Clear Channel Outdoor CFO David Sailer provided an update on assets sales at this week’s Deutsche Bank Media, Internet and Telecom Conference. Here’s a selection of Sailer’s comments, analyzed by SignValue. France was a bad business for Clear Channel Outdoor France, that was a tough business tough business in the […]
Here’s a selection of Scott Wells comments at last week’s Morgan Stanley Technology, Media and Telecom Conference, analyzed by SignValue. Clear Channel needs to reduce debt in half to become a REIT I think for us to convert to a REIT we’re going to need to be probably about half […]
Chicago, Illinois – Clear Channel Outdoor Americas (CCOA), (NYSE: CCO), announced today it has appointed Eric Hamme as president of its Chicago market, the third-largest media market in the U.S. In this role, Hamme will oversee all aspects of the market’s operations, including sales, marketing, real estate, public affairs, operations […]
“During the fourth quarter our America segment delivered record revenue of $311 million representing an increase of 4.1% driven by strength in digital and local sales” was how Clear Channel Outdoor CEO Scott Wells introduced the company’s 4Q 2024 financials. Here are the results of the CCO 4Q 2024 earnings […]
February 06, 2025 6:30 AM EST SAN ANTONIO, Feb. 6, 2025 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) today announced it has completed the sale of its businesses in Mexico, Peru and Chile to Global Media US LLC, doing business as Global Vía Pública in a simultaneous sign and […]
New York, NY – Clear Channel Outdoor’s Airports Division, the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), today announced that it has been awarded a 10-year partnership extension through a competitive RFP process with Huntsville-Madison County Airport Authority to provide the latest high-tech media for […]
New York, NY – Clear Channel Outdoor (NYSE: CCO), one of the world’s largest out of home (OOH) media providers, and Big Brothers Sisters of America (BBBSA), the preeminent one-to-one youth mentoring organization in the United States, today announced the activation of a national digital out of home (DOOH) media […]
Yesterday Clear Channel Outdoor announced a sale of Europe North to Bauer Group for $625 million. Here’s an analysis of the sale prepared and sponsored by SignValue. Who is Bauer Media? Bauer Media is a German conglomerate which operates more than 600 magazines, 400 digital products and 50 radio and […]
SAN ANTONIO, Jan. 9, 2025 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) today announced it has entered into a definitive agreement to sell the businesses constituting its Europe-North segment to Bauer Radio Limited, a subsidiary of Bauer Media Group. The expected purchase price from the transaction of $625 […]
The US out of home stocks underperformed the market during the fourth quarter of 2024. Here’s an analysis if the performance of the public US out of home companies, prepared and analyzed by SignValue. During the fourth quarter The S&P 500 grew 3%. OUTFRONT (purple) declined 4%. It did the […]
