Yesterday we discussed recessions and out of home. Here’s what Lamar CEO Sean Reilly said at the May 2022 JP Morgan conference when an investor asked about how recessions impact Lamar: “I’ve managed through a lot of recessions…In a garden variety recession we are not as cyclical as people think. […]
The Texas Court of Appeals, for the 14th District in Houston, issued its opinion on May 12, 2022 in Lamar vs Texas Department of Transportation, holding that TxDOT has sovereign immunity against Lamar’s claims that it’s “officials interpreted the rules incorrectly when more than four years after Lamar last paid […]
CARL, GA (June 16, 2022) — goodr, the brand known for its budget-friendly active sunglasses and irreverent approach to marketing, is thrilled to announce its first large-scale awareness campaign in collaboration with Lamar Advertising, which will take an approach unique to the absurdity that is goodr. goodr is an active […]
Baton Rouge, LA – June 2, 2022 – In celebration of Pride Month, and as part of the company’s ongoing support for the LGBTQ+ community, Lamar Advertising is once again sharing a message of acceptance, equality, and tolerance on its national network of digital billboards. Throughout June, Lamar will display […]
At this week’s JP Morgan Global Tech and Media conference Sean Reilly gave a short course on how Lamar approaches M&A. M&A We do an awful lot of M&A. Last year we did a little over $310 million in billboard transactions. The average transaction size was $6 million. So it’s […]
Hagerstown, MD – Great Outdoors Advertising announced today the divestiture of its digital and static assets to national operator Lamar Advertising Company (NASDAQ: LAMR). Great Outdoors Advertising is the leading static and digital bulletin operator with a portfolio of high-end locations in the Hagerstown market. Drachman M&A Co. represented Great […]
SignValue has prepared infographics summarizing the performance of Lamar, OUTFRONT and Clear Channel Outdoor during the first quarter of 2022. [wpforms id=”9787″] Paid Advertisement
BATON ROUGE, La., May 19, 2022 (GLOBE NEWSWIRE) — Lamar Advertising Company (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 payable on June 30, 2022 to stockholders of record […]
On last week’s Lamar Advertising earnings call an analyst asked Sean Reilly why out of home is doing so well and he said this. There is share shift going on…You’ve heard me over the years talk about what’s going on with local media as they struggle with their audience. You […]
Stark Capital Solutions acted as the exclusive advisor to Lamar Advertising Company in Lamar’s acquisition of Burkhart Advertising in South Bend, Indiana, which was announced yesterday. Burkhart, the 8th largest out-of-home company in the United States, was formed in 1964 by Charles Burkhart. The company was owned and run by […]
