Search Results for "valuation"

Billboard Insider Classifieds January 30, 2021

Billboard Insider Classifieds work: “We got a big boost in qualified applicants from running our ad on your site.”  Rodney Davis, Transformation Media “Thanks to you and your website I’ve hired a General Manager.  We received several qualified applicants in response to our Billboard Insider classified”  Justin Powell, Owner, Huntington Outdoor […]

What Multiple Did This Company Sell For?

By Chris Stark, Stark Capital Solutions When I got started in the billboard industry over 20 years ago, valuations of billboard transactions were always referred to in terms of a multiple of revenue. Wow, valuation talk was so simple back then! There is no doubt that acquirers back then were […]

Billboard Insider Classifieds January 23, 2021

Billboard Insider Classifieds work: “We got a big boost in qualified applicants from running our ad on your site.”  Rodney Davis, Transformation Media “Thanks to you and your website I’ve hired a General Manager.  We received several qualified applicants in response to our Billboard Insider classified”  Justin Powell, Owner, Huntington Outdoor […]

Jeremy Male: Digital billboard conversions a huge opportunity.

OUTFRONT Media CEO Jeremy Male was bullish on programmatic and digital billboard conversions in a talk yesterday at the Citi Global TMT West January 2020 conference.  Some highlights. Programmatic will grow. It’s being made by advertisers.  Last year’s run rate $20 millions.  It wouldn’t surprise me if that were to […]

Max Drachman On What Determines the Value of Your Out of Home Plant

On last week’s Billboard Insider podcast Insider commented that out of home values vary from 8 to 14 times cashflow.  Reader Greg Hicks asked us to explain what factors cause the multiple to vary.  We asked out of home broker Max Drachman of Kalil and Co to comment: That’s a […]

Eccleshare: The second wave of the virus is not as scary as the first.

Clear Channel Outdoor Worldwide CEO William Eccleshare, Americas CEO Scott Wells and CFO Brian Coleman appeared at this weeks Wells Fargo TMT conference.  Some highlights. Eccleshare is optimistic about the future. We continue to be optimistic about the resilience of the business because there the lockdowns have been less significant…our […]

Link Media: Most of the things we are looking at are tuck-ins.

Alex Rozek (center) and Adam Peterson (right) appearing at the Wells Fargo TMT Summit Boston Omaha’s Co-CEO’s Alex Rozek and Adam Peterson made a rare public appearance at the Wells Fargo TMT conference this week.  Here’s what they said about Boston Omaha’s Link Media Outdoor subsidiary. On why Link has […]

Boidman confirms OOH bid ask spread has widened for large transactions.

Last week Billboard Insider quoted PJ Solomon investment banker Mark Boidman suggesting the bid ask spread has widened on out of home transactions.  Yesterday Billboard Insider ran comments by some out of home investment bankers suggesting that the bid ask spread hadn’t widened especially for smaller transactions.  Mark Boidman tells […]

Lamar Revenue Down 15% in Third Quarter 2020

Lamar is recovering from covid faster than OUTFRONT, Clear Channel Outdoor or JCDecaux and will aggressively deploy digital billboards in 2021.  Here are the results of the Lamar 3rd quarter earnings release and conference call. Revenues declined 15% to $386 million during the third quarter of 2020.  This was an […]

Brad Thomas on Landmark Infrastructure

Insider is a fan of Brad Thomas, a research analyst who writes on public REITs for Forbes and Seeking Alpha.  Last week Thomas suggested that Landmark Infrastructure’s valuation imputes no value to the company’s portfolio of out of home leases.  Insider thinks that Landmark should sell the portfolio to out […]