Tag: outfront

Conlin On Solar Powered Billboards

Kevin Conlin’s firm Autonomous Power Solutions designs and sells solar powered billboard systems.  Insider asked Conlin for an update on trends in solar powered billboards. What’s new over the past year? 2020 was terrible. It seemed the second half of last year everyone’s budgets contracted, and our solar  business virtually […]

OUTFRONT Media Recognizes Mental Health Awareness Month

In recognition of Mental Health Awareness Month, OUTFRONT Media hosted Jay Shetty as part of an A-List speaker series. Jay is a renowned, award-winning storyteller, author, purpose coach, and former monk who has a lot of wisdom and positivity to share with the world. The informal format allowed Jay to […]

OUTFRONT Partners with Color Of Change

NEW YORK, May 17, 2021 /PRNewswire/ — OUTFRONT Media Inc. (NYSE:OUT) is proud to announce a partnership with Color Of Change, the nation’s largest online racial justice organization, to bring awareness of their mission to fight injustice towards people of color. The nonprofit organization, founded following Hurricane Katrina, is celebrating its […]

US out of home revenue to jump in second quarter

How is the US out of home industry recovering from covid?  Billboard Insider compiled this chart comparing the change in public company US out of home revenues over the past year against the change in US out of home industry revenues compiled by the OAAA.  We added a column for […]

ARTIFEX to Takeover Times Square Billboards May 6

New York, May 5, 2021 – Artifex (www.artifex.art), a new digital art project celebrating pioneering creatives, today announced its “NYC NFT Takeover” scheduled for Thursday, May 6, 2021. A preview of art NFTs by 23 artists and curated by Artifex, will be displayed on OUTFRONT Media billboards in Times Square […]

OUTFRONT Revenue Down 33% in 1Q 2021

OUTFRONT is recovering from COVID slower than Lamar.  Here are the results from OUTFRONT’s 1Q 21 earnings release, 1Q 21 earnings presentation and conference call. Revenue declined by 33% to $259 million during the first quarter of 2021.  US billboard revenue was down 17%.  US transit revenue was down 67%. […]

Women Account for 35% of US OOH Board Seats

The US public out of home companies are giving women more board opportunities than the typical Russell 3000 company but need to do a better job appointing minorities to boards. Non-Executive Board Members of OUTFRONT, Lamar and Clear Channel Outdoor 2020 Clear Channel pays board members the most (in excess […]

Who Makes What at the Public OOH Companies

The public out of home executives took pay cuts during 2020.  Here’s a breakdown of who made what at Lamar, OUTFRONT and Clear Channel Outdoor, based on data in each company’s Schedule 14A. Total Compensation for Public US Out of Home  Company Executives 2019 and 2020 compared with last year […]

OOH Bad Debts and Covid

Covid has resulted in an increase in bad debts at the public out of home companies.   Here’s a breakout of who took what writeoffs in 2020. Table 1 – Accounts Receivable Writeoffs for Public US Out of Home Companies (million dollars) And this table shows writeoffs as a percentage of […]