Portland, Maine — Clear Channel Airports (CCA), a brand division of Clear Channel Outdoor Americas (CCOA) (NYSE: CCO), and an indirect subsidiary of iHeartMedia Inc., announced today that it was awarded a 10-year contract with Portland International Jetport (PWM). This win extends a partnership that began with the city in […]
Insider is watching a Wisconsin legal dispute (Koepp Realty vs. Clear Channel Outdoor) over the automatic renewal terms in an out of home advertising ad contract. Robert Koepp, a Waukesha county realtor signed a billboard contract with a predecessor to Clear Channel Outdoor. The monthly rate was $250/month with an […]
The Daily Journal reports that San Carlos, California is set to approve a lease at 815 American St with Clear Channel Outdoor to permit construction of a digital billboard. Key terms of the lease include: A 20 year term. An upfront payment of $100,000. Lease payments equal to 30% of […]
Senator John S. McCain died Saturday. Plenty of billboards honoring his memory. Here are billboards from Lamar… and Clear Channel Outdoor… Here’s what Riley Outdoor’s Robert Moore posted on twitter. [wpforms id=”9787″] Paid Advertisement
Clear Channel Outdoor Americas CEO Scott Wells was interviewed by Jeffrey Hayzlett at the C-Suite Perspectives Conference. Some of the highlights. Wells on the ambivalence of some advertisers to digital signs The printed signs are the bigger part of the business but digital is growing rapidly…Advertisers really debate. The […]
A good out of home management team grows revenues faster than expenses. An additional dollar of revenue doesn’t add an additional dollar of expense because you’re able to leverage your people and plant. You may have sales commissions (10-20% of collections) and increased lease costs (if you’ve got a % […]
Clear Channel Outdoor’s RADAR system uses mobile data to assist in out of home buying. Channel Outdoor CFO Rich Bressler spoke favorably about RADAR on this week’s earnings conference call: “By leveraging our aggregated and anonymized mobile location data, RADAR has achieved impressive results for both national and local brand […]
Kalamazoo, MI – – Clear Channel Airports (CCA), a brand division of Clear Channel Outdoor Americas (CCOA) (NYSE: CCO), an indirect subsidiary of iHeartMedia Inc., today announced it won a five-year renewal with an option to extend for an additional five years, with Kalamazoo/Battle Creek International Airport (AZO) to provide brands with innovative advertising solutions. The […]
Clear Channel Outdoor revenues and cashflow grew for the second quarter of 2018. Here are links to the second quarter earnings release and conference call powerpoint. Americas revenue (North America) declined 0.1% to $300 million. Americas revenue grew 2.1%, however, when adjusted for divestitures. Growth resulted from higher digital and […]
Clear Channel Outdoor is seeking a Regional President Midwest to oversee the company’s Chicago, Minneapolis and Wisconsin markets. Former Regional President Midwest Paul Corvino accepted a job as Region President at iHeart Media Detroit earlier this month. Corvino has been in his position at Clear Channel Outdoor since September […]
