“The exceptional results we delivered…primarily in the Americas have been offset by impact of the continued weakness in China’s consumer economy on Clear Media, with their revenues down 20% in 2019.” That’s how Clear Channel Outdoor Worldwide CEO William Eccleshare summarized 4Q 2019 financials. Here are the highlights of Clear […]
William Eccleshare talked about Clear Channel Outdoor’s growth prospects, plans to reduce leverage and China at the Morgan Stanley Technology, Media and Telecom Conference this week. A selection of his comments. On out of home’s growth prospects. We see outdoor as being a GDP plus performer…Nothing that I can see…in […]
William Eccleshare seems a bit more open to selling Clear Channel Outdoor’s international operations. Here are the highlights from his talk at the Goldman Sachs Communicopia conference wednesday. On why Clear Channel Outdoor is growing. The rush to online was effective but it might have been just a little bit […]
Clear Channel execs commented yesterday on the company’s recent capital market activity and prospects. Let’s start with the capital market transactions as provided in their August 13th press release: Issuance of 100 million shares of common stock at $3.50 per share, with the net proceeds from the sale to be […]
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 CEO William Eccleshare talked at last week’s JP Morgan Global Technology, Media and Communications Conference. He expressed regret that Clear Channel Outdoor had to sell Australia and certain US assets. Here are the highlights. On the virtues of independence. It changes us psychologically being an independent pure […]
Clear Channel Outdoor Chairman and CEO William Eccleshare was interviewed by Yahoo Finance from the floor of the New York Stock Exchange during Clear Channel Outdoor’s first day of trading. He was asked to make the case for Out of Home and here’s what he said: “It’s a good moment […]
iHeartMedia has completed their restructuring process, including a balance-sheet reshaping that cuts company debt to $5.75B from $16.1B. In connection with its emergence from restructuring, the company fully separates from Clear Channel Outdoor Holdings (CCO), which will continue to trade on the NYSE. Clear Channel Outdoor Holdings is the holding […]
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 […]
San Antonio, TX and New York, NY – February 25, 2019 – Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), a subsidiary of iHeartMedia, Inc. (PINK: IHRTQ), announced today that Brian Coleman will become Chief Financial Officer of Clear Channel Outdoor Holdings, Inc. (CCOH) when the company becomes a standalone public company upon iHeartMedia’s […]
