Tag: Lamar Advertising

Dave Odegard Celebrates 60 Years in Out of Home

Dave Odegard has over 60 years experience in the OOH industry.  He started at Naegele Outdoor after graduating from the University of Minnesota, rising to the post of National Sales Manager.  In 1974 he moved to New York and held executive positions at the Institute of Outdoor Advertising, promoting out-of-home […]

Cincinnati Asks Supreme Court to Review Cincy Tax Case

Cincinnati has petitioned the US Supreme Court to  review the issue of whether a municipal excise tax on billboards abridges freedom of speech.  The Ohio State Supreme Court ruled that a billboard tax infringed on the first amendment rights of a small group of speakers.  A Maryland Supreme Court ruled […]

Lamar Advertising Declares $1.00 Dividend and Special Dividend of $0.50

BATON ROUGE, La., Dec. 09, 2021 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly cash dividend of $1.00 per share and a special cash dividend of $0.50 per […]

A Major Change To Lease Accounting – What are My Options?

If you were to look at the Lamar Advertising 2020 Annual Report, the balance sheet lists a long term asset titled “Operating lease right of use assets” in the amount of $1.22 Billion.  On the other side of the balance sheet there is a related liability, in the same amount, […]

Lamar Advertising Acquires Colossal Media

Baton Rouge, LA – December 7, 2021 – Lamar Advertising Company (Nasdaq: LAMR), an owner and operator of outdoor advertising and logo sign displays, announced today that it has acquired Colossal Media, the leading operator of hand-painted walls and murals. Colossal currently operates 81 large-format, hand-painted wall displays in New […]

Lamar Installs Overhead Digitals at Indy Airport

Baton Rouge, LA – December 2, 2021 – Lamar Advertising Company (Nasdaq: LAMR), one of the largest outdoor advertising companies in the world, today launched a new Overhead Digital Network at Indianapolis International Airport (IND) as part of its planned, high-impact upgrade of digital displays. Lamar was awarded the advertising […]

Lamar’s Tommy Teepell on Selling Out of Home

Lamar has started an out of home podcast called Digital and Dirt.  Some highlights from Ian Dallimore’s interview with Lamar CMO Tommy Teepell On an early OAAA presentation contrasting out of home with radio and newspapers and TV. I come out there and I am getting blown away by stuff […]

Billboards and Property Values – The Rest of the Story

The Scenic America website has a link to  a 2011 study by a University of Pennsylvania researcher Jonathan Snyder which found that in Philadelphia, billboards had an adverse impact on the value of homes nearby.  Billboard Insider has seen references to this study by city planners who are anti-billboard. Correlation […]

Lamar Honors its Military Vet Employees

Baton Rouge, LA – November 8, 2021 – In honor of Veterans Day, Lamar Advertising, one of the largest outdoor advertising companies in the world, is recognizing the 132 military veterans employed by the company with a week-long national digital billboard campaign, launching November 8th. Lamar will display the names […]