It’s common for a buyer of outdoor advertising assets to ask a seller not to compete in the outdoor advertising business within a geographic area related to those assets. Usually a portion of the purchase price is allocated to the non-compete. Corey v Clear Channel Outdoor shows how expensive if is […]
December 14, 2016 New York, NY and Los Angeles, CA – Clear Channel Outdoor Americas (CCOA) (NYSE: CCO), a subsidiary of iHeartMedia, Inc., announced today with Rubicon Project (NYSE: RUBI), operator of one of the largest advertising marketplaces in the world, the development of the first automated programmatic Out-of-Home (OOH) […]
Clear Channel UK has announced the extension of their media sales partnership with leading screen solutions provider Amscreen. The deal sees them continuing to sell advertising opportunities on the national screen network for a further 3 years. The deal provides Clear Channel UK with exclusive rights to selling advertising opportunities […]
New York, New York — Clear Channel Outdoor Americas (CCOA), a division of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), today announced that Lynn Feldman has been named Executive Vice President and General Counsel for its business in the U.S. and Canada. Jointly reporting to CCOA Chief Executive Officer Scott […]
An update on iHeart Media/Clear Channel Outdoor debt issues. The Wall Street Journal is reporting that iHeart has a May trial date set to block a group of lenders from declaring a default on more than $3 billion in loans. In the meantime, both sides have agreed to abide by […]
An arrangement between a neighborhood association and a motel owner ran into some trouble in the San Diego area. The San Diego Reader reports that Clear Channel has objected to a notice received from the owner of the Dolphin Motel to remove their billboard. The owners of the motel had […]
Businesswire has announced that the Metropolitan Washington Airports Authority has awarded Clear Channel Outdoor a contract to provide advertising at DC’s Washington Dulles and Reagan National airports. Here are the highlights: An 8 term contract term with one 2 year option to extend. 4 digital sign networks, 75 HD screens […]
Insider has heard from multiple sources that Fairway Outdoor is trading Atlanta outdoor assets and some cash to Clear Channel Outdoor for Clear Channel’s Indianapolis plant. The Clear Channel Office in Indianapolis still answers the phone as Clear Channel Outdoor.
Zacks reports that Clear Channel Outdoor has sold its Columbus analog and digital billboards to Lamar. the transaction follows a January 2016 $458 million sale of 5,500 bulletins and 132 digital displays to Lamar. No price was disclosed. Insider expect to see more asset sales from Clear Channel Outdoor. Clear […]
Fortune’s Jennifer Chiang has written an article titled “Why Clear Channel’s Billboard Campaign is Not That Creepy” in response to several recent articles critical the anti-privacy possibilities of Clear Channel Outdoor’s Radar project. The Radar project overlays mobile and location data from ATT, SM, Placed and PlaceIQ against Clear Channel […]
