Outfront Media’s Chairman & CEO Jeremy Male appeared at Goldman Sach’s Communacopia 2016 yesterday. You can hear his entire talk here. Insider summarizes Male’s thoughtful and wide-ranging comments as follows: Revenue healthy. Little political. Rates rising. Data, geofencing and small cell deployment revenues small but promising. Steady as she goes on […]
NEW YORK, Sept. 20, 2016 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT), one of the largest out-of-home media companies in North America, announced today that the board of the Massachusetts Bay Transportation Authority (the “MBTA”) has, subject to a definitive agreement, granted OUTFRONT Media the right to advertise on the […]
Outfront Media is doubling down on its investment in transit, making two big announcements this month. In D.C., MD and VA, Outfront installed 31 state of the art 65 inch digital liveboards (ON Smart) in 14 new Metrorail stations to expand on its advertising partnership with Washington Metropolitan Area Transit […]
A press release from Outfront Media 12 SEP 2016 New deal expands on OUTFRONT’s leadership in the greater Los Angeles transit advertising market NEW YORK, Sept. 12, 2016 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT), one of the largest out-of-home media companies in North America, announced today that it has assumed […]
As a follow up to our May post the Fresno City Council voted unanimously Thursday to approve a 20-year lease with Outfront Media to erect five digital billboards on four different city-owned properties around town. Outfront will put up the digital billboards along Highway 180 at Al Radka Park, on […]
KRCR News reports of an agreement between Caltrans and Outfront Media to remove 10 billboards along a Highway 101 safety corridor area of focus. The project is designed to: Improve safety and reduce delays at intersections. Reduce operational conflicts. Resurface, restore, and rehabilitate the existing Route 101. Extend or construct […]
Outdoor companies talk about generating revenue from placing wireless and data antennas on billboards but so far it’s been lots of talk and little revenues. An analyst asked Outfront about cellular and data revenues earlier this week and here’s what CFO/EVP Donald Shassian said: I think it is like 0.0%, […]
Outfront CEO Jeremy Male had this to say about Outfront’s relationship with the ride sharing service Lyft during Outfront’s 2016 second quarter earnings conference call: Lyft has been the strong partner of OUTFRONT Media and has run simultaneous campaigns across our top US markets, equalizing the breadth of our assets […]
Outfront Media reported financials for the three months ended June 30, 2016 yesterday. You can read the Outfront press release here and the Seeking Alpha earnings transcript here. Revenues increased $0.6 million (0.2%) to $385 million during the second quarter of 2016 as billboard and transit growth was offset by […]
Seeking Alpha has an interesting article posted on the opportunities for billboard companies to become the next generation of data carriers. Some excerpts from the article: Data will grow dramatically over the next 10-20 years. Seeking Alpha views tower companies great long term investments. They see billboard companies as an under […]
