Tag: Clear Channel Outdoor

Clear Channel Airports Awarded 5-Year Renewal with Long Beach Airport for Innovative Media Makeover

High-impact digital and printed advertising program reaches business and leisure travelers at Long Beach Airport. (Photo: Business Wire) LONG BEACH, Calif.–(BUSINESS WIRE)–Clear Channel Airports (CCA), a brand division of Clear Channel Outdoor Americas (CCOA) (NYSE: CCO), and a subsidiary of iHeartMedia Inc., today announced it was awarded a five-year contract expansion with city-owned Long […]

iHeart & Lenders – Is There Finally A Deal?

In an SEC 8-K filing dated February 9th, it appears that iHeart Communications and the Lender group, representing $20 billion in debt, may be very close to a deal. The filing indicated that on February 8th, the Lender group provided to iHeart the following term sheet which includes:  A Pre-packaged/Pre-arranged […]

iHeart Misses Interest Payment Deadline

Various news sites reported yesterday that  iHeartCommunications failed to make a $106 million interest payment to holders of its 14% senior unsecured notes with a  2021 maturity date.  The interest payment was due on February 1st. Insider would more likely describe that iHeart “chose” to miss the payment rather than […]

Clear Channel Outdoor Appoints Dan Ballard Minneapolis Branch President

Clear Channel Outdoor (CCO) (NYSE: CCO), a subsidiary of iHeartMedia Inc., today announced the appointment of Dan Ballard to Branch President of its Minneapolis division. Ballard will report to Paul Corvino, Midwest Regional President of Clear Channel Outdoor. In his new role, Ballard will provide leadership in all areas of […]

Use Video To Market Your Billboards

Insider is finishing up the 2018 out of home website rankings.  Only 5% out of home websites include video.  This is marketing mistake.  Anyone with a smart phone and a wordpress website can take video, upload it to a free youtube/vimeo page and copy a link into their website.  It’s […]

Billboards Highlight Female Execs at CES 2018

  The Female Quotient, an organization to advance gender equality in the workplace, used digital billboards in Las Vegas to highlight the leadership strengths of female executives participating at January’s CES 2018. Clear Channel Outdoor’s Director of Corporate Communications Rainbow Kirby Stearns made the big screen with “My leadership strength […]

Landmark acquires 127 assets for $60 million

Last week Landmark Infrastructure, the publicly-traded investor in tower, solar, wind and outdoor leases and easements announced the signing of an agreement purchase 127 assets in 32 states for $60 million.  Closing is scheduled for this week.  The press release did specify if any of the new assets were outdoor.  […]

Clear Channel Launches New Digital Media Networks in San Francisco

More and more smart small screens are coming to big cities.  Here’s the press release for the launch of Clear Channel Outdoor’s smart small screen network in San Francisco.  The San Francisco Chronicle wrote about the small screen network on Saturday.   Clear Channel Outdoor (CCO) (NYSE: CCO), a subsidiary of […]

Philly Tax issues

Philadelphia has a 7% tax on outdoor advertising but still wants to squeeze businesses and out of home companies for more.  In 2016 the city decided to try to raise $118 million in additional revenue by reassessing 65,000 commercial and industrial properties, leaving 515,000 residential property parcels untouched.  A group of […]

Lamar outperforms market in 4Q 2017

Lamar outperformed the S&P 500 during the fourth quarter of 2017.  Clear Channel Outdoor and Outfront underperformed the S&P 500 during the fourth quarter of 2017.  Here are the actual numbers. Lamar up 8.74% during the fourth quarter of 2017. S&P 500 up 5.71% during the fourth quarter of 2017. Clear […]