Here’s what Clear Channel Outdoor executives said about expense cuts, selling Latin America or Europe and the future on yesterday’s first quarter 2020 earnings call. Worldwide CEO William Eccleshare on Expense Cuts We are targeting over a $100 million reduction in operating costs in Q2 and at least $25 million […]
Clear Channel Americas CEO Scott Wells had a wide-ranging interview at the Wells Fargo TMT conference yesterday. Some things Insider learned: On the current market It’s been a good market. If you look at our last twelve months through Q3 we’ve been growing a little less than 8% with the […]
There were lots of questions on yesterday’s Clear Channel Outdoor conference call. Here are some of the more interesting comments. Clear Channel Outdoor America CEO Scott Wells dissects 9% US growth We really saw growth across all channels and all product lines. It was a balanced growth quarter. We saw […]
Clear Channel Outdoor Holdings, Inc. announced this week plans for underwriting a public offering of 100 million shares of their common stock. After reviewing the prospectus, Insider thought it would be worthwhile to pass along some thoughts. Use of Proceeds Insider has written about CCO’s high leverage. The good news […]
The out of home deal market is “incredibly strong” says out of home investment banker Max Drachman on this week’s Billboard Insider podcast. Max has more than 10 years experience in out of home dealmaking with Kalil & Co. Here are some highlights. Your firm Kalil is also a large […]
On this week’s Billboard Insider Podcast Clear Channel Outdoor Americas CEO Scott Wells talks about Clear Channel Outdoor’s spinoff from iHeart, the benefits of independence, the new board and priorities for next year. Clear Channel Outdoor Americas consists of the United States and the Caribbean with revenues of $1.2 billion […]
Clear Channel Outdoor Americas CEO Scott Wells appeared at the Cowen and Company 47th Annual Technology, Media and Telecom conference yesterday. Here are the highlights. Have you been surprised by the strength in US out of home No, not at all…2016 was a pretty good year, 2017 was pretty tough, […]
Last week’s conference call marked the debut of the new Clear Channel Outdoor executive team. Some highlights. William Eccleshare, Chairman and CEO Clear Channel International on the benefits of focus I think as a fully-focused, pure-play outdoor business, it’s going to enable us to perhaps concentrate a little more than […]
News came out on Friday that Clear Channel Outdoor and iHeartMedia had come to an agreement to separate Clear Channel to an independent stand alone Company, Clear Channel Outdoor Holdings, Inc. Insider spent some time reading through the 8K (which is a fairly short read) and a significant portion of the […]
Clear Channel Outdoor Americas CEO Scott Wells was interviewed by Jeffrey Hayzlett at the C-Suite Perspectives Conference. Some of the highlights. Wells on the ambivalence of some advertisers to digital signs The printed signs are the bigger part of the business but digital is growing rapidly…Advertisers really debate. The […]
