Tag: lamar

The Big 3 Are Investing Again

Lamar, OUTFRONT and Clear Channel have accellerated investment plans after tightening the belt during Covid.  OUTFRONT’s Matt Siegel said this about capital spending on last Friday’s earning call: We added 47 new digital boards this quarter and 77 year to date…You’ll probably see an increased pace of capex in the […]

Jonathan Gudai says with a return of audiences there is a return of dollars.

On today’s Billboard Insider podcast Adomni founder Jonathan Gudai talks about how out of home is recovering and what he thinks of the capital flowing into programmatic out of home. Here are the highlights. How is out of home recovering from covid? We feel like we are back right now.  […]

Lamar Partners with Grocery TV for DOOH

AUSTIN, Texas, July 27, 2021 /PRNewswire/ — Lamar Advertising, one of the largest out-of-home (OOH) advertising companies in the world, and Grocery TV, a digital out-of-home (DOOH) advertising company in grocery retail, have partnered to package their premium inventories, so that advertisers can activate simultaneously in grocery stores and large-format billboards through a singular […]

Trends in Out of Home Collections

A reader writes “we have seen a greater than average amount of advertisers slow paying or not paying their bills. Last month we did not hit our 93% collection budget. We also have more in 60-90+ than we have in a long time. I wonder if other companies are seeing […]

Is Lamar the Amazon of OOH?

By Adam Malone, C0-Founder and President of Screenverse One week ago OneScreen AI announced its $1.2 million seed round to fix a “broken” OOH industry and become, as the Business Insider headline read, the “Amazon of OOH”. The news of Lamar’s $30 million investment in Vistar Media is proof that […]

Clear Channel Outdoor Soars in 2Q 2021

US out of home stocks beat the market during the second quarter of 2021.  Clear Channel Outdoor increased by 40% during the second quarter of 2021 versus a 7% increase for the Standard and Poor 500.  Clear Channel stock is more volatile than the other out of home companies because […]

Ohio Supreme Court Hears Cincy Billboard-Tax Case

The Ohio Supreme Court heard oral arguments June 16 in the constitutional challenge to Cincinnati’s billboard tax. A decision will be issued later. Counsel for plaintiffs Norton Outdoor and Lamar argued that it’s unfair and unconstitutional for a municipality to single out a form of speech for targeted taxation that […]

Lamar Wins Akron Bus Contract

Baton Rouge, LA – June 8, 2021 – Lamar Advertising Company (Nasdaq: LAMR), one of the largest out of home media companies in the world, today announced that it has secured a 5-year transit advertising contract with Akron Metro, the company providing bus services in and around Akron, OH. Lamar […]