New York, NY – April 2, 2024. New Tradition, a leading out-of-home media company with premium displays in the nation’s largest markets, enhances its already prominent Los Angeles, CA billboard footprint with their latest acquisition from Becker Boards.
In taking over this portfolio, within the second largest DMA, New Tradition’s LA footprint now extends to over 140 large format digital and static signs. The assets consist of (11) static walls and bulletins in key LA neighborhoods, along with (10) additional digital bulletin faces. The media vendor’s inventory now extends to new neighborhoods within the DMA, including areas along the San Gabriel River Freeway (I-605) and in the Oakwood region west of Silver Lake. The addition of the digital boards will further extend audience impressions across our already vast LA highway network.
Bret Richheimer, COO of New Tradition, stated, “We are proud to announce this acquisition and to introduce the inventory to our clients. The signage fits seamlessly within our portfolio and our ambitious plans for scaling our footprint within our current and key new markets across the US.”
About New Tradition: Founded in 2010, New Tradition is a Blackstone Portfolio Company and a premium out-of-home media vendor specializing in best-in-class inventory across the country. New Tradition helps brands stay top-of-mind, targeting consumers while they are on the go, in the areas they live, work, and play. New Tradition works side-by-side with some of the top brands and agencies, helping deliver exceptional campaigns utilizing our premium large format, lifestyle center, and transit media. New Tradition’s iconic inventory includes One Times Square, LA Reef, and countless other marquee assets in New York, Los Angeles, Miami, Boston, Atlanta, Nashville, Chicago, Portland, Seattle, Washington DC, San Francisco, and Las Vegas. These additions to New Tradition’s LA portfolio are available to buyers this month and will be highlighted in future proposals.
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