Tag: CCO

Insider’s Thoughts On Clear Channel’s Stock Offering

Clear Channel Outdoor Holdings, Inc. announced this week plans for underwriting a public offering of 100 million shares of their common stock.  After reviewing the prospectus, Insider thought it would be worthwhile to pass along some thoughts. Use of Proceeds Insider has written about CCO’s high leverage.  The good news […]

Pearl Jam Raises Awareness for Homelessness

Hometown. Home Shows. Homelessness. These three elements will band together as Pearl Jam, Seattle’s iconic Rock and Roll Hall of Famers, take the stage on August 8th and 10th at Safeco Field to not only rock the crowd, but to raise awareness and pledge support to fight homelessness in their hometown. Seattle’s homelessness […]

Clear Channel Outdoor Revenue and Cashflow Grow

Clear Channel Outdoor revenues and cashflow grew for the second quarter of 2018.  Here are links to the second quarter earnings release and conference call powerpoint. Americas revenue (North America) declined 0.1% to $300 million.  Americas revenue grew 2.1%, however, when adjusted for divestitures.  Growth resulted from higher digital and […]

Baltimore Billboard Tax Upheld

A Maryland tax judge has upheld the City of Baltimore’s billboard tax, rejecting a constitutional challenge that free speech could be chilled by singling out one medium while not taxing radio, TV, and newspapers. The tax was imposed to raise revenue, “not on the right to disseminate information, ideas or […]

Clear Channel Outdoor Revenue and cashflow down in 3Q 2017

Here are the results from Clear Channel Outdoor’s 3rd quarter 2017 financials and earnings call powerpoint. Consolidated revenues decreased 3.6% to $669 million during the 3rd quarter of 2017 due to the sale of assets and the impact of foreign exchange movements.   Consolidated cashflow decreased 17.6% to $128.2 million […]

CCO’s RADAR Gets Smarter by Adding Cuebiq

24 Hour Fitness Uses New Data for Integrated Out-of-Home and Mobile Campaign Achieving 264% Lift in Gym Visits 24 Hour Fitness launched their campaign on Clear Channel Outdoor’s printed and digital billboards in two California markets. (Photo: Business Wire) July 24, 2017 10:13 AM Pacific Daylight Time NEW YORK–(BUSINESS WIRE)–Clear […]