The Post Gazette has written an editorial urging the city to respect Lamar’s property rights and end the fight over the Mount Washington sign: “Property rights are a fundamental right. The government cannot impose arbitrary restriction on the use of one’s property if that use is legal – and indeed […]
A city can’t use the building permit process to force a billboard down without paying just compensation. That’s the lesson of Lamar v Clinton Township. Here are the facts. Lamar Advertising owned a non-conforming billboard in Clinton Township, Michigan on land leased from Paul Turkal. The billboard lease had a […]
Lamar CEO Sean Reilly was upbeat about the out of home industry at last week’s Goldman Sachs Communicopia Conference. On industry prospects First of all you’ve got an industry that’s in the best place I’ve seen it and I’ve been doing this a long time. The other two big companies […]
Meadow Outdoor has constructed Ontario, Oregon’s first digital billboard. The sign is on East Idaho Avenue. One side is digital and the other is static. The project took a year to permit and plan. Insider’s take: A one side static, one side digital billboard isn’t a bad thing. In 2017 […]
OAAA regularly features Thought Leadership Q&A from its committee members. This month, OAAA spotlights the Innovations Committee, asking members: “What are some ways you’ve successfully helped traditional OOH sales teams embrace a more data and technology-driven approach to selling OOH advertising?” Kevin Bartanian, Kevani The promise and delivery of a […]
Clear Channel stock has risen 16% to $2.60 in two days on news that managers and directors are buying shares. Americas CEO Scott Wells, CFO Brian Coleman and Board Member Ben Moreland bought shares two days ago. CFO Brian Coleman and Board Member Andrew Hobson bought shares yesterday. The purchases […]
Lamar had a nice quarter although revenue growth lagged Outfront and Clear Channel. Here are the results of the second quarter 2019 earnings release and conference call. Net revenue increased 6.9% to $449 million during the second quarter of 2019. Acquisition adjusted net revenue increased 2.4%. Local revenue was up […]
3M is recalling some fall protection products: Twin-Leg Nano-Lok edge and Twin-Leg Nano-Lok Wrap Back Self-Retracting Lifelines. This is a proactive recall. There have been no actual safety incidents or injuries. Here’s the press release. The Advocate reports that Lamar has been funding a five year internship program for Lousiana […]
Baton Rouge, LA – July 23, 2019 – Lamar Advertising Company (Nasdaq: LAMR), one of the largest out of home media (OOH) companies in the world, today announced that the company has been selected by the Birmingham Jefferson County Transit Authority (MAX) to manage advertising across its fleet of 69 buses, covering an area […]
In June 2018 the city of Cincinnati passed a 7% tax on billboard revenues. Lamar and Norton Outdoor got the tax blocked in court. The case is on appeal. On Wednesday’s Billboard Insider podcast Insider asked Mike Norton what he learned from that experience: I would like to think that […]
