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. […]
Tag: Clear Channel Outdoor
Clear Channel Integrates with Broadsign Programmatic Buying
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 and Out of Home
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 […]
OOH Gets Its Moment with Marketers
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 […]
Clear Channel Installs 82 Digital Screens at San Jose Airport
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 Up, Lamar Flat, CCO Down in 3Q 2019
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 […]
Brian Coleman on Fixing Clear Channel’s Balance Sheet, China and More Digital Billboards in LA
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 […]
Sean Reilly: You’ve got an industry that’s in the best place I’ve ever seen it.
Lamar CEO Sean Reilly was upbeat about the out of home industry at last week’s Goldman Sachs Communicopia Conference. On industry prospects First of all you’ve got an industry that’s in the best place I’ve seen it and I’ve been doing this a long time. The other two big companies […]
An OOH Tribute: Smokey Bear Turns 75
Posted by Jennifer Hurley on Sept 3, 2019 Smokey Bear, the face of the longest-running PSA campaign in United States history, turned 75 this August, continuing his legacy of bringing awareness to unwanted, human-caused fires in America. Smokey Bear’s wildfire prevention campaign has had a dramatic impact since its introduction in 1944, […]
Insider Ownership at Clear Channel Outdoor and the Public Out of Home Companies
Clear Channel stock has risen 16% to $2.60 in two days on news that managers and directors are buying shares. Americas CEO Scott Wells, CFO Brian Coleman and Board Member Ben Moreland bought shares two days ago. CFO Brian Coleman and Board Member Andrew Hobson bought shares yesterday. The purchases […]