On this week’s Billboard Insider podcast Lamar CEO Sean Reilly talks about the search for a new OAAA CEO, Lamar’s corporate culture, sustainability, programmatic out of home, Landmark Infrastructure, tariffs and what keeps him awake nights. You head the OAAA committee which is searching for a replacement for Nancy Fletcher. […]
Tag: lamar
Programmatic Campaign to Legalize Lemonade Stands
As we officially enter summertime, kids around the country are putting their best entrepreneurial foot forward to set up their lemonade stands and make a few extra bucks for their piggy banks. But did you know that operating a lemonade stand on city streets is actually only legal in 15 […]
New and Noted June 28, 2019
In addition to controlling Lamar Advertising, Sean and Kevin Reilly have been shareholders in RTC, a Louisiana telcom company. The Greater Baton Rouge Business Report says RTC recently purchased Eatel, another Louisiana telcom provider, with the Reilly’s backing. The Post and Courier has an article on religious billboards. The article […]
Lamar and Rareform Partner to Repurpose Billboard Material
Baton Rouge, LA – June 26, 2019 – Lamar Advertising Company (Nasdaq: LAMR), one of the largest out of home media (OOH) companies in the world, today announced the formation of a partnership with Rareform, a recycling-based lifestyle brand specializing in converting billboard materials into high-quality products. This partnership will […]
Lamar Buys Delaware Outdoor Assets
Insider found this linked in post announcing Lamar Advertising’s purchase of a majority of the assets of Delaware Outdoor Advertising. Max Drachman of Kalil and Co was the broker. This acquisition follows on Lamar’s purchase of Philadelphia out of home advertising company Steen Outdoor in August 2017. [wpforms id=”9787″] Paid […]
Max Drachman says the deal market is “incredibly strong.”
The out of home deal market is “incredibly strong” says out of home investment banker Max Drachman on this week’s Billboard Insider podcast. Max has more than 10 years experience in out of home dealmaking with Kalil & Co. Here are some highlights. Your firm Kalil is also a large […]
Lamar, Starbucks and Longview Texas.
Insider isn’t the only person who thinks that Longview Texas ought to show flexibility to convince Lamar to take down a billboard with a valid permit and lease so a Starbucks store can take its place. Here’s an excerpt from a Longview News Journal editorial: “Simply put, Longview should not […]
Outfront Prices $650 Million in Senior Debt
Outfront announced that two of their wholly-owned subsidiaries priced a private offering of $650,000,000 in aggregate principal amount of 5.000% Senior Notes due 2027. Outfront intends to use the net proceeds from the notes offering, together with cash on hand, to redeem all of its outstanding $550 million 5.250% […]
Autonomous Car Rollout Will Take 25+ Years
Insider agrees with Lamar CEO Sean Reilly’s comments that out of home will sell advertising in an autonomous car world just like it sells advertising today in transit settings today. If you disagree and are worried about the impact on autonomous cars, you can take a deep breath. Autonomous cars […]
Billboard Delays Starbucks Store
Longview News Journal says that Starbucks wants to demolish a building at 707 W Marshall in Longview, Texas and put up a coffee store. The problem is that a three sided Lamar billboard sits on the site and will have to go as well. Lamar has agreed to remove […]