Tag: boston omaha

Who Spent What on What Last Year

Insider has prepared a table of who spent what kind of capital expenditures during 2018. 2018 Capital Expenditures (in millions) Lamar spent the most money ($593 million) in 2018 due to acquisitions and improvements to existing structures.  Lamar also spent $15 million on land acquisitions.  Lamar owns the land under […]

5 Things About Boston Omaha

Here are five things Insider learned after reading Boston-Omaha’s 10k and Annual Letter.  The annual letter is a model for how to communicate clearly with investors without hiding behind legalese.  Boston-Omaha is the parent of Link Media Outdoor. The investment thesis: barriers to entry and attractive investment opportunities.  The 10-k […]

Boston Omaha Announces 2018 Financial Results

OMAHA, Neb.–(BUSINESS WIRE)– Boston Omaha Corporation (BOMN) announced its financial results for the fiscal year ended December 31, 2018 in connection with filing its Annual Report on Form 10-K with the Securities and Exchange Commission.  Boston Omaha is the parent company of Link Media Outdoor. Here is summary financial data […]

New and Noted March 15, 2019

Next time someone tells you that out of home doesn’t work, send them this New York Times article. Two sons rented an Interstate Outdoor billboard on the Black Horse Pike highway in New Jersey for $2,000 for one month encouraging people to call their father to wish him happy birthday.  […]

Link Media Announces Tuck-In Asset Purchases

Roswell, GA – February 20, 2019: Link Media Outdoor is pleased to announce the purchase of the outdoor advertising assets of Rainbow Recording Studios in Omaha, NE; Katie Outdoor Advertising in Monmouth, IL and Fairfield, IA; and certain outdoor advertising assets of Knapp Outdoor Displays in Savannah, MO. These three […]

Billboards and Other Businesses

RocketVII Interactive announced the sale of its out of home assets in Ohio this week.  Kalil and Co was the broker.   Rockett VII’s owner also owned a a movie theater in Gallipolis, Ohio. The transaction caught Insider’s eye because Rocket’s owner had investments in a non-out-of-home company.  This is more common than […]

Unpacking Link Media Acquisitions

Insider has 3 thoughts after reviewing the details of Link Media Outdoor’s Waitt and Key Outdoor acquisitions.  Kalil and Co was the broker on both transactions.  You can find the transaction details in the Boston Omaha September 2018 10Q. Link Media Acquisitions of Waitt and Key (000’s) Now’s a good […]

Link Media Grows Via Acquisitions

Boston Omaha, the parent company of Link Media reported financials for the 3 months ended September 2018.  Here’s a summary of financial performance for Link Media Outdoor for the 3 months ended 2018. 000’s Link Media spent $136 million on acquisitions during the third quarter of 2018, including Waitt Outdoor […]

Billboard Cashflow 101

How much of every dollar of billboard revenue should be left after paying your vendors, landlords and employees?  45 cents according to Boston Omaha, the parent company of Link Media Outdoor.  Take a look at the table which appeared in Seeking Alpha’s Boston Omaha: A Potential Opportunity for Long Term […]

Boston Omaha: A Potential Long Opportunity For Patient Investors

A diligent investor should behave in such a way that they are not gambling with their money, but instead acting cautiously and allocating it wisely. That philosophy from Warren Buffet is an important part of the overall strategy of Boston Omaha. Seeking Alpha has an interesting story by Matthew Livesay […]