Tag: outfront

Outfront Revenues Up 53% in 2Q 21

Outfront organic revenues grew 53% in the second quarter of 2021.  Here are the results from the OUTFRONT 2Q 21 earning release, Outfront 2Q 21 earnings deck and conference call. Revenue grew by 53% to $341 million in the second quarter of 2021. Local revenues increased 51%.  More encouragingly national […]

3 Things About Lamar

Three things about Lamar Advertising that Billboard Insider learned from reviewing the July 15, 2021 Lamar Advertising S4 in connection with the pending issue of $550 of 3.625% notes. Local, local, local. Lamar is more dependent on local advertising than Clear Channel or OUTFRONT.  The S4 says this: “Local advertising […]

Trends in Out of Home Collections

A reader writes “we have seen a greater than average amount of advertisers slow paying or not paying their bills. Last month we did not hit our 93% collection budget. We also have more in 60-90+ than we have in a long time. I wonder if other companies are seeing […]

Los Angeles Sidewalk and Transit Amenities Program Enters Final Stage

Los Angeles Mayor Eric Garcetti and Jennifer Pope McDowell, Director of Capital Infrastructure, Mayor’s Office of City Services view a shelter design with OUTFRONT/JC Decaux’s Francois Nion   Los Angeles-The competition to select a contractor for one of the world’s largest street furniture programs entered its final stage with multiple […]

OUTFRONT Adds Shapiro As Programmatic VP

NEW YORK, July 6, 2021 /PRNewswire/ — OUTFRONT Media Inc. (NYSE:OUT) welcomes Neil Shapiro, as VP, Head of Programmatic, who will lead OUTFRONT’s Programmatic Business and Sales Strategy. “I’m excited to join the team at OUTFRONT,” said Neil Shapiro. “Programmatic out of home continues its growth trajectory and I look […]

Clear Channel Outdoor Soars in 2Q 2021

US out of home stocks beat the market during the second quarter of 2021.  Clear Channel Outdoor increased by 40% during the second quarter of 2021 versus a 7% increase for the Standard and Poor 500.  Clear Channel stock is more volatile than the other out of home companies because […]

OUTFRONT Partners With Farmlink To Fight Hunger

NEW YORK, NY – June 28, 2021 – OUTFRONT Media Inc. (NYSE:OUT) is pleased to announce a partnership with The Farmlink Project, whose organization’s mission is to eliminate food insecurity. Formed at the start of the pandemic in 2020, the organization connects unused produce from farms to food banks across […]

OUTFRONT Welcomes Transit Riders Back

NEW YORK, NY – June 24, 2021 – OUTFRONT Media Inc. (NYSE:OUT) reveals new campaign titled ‘Live, Play, Eat, See NYC’ to excite and welcome back locals, commuters, tourists, and more as subway ridership increases to over 2.4 million trips per average weekday. With warmer weather, restrictions easing, decreases in […]

OUTFRONT Opens New Detroit office

Detroit, Michigan – [June 16, 2021] – On Monday, Detroit Mayor Mike Duggan visited OUTFRONT Media’s new downtown office space, which is part of the timeless renovation of the historic Colony Club of Detroit, done in partnership with Detroit’s iconic Forbes family. Originally started under the name Walker & Co., […]