Tag: Clear Channel Outdoor

Company of the Day: Pacific Outdoor

Company:  Pacific Outdoor Advertising Markets: Oregon Headquarters: 715 NE Everett St, Portland, OR  97232 Phone: 503-232-3111 Email: info@pacificoutdooradvertising.com Pacific Outdoor advertising operates a billboard plant in Oregon.  The company was formed in 2015 via the purchase of a billboard plant from Clear Channel Outdoor.  Pacific has over 1000 displays in […]

OOH Buyers and Sellers Outline Vision for the Future

Date: September 18, 2017 A new industry task force held its inaugural meeting last week as both buyers and sellers met to discuss meaningful ways to improve the overall OOH business. The new-standing committee is a cooperative venture between OAAA and 4A’s, the trade group representing advertising agencies. The purpose of […]

Paul Corvino Named Regional President for Clear Channel Outdoor’s Midwest Region

  New York, New York – Clear Channel Outdoor (CCO)  (NYSE: CCO), a subsidiary of iHeartMedia Inc., today announced that Paul Corvino has joined the company as Regional President for the Midwest. Corvino will provide leadership in all areas of branch operations including sales, marketing, real estate, public affairs, operations […]

OOH Events at 2017 Advertising Week

Stephen Freitas OAAA Chief Marketing Officer This year’s Advertising Week is jam packed with informative and fun events. Beginning Monday, September 25 and finishing on the following Friday, the activities include breakfasts and receptions, workshops and panels, boot camps, an array of networking opportunities. The OOH industry is well represented throughout […]

McCaffrey Leaves Clear Channel Outdoor

DETROIT (September 5, 2017) — Gas Station TV (GSTV), one of the largest media networks in the United States, today announced Sean McCaffrey as its new President and Chief Executive Officer effective immediately.  McCaffrey succeeds David Leider, GSTV’s co-founder and CEO of nearly 12 years, who grew the company to a national presence […]

Going all Out for the Arts

Jason D. King, VP, Corporate Communications, Clear Channel Outdoor Americas   For the second year in a row, Clear Channel Outdoor Americas proudly partnered with the New York Musical Festival to help give a space, voice and visibility to new works of art from a diverse range of writers and performers. And since it’s inception, […]

Clear Channel Outdoor organic revenue up, cashflow down in 2Q 2017

Clear Channel Outdoor released second quarter 2017 financials yesterday.  Here are the highlights: Consolidated revenue declined 5.1% to $672 million during the second quarter due to assets sales.  Consolidated organic revenues grew 2.3% for $687 million for the second quarter of 2017 after adjusting for foreign exchange and asset sales. […]

Outfront organic revenue up 3%, cashflow down 1% in 2Q 2017

Outfront Media released 2Q 2017 earnings.  Here are the highlights from the earnings presentation, earnings release and conference call. Organic revenues adjusted for acquisitions increased by 3% to $396 million in the second quarter due to increased transit revenues.  Transit revenues were up 9%.  The company’s billboard revenues increased by […]

Clear Channel Renews Des Moines Airport

Des Moines, IA  – –Clear Channel Airports (CCA), a brand division of Clear Channel Outdoor Americas (CCOA) (NYSE: CCO), and a subsidiary of iHeartMedia Inc., today announced it has signed a new five-year partnership with annual one-year options with the Des Moines International Airport (DSM) to provide state of the […]

iHeart Lenders Make Counter Proposal On Debt

Radio Ink reports on Tuesday that a counteroffer to iHeartCommunications Debt restructure proposal was made by Arnold & Porter Kaye Scholer (APKS), an advisor to Symphony Asset Management, which holds about $280 million in iHeart term loans. The counterproposal made to iHeartMedia is for $500 million in newly issued debt […]