Other News

Billboard Insider Classifieds November 11, 2017

Billboard Insider Classifieds work: “We have written new insurance business as a result of our ad in Billboard Insider.”  Stu Lee, Bassler Insurance “When thinking as to how best to get the word out of our available position we thought of Billboard Insider.  We are glad we did.  The cost […]

iHeart Media Shares Drop 50%

Insider’s last update on iHeart Media debt problems detailed iHeart’s proposal to give junior bondholders and private-equity owners, Bain Capital and Thomas H. Lee Partners, more than 50% of iHeartMedia equity and 30% of what it owns of Clear Channel, with the rest going to senior bondholders and term loan […]

Intersection Completes $150 Million Equity Raise to Power Smart Cities Vision

NEW YORK–(BUSINESS WIRE)–Intersection, the leading smart cities technology and media company, focused on transforming the urban experience by connecting the digital and physical worlds, today announced the close of a $150 million funding round. The investment was made by a consortium of investors led by Graham Holdings Company, with participation […]

A double-faced wall mural.

Here’s a fascinating 1 minute video on an Overall Murals lenticular mural wall for Ben and Jerry’s. Who knew you could turn a wall mural into a double face?  The project was installed along the Williamsburg, Brooklyn waterfront.  Viewed from one direction the wall says “Anyway you slice it.”  Viewed from the […]

Pasco Florida Approves New Digital Billboards

tbo.com reports that the Pasco County Florida commissioners have approved a Clear Channel proposal to take down 28 static billboards in exchange for the right to put up four digital billboards.  The digital billboards are scheduled for: US 19 State Road 54 east of Little Road Dale Mabry Highway I-75 […]

Company of the Day: Reeves Outdoor

  Company: Reeves Outdoor Advertising Markets: Texas Headquarters:  11213 March Wren Circle, Flint, TX  75762 Phone: 903-330-4060 Email: ReevesSign@aol.com Reeves Outdoor Advertising has been in the Outdoor Advertising business since 1996.  The company operates a billboard plant in East Texas from Dallas to Tyler including Athens and Corsicana. Stuart Reeves is the company’s owner. […]

Clear Channel Outdoor Revenue and cashflow down in 3Q 2017

Here are the results from Clear Channel Outdoor’s 3rd quarter 2017 financials and earnings call powerpoint. Consolidated revenues decreased 3.6% to $669 million during the 3rd quarter of 2017 due to the sale of assets and the impact of foreign exchange movements.   Consolidated cashflow decreased 17.6% to $128.2 million […]

Outfront emphasizing organic growth as opposed to acquisitions.

Here’s a summary of Outfront Media CFO Donald Shassian’s November 7 presentation at at the 2017 Wells Fargo Securities Media and Telecom Conference. On third quarter revenue growth of 2.5% It was an ok quarter.  Local was very strong.  Transit was very strong.  But national..was not great…It was down 9% […]

Clark County Transit Agency Removes Ads

The Columbian reports that the Clark County, Washington transit agency C-Tran has voted to terminate a contract for bus advertising with Lamar.  The program was projected to generate $857,000 for 2017-2018.  “We’re putting an emphasis on the C-tran brand” said a C-Tran spokesman.  The decision to cancel the program comes after an […]

Company of the Day – Redfish Ads

Company: Redfish Ads Outdoor Advertising Market:  Tulsa Oklahoma Headquarters: PO Box 52275, Tulsa, OK  74152 Phone: 918-260-4235 Email: dax@redfishads.com Redfish Ads was started in 2003 by Daxton Neal after a career in network TV stations, out of home ad agencies and privately owned outdoor companies.  Redfish owns 8 static faces and […]