Tag: outfront

Three Benefits from the OUTFRONT Canada Sale by SignValue

Yesterday OUTFRONT Media closed the sale of Canadian out of home assets to Bell Media.   Here is an analysis of the OUTFRONT Canada sale sponsored by SignValue. It makes OUTFRONT’s financials easier to understand The sale makes OUTFRONT a domestic US business.  No currency risks and easier to evaluate and […]

OUTFRONT Closes Sale of Canadian Assets to Bell Media

NEW YORK, June 10, 2024 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) and Bell Media Inc., a wholly-owned subsidiary of BCE Inc. (TSX, NYSE: BCE), announced today that they have closed the sale of OUTFRONT Media’s Canadian business to Bell Media for a purchase price of C$410 million in cash, subject […]

Billboards Celebrate Spelling Bee Winner

Jethro Nededog of The Lippin Group writes:  As celebrations for Tampa 12-year-old Scripps National Spelling Bee winner Bruhat Soma continued last week, very creative billboards in various locations around the local area ran through last weekend. Once again proving the effectiveness and versatility of OOH, an anonymous person who was super […]

Why the MRC Standards are a Great Thing for Out of Home

By Andy Sriubus, Chief Commercial Officer, OUTFRONT Media After the fall of the Ottoman Empire and the establishment of the Republic of Turkey in 1923, President Mustafa Kemal Atatürk embarked on a series of sweeping changes known as the “Kemalist reforms” to modernize and secularize Turkish society. Among these developments […]

Tis the Season to Sell Political

Political advertising season is in full swing.  Here’s what Billboard Insider heard about about political advertising in this month’s earnings calls and investor meetings. OAAA President and CEO Anna Bager says out of home is trusted and can help get out the vote (May 23, 2024 Beet.tv interview). We think […]

OUTFRONT Awarded Metrorail and Metrobus Contract in D.C.

NEW YORK, NY, May 28, 2024 – OUTFRONT Media (NYSE:OUT), one of the largest out of home media companies in North America, has been awarded a new long-term advertising franchise agreement for the Washington Metropolitan Area Transit Authority (“WMATA”). OUTFRONT has provided advertising services for WMATA since July 2014. Under […]

Jeremy Male: It comes down to one word – Audience

Here’s a selection of OUTFRONT CEO Jeremy Male’s comments at this week’s 52nd annual  JP Morgan 2024 Global Technology, Media and Communications Conference. Why has OOH been able to maintain ad share It comes down to one word – audience…More and more activities activities are outside of the home. OUTFRONT […]

OUTFRONT Revenue Up 3% in 1Q 2024

“We were pleased with our first quarter, especially with transit which returned to solid growth after what proved to be a rather difficult 2023” was how OUTFRONT CEO Jeremy Male summarized the first quarter of 2024.   Here are the results from the OUTFRONT 1Q 2024 earnings release, OUTFRONT 1Q 2024 […]

Who’s Who on the Public Out of Home Boards

Here’s a list of the non-executive board directors for Lamar, OUTFRONT and Clear Channel Outdoor. Clear Channel Outdoor and OUTFRONT pay more to directors than Lamar. Two Clear Channel directors (Jinhy Yoon and Ted White) work for free.  Yoon is a credit analyst at Pimco Investment Management and is barred […]

Who Makes What at the Public Out of Home Companies

Here’s a listing of who makes what at the three largest US public out of home companies in 2023. Lamar’s execs were the only group to see increased compensation in 2023.  This is as it should be.   The stock did well, cashflow is at record highs and Lamar has an […]