A couple of updates on Clear Channel Outdoor’s parent company iHeart Media as they move towards a restructuring of their $20 billion in debt. Radio+Television Business Report had an article noting that iHeart Media was victorious in a San Antonio appeals court ruling. The issue was whether a 2015 equity […]
Other News
Seeking Alpha on Landmark
Seeking Alpha has an article titled “Landmark Infrastructure Is No One Hit Wonder” by Brad Thomas on Landmark Infrastructure. Two charts caught Insider’s eye. Here’s a chart showing Landmark offices (blue) and origination team members (green). You can expect to see lots of Landmark lease and easement activity in markets […]
Lamar Nearing Settlement With Tacoma WA
A lengthy dispute between Lamar Advertising and the City of Tacoma, Washington involving as many as 300 billboard faces may be nearing an end. The News Tribune is reporting that a compromise proposed by Lamar, the company that currently owns most of the billboards in the city, would allow hundreds […]
Bartanian on Public Art and Out of Home
Kevin Bartanian EVP of Sales and Business Development, StandardVision Defining public art according to Americans For The Arts: Public art is art in public spaces. It can take a wide range of forms, sizes, and scales, and it can be temporary or permanent. It is often site-specific—created in response to the place and […]
Why Investor Steve McNeeley Likes Out of Home
Steve McNeely has had a varied career in advertising, marketing, and media with roots in Exxon’s global retail marketing that reinvigorated the Tiger. Over the past 25 years, Steve has worked with a variety of private equity funds across a wide range of industry sectors but always with an affection […]
Ultravision Providing Lamar LED Lights and Displays
DALLAS–(BUSINESS WIRE)–Ultravision International, a world-leading innovator and manufacturer of LED displays and LED lighting, today announced that it has reached a definitive agreement with Lamar Advertising Company (NASDAQ: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, for Lamar to purchase LED billboard lights and Modular […]
Blip increases Yesco digital revenue 11% prompting Yesco to invest.
SALT LAKE CITY, UT–(Marketwired – Oct 11, 2017) – Blip, a flexible and cost effective platform for purchasing and managing digital out of home (DOOH) advertising campaigns, released the results of its year-long integration with YESCO Outdoor Media. First launched in June 2016, Blip’s integration with YESCO allows any interested buyer to view […]
Geopath Market Spotlight: Houston
Did you know? Houston residents eat out more times a week than any other city in America? Houston has an underground tunnel system running 7 miles and linking 95 city blocks. This week’s Geopath Market Spotlight focuses on the Houston DMA. Infographics for the top DMAs and much more are […]
Company of the Day – Paramount Media
Company: Paramount Media Group, Inc. Headquarters: 1749 Cornell Ct., Naperville, IL 60565 Markets: Illinois Phone: 630-355-4375 Email: paramountmedia@aol.com Paramount Media operates a 9 out of home structures with 18 faces in Chicago. The boards vary in size from 14 by 48 to their 20 by 60 digital face. David Quas is the company’s President. [wpforms […]
Outfront and Clear Channel Outperform market over last quarter.
Outfront and Clear Channel have outperformed the stock market during the past quarter while Lamar has lagged. Outfront was up 9% versus 5% for the S&P 500 due to a bump associated with winning the MTA renewal. Clear Channel Outdoor was up 7% over the past three months although the […]