This week OUTFRONT Media issued $500 million of 4.625% senior notes to retire $450 million of 5.875% notes. Insider thought you might want to see how this note issue stacks up with the senior debt of the other public out of home companies. As you can see from the debt […]
Clear Channel Outdoor had a great 3rd quarter 2019 in the US but struggled internationally. Here’s a summary of comments from the company’s senior execs on the 3rd quarter 2019 earnings call. William Eccleshare, CEO, Clear Channel Outdoor Holdings on the China subsidiary’s 19% drop in revenue In the International […]
Barbados ‒ Brands targeting airline passengers in Barbados now have access to cutting-edge marketing opportunities in Grantley Adams International Airport (GAIA) via a first of its kind partnership with Clear Channel Airports (CCA), the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO). GAIA awarded CCA this contract […]
China problems dragged down Clear Channel Outdoor’s performance during the third quarter of 2019. Here are the results from the earnings release and investor deck. Insider is focusing on the results excluding effects of foreign exchange. Consolidated revenue increased by 0.7% to $668 million during the third quarter of 2019. […]
MONTREAL, Canada and New York, NY — November 5, 2019 — Broadsign, the leading digital out-of-home (DOOH) marketing platform and Clear Channel Outdoor (NYSE: CCO), one of the world’s largest OOH providers, today announced a new partnership that enables brands to tap CCO’s U.S. DOOH inventory via Broadsign’s programmatic supply-side […]
American Tower has entered the out of home business with the purchase of RSA in Boston and some Total Outdoor assets in Boston. Kalil and Company handled the RSA transaction. PJ Solomon handled the Total transaction. The company has been low profile about its investments. No mention of out of […]
By Dan Levi EVP-CMO, Clear Channel Outdoor Americas Last week, the world of marketing and advertising was focused on Orlando for the ANA Masters of Marketing conference, the annual gathering of the industry’s top marketing professionals, and a universe of media, creative, data, AdTech and MarTech companies. The theme of […]
San Jose, CA – – Clear Channel Airports (CCA), is bringing a cutting-edge advertising network to the Capital of Silicon Valley transforming the country’s fastest growing airport, Norman Y. Mineta San Jose International Airport (SJC), into the first all-digital and most advanced advertising and sponsorship program in the U.S. CCA, […]
OUTFRONT stock was up 8% for the three months ended September 30, 2019 due to strong revenue growth. Lamar stock was was up 1% for the three months ended September 30, 2019 in line with the Standard and Poors 500. Clear Channel Outdoor stock was down 46% for the three […]
Clear Channel CFO Brian Coleman talked this week at the Deutsche Bank 2019 Leveraged Finance Conference on steps he’s taken to fix Clear Channel Outdoor’s balance sheet, the company’s problems in China and whether Los Angeles will permit more digital billboards. On fixing the balance sheet. Out of the box […]
