Last week Landmark Infrastructure, the publicly-traded investor in tower, solar, wind and outdoor leases and easements announced the signing of an agreement purchase 127 assets in 32 states for $60 million. Closing is scheduled for this week. The press release did specify if any of the new assets were outdoor. […]
NEW YORK, — January 11, 2018 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) announced today a campaign for Dogology, Inc., a New York city based virtual dog training startup, that showcases the ability to use augmented reality in out-of-home campaigns, along with out-of-home and mobile advertising creative developed by OUTFRONT’s […]
Philadelphia has a 7% tax on outdoor advertising but still wants to squeeze businesses and out of home companies for more. In 2016 the city decided to try to raise $118 million in additional revenue by reassessing 65,000 commercial and industrial properties, leaving 515,000 residential property parcels untouched. A group of […]
By Ken Klein, Executive Vice President, OAAA As Hollywood enters the award season, billboards are cheering a critically acclaimed film with “billboard” in the movie’s title. The small-town revenge drama “Three Billboards Outside Ebbing, Missouri” won four Golden Globes on January 7 at the award show broadcast on NBC from […]
As we daily wander through the endless details of running our businesses, it can become easy to miss the perspective of the wider business and investment community. Insider read an interesting Forbes article that shares a number of significant drivers that are transforming the way we do business and they […]
Here’s a summary of Outfront Media CFO Donald Shassian’s November 7 presentation at at the 2017 Wells Fargo Securities Media and Telecom Conference. On third quarter revenue growth of 2.5% It was an ok quarter. Local was very strong. Transit was very strong. But national..was not great…It was down 9% […]
Revere, MA is setting up a subcommittee to review the city ordinances for billboards. The Revere Journal reports that with a current moratorium on billboards expiring March 5, 2018, the committee hopes to have reviewed and tightened up the current ordinances by that date.The current ordinance allows billboards by special permit […]
St. Louis Children’s Hospital have a tradition as young cancer patient’s complete a round of Chemotherapy, they ring a bell that can be heard throughout the hospital. Now, with the help of Outfront Media, the bell can also be heard next to Interstate 44 & Big Bend Road with the […]
Insider reported yesterday that Outfront stock had risen on rumors of a tentative contract between Outfront Media and the New York Metropolitan Transportation Authority for advertising and communications franchises for subways, commuter rails and buses. The last detail required was approval from the Board of Directors of the MTA. Outfront announced in a […]
A report on The Motley Fool web site noted a significant Monday increase in the share price and volume of trades for Outfront Media. This chart shows that Outfront stock has surged over the past five days. Volume has been high as well. The movement is reported […]
