Tag: outfront media

OUTFRONT Revenues Grow 1.2% in 4Q 2023

Revenues up slightly, cashflow down slightly was how you could summarize the  OUTFRONT 4Q 2023 press release, 4Q 2023 earnings presentation and conference call. Revenues increased by 1.3% in the fourth quarter of 2023.  Billboard revenue increased 2.6%.  Transit revenue declined 4%.  Local revenue grew 4.5%.  National revenue declined 3.1%.  […]

OUTFRONT WIns Lawsuit Against San Jose, CA

The San Jose Spotlight reported that Outfront Media won a lawsuit against the city of San Jose after contending that San Jose did not follow proper procedure when they bid out the construction of two digital billboards south of Highway 101 on San Jose Mineta International Airport property. That bid wws […]

Out of Home Stocks Exceed Market in 4Q 2023

Public out of home companies beat the market during the fourth quarter of 2023.  OUTFRONT was up 38% on news that transit ridership is creeping up.  Lamar was up 27%.  Clear Channel Outdoor was up 15% with a sharp improvement after the company reaffirmed fourth quarter revenue guidance (November 8) […]

SignValue’s OUTFRONT Media at a Glance – September 2023

SignValue has prepared the following analysis of OUTFRONT Media’s 3rd Quarter 2023 financials.     If you have questions contact Paul Wright, CEO, SignValue, paul@signvalue.com, 480-657-8400.   To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the word “Subscribe” in the title.  Our newsletter […]

OUTFRONT Announces Pricing on $450 Million of Senior Notes

NEW YORK, Nov. 7, 2023 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) today announced that two of its wholly-owned subsidiaries priced a private offering of $450.0 million in aggregate principal amount of 7.375% Senior Secured Notes due 2031 (the “notes”). The notes will be sold at an issue price of 100.0% of […]

OUTFRONT Media Sells its Canadian Business to Bell Media

    NEW YORK and TORONTO, Oct. 23, 2023 /CNW/ — OUTFRONT Media Inc. (NYSE: OUT) and Bell Media announced today that they have entered into an agreement to sell the Canadian business of OUTFRONT Media to Bell Media, a wholly-owned subsidiary of BCE (TSX, NYSE: BCE). The purchase price is C$410 million in cash (Insider […]

SignValue’s OUTFRONT Media at a Glance – June 2023

SignValue has prepared the following analysis of OUTFRONT Media’s 2nd Quarter 2023 financials.   If you have questions contact Paul Wright, CEO, SignValue, paul@signvalue.com, 480-657-8400.   To receive a free morning newsletter with each day’s Billboard insider articles email info@billboardinsider.com with the word “Subscribe” in the title.  Our newsletter is free and […]

EBIDTA and Billboard Cashflow and Why You Need to Know the Difference

You’ve probably heard out of home investors, brokers and lenders talk about EBITDA and Billboard cashflow.  It’s important to know the difference. Out of home EBITDA Out of home cashflow or EBITDA is earnings before interest, depreciation, amortization and income taxes.   It’s how much cash your company generates each year […]

New Research Reaffirms Billboards as Highly Effective Venue in Programmatic DOOH Advertising

New York, NY – May 10, 2023 – Vistar Media, a cutting-edge global provider of programmatic technology for digital out-of-home (DOOH), announced today new data showing billboard advertising delivered full funnel lifts and results against key industry performance metrics. Vistar conducted an analysis of campaigns that utilized billboards* to determine […]

Bonanni to Lead OUTFRONT’s Southern Region

NEW YORK, NY, May 1, 2023 – OUTFRONT Media announces the promotion of Mark Bonanni to Senior Vice President of the South Region. Mark’s remit will include oversight for the region’s 14 market, business operation, sales, and government affairs. Mark has been with OUTFRONT since 2015, when he joined as […]