Tag: Scott Wells

Day 3 of OOHMediaCon25 in 6 Quotes

Here’s day 3 of OOH Mediacon25 in 6 quotes,   Lamar Advertising CEO Sean Reilly on attorneys and out of home. Attorneys.  They know how to buy us.  They understand where and why they are buying.  They understand.  They stay up there all the time.  They don’t buy a high […]

Clear Channel Outdoor Revenue Up 2.2% in 1Q 2025

“Q1 came in as we expected and we see nothing in the marketplace to date that causes us to change our guidance,” was how Clear Channel Outdoor CEO Scott Wells described first quarter 2025 performance.  Here are the results of the the CCO 1Q 25 earnings release, CCO 1Q 25 […]

Scott Wells: 20-30% IRR on Digital Billboard Conversions

Here’s a selection of Scott Wells comments at last week’s Morgan Stanley Technology, Media and Telecom Conference, analyzed by SignValue. Clear Channel needs to reduce debt in half to become a REIT I think for us to convert to a REIT we’re going to need to be probably about half […]

Clear Channel Outdoor Revenue Up 4.1% in 4Q 2024

“During the fourth quarter our America segment delivered record revenue of $311 million representing an increase of 4.1% driven by strength in digital and local sales” was how Clear Channel Outdoor CEO Scott Wells introduced the company’s 4Q 2024 financials.  Here are the results of the CCO 4Q 2024 earnings […]

Clear Channel US Revenue up 5% in 3Q 2024

Here is a summary of Clear Channel Outdoor’s third quarter 2024 earnings release, third quarter 2024 earnings presentation and third 2024 earnings call, analyzed by SignValue. Consolidated revenues grew 6.1% to $559 million due to growth internationally, at airports and in the US.  Revenues were up 5% in the US. […]

Scott Wells on Right-Sizing Clear Channel Outdoor

Here are excerpts from Clear Channel CEO Scott Wells comments that last week’s City 2024 Global TMT Conference, prepared and analyzed by SignValue What’s been done and what’s still to do to right-size Clear Channel Outdoor? At the beginning of 2022 we started the European part of it.  Our goal […]

Clear Channel Outdoor 1Q 2024 Revenue up 10%

North American billboards are decent, airports is booming and Europe North is recovering and for sale is how you could summarize Clear Channel Outdoor’s 2024 first quarter.  Here are the results of the Clear Channel Outdoor 1Q 2024 earnings release, earnings presentation and conference call. Consolidated revenue increased 10% to […]

Scott Wells on Out of Home’s Improving Market Position

European and Latin American sales are moving along but don’t hold your breath over the sale of Clear Channel Outdoor US assets.  Here are the highlights from Clear Channel Outdoor CEO Scott Wells comments at yesterday’s Morgan Stanley Media and Telecom conference. Out of home better positioned today than 5 […]

Clear Channel Outdoor Revenue Up 12% in 4Q 2024

Airports and Europe-North drove a good fourth quarter for Clear Channel Outdoor.  Here are the results of the Clear Channel Outdoor 4Q 2024 earnings release, Clear Channel Outdoor 4Q 2024 Investor Deck and conference call. Revenue increased 12% to $632 million due to increases in airports and Europe-North.  Airports revenue […]

Scott Wells Will Be Glad to See Interest Rates Fall

Clear Channel Outdoor CEO Scott Wells appeared at the Wells Fargo TMT Summit this week.  A selection of his comments. Clear Channel’s San Francisco market is showing signs of life The end of summer was not particularly robust but people are spending now. I think that the completion of the […]