“All in all it’s a decent start of the year” said Outfront CEO Jeremy Male when Outfront released first quarter 2018 financials. Here are the results of the earnings release , investor presentation and conference call. Total Revenues grew 2.2% to $338 million. “Revenue growth of 2.2% was led by the […]
Other News
Avoiding Fraud
Clear Channel Outdoor took a $10 million charge during the fourth quarter of 2017 for accounting fraud in the company’s China subsidiary. Some employees opened fake accounts in the company’s name and deposited advertising funds into those accounts. This game can be played with payables as well. Insider remembers a […]
Company of the Day – Brogan Outdoor
Company: Brogan Outdoor Markets: Northern Indiana Headquarters: 106 Depot St, Lawwill, IN 46764 Phone: 260-327-3257 Email: sales@broganoutdoor.com Brogan Outdoor was formed in 1984 by Don Brogan after 20 years in the outdoor business, primarily with 3M. In 1988 Dan Brogan joined his father and today Dan runs the company. The company […]
Billboard Insider tops 50,000 monthly views.
Billboard Insider set new records with 50,011 website views from 15,424 visitors during the month of April. Our visitors have grown 58% over the past year. Insider will be at the Geopath/OAAA show in Austin next Monday, Tuesday and Wednesday. Have a story or important news? Schedule a meeting with […]
Clear Channel organic revenues and cashflow decline.
Here are the highlights from Clear Channel Outdoor’s 4th quarter earnings call, press release and earnings presentation. Consolidated revenue increased 1% to $729 million during the fourth quarter of 2017. Organic revenue, adjusted for asset sales and currency fluctuations declined by 0.3% Americas revenue (North and Latin America) declined […]
Out of Home cost effective versus other forms of media
The Peter J Solomon Media Monthly is always a good read. The first thing Insider looks for is the major media CPM (cost per thousand views) comparison. You can see that the median out of home cost per thousand views ($5.21 for bulletins and $3.11 for posters) is a better […]
Geopath Market Spotlight: Hartford
Did you know: The Hartford Courant, founded in 1764, is the country’s oldest continuously published newspaper. Founded in 1842, the Wadsworth Atheneum is America’s oldest public art museum. This week’s Geopath Market Spotlight focuses on the Hartford DMA. Infographics for the top DMAs and much more are available to Geopath […]
Company of the Day: Boardworks
Company: Boardworks Markets: Georgia Headquarters: 2451 Cumberland Parkway SE, Suite 3839, Atlanta, GA 30339 Phone: 404-223-1161 Email: sales@boardworks.com Boardworks operates an outdoor advertising plant in Atlanta. The company was started in June 1989 by Larry Roberts. The company has 10 remaining billboards in the Atlanta area after selling a group of premier Atlanta billboards […]
Billboard Insider’s Out of Home Investor List
Many private equity funds and family offices are interested in out of home to judge from the calls Insider gets. Professional investors like the out of home industry’s barriers to entry (permits are hard to get) and low technology risk (tech hasn’t made out of home passe like other forms […]
iHeartMedia Bankruptcy Plan Filed
iHeartMedia filed with the U.S. Bankruptcy Court a Chapter 11 Plan of Reorganization and related Disclosure Statement. According to the Disclosure Statement, “The proposed Plan achieves a value-maximizing restructuring that comprehensively addresses the Debtors’ funded debt obligations and positions their businesses for continued growth and long-term success. As a result […]