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 […]
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 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 […]
Here are six out of home stories Billboard Insider thinks are worth watching in 2018. Clear Channel Outdoor Gains Freedom? Insider expects iHeart Media to go bankrupt during 2018. As part of the process Clear Channel Outdoor shares will either be sold or transferred to iHeart’s creditors. Insider thinks this […]
Here are Billboard Insider’s five top out of home stories in 2017: Scenic Lawsuit Fails. In October 2016 Scenic America’s attempt to overturn FWHA guidance which permits digital billboards along federal highways was rejected by the Supreme Court which refused to reconsider a US Court of Appeals decision. This ended […]
A Clear Channel Outdoor Blog While commuters sit in traffic, brainstorming a gift that will wow family and not be stashed to the side “return pile,” out-of-home ads deliver. They deliver ideas, they deliver entertainment and they drive to retail. Deloitte said it expects retailers to see holiday sales growth […]
Last Tuesday the Tacoma City Council unanimously passed Resolution 39890 to settle a 20 year billboard dispute in Tacoma, Washington. In 1997 Tacoma amended the sign code to impose a 10 year amortization period for non-conforming billboards. In 2007 Clear Channel began a legal and public relations counterattack (see billboard on […]
iHeart Media announced on Monday it is exploring a sale of a large part of its stake in Clear Channel Outdoor in order to raise capital and buy more time before a looming bankruptcy. There were a number of news outlets reporting but Insider pulled most of their information from the […]
As we daily wander through the endless details of running our businesses, it can become easy to miss the perspective of the wider business and investment community. Insider read an interesting Forbes article that shares a number of significant drivers that are transforming the way we do business and they […]
A late report yesterday shed some detail on what the major lender’s are requesting from iHeart Media in their debt restructuring negotiations. Insider has expected the debt holders would be aggressive and would pursue a significant equity position in both iHeart and Clear Channel Outdoor. Here is what the lender […]
