Tag: Clear Channel Outdoor

Clear Channel Outdoor Soars in 2Q 2021

US out of home stocks beat the market during the second quarter of 2021.  Clear Channel Outdoor increased by 40% during the second quarter of 2021 versus a 7% increase for the Standard and Poor 500.  Clear Channel stock is more volatile than the other out of home companies because […]

Texas Digital Billboard Campaign Seeks to Find Missing Children

Houston, TX – May 25, 2021 — Texas Center for the Missing, Houston’s Amber Alert Provider, The National Center for Missing and Exploited Children and Clear Channel Outdoor Americas (CCOA) launched a new month-long effort across Texas to generate leads in four individual missing children’s cases in Houston, San Antonio, […]

The OAAA/Geopath Show CEO Panel

Anna Bager moderated a CEO panel at yesterday’s OAAA/Geopath conference.  Some of the highlights. Lamar Advertising CEO Sean Reilly on the resilience of billboards. Since this time last year I have consistently underestimated our ability to come back.  This time last year we were all drawing down our revolvers…things exploded […]

7 Takeaways from Day 1 of the OAAA/Geopath Conference

Here are 7 takeaways from day one of the OAAA/Geopath 2021 conference. (1) The recovery is occurring faster than expected, says Sean Reilly, CEO, Lamar Advertising (2) “We learned how to sell other verticals,” Scott Wells, CEO, Clear Channel America on selling during covid. (3) “Covid brought new brands” to […]

OAAA Announces 79th Annual OBIE Winners

WASHINGTON D.C. (May 24, 2021) – The Out of Home Advertising Association of America (OAAA) today announced the 79th  Annual OBIE Award Winners. Each year the OBIE Awards honor the year’s most accomplished creative campaigns in out of home (OOH) advertising, and this year OAAA presented 58 awards via a […]

Clear Channel Announces Debt Offering and Extension of Shareholder Rights

Insider noted two recent announcements from Clear Channel Outdoor. Extension of voter rights – Insider wrote back in May 2020 of CCO’s adoption of a one year shareholder rights plan.  A shareholder rights plan is also called a poison pill.  Shareholder rights plans were devised in the early 1980s as a […]

US out of home revenue to jump in second quarter

How is the US out of home industry recovering from covid?  Billboard Insider compiled this chart comparing the change in public company US out of home revenues over the past year against the change in US out of home industry revenues compiled by the OAAA.  We added a column for […]

Clear Channel Outdoor Revenues Down 33% in 1Q 2021

Clear Channel Outdoor revenues are beginning to come back but expenses remain stubbornly high, especially in Europe.  Here are the results from the Clear Channel Outdoor 1Q 2021 earnings release, Clear Channel Outdoor 1Q 2021 earnings presentation and conference call. Revenue declined 33% to $371 million.  North America revenue was […]

Women Account for 35% of US OOH Board Seats

The US public out of home companies are giving women more board opportunities than the typical Russell 3000 company but need to do a better job appointing minorities to boards. Non-Executive Board Members of OUTFRONT, Lamar and Clear Channel Outdoor 2020 Clear Channel pays board members the most (in excess […]