A legendary billboard plant in Richmond Indiana is for sale. The plant was built by Tom Raper, an Indiana entrepreneur who made money in the RV business, real estate and billboards. He built the billboards to provide advertising support for his RV dealership. Raper died in 2015 and his estate […]
The outdoor easement and lease purchaser Landmark Outdoor has released 2016 financials. Here are the highlights from Insider’s review of the 2016 financials and Seeking Alpha earnings call transcript. Insider has summarized Landmark’s Outdoor Advertising Investments in the following table. Landmark Infrastructure Outdoor Advertising Real Estate Property Interests 2015 and […]
Clear Channel Outdoor released financials for the fourth quarter of 2016 (3 months ended December 31, 2016). For more details see the 2016 financials and Seeking Alpha Earnings call transcript. Consolidated Clear Channel Outdoor revenue excluding foreign exchange decreased by 6% to $746 million during the fourth quarter of 2016 […]
Lamar released fourth quarter 2016 financials yesterday. Here are the highlights from the financials and the Seeking Alpha earnings call transcript. All of the quotes come from the Seeking Alpha transcript. Revenue increased 8.6% to $386 million. Acquisition adjusted revenue increased 2% or slightly in excess of GDP. The rest […]
Here are the highlights from Outfront’s fourth quarter 2016 financials and Seeking Alpha Earnings call. Revenues decreased 0.3% to $397 million during the fourth quarter of 2016 as a 2.9% acquisition adjusted increase in revenues was offset by the disposition of the company’s Latin American business. The 2.8% increase in organic […]
As previously announced, on February 9, 2017, the Board of Directors of Clear Channel Outdoor Holdings, Inc. (the “Company”) declared a special cash dividend payable on February 23, 2017 (the “Payment Date”) to Class A and B stockholders of record at the closing of business on February 20, 2017 (the “Record Date”), in an […]
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 […]
