Today’s podcast guest is Mike Norton, President of Norton Outdoor Advertising, an independent out of home company with 900 traditional and 14 digital billboard displays in Ohio. Mike represents the third generation of Nortons to run the business. Mike sits OAAA Board of Directors, Digital billboard and Innovations committees. […]
Other News
Regulatory Roundup: Two disputes in PA
The Morning Call reports that the Easton, PA Zoning Hearing board has rejected an appeal by Adams Outdoor Advertising for a 10 by 15 foot digital billboard in Centre Square. Adams will appeal the decision in Northhampton County Court. The site’s owner says a billboard is necessary to attract a […]
Geopath Market Spotlight: Fresno
Did you know: Fresno, California means ash tree in Spanish and the city’s flag features an ash tree. Fresno is the 34th largest city in the United States. This week’s Geopath Market Spotlight focuses on the Fresno, California DMA. Infographics for the top DMAs and much more are available to […]
Company of the Day: Urban Groupe
Company: Urban Groupe Market: Chicago, IL Email: sales@urbangroupe.com Phone: 773.697.9516 Urban Groupe is based in the City of Chicago. They offer growing coverage throughout the metropolitan market, including their City Squares 10′ x 10′ platform. Their locations include: the Loop, River North, Lincoln Park, Lakeview, Bucktown, Wickerpark and the Gold […]
Ashby Street Outdoor Acquired by Lamar Advertising
FAYETTEVILLE, Ark.–(BUSINESS WIRE)–Ashby Street Outdoor Holdings, LLC (“Ashby Street”)—a leading operator of 1,908 outdoor advertising displays in Arkansas, Kansas, Oklahoma, and Missouri—today announced that it has been acquired by Lamar Advertising Company (Nasdaq: LAMR) of Baton Rouge, LA. Ashby Street was formed in 2011 by CEO Jim Matalone to acquire […]
PJ Solomon on Out of Home Values based on 2019 estimated cashflow
Yesterday, PJ Solomon published a calculation of the value of the public out of home companies as a multiple of estimated 2019 cashflow. The public out of home companies are trading at 11 times 2019 estimated cashflow. Focus Media (a chinese out of home company which trades on the Shenzhen […]
Daily Billboard Blog’s 3 of a Kind: Emojis
This month Daily Billboard thought we’d have some summer fun with our ‘3 of a Kind’ feature and shine a light on the use of Emojis in outdoor advertising. With the rise of smartphone ownership and proliferation of social media in our lives you don’t need words anymore when an […]
Company of the Day – United Advertising Corporation
Company: United Advertising Corporation Headquarters: 495 West Llif Ave., Denver CO 80223 Markets: Denver CO; New York NY and Eastern New Jersey Phone: 303.282.12000 Email: mark@uacworldwide.com Founded in 1997, United Advertising Corporation is a full-service outdoor advertising company with offices in Denver, Monmouth County, NJAnd New York City. Products: Billboards, wall murals, wall […]
Marnie Cody on Dealing with Regulators
Marnie Cody is a partner in Hamlin Cody, a California law firm. Marnie has been practicing out of home law since 1990. She has represented many billboard companies in real estate and land use matters and condemnation proceedings. She likewise advises real estate developers about out of home law. Insider […]
New and Noted July 15, 2019
Seeking Alpha reports that Wolfe Research’s Marci Ryvicker has downgraded Clear Channel Outdoor from Outperform to Sector Perform, saying a potential asset sale “is likely to take more time than we had anticipated.” Insider’s take: Debt/cashflow is 8.0. A sustainable level of debt/cashflow is 4.0. Internal cashflow growth won’t be […]