Tag: outfront

Making the Case for OOH

2020 Local Case Study Award Winners Case studies are powerful testimonials and the OAAA case study library contains over 650 examples of how OOH is creating results in markets across the US. The fifth annual OAAA/Geopath Local Case Study Contest produced a record 64 entries, and the cases demonstrated OOH is […]

Which public OOH company grew revenues faster than expenses over the past 7 years?

Which Out of Home company grows revenues faster than expenses?  Look at the chart below.  Insider computed the change in revenues and expenses for Clear Channel, OUTFRONT and Lamar for the past 7 years. Lamar is the only company which grew revenue faster than expenses.  Lamar’s revenues grew 5.8%/year for […]

Lamar Cuts Dividend in Half

Baton Rouge, LA – May 28, 2020 – Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announces that its board of directors has declared a quarterly dividend of $0.50 per share payable on June 30, 2020, to stockholders of record of […]

Judge Dismisses SF Lawsuit Against Mayor, Outfront and Clear Channel

Courthouse News reported that San Francisco Mayor London Breed cannot be sued for allegedly pressuring advertising firms to pull a political rival’s billboards that were denounced as racist by the mayor and several other elected officials, a federal judge ruled Tuesday.  Failed mayoral candidate Ellen Zhou sued Mayor Breed, Clear […]

OUTFRONT Creative Studios Wins 6 OBIE’s

NEW YORK, May 26, 2020 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) earned six awards during the 78th annual OBIE Awards on May 20 for billboard campaigns designed by its in-house creative team, OUTFRONT STUDIOS. Each year, The Out Of Home Advertising Association of America (OAAA) presents the OBIE Awards, which […]

Clear Channel Plays Defense With a Shareholder Rights Plan

Clear Channel Outdoor announced a “shareholder rights plan” on May 19: SAN ANTONIO, May 19, 2020 /PRNewswire/ — Clear Channel Outdoor Holdings, Inc. (CCO) (the “Company”) announced today that its board of directors (the “Board”) unanimously adopted a shareholder rights plan (the “Rights Plan”) to protect the interests of all Company […]

Outfront Issues $400 Million 6.25% Notes

NEW YORK, May 13, 2020 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) today announced that two of its wholly-owned subsidiaries priced a private offering of $400.0 million in aggregate principal amount of 6.25% Senior Notes due 2025 (the “notes”). The notes are to be sold at an issue price of […]

Jeremy Male: Q2 Revenues will be Down 50%

OUTFRONT CEO Jeremy Male said that second quarter revenue will be down 50% as OUTFRONT’s urban and transit billboard plant is heavily impacted by stay at home orders.  Here are the highlights of last Friday’s earnings call. On future revenues As we look at Q2 to date, we expect our […]