The Wall Street Journal reports that the Internal Revenue Service has shut down an apparent gap in a tax law that otherwise could have allowed companies across industries to continue spinning off their property holdings into tax-advantaged real-estate investment trusts. The December law was written in response to a wave of […]
Tag: lamar
Lamar decides not to move board in Tupelo
WTVA reports that Lamar has decided to withdraw a plan to move a billboard in Tupelo, MISS from a rooftop on North Gloster Street to a location adjacent to the same building. The company had planned to convert one of the sign faces to digital in connection with the relocation. […]
Lamar Adds Three New Jersey Digital Boards
Lamar has announced the addition of three new digital billboards in New Jersey. New Digital Billboard on the New Jersey Turnpike This new digital billboard is located on the New Jersey Turnpike (I-95), just north of Exit 16E. It reaches commuters traveling to Northern New Jersey, as well as people […]
Are Clear Channel’s Orlando Assets Next For Lamar?
What’s next for Clear Channel Outdoor and Lamar? Insider has heard rumors that Lamar may be interested in Clear Channel’s Orlando/Ocala/Melbourne cluster. Makes sense for a couple reasons: Lamar bought Florida’s Beech Outdoor in April 2015 and the Clear Channel Florida assets would complement the Beech assets. Lamar has $890 […]
Waterloo gives Lamar 2nd chance on denied billboard permit
The Courier reports that the Waterloo, Iowa City Council has agreed to give Lamar a second chance to seek approval for a new digital billboard at San Marnon Drive and Sears Street in Waterloo. The City Council voted 4-1 in favor of the board on May 2 but a supermajority […]
Seeking Alpha Analyst Likes Lamar
Seeking Alpha analyst Josh Kaplan likes Lamar stock: “For the income investor looking for an attractive yield coupled with price appreciation, Lamar is worth a serious look.” Insider noticed three things: Lamar has the firepower for a big Clear Channel Outdoor acquisition. Lamar could add $890 million in senior […]
Lamar CEO Interview
The Greater Baton Rouge Business Report has a Q&A posted with Lamar Advertising CEO Sean Reilly. Insider provides a link to the article but here are some excerpts. Sean Reilly is a Harvard and Harvard Law School graduate, his hometown is Baton Rouge and served as a state representative in […]
Lamar Uses Billboards To Assist Los Angeles Councilman
The Los Angeles Times reports Lamar is providing free space on 50 billboards to City Councilman Mitchell Englander to promote his bid for a seat on the LA Board of Supervisors. Englander city’s on the Los Angeles City Council’s Planning and Land Use management committee which is evaluating new digital […]
Lamar Running Brilliant Claritin Digital Billboard Ad
Claritin is running a digital ooh campaign in Lamar markets. When the pollen count is moderate to high this ad is activated. Insider agrees with Lamar’s Director of New Business Development Mario Martinez: brilliant use of digital out-of-home advertising. Paid Advertisement
Art Lives Billboard Campaign
If you were to drive down Sunset Boulevard in the Silver Lake area you would see this billboard, a collaboration between Lamar Advertising, RAREFORM and artist Tyler Ramsey. This is the second installment in Lamar’s Art Lives Billboard Campaign originally announced in October 2015. Insiders Take: Always a positive to show the […]