market. What trends did you see in the transactions market in late 2015. From our perspective, the end of 2015 was consistent with […]
