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 […]
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, […]
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 […]
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 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 […]
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 […]
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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 […]
“Our recovery is now complete,” was how a bullish Sean Reilly lead off Lamar’s third quarter 2021 conference call. Here are the highlights from Lamar’s 3Q 21 earnings release and conference call. Revenues increased 24% to $476 million. Local revenue grew 18%. National and programmatic revenue grew 40%. Adjusted EBITDA […]
Baton Rouge, LA – October 25, 2021 – Lamar Advertising, one of the largest outdoor advertising companies in the world, is commemorating a major milestone in Out of Home advertising – the 20th anniversary of the industry’s first large format digital billboard. The brainchild of former Lamar Vice […]
