Clear Channel Outdoor stock was up 3% for the first quarter while the S&P 500 was down 2%. The market seems to be viewing the iHeart bankruptcy as a good thing because it means Clear Channel Outdoor may find independence and owners who will stop mortgaging the future to pay […]
By Rainbow Kirby-Stearns, Director, Corporate Communications and Marketing, Clear Channel Outdoor At Clear Channel Outdoor, one of the most fulfilling aspects of my role in corporate communications is bringing light to social causes through the lens of the outdoor screen. In today’s attention-deprived society and fragmented media landscape, billboards can’t be […]
As iHeartMedia heads into bankruptcy, Insider will narrow our focus more to how the bankruptcy process may impact Clear Channel Outdoor. Along with our own commentary, Insider will refer our readership to other articles of merit as we scrub through the news of each day. One such article is by […]
Insider thanks Jason King for permission to publish this post which originally appeared in the Clear Channel Outdoor Lookup blog. The telltale signs that spring is on its way are here, from budding trees to longer lit days to chocolate bunnies and Easter baskets that have begun to line local […]
With iHeartMedia now in bankruptcy and much speculation on the eventual fate of Clear Channel Outdoor, Insider caught up with Max Drachman, V.P. at Kalil & Co., to get his thoughts on the possibilities. Max, there has been a lot of early speculation about what happens to Clear Channel Outdoor. […]
Insider provides this excerpt from a press release from early this morning Thu March 15, 2018 12:47 AM|Business Wire iHeartMedia, Inc. (IHRT) and Certain Subsidiaries Voluntarily Commence Chapter 11 Proceedings to Implement Agreed Upon Balance Sheet Restructuring Day-to-Day Operations Will Continue as Usual During Restructuring Process Clear Channel Outdoor Holdings, Inc. (CCO) […]
By Nicole Randall OAAA Communications Director This month, OAAA spotlights the Innovations Committee, asking members, “If you could snap your fingers to change one technology-related thing in the OOH industry, what would you change today and why?” Kevin Bartanian, EVP Sales & Business Development, StandardVision I would have all creative for […]
Lamar has outperformed the S&P 500, the S&P Media Index and the REIT Index over the past four years. Outfront and Clear Channel Outdoor have underperformed over the same time frame. Lamar is blue, Outfront is purple and Clear Channel Outdoor is yellow in the chart below. Source of Chart: […]
Since details are moving very quickly on Clear Channel Outdoor’s parent company iHeartMedia, Inc., Insider wanted to provide a couple of updates of interest before the weekend. In two separate 8-K Filings, iHeart Media shared: The Board of Directors has elected not to make interest payments due on March 1, 2018 […]
Liberty Media, who has a broad range of media and entertainment interests that include SiriusXM and the Atlanta Braves, have entered the iHeart Media sweepstakes as a potential investor. Liberty has offered a term sheet to certain key lenders and note holders of iHeart to buy a 40 percent stake […]
