Other News

Company of the Day – IMAGE MEDIA®  

Company: IMAGE MEDIA®                    Headquarters: 5101 Darmstadt Rd. Suite A Hillside, IL 60162 Market: Chicago, IL Phone: (312) 988-4600 Contact email: sales@imageoutdoor.com Insider caught up with Michael Scheid, Jr. EVP and GM of IMAGE MEDIA. Michael, tell us about IMAGE MEDIA.  IMAGE MEDIA is Chicago’s largest independent outdoor advertising operator. IMAGE MEDIA’s plant consists of […]

Out of Home Debt Markets Resilient

The out of home debt markets have been remarkably resilient during the Covid.  Clear Channel just amended its credit agreement  to get more flexibility.   OUTFRONT did the same in April.  Lamar expects to come through the downturn without asking for any covenants amendments from its lenders and it raised $400 […]

Group M: OOH Revenues to Decline 21% in 2020 and Grow by 5% in 2021

Yesterday Group M released its 2020 Mid-Year Forecast for US Advertising Revenues.  Here’s the summary table for the percent change in revenues by media sector. Change in US Media Ad Revenue (including political advertising)   Source: GroupM US Mid-year Advertising Revenue Report, June 2020 OOH revenues are forecast to decline […]

Anthem Displays Expanding in Bladen County North Carolina

Jun 15, 2020  Raleigh, N.C.  Anthem Displays LLC, a national manufacturer of digital billboards, will create 17 jobs in Bladen County, North Carolina Governor Roy Cooper announced today. The project will generate a $3.6 million investment in Elizabethtown. “North Carolina continues to attract new jobs in a wide range of […]

Company of the Day: Kansas Outdoor

Company:  Kansas Outdoor Advertising Markets:  Kansas Address:  PO Box 61, Columbus, KS  66725 Phone: 620-479-6180 Kansas Outdoor Advertising operates a billboard plant in southeastern Kansas, southwest Missouri,  northwest Arkansas and northwest Oklahoma. The company also owns a digital billboard.  Karla Lundien is the company’s President. [wpforms id=”9787″] Paid Advertisement

Clear Channel Amends Credit Agreement

Here is a portion of yesterday’s press release from Clear Channel Outdoor.  SAN ANTONIO, June 15, 2020 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (CCO) (the “Company”) today announced that it has entered into an amendment (the “Amendment”) to the Company’s credit agreement, dated as of August 23, 2019 (the […]

Why Out of Home in a Post Pandemic Era

Last week Anna Bager moderated a discussion titled why OOH Should Be The First Place Brands Go Post-Crisis.  Some takeaways; Covid may give boost to out of home company home officing Active OOH sectors now are insurance, banking and alcohol Experiential Out of Home has been hit hard by Covid. […]

Inrix Reports Personal Travel 93% of Normal

  Personal travel has improved to 93% of normal according to the Inrix US National Traffic Volume Synopsis for June 6-12, 2020.  Here are the key findings. Personal travel improved from 88% of normal for the week ended June 6 to 93% of normal for the week ended June 12 […]

Americans Plan to Hit the Road this Summer

June 15, 2020 (Washington, DC) – According to a new U.S. consumer summer travel survey, after months of being cooped up inside, Americans plan to get out and hit the road in big numbers this summer. In a survey commissioned by the Out of Home Advertising Association of America (OAAA) […]

Hennepin and Clear Channel Honor High School Class

MINNEAPOLIS (June 12, 2020) — Hennepin Theatre Trust and Clear Channel Outdoor have partnered to celebrate and honor The FAIR School Downtown’s graduating class of 2020 by displaying messages of congratulations on the billboard atop 900 Hennepin in downtown’s Hennepin Theatre District. The messages will be on display throughout June. […]