Other News

Company of the Day: Seiz Outdoor

Company: Seiz Signs Markets: Arkansas Address: 1231 Central Avenue, Hot Springs Arkansas Email: robertb@seizsigns.com Phone:  501-623-3181 Seiz Signs operates a on premise sign company together with a 225 face billboard plant in Hot springs and Garland County, Arkansas.  David Hamilton is the company’s President.  He is a fourth generation family […]

MediaCo Holding Divests Fairway Outdoor to Lamar For $78 Million

December 12, 2022 New York, NY – MediaCo Holding Inc. (“MediaCo”) (NASDAQ: MDIA) announced today that it has divested the assets of Fairway Outdoor LLC, its out-of-home advertising division located across the eastern United States, to Lamar Advertising Company (“Lamar”) (NASDAQ: LAMR) for $78.6 million. The sale included more than […]

Daktronics Posts $12 Million Loss in 2Q FY 2023

Here are the results from Daktronics earnings release and earnings call for the second quarter of fiscal year 2023 (3 months ended October 29, 2022). Revenue increased by 14% to $187 million for the second quarter of fiscal 2023. The company had a net loss of $12 million for the […]

Company of the Day – Schubert & Hoey Outdoor

Company:  Schubert & Hoey Outdoor Advertising Headquarters:  2747 26th Avenue South, Minneapolis, MN 55406 Market: Minnesota, Wisconsin  Phone: (612) 722-1090 Email:  info@hoeyoutdoor.com Schubert & Hoey Outdoor Advertising is a family owned and operated company which has been in business since 1946. Their locations span the states of Minnesota and Wisconsin on major interstates, highways, and even county roads. […]

Ken Altena on Sustainable Out of Home Debt.

Ken Altena has 35 years experience as a lender to out of home companies.  He is a partner in Billboard Loans, LLC.  As a lender, I am often asked, “How much can I borrow?”  The answer is, “it depends.”  It depends on your borrowing costs and it depends on how […]

Be Bold But Be Careful

It is nice to be bold in supporting  your team, but you may have to deal with the consequences.  The British newspaper, The Sun, put up billboards in advance of the quarterfinal World Cup soccer match between England and France.  The Sun went digital right in front of the Eiffel […]

Lamar Announces Cash Dividends on Common Stock

Baton Rouge, LA – December 8, 2022 – Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.20 per share and a special cash dividend of $0.30 per share, […]

World Out of Home Organization Creates Sustainability Task Force

The World Out of Home Organization is creating a Global Sustainability Task Force of hand-picked expert practitioners from all sides of the global industry. The Task Force will be led by blowUP media CEO and WOO board member Katrin Robertson. Among its duties will be: *Positioning Out of Home (with […]

Company of the Day: Scadron Outdoor

Company:  Scadron Outdoor Advertising Markets:  Chicago Headquarters:  1015 West Grand Avenue, Chicago, Illinois  60642 Phone:  312-666.7500 Email:  info@scadron.com Scadron Outdoor (formerly Arrow Signs of Chicago) is a fourth generation family owned firm which was originally founded in 1892 to do billboards and on-premise signs.  In 1984 the company sold the on-premise business […]