Last week Burkett Media sold four digital faces in San Antonio to OUTFRONT. Max Drachman at Kalil and Co was the broker. Insider talked with Beau Burkett about the transaction. What did you sell? Two signs (four digital units total) all 14x48s. I spent over a year working to craft […]
OUTFRONT Media announced yesterday that two of its wholly-owned subsidiaries priced a private offering of $500.0 million in aggregate principal amount of 4.250% Senior Notes due 2029 (the “notes”). The notes are to be sold at an issue price of 100.0% of the principal amount. The offering is expected to […]
Did you know that independent out of home companies have the largest share of the US out of home market. Look at this slide from OUTFRONT Media’s December 2020 Investor Presentation. Independent operators make up 34% of 2019 US out of home revenues followed by Lamar (23%), OUTFRONT (21%), Clear […]
Don Avjean was nice enough to check in with Insider the other day. Don, recently the VP of Government Affairs for OUTFRONT Media, is living in Florida and enjoying retirement and the opportunity to work on his golf game. While he is greatly enjoying retirement, he did say that he […]
NEW YORK, Nov. 4, 2020 /PRNewswire/ — OUTFRONT Media Inc. (NYSE:OUT) is proud to announce Daniel Moran, Dinesh Boaz, Valentina Elegante and Danny Potts with Future First Studio, as the winners of the 2020 OUTFRAME competition. OUTFRAME was created to celebrate the artists of adland and showcase their non-commercial art while building excitement for designing for out of […]
NEW YORK, Sept. 17, 2020 /PRNewswire/ — OUTFRONT Media Inc. (OUT) announced today that it has completed the sale of its Sports Marketing operating segment to Playfly Sports (Playfly,LLC). The Sports Marketing operating segment is the marketing and multimedia rights holder for a variety of colleges, universities and other educational […]
By Courtney Richards, OUTFRONT Media As graduation ceremonies across the country have been cancelled or postponed, we couldn’t let some of our graduates not feel the love. OUTFRONT showcased our NY area grads on a Times Square billboard to show our pride and support for the 2020 graduating class! Hats […]
OUTFRONT had another good quarter. Here are the results from the Outfront 4Q 2019 earnings release , OUTFRONT 4Q 2019 investor presentation and conference call. Revenue increased 7.9% to $488 million with all sectors (national, local, transit and billboard) up. US billboard revenue was up 7.2%. US transit revenue was […]
Metro will dramatically expand its digital advertising network under a new contract that will provide an infusion of revenue to support rail and bus services for Metro riders. The ten-year contract for Metro’s advertising concession, awarded to OUTFRONT Media, Inc., is valued at more than $336 million over the next […]
“We’ve done very well in an industry that has a tailwind behind it” was how Jeremy Male prefaced his comments at the Citibank Global TMT West Conference yesterday. Some other comments. On Digital Signs We’re converting pretty much every opportunity we can develop. We’re looking to get a minimal IRR […]
