Tag: Clear Channel Outdoor

Jesse London Wishes He’d Left Corporate Life 10 Years Earlier

In 2020, Jesse London formed TierOne Media after a career which included stints at Clear Channel Outdoor and OUTFRONT.  TierOne owns 51 billboard faces in Alabama and Florida, including 31 digital billboard faces.  Billboard Insider asked London what he’s learned after a year one his own. What do you know […]

Clear Channel Outdoor Closes 5 Acquisitions During Fourth Quarter 2021

Billboard Insider posted on the torrid fourth quarter 2021 out of home transactions market a couple of days ago. We have learned since then that Clear Channel Outdoor had been active along with the other major out of home companies.  The company closed 5 acquisitions in 4 different markets for digital […]

Scott Wells Commences Role as Chief Executive Officer of Clear Channel Outdoor Holdings

SAN ANTONIO, Jan. 3, 2022 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) today announced that Scott Wells has commenced his new role as Chief Executive Officer and member of the Board of Directors, and William Eccleshare has transitioned to the role of Executive Vice Chairman of the Board. These appointments were announced concurrent with […]

Out of Home Companies Outperform the Market during 2021

The three public US out of home companies outperformed the stock market during 2021.   Clear Channel (up 98%) led the way followed by Lamar Advertising (up 45%) and OUTFRONT (up 37%).  The S&P 500 increased 27%. Stock performance of Lamar (green), Clear Channel Outdoor (blue) and OUTFRONT (purple) versus the […]

Paul Wright Says Post Pandemic Values Will Exceed Pre-Pandemic Values

On today’s podcast billboard valuation expert Paul Wright from SignValue gives his opinion of the big three and says that post pandemic values will be higher than pre-pandemic values. Here are the highlights. On Lamar Advertising Well, Lamar, like the other public companies had a great third quarter compared to […]

Why a European Sale Makes Sense for Clear Channel Outdoor

Clear Channel Outdoor stock rose 8% yesterday after the company announced it will consider selling their European business.  Clear Channel Outdoor also increased fourth quarter 2021 revenue guidance.  It raised fourth quarter revenue growth by 2%.   Fourth quarter consolidated revenues are projected to grow 39-42% and return to pre-covid levels.  […]

Clear Channel Outdoor Revenue Up 33% in 3Q 2021

“We delivered very strong results during the third quarter and we entered the fourth quarter with continued business momentum,” was how Clear Channel Outdoor worldwide CEO William Eccleshare summarized  3rd quarter 2021 financials.  Here are the highlights of the 3rd quarter 2021 earnings release, earnings presentation and conference call. Revenue […]

Conservation International and Clear Channel run digital campaign during COP26

                NEW YORK, Nov. 2, 2021 /PRNewswire/ — Over the next two weeks, 20,000 world leaders and delegates will meet in Glasgow to discuss solutions to the world’s climate crisis. And there’s a voice that we need to make sure is heard louder and clearer than ever […]