“2022 was the most successful year in the company’s history” was how an upbeat Lamar Advertising CEO Sean Reilly lead off the company’s earnings call. Here are the results of the Lamar Advertising 4Q 22 earnings release and earnings call. Net revenue increased 8.3% to $535 during the fourth quarter […]
Tag: Lamar Advertising
Aurora Colorado Considering Monument Digital Billboard
Lamar Advertising is proposing a digital billboard in Aurora Colorado, a city which doesn’t allow new billboards. Lamar real estate manager Steve Cecil and Territory Manager Brent Window made an info-only presentation at February 8, 2023 Aurora City Council planning and economic development committee meeting about leasing city land for […]
Readers Respond to Artificial Intelligence and Out of Home Advertising
Here are some reader comments on Artificial Intelligence, ChatboxGPT and Out of Home. Lucit Chief Technology Officer Eric Kubischta says AI can help with creative I think there are a few things to think about here: This tech is relatively new, and improves daily. In fact, every time you ask […]
Lamar Advertising Appoints Andy Querin as Executive Director of National Sales in Canada
By M4G Bureau – January 06, 2023 Andy Querin will drive growth of Lamar’s Canadian transit network, bringing new consumer engagement opportunities for advertisers Lamar Advertising, one of the largest outdoor advertising companies in the world, has announced the appointment of Andy Querin as Executive Director for National Sales in Canada. Working […]
Three Lessons from Lamar’s History
Billboard Insider just read Signs of Opportunity by Dan Martin, a history of Lamar Advertising from 1902 to 2008. Here are three lessons from Lamar’s history which can help your out of home company . Bad news can be good news. In 1908 Charles Lamar was in a partnership with […]
Lou McDermott on the Lamar/Tyler Outdoor Tulsa Asset Purchase
Kalil & Co. announced today of Lamar Outdoors’ purchase the Tulsa based assets of Tyler Outdoor. Billboard Insider reached out to Lou McDermott of Kalil & Co. for more detail on the acquisition. Lou, so how did this deal come together? Kalil and Tyler have worked closely for several decades. […]
Lamar Advertising Expands in Sacramento with Acquisition of Assets from Marquee Media
Baton Rouge, LA – December 21, 2022 – Lamar Advertising, a leader in outdoor advertising, today announced that the company is extending its billboard footprint into Sacramento with the acquisition of 11 digital displays and 6 static bulletins from Marquee Media. The acquisition significantly expands Lamar’s presence in the region, […]
MediaCo Holding Divests Fairway Outdoor to Lamar For $78 Million
December 12, 2022 New York, NY – MediaCo Holding Inc. (“MediaCo”) (NASDAQ: MDIA) announced today that it has divested the assets of Fairway Outdoor LLC, its out-of-home advertising division located across the eastern United States, to Lamar Advertising Company (“Lamar”) (NASDAQ: LAMR) for $78.6 million. The sale included more than […]
Lamar Announces Cash Dividends on Common Stock
Baton Rouge, LA – December 8, 2022 – 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 $1.20 per share and a special cash dividend of $0.30 per share, […]
Sean Reilly on November 2022 Business Forum
Lamar Advertising CEO Sean Reilly did a 40 minute interview on the November 2022 Business Forum. Billboard Insider enjoyed Reilly’s command of the details and jargon-free talk. Some things Billboard Insider learned: The very first digital billboard We put up the very first digital billboard in 2004. It cost $500,000. […]