By Ken Klein, EVP – Government Affairs, OAAA Out of home media is completing a basic but meaningful step for sustainability: switching its light bulbs. Nationwide, this practical step means: Improved energy efficiency and less energy load, requiring less energy generation Better lens technology that reduces light “spillage” Fewer maintenance […]
US out of home stocks had an outstanding quarter as traffic rebounded and the economy began to open back up from Covid closures. Clear Channel Outdoor (blue), Lamar (green), OUTFRONT (purple) and S&P 500 (black) stock performance April-June, 2020 Clear Channel Outdoor increased 85% to $1.04 during the quarter versus […]
Don Avjean, VP of Government Affairs for OUTFRONT Media, plans to retire at the end of July after nearly 50 years in the industry. The OAAA created a Q&A with Don as well as video tribute which you can view below. Thanks Don for your years of service to the […]
Insider analyzed the makeup of the boards and the executive/leadership teams of the three public out of home companies (Lamar, OUTFRONT and Clear Channel Outdoor) and here’s what he found. The public US Out of Home companies outperform the S&P 500 in putting women on corporate boards but need more […]
The out of home debt markets have been remarkably resilient during the Covid. Clear Channel just amended its credit agreement to get more flexibility. OUTFRONT did the same in April. Lamar expects to come through the downturn without asking for any covenants amendments from its lenders and it raised $400 […]
NEW YORK, June 11, 2020 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) announced today an out of home offering for local businesses as reopening begins in various states across the country. OUTFRONT is offering static and digital billboard space at no to low cost in various markets as part of their […]
By Andrea Messimer-Henley In early March we all felt the impact of COVID19, there isn’t a single person that wasn’t affected in some way shape or form. I began to reflect on what I learned growing up in the grocery business that people need food in every circumstance and no one […]
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 […]
The Indiana Supreme Court threw out an award of more than $237,000 in attorney fees to Outfront Media, and other defendants in a lawsuit over seven billboards outside Utica, Indiana. Justices found the Clark Circuit Court lacked a basis for awarding fees to the parties who sued a regional development […]
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 […]
