NEW YORK, April 29, 2019 OUTFRONT Media Inc. (NYSE: OUT) has revealed the results of its experiential campaign for the non-existent Kruter Motors, a brand and campaign conceptualized by OUTFRONT Studios. The campaign was launched on April Fool’s Day, but the results were no joke. After strategically placing invented ads […]
Tag: outfront media
Mystery Billboards in Grand Rapids Revealed
GRAND RAPIDS, Mich, March 20, 2019—A number of OUTFRONT billboards have been baffling West Michigan for two weeks, and the advertiser has finally been revealed. The anxious-looking designs with handwritten words like neglect, abuse, and fear have posted around the Grand Rapids, Michigan region, prompting a variety of responses and […]
Five Things About Outfront
Here are five things Insider learned about Outfront Media after reading Outfront’s 2018 10-k. Big Markets. The 10-k says Outfront targets top market, high profile locations. 49% of Outfront’s revenue comes from its top 5 markets, all of which are major metro areas. Outfront’s top 5 markets account for 44% […]
Jeremy Male says Outfront gets 20% IRR on digital billboards
Outfront continues to see great returns from digital sign installations. Here’s a summary of Jeremy Male’s comments at Wednesday’s Morgan Stanley Technology, Media and Telecom Conference. The strengths of out of home Out of home is a really straightforward medium. What you see is what you get. We have no […]
Reilly on Acquisitions, Programmatic, Outfront and Clear Channel
At yesterday’s Morgan Stanley Technology, Media and Telecom Conference Lamar CEO Sean Reilly referenced two pending purchases: a midwest out of home advertising company and a sizable transaction in Los Angeles which is tied up in litigation. Insider surmises that the LA transaction is Regency Outdoor Advertising. Regency owns billboards […]
Skyline Sells Billboard to Outfront
Skyline Outdoor has sold a billboard in Atlanta’s West Midtown neighborhood to Outfront Media. Williamson and Associates brokered the transaction. Insider talked with Marty Williamson. Marty, tell us about the transaction. The 14 x 48 bulletin is located on Marietta Street in the West Midtown area of downtown Atlanta, which […]
John Weller on the Out of Home Debt Markets
Today marks the debut of the Billboard Insider podcast. Our first guest is John Weller, co-publisher of Billboard Insider and a co-owner of Billboard Loans, LLC, an out of home lending fund. John talks about out of home lending, what he thinks of the leverage of Lamar, Outfront and Clear Channel […]
Leslie Outdoor Sells Digital Signs to Outfront
Outfront Media has acquired select I-20 digital billboards in Atlanta Outdoor from Leslie Outdoor. Outfront enhances digital coverage along a growing section of interstate highway. The sale allows Leslie Outdoor to focus better on its primary market in the middle Georgia area. Williamson and Associates brokered the sale. Leslie Outdoor’s […]
Hazlet considers two digital billboards.
Hazletonian.com reports that Hazlet, New Jersey is considering two additional digital billboards. Outfront has requested a variance wants to install a sign at Hazlet Avenue and Route 35. The company is proposing to take down four 12 by 20 billboard faces in exchange for a two sided 14 by 48 digital […]
Lamar Ratings Unchanged by Moody’s
New York, December 21, 2018 — Moody’s Investors Service (Moody’s) said Lamar Advertising Company’s ratings are unchanged following the acquisition of billboards in five markets located in North Carolina, South Carolina, Georgia and Wisconsin from Fairway Outdoor Advertising for $418.5 million. Pro forma leverage is expected to increase to 4.0x […]