Face of Giving campaign allows you to turn your Selfie into a Helpie. Participants submit a selfie for a small donation. Each selfie will then appear on digital billboards in countries around the globe. Participants literally become the “face of giving” as their donation helps meet a need. Technology Nonprofit […]
Tag: lamar
Lamar 3.6% organic revenue growth in 3Q 2016.
Lamar released financials for the third quarter 2016. Here are the highlights. Revenue increased 10.5% to $388 million during the third quarter due to additional revenue from the Clear Channel Outdoor acquisitions. Revenue increased 3.6% when adjusted for acquisitions due to healthy increase in digital sign revenue (up 6.6%) and […]
Southborough Slowing Permits
Lamar Central Outdoor LLC is frustrated with Southborough MA officials for slowing down the approval process to get a variance to build a digital billboard. Lamar is appealing a written decision by the Southborough Building Commissioner who is requiring the Company get a report from the Planning Board before even submitting its […]
Lamar Mt Washington Sign Dispute Continues
Pittsburgh Post Gazette reports that Lamar was found not guilty of maintenance violations relating to the 32 by 225 foot long Mt Washington billboard which Lamar installed in May of this year. The City of Pittsburgh is attempting to make Lamar take the sign down by saying that the sign […]
Love Milwaukee
A message of community support is soaring high above the streets of Milwaukee. It has some people wondering who is behind the “Love Milwaukee” message that is popping up on electronic billboards all over the area. It’s the work of the company who own the billboards, Lamar Advertising. A spokesperson […]
Lamar Revenue up 13% 2Q 2016 on Clear Channel Outdoor Acquisitions
Lamar’s announced second quarter 2016 financials which slightly beat expectations. You can read the company’s press release here and the Seeking Alpha earnings call transcript here. Net revenue increased by 13% to $387 million in second quarter due to the Clear Channel Outdoor asset acquisitions. Acquisition-adjusted net revenue increased by […]
Dividend Fund Likes Lamar
David Abella’s Dividend and Income Fund told Barrons last week that Lamar is one of his five top picks. Here’s what he hold Barrons: “The digital era has made it difficult in some cases to get consumer eyeballs and on the road is a very captive audience.” The stock is […]
Billboards Having Success as REIT’s
ThinkAdvisor notes the success of Specialty REITs, which own properties as diverse as farmland, document storage and outdoor ad space. Trepp Inc., an information provider for real estate and banking, notes that REITs in this category have posted a 31.44% total return year to date, and a 5.45% dividend yield, the […]
Why Tech Companies Are Using OOH
Allie McAlpin Communications Director at Lamar has a great post at Blue Bite titled Why Tech Companies Are Using OOH. She talks about recent tech company outdoor campaigns (e.g. Snapchat’s user generated content and Apple’s “shot on iphone 6” ads). McAlpin mentions that a recent Ad Research Foundation study found that […]
Lamar Loses Los Angeles Appeal
The Los Angeles Business Journal reported Friday the the California State Supreme Court chose not to review an appellate court ruling on The City of Los Angeles’ sign ordinance. Insider reported in March 2016 about the 2002 Los Angeles sign ordinance prohibiting new billboards from being approved outside of designated sign districts […]