Tag: Jeremy Male

Andrea Messimer, Media Legend, Passes Away Unexpectedly

Friends and family bid a sad farewell to a cherished mother, sister, daughter, friend, author, entrepreneur, and legend as Andrea Messimer passed away unexpectedly at her home in Lakewood Ranch, Florida. Long known for her outstanding work in the out-of-home (OOH) and digital advertising verticals, Andrea’s loss is reverberating coast-to-coast […]

Jeremy Male: Advertising Demand Continues to be Robust

“Advertising demand continues to be robust” was how OUTFRONT CEO Jeremy Male introduced OUTFRONT Media’s 3rd quarter 22 financials.  Some other highlights from the earnings call. Male expects mid to high single digit growth in the fourth quarter. While there continues to be significant volatility in the financial markets and […]

Jeremy Male: Just About Every Vertical is Up

OUTFRONT Media is seeing no sign of a recession-based drop in out of home demand and almost all verticals are up. Here’s a summary of OUTFRONT Media CEO Jeremy Male’s comments at last weeks Goldman Sachs Communicopia conference. Any signs of a recession? I sat with our national sales team […]

OUTFRONT Revenue Up 32% in Q2 2022 Driven by Billboard Pricing

Here are the results of the OUTFRONT 2Q 2022 earnings release, investor deck and conference call. Revenues increased 32% to $450 million for the quarter.  US billboard yields grew 23% to $2,700 during the quarter due to rate increases. Cashflow (adjusted OIBDA) increased by 70% to $125 million. Capital expenditures […]

Key Moments from WOO’s 2022 Global out of home conference.

June 7th, 2022.  Striking the right balance between Classic (traditional) Out of Home and all-conquering digital is one of the keys to sector growth for the medium, World Out of Home Organization President Tom Goddard told delegates at WOO’s Global Congress in Toronto. OOH has recovered strongly from the pandemic […]

Inflation and Out of Home Inputs

Inflation has increased from 1.5-2% annually to 7-8% annually.  Take a look at this chart. Source: US Inflation Calculator When you drill down into the numbers you can see that inflation picked up in the last half of 2021 when the last round of covid stimulus vastly expanded the money […]

Jeremy Male Says OUTFRONT is Pushing Rate

Here’s a selection of OUTFRONT CEO Jeremy Male’s comments at the JP Morgan Global Technology, Media and Communications Conference this week. Programmatic is sold at a premium If you look at our programmatic business…you’ll see we’re getting a buck extra cpm on programmatic… OUTFRONT is pushing rate We still have […]

Day 2 of the 2022 OOH Media Conference in 5 Quotes

Here are six quotes which summarize the second day of the 2022 OOH Media Conference OAAA CEO Anna Bager says out of home works! “At a time when digital companies boast of click through rates in single digits, a whopping 50% of people exposed to out of home campaigns have […]

OUTFRONT Acquires Pacific Outdoor Assets in Portland, OR and Southwest WA

  On last week’s earnings call OUTFRONT CFO Matt Siegel said the M&A pipeline was robust.  Yesterday’s OUTFRONT announced the acquisition of Pacific Outdoor’s Portland out of home plant.   Solomon Partners served as exclusive financial advisor to Pacific Outdoor.  Here’s the OUTFRONT press release. NEW YORK, May 12, 2022 /PRNewswire/ — OUTFRONT […]

Jeremy Male: Demand for our billboards has never been hotter.

Some of the highlights from Jeremy Male’s bullish comments on this week’s OUTFRONT earnings call. Strong demand for OUTFRONT inventory Demand for our billboards has never been hotter. And given the flexibility of digital, we continue to book late incremental business. This is reflected in our increase in billboard yields, […]