Lamar filed a proxy statement with details on the board of directors and executive salaries. Insider’s observations: Lamar’s independent board nominees include 3 family members and 4 outside execs with experience in fields critical to the company. Insiders – Kevin Reilly, Anna Reilly, Wendell Reilly. Media – Steven Mumblow, Owner of […]
Thirteen Luzerne County, PA owned parcels have been picked as possible sites for new billboards to generate revenue, according to a listing up for discussion at an upcoming county council real estate committee meeting. The Times Leader is reporting that the idea originally came from the county’s financial consultant who […]
Billboard Insider is running a monthly series called View From The Top where we interview senior executives about issues facing their companies and the out of home advertising industry. Today we interview Lamar’s Chief Marketing Officer Tommy Teepell. Teepell graduated from Louisiana State University with a BS degree in accounting, […]
Kenny Robison has a Seeking Alpha post which says Lamar is undervalued by 30%. We’ll review Robinson’s financial analysis next week. This sentence in Robinson’s article caught Insider’s eye: “The company (without distracting from the client’s advertisement) strategically places its logo center stage at the base of each and every […]
Insider has followed Epic Outdoors’ lawsuits and negotiations over sign regulation in Rapid City South Dakota. Those disputes have been ongoing since 2005 but started in earnest in 2012 when Epic Outdoor filed suit against the City based on a revised sign ordinance which was adopted in 2011. Epic thought the […]
Courtesy of the OAAA With political ad spend in this year’s midterm elections projected to reach historic highs, there’s more potential for OOH than ever before. Borrell Associates projects political ad spend to reach $8.5 in 2018. This expanded OOH opportunity is driven by these main factors: The vast majority […]
Some people tell Insider that Clear Channel Outdoor will be put up for sale and JCDecaux will have the inside track. Insider doubts Clear Channel Outdoor will go to a single buyer. It’s too big. Look at the analysis below. Insider assumes a sale of Clear Channel Outdoor Americas (North and […]
Clear Channel Outdoor stock was up 3% for the first quarter while the S&P 500 was down 2%. The market seems to be viewing the iHeart bankruptcy as a good thing because it means Clear Channel Outdoor may find independence and owners who will stop mortgaging the future to pay […]
Baton Rouge, LA – March 26, 2018 – Lamar Advertising Company (Nasdaq: LAMR), one of the largest out of home media companies in the world, today announced that it was recently awarded the ten-year advertising concession for Southern California’s prestigious John Wayne Airport (SNA). Under the contract, Lamar will launch […]
Lamar sued Columbus Grove, OH after the Village Council voted against allowing it to put two billboards in the village. The company wanted to put billboards on State Route 65. It obtained leases from the landlord CSX Transportiation and state permits. The Planning commissioner approved the applications but the council […]
