Tag: Clear Channel Outdoor

Billboard/Poster Company Revenues Recovering Fastest From Covid

Here’s a chart showing of the change in revenues at the public out of home companies compared to each company’s reliance on roadside billboards.  There’s a correlation between how reliant a company is on billboard/poster revenues and how fast it is recovering from covid. Small wonder that Clear Channel Outdoor, […]

Clear Channel Outdoor Outperforms Expectations for Third Quarter 2020

Clear Channel Outdoor announced better than expected third quarter 2020 results due to a rebound in Europe.  Here are the results of the earnings release, earnings presentation and conference call. Revenue declined 32% to $448 million in the third quarter of 2020 versus a decline of 55% during the second […]

Clear Channel UK CMO Martin Corke Joins WOOH Board

                    Clear Channel UK Chief Marketing Officer and European Marketing and Communications Lead Martin Corke is to succeed Clear Channel colleague Philippe Baudillon on the World Out of Home Organization global board. Baudillon was Regional CEO, Clear Channel (France,  Belgium, Netherlands.) Corke […]

How Much Will Out of Home Revenues Grow Next Year?

On yesterday’s OAAA webinar PJ Solomon investment banker Mark Boidman cited estimates by eMarketer, Magna and Wall Street Research that out of home revenues will grow by 9-16% next year. The big three chief revenue officers were cautious.  Lamar’s John Miller said a lot of it depend on what GDP […]

No New Digital Billboards in Baltimore

Legislation to loosen the city’s 20 year moratorium on digital billboards failed to get out of committee for the lack of support.  Earlier this month Baltimore City Council President Brandon Scott pulled a separate bill which would have permitted billboards along railroad land in Baltimore. A contentious clause in bill […]

Clear Channel Airports Wins New 10 Year Contract at BWI Airport

Baltimore, MD – – Clear Channel Airports (CCA), the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), announced today that it won, through a competitive bid process, a 10-year contract with Baltimore/Washington International Thurgood Marshall Airport (BWI), to provide a cutting edge advertising network. The new contract […]

Clear Channel Outdoor Rolls Out New Impressions Methodology in Airports

New York, NY – – Clear Channel Airports (CCA), the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), and leading airport advertising provider in the U.S., today announced a first-in-the-nation rollout of a new audience impressions methodology that provides advertisers a more precise analysis of a consumer’s […]

Clear Channel and NYCNext Run Billboards to Promote NYC

New York, NY (October 19, 2020) – New non-profit, NYCNext isn’t the first to denounce false narratives speculating that New York would not survive the pandemic, but it might be the loudest. Their inaugural campaign, created by Dumbo-based creative agency Our Man In Havana, sets out to remind New Yorkers […]

Ohio Supreme Court to Hear Billboard-tax Case

Insider has been tracking two significant tax cases in Cincinnati and Baltimore. The Supreme Court of Ohio accepted an appeal of the legal challenge to Cincinnati’s targeted tax on billboards. In June, 2018, the City of Cincinnati enacted a billboard tax as part of a last-minute “emergency” measure to help […]

Baltimore Considers New Digital Billboards

The Baltimore City Council is considering Bill 20-0570  to authorize the erection of digital billboards within railroad rights of way.  The bill was introduced in July by City Council President Brandon Scott and is supported by Baltimore’s Mayor Jack Young.  Any new billboards must: face the interstate be 500 feet […]