Lamar has outperformed the S&P 500, the S&P Media Index and the REIT Index over the past four years. Outfront and Clear Channel Outdoor have underperformed over the same time frame. Lamar is blue, Outfront is purple and Clear Channel Outdoor is yellow in the chart below. Source of Chart: […]
Outfront reported flat fourth quarter 2017 organic revenues but increased cashflow due to controlled expenses. Here are the highlights from the 4Q 2017 press release and the Seeking Alpha earnings transcript. Revenues increased 1% to $401 million during the fourth quarter of 2017. Organic revenue, adjusting for acquisitions and currency […]
NEW YORK, Feb. 5, 2018 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) announced today that the company has launched out-of-home (“OOH”) campaigns with 100 venture-backed brands in 2017, a 30 percent increase from 2016. Some notable collaborations include TodayTix, WeWork, Oscar, MakeSpace, Casper, Rent The Runway, Bumble, and more. “Out-of-home advertising continues to be […]
Jodi Senese is Chief Marketing Officer at OUTFRONT Media. She began her career with the New York Subways Advertising and joined OUTFRONT (then CBS Outdoor) in 1990. Jodi oversees all aspects of marketing including research, advertising and creative services and is integral in developing new business strategies for OUTFRONT Media. […]
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% […]
