Outfront Media has closed the sale of all of its equity interests in the Company’s Argentina, Chile, Mexico and Uruguay outdoor plant to JCDecaux. The sale price was $82 million. Revenue and cashflow were not disclosed. Insider’s take: A good thing for Outfront. The market discounts revenue and cashflow from […]
Other News
Short Attention Spans Mean Short Copy
The Huffington post is encouraging advertisers to shorten ad copy to reflect shorter attention spans. A Microsoft brain activity study found that between 2000 and 2013 average attention spans dropped from 12 seconds to 8 seconds. Yet between 2000 and 2015 Zenith Optima found that the median number of words […]
Montana Considering Highway Digital Boards
After 10 years of proposals and public hearings, Montana may be ready to allow digital billboards on state highways according to reports in Missoulian, Montana Standard and the Helena Independent Record. The Montana Transportation Commission is considering allowing non-animated digital boards and the outdoor community is optimistic of passage due to a […]
Outdoor Advertising Valuations March 2016
The four public outdoor companies were valued at 3.7 times gross revenue and 13.1 times cashflow at March 31, 2016 according the the Yahoo Finance pages for Clear Channel, Outfront, Lamar and JCDecaux. Lamar leads the group at a valuation of 5.8 times revenue and 13.9 times cashflow. Insider attributes […]
Gordon Outdoor
Company: Gordon Outdoor Advertising Markets: Kansas and Oklahoma Headquarters: Broken Arrow, Oklahoma. Phone: 918-636-6474 Gordon Outdoor Advertising operates billboards in Oklahoma and Kansas. Jeff Gordon is the company’s owner. Brian Firth is the company’s in-house graphics artist and production manager. The company operates multiple static, trivision, and LED signs throughout […]
iHeart Media Debt Woes
iHeart Media is one of the largest media conglomerates in the United States. They own 858 radio stations; Premier Networks, the top U.S. radio network; and iHeartRadio, among the nation’s top digital music services. For those of us more focused on the billboard industry, we know iHeart as the owner […]
Billboard Designers Say No To QR Codes and Billboards
Insider posted yesterday on QR codes and billboards. Insider thinks QR codes should be used sparingly because they distract drivers. Insider asked billboard design experts Greg Callaham and Melody Roberts what they think. Greg Callaham is an award-winning graphic designer who has designed over 10,000 billboards in a 30 […]
Should you put a QR code on a billboard?
Lots of companies are putting QR codes on billboards. See the Durden Outdoor ad on the right. A QR code is a barcode which contains a URL. Scan the barcode with your phone and you’ll be taken to a website page. The QR code on the right was placed on […]
Baseball Season is Here!
For you baseball fans, the Kansa City Royals have been very creative in their use of Billboard advertising to remind us of the upcoming season. Their latest, shown below, is an example of a simple but effective way to promote the new season with a 3D image of a ballplayer […]
Flynn Sign Company
Company: Flynn Sign Company Markets: Tennessee Headquarters: 85 Burnett Street, Crossville, Tennessee 38555 Phone: 931-484-9591 Email: Sales@Flynnsigns.net Flynn Sign Company is a family owned and operated business started in 1948 by Bill Flynn to hand paint and service signs. In 1970 the company moved to its 85 Burnett Street location. […]
