SignValue’s Paul Wright is an expert in valuing out of home advertising companies. Insider asked Wright for an update on billboard values. With the changes in income tax law coming in 2018, do you anticipate a shift in focus to property valuations? We are cautiously optimistic that the dramatic reductions […]
Philadelphia has a 7% tax on outdoor advertising but still wants to squeeze businesses and out of home companies for more. In 2016 the city decided to try to raise $118 million in additional revenue by reassessing 65,000 commercial and industrial properties, leaving 515,000 residential property parcels untouched. A group of […]
Max Drachman is an out of home broker at Kalil and Co. Drachman has this update on the out of home M&A market. Max, it looks like you had a busy 2017. Can you bring us up to speed on any closings you facilitated towards the end of the year? […]
Kerry Yoakum is VP, Government Affairs for OAAA. He joined OAAA in 2008 after practicing law as an attorney for the Ohio Department of Transportation. Insider asked Kerry to talk about out of home regulatory trends. What were some of the most important legal issues this year? From a national […]
Insider wanted to provide some feedback from a recent OAAA Webinar on the coming new OSHA Climber Safety Rules. The focus was on a series of questions posed by the OAAA to the Department of Labor and the response received in July of this year. The Webinar had a very […]
By Bob Klausmeier In the summer of 2013, I embarked on a new venture, a ground-up new billboard company comprised entirely of digital billboards. As of this writing, the new venture has built and installed eighteen digital billboard faces on nine, well-placed structures in southern Michigan. The company is thriving […]
Company: Riley Outdoor Headquarters: 704C Plaza Blvd. #106, Kinston, NC 28501 Markets: Signs located throughout Eastern North Carolina Phone: 252-527-2223 Email: RobertMoore@RileyOutdoor.com Insider caught up with the owner of Riley Outdoor, Robert Moore. Robert, you have ownership interests in both Riley Outdoor and Patriot Outdoor. Is the strategy to sell inventory […]
Here are two surprising pie charts on the three big public US out of home companies. The first pie chart shows revenues for Clear Channel Outdoor, Lamar and Outfront Media for the financial quarter ended June 30, 2017. Insider thought there was a typo when he first compiled the chart. […]
Paul Wright of SignValue.com is one of the smartest people Insider knows when it comes to valuing billboards. Wright is a General Certified Appraiser who has been valuing billboards for 20 years. Wright is also author of Billboard Appraisal: The Valuation of Off-Premise Advertising Signs. Wright recently gave an OAAA sponsored […]
The City of Reno Nevada, Planning Commission, met on August 2nd to consider new language from city staff as directed by the City Council on off-premises billboards. Insider viewed the video of the Planning Commission meeting. For those who are interested, the video can be found here. The testimony related […]
