Today out of home leasing and development expert Andy Goodman comments on the standard cancellation language in many out of home leases. We’ve presented the language below. Andy’s comments are in italics. Cancellation: If, in Lessee’s sole opinion: a) the view of the advertising copy on any Structure becomes obstructed; b) […]
Other News
Out of Home Leverage Declining but Debt Costs Rise
Moorgate Capital Partners has prepared a summary of out of home leverage and cost of debt trends thru December 2022. The cost of out of home debt has risen by 100-200 basis points over the last year due to Federal Reserve interest rate increases. Lamar has the lowest weighted average […]
Clear Channel’s Switzerland Business Sale Receives Regulatory Approval
SAN ANTONIO, March 9, 2023 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (CCO) (the “Company”) today announced that the sale of the Company’s Switzerland business to Goldbach Group, an affiliate of TX Group, has received regulatory approval from the Swiss Competition Commission. The Company now expects the transaction to close […]
Fotofetch Shot of the Week
Some photos are all about scarcity. They capture a fleeting or rare moment that can’t be reproduced or experienced again. These photos help bring out an emotion or feeling, allowing us to remember a moment that has already passed. FotoFetch is all about capturing the moments of now. These go […]
Company of the Day: View Chicago
Company: View Chicago Markets: Chicago Address: 430 West Erie St, suite 510, Chicago, IL. 60654 Email: team@vcoutdoor.com Phone: 312-533-2230 View Chicago operates a network of hotspots, wildpostings, wallscapes, bus wraps and street furniture across 40 neighborhoods in Chicago. The company was started in 2009. Charlie Megan and Graydon Meagan are […]
Daktronics Reports Third Quarter Earnings – The Highlight is What is Not Included
BROOKINGS, S.D., March 08, 2023 (GLOBE NEWSWIRE) — Daktronics, Inc. (DAKT) today reported results for its fiscal 2023 third quarter which ended January 28, 2023. Q3 FY2023 financial highlights: Record third quarter net sales of $185.0 million, a 32.5 percent increase from the third quarter of fiscal 2022 Product order backlog […]
Replace Your Face!
Aging digital billboards? Now it is easier than ever to replace old signage with high-tech digital boards and equipment with Formetco’s Replace Your Face financing program. This complete turnkey digital billboard replacement offering is now available to independent operators in the digital billboard industry with zero financial approval and 100% […]
Billboard Insider Readers Correctly Tell the Human from the ChatBot
Yesterday I ran two answers to the question “What is the biggest objection to selling billboard ads and how to overcome it.” One answer was generated by me and one answer was generated by ChatbotGPT. Two-thirds of Billboard Insider’s readers correctly guessed that Answer A was mine. Questions or comments. […]
Skies Above Media Promotes Joanna Weiss to VP, National Sales
SOUTH PASADENA, CALIFORNIA, MARCH 7, 2023 — Skies Above Media (SAM), a leading independent out of home advertising media owner and operator based in the Los Angeles area, has promoted Joanna Weiss from East Region Sales Director to Vice President, National Sales. She will serve as the company’s head of […]
Company of the Day – Visible Outdoor Advertising
Company: Visible Outdoor Advertising Headquarters: Raleigh, NC Market: Raleigh, Jacksonville & Greensboro, NC Phone: 919-625-9508 Email: joseph@josephstancil.net Visible Outdoor Advertising owns and operates 8 structures with 15 faces in Raleigh, Jacksonville and Greensboro, North Carolina. Owner, Joseph Stancil, has over 20 years experience in the Outdoor Advertising Industry from DOT […]