Digital sign manufacturer Daktronics reported a net loss of $2 million on revenue of $116 million for the third quarter of fiscal 2017 (3 months ended January 28, 2017). The third quarter is historically Daktronics’ weakest due to seasonality in the sports business, construction cycles and a decrease in production […]
Insider asked out of home investment banker Jim Johnsen of Johnsen Fretty for an interview. Like any savvy dealmaker, Johnsen turned the tables and asked to interview Insider. Yesterday Johnsen and Insider talked about billboard lending. Today Johnsen and Insider talk about Billboard Insider and Circle City Outdoor. Dave, […]
Insider asked out of home investment banker Jim Johnsen of Johnsen Fretty for an interview on what it’s like to be an out of home industry investment banker. Like any savvy dealmaker, Johnsen turned the tables and asked to interview Insider. Part 1 of the interview discusses billboard lending and […]
Insider is often approached by people who want 100% financing for their first billboard. Here’s what he tells them. Build your first board with your own money. Nothing like a cook eating their own cooking. If you are super confident your project is going to be a success take out […]
Max Drachman is an out of home advertising investment banker with Kalil and Co. Insider talked with Drachman about trends in the out of home transactions market. What’s new on the out of home advertising M&A front? Things have been steady. We just closed a deal in Wisconsin selling Hartlind […]
Insider put together a chart showing the performance of the Lamar, Outfront Media and Clear Channel Outdoor versus NASDAQ (the index of approximately 3,000 common stock listed on the NASDAQ stock exchange) . NASDAQ is a better benchmark for performance than the S&P 500 because Lamar, Clear Channel Outdoor and […]
JCDecaux released 2016 revenue figures. Street Furniture growing 5%. Transit growing 2% at pace with economy. Billboards up 1% so underperforming economy. US flat. UK Booming. Here are the charts. [wpforms id=”9787″]
Donna Desmond is a business appraiser who had specialized in out of home advertising valuations since the early 1990s. She started Donna Desmond Associates, in Los Angeles in 1997. She is a renowned expert in the economics and valuation of outdoor advertising assets. Desmond has prepared hundreds of appraisals of billboard assets […]
Public outdoor company valuations shrank slightly during the fourth quarter of 2016 as this chart demonstrates. Public Outdoor Company Valuations December 2016 The average revenue multiple for the four public outdoor companies shrank from 3.60 times to 3.57 times. JCDecaux, Clear Channel Outdoor and Outfront trade at a lower revenue […]
Spire Capital, a New York private equity fund, has announced an investment in Vector Media, a New York out of home advertising company specializing in large format advertising and traditional out of home advertising. Spire Capital’s previous media investments have included the Skymall in-flight magazine, multi-channel marketer On Campus Marketing […]
