Media Village has a piece titled: Year of the woman: In Congress, IN hollywood and In OOH. The article cites prominent female OOH leaders – Nancy Flether, Kym Frank and Jodi Senese – and mentions the Billboard Insider list of 362 women OOH executives. Huntington Outdoor’s Jena Powell made the […]
Tag: Clear Channel Outdoor
iHeart’s Bob Pittman on benefits of splitting radio and out of home.
iHeart’s CEO Bob Pittman has newfound skepticism about the synergies of owning radio and out of home. Here’s a snippet of Pittman’s 5 minute Bloomberg Markets interview. He had these comments: “…splitting the outdoor company from the iHeart Media segment, which is primarily audio, allows us to align the company’s […]
Market Woes Impact Public OOH Companies in 4Q 2018
Stock market woes hurt US Out of home operators during the 4th quarter of 2018 although Outfront and Lamar outperformed a dismal market. 2018 was the worst year for the stock market since the 2008 financial crisis. On an annualized based the stock market was down 57% during the fourth […]
Lamar Ratings Unchanged by Moody’s
New York, December 21, 2018 — Moody’s Investors Service (Moody’s) said Lamar Advertising Company’s ratings are unchanged following the acquisition of billboards in five markets located in North Carolina, South Carolina, Georgia and Wisconsin from Fairway Outdoor Advertising for $418.5 million. Pro forma leverage is expected to increase to 4.0x […]
Clear Channel Outdoor and iHeartMedia Agree To Separation
News came out on Friday that Clear Channel Outdoor and iHeartMedia had come to an agreement to separate Clear Channel to an independent stand alone Company, Clear Channel Outdoor Holdings, Inc. Insider spent some time reading through the 8K (which is a fairly short read) and a significant portion of the […]
New and Noted December 21, 2018
The New York Times did a nice feature this week called Digital Data Gives Billbaord Owners More Reason to Love a Good Traffic Jam. It quotes Lamar’s John Miller, Clear Channel Outdoor’s Dan Levi, Outfront Media’s Jeremy Male and iHeart’s Robert Pittman on how they use data to target commuters […]
3 Out of Home Stories to Watch in 2019
Here are three out of home stories Insider is watching in 2019. Clear Channel Outdoor Set Free. Insider expects Clear Channel Outdoor will cut ties with iHeart Media and leave bankruptcy during 2019. The reorganization plan has been approved by creditors and is waiting final Court approval. This will be […]
Clear Channel Wins San Diego Airport Contract
San Diego, CA – – Clear Channel Airports (CCA), a brand division of Clear Channel Outdoor (CCO) (NYSE: CCO), an indirect subsidiary of iHeartMedia Inc., today announced it won a 10-year contract with San Diego International Airport (SAN) to provide brands with innovative advertising solutions. The new partnership began Nov. […]
Education, Insights at Annual OOH:NOW Conference
By Steve Nicklin, Vice President of Marketing, OAAA The Ad Club of New York’s annual OOH: NOW conference showcased the many ways data and technology are enhancing OOH’s importance in today’s media plans. What follows is a review of the education and insights offered during this sold-out half-day event. The Ad Club […]
iHeartMedia Announces Overwhelming Creditor Support for Plan of Reorganization
SAN ANTONIO–(BUSINESS WIRE)–iHeartMedia, Inc. (PINK: IHRTQ) (“iHeartMedia”) today announced voting results for the Company’s Fifth Amended Joint Chapter 11 Plan of Reorganization (the “Plan”). Voting results indicate that every class of creditors entitled to vote has voted to approve the Plan. More than 90% of the votes cast by creditors […]