Insider has heard from a couple sources that Fairway is now or may soon be for sale. The price tag is $650 million. It may very well be a financial buyer. Possible OOH suitors all might have barriers to purchase. Lamar has the debt capacity and a stock issuance […]
Last week Insider talked about non-profits as a revenue source. Wisconsin non-profit “Be Amazing” has purchased 5 Lamar billboards in Wausau, Wisconsin to spread the word about the group. Out of home executive Arthur Donaldson, Sr. died earlier this month. Donaldson entered the out of home business in 1956. He founded […]
Summer air travel will hit a new record, buoyed by economic growth and airline competition. US airlines are adding 116,000 seats per day to meet summer demand, says industry trade group Airlines for America. Here are highlights of air-travel projections released May 23: Air travel will increase 3.7 percent between […]
Insider just finished reading the 2017 10-k’s for the public out of home companies. This is not an exercise for short attention spans. The Lamar 10k is 116 pages, Outfront is 123 pages, Clear Channel Outdoor is 117 pages. JCDecaux doesn’t file a 10k but the 2017 business report is […]
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 […]
March 13, 2018 JCDecaux, the number one outdoor advertising company worldwide, and international conservation organization WildAid are joining their efforts to save the world’s most iconic wild animals. The newly announced “Partnership for the Wild” aims to end the illegal wildlife trade by raising awareness and by reducing […]
With permission from Extension Media. By Mark Boidman, Susan Wang, and Brandon Yoshimura, PJ SOLOMON The Out of Home media and advertising (“OOH”) industry is undergoing a digital and data-driven transformation. OOH reaches consumers who are “on the go” or in transit and encompasses a variety of formats including billboards, posters, […]
Three regulatory issues to review this week. CBS Pittsburgh reports Lamar and the Pittsburg Mayor have failed to reach a compromise on the Mount Washington sign and both sides have presented their arguments in court. Lamar contents that the sign is in accordance with city law. The city contends the billboard […]
Jordan Seiler is an New York artist who breaks into bus shelters to replace the ads with art. Visit his Public Access page (picture at right) and he’ll sell you a tool to break into bus shelters. Seiler was interviewed on May 9, 2017 on the Two Beers In Podcast. Here are […]
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 […]
