Justin Powell of Huntington Outdoor asked the following question after reading our article on Billboard Cashflow: I understand that general depreciation shouldn’t count….but how about digital display replacement costs? Those are real and significant expenses you have every 10 years or so. If you don’t include those what you might actually […]
Tag: Jim Johnsen
Readers Comment on Stephen Adams
We had two Billboard Insider readers reach out to us after our article yesterday on the life and passing of Stephen Adams. From Niki Gleason “Stephen Adams touched so many of us outside the business world. As the wife of Kevin Gleason, President/CEO of Adams Outdoor Advertising, I would like […]
Jim Johnsen says billboard easements trade at a higher multiple than billboards.
A Billboard Insider reader asks: Hi Dave. One quick question. When you get ready to sell your plant is it more of and advantage to sell your land under your structures and get a perpetual easement, before selling. Or keep the land and sell it as a whole. Yesterday valuation […]
Happy Birthday Jim Johnsen!
Out of home industry investment banker Jim Johnsen of Johnsen Fretty had his birthday celebrated (where else) on a billboard. Standing in front of the billboard are some of Jim’s friends (left to right): Greg Ziomek (Ultralum), Jenna Panepinto (OUTFRONT), John Mahoney (OUTFRONT), Angela Rufo (OUTFRONT), John Carroll (Carroll Outdoor). […]
Billboards are not Passive Income! The 2022 Version
Billboards are not passive income. Billboards are not passive income. Billboard Insider reposts this once a year because we get too many phone calls and emails from newbies who think this is so. Google “owning billboards for passive income” and you’ll get rich quick stories written by people who don’t […]
Jim Johnsen: The Pool of Buyers is Better Than I’ve Ever Seen
Today’s podcast guest is Jim Johnsen, a managing director at the out of home investment banking firm Johnsen Fretty talks about out of home valuations and the out of home debt and equity markets. Here are the highlights. A healthy out of home transactions market. The market is healthy with […]
Impact of Rising Interest Rates & Final Thoughts – The M&A Firms Part 3
We wrap up our discussions with our All-Star M&A Brokers with their opinions on rising interest rates and some final thoughts. Included in our group: Lou McDermott – Kalil & Co. Jim Johnsen – Johnsen, Fretty & Co Max Drachman – Drachman M&A Co. Marty Williamson – Williamson Associates Paul […]
Values, New Buyers & Deal Challenges – The M&A Firms Part 2
Today, we continue with three questions to our All-Star M&A Brokers. We address what they are seeing in values ranges, what is up with new buyers coming to the industry and the challenges they see in getting deals to the finish line. Included in our group: Max Drachman – Drachman […]
Why aren’t more cellular antennas on billboards?
Cellular billboard antennas are the-next-big-thing-that’s-going-to-happen-but-never-does. Insider suspects this is because many billboards are in rural areas with little additional demand for cellular/wireless antennas. Insider has received only 1 request from a cellular company seeking wireless antenna space on a Circle City Outdoor billboard. It was looking for a billboard near […]
Where Can I Find Billboards for Sale?
Where can I find billboards for sale? This is the third most viewed Billboard Insider post. The topic remains of interest to judge from the phone calls Insider receives. Here’s a refresh of the ways to find billboards for sale. Do-it-yourself. This means driving around or doing the internet research […]