The US out of home stocks suffered in the second quarter of 2022 as investors sold on fears that a recession will hurt ad based companies for than the market. The S&P 500 index declined 16% on recession fears. Lamar stock dropped 25% in the second quarter. Outfront declined by […]
Indianapolis, IN – Stark Capital Solutions, Inc., an OOH focused investment-bank and capital provider, announces the following two acquisitions to Lamar Advertising: Ralston Outdoor Advertising has completed a divestiture of digital and static billboard displays in Shreveport, LA. Earlier this year, Stark Capital provided the funding for Ralston to acquire […]
Inflation has increased from 1.5-2% annually to 7-8% annually. Take a look at this chart. Source: US Inflation Calculator When you drill down into the numbers you can see that inflation picked up in the last half of 2021 when the last round of covid stimulus vastly expanded the money […]
Sean Reilly appeared yesterday at the JP Morgan Global Technology, Media and Communications Conference after missing the GO 2022 Out of home media conference with covid. Here are some of his comments. Lamar is setting records We’re on fire. Industry’s on fire. Lamar is continuing to set records every day. […]
Here is day 1 of the Geopath/OAAA 2022 OOH Media Conference in six quotes. Dylan Mabin is Geopath’s new President: “I’ve worked at Geopath for more than 13 years…I’ve grown up at Geopath. It’s an honor to be named President.” Ian Dallimore on the metaverse: “My son is driving around […]
The chart below shows the quarterly revenue change for each of the public US Out of Home companies for 2020-2022 Lamar and Link Media had the smallest covid dip and the fastest covid recovery as their plant have a high concentration of rural roadside billboards. OUTFRONT and Clear Channel […]
“The year is off to an excellent start,” was how Lamar CEO Sean Reilly introduced the company’s 1Q 2022 earnings. Here are the results of Lamar’s first quarter 2022 earnings release and conference call. Revenues increased 22% to $451 million. Billboard revenues are up 17%. Digital revenues are up 20%. […]
BATON ROUGE, La., May 04, 2022 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR), an owner and operator of outdoor advertising and logo sign displays, announced today that it has acquired Burkhart Advertising Inc. in Indiana. The purchase, which closed today, includes more than 1,500 billboard structures and 3,200 billboard […]
Las Vegas, NV. May 4, 2022. Just in time for Mother’s Day, Social Media stars Dixie and Charli D’Amelio announce their partnership with ShoutableTM, a new and unique way of creating and sharing messages with friends, family and loved ones. Using Shoutable’s new technology, anyone can create and post a […]
Billboard Insider has compiled a list of the board members for Lamar Clear Channel and OUTFRONT. Nice work if you can get it. Out of home board members get paid a median salary of $205,000. Clear Channel pays a median $245,000. OUTFRONT pays a median of $205,000. Lamar pays directors […]
