Clear Channel’s Q3 2024 Results: SignValue’s latest analysis of Clear Channel Outdoor’s Q3 2024 results highlights consolidated revenue of $559.0 million, reflecting 6.1% year-over-year growth across all business segments. Clear Channel’s revenue growth is driven primarily by an 11.4% revenue increase in their Europe-North Segment and a 9.0% revenue increase in their Airports Segment. Clear Channel’s
OUTFRONT Media’s Q3 2024 Results: Progress Amid Market Adjustments in the OOH Industry OUTFRONT Media recently reported its third-quarter results for 2024, offering insights into its operational strengths and the evolving dynamics of the out-of-home (OOH) advertising sector. As a leading player in billboard valuation and advisory services, SignValue analyzes these results to highlight their
Lamar Advertising Company, a leader in outdoor advertising, recently announced its third-quarter results for 2024. These results provide a glimpse into the company’s operational performance and the broader trends influencing the out-of-home (OOH) advertising sector. Key Highlights from Lamar Advertising’s Q3 2024 Report: Revenue Growth: Consolidated Revenue: Lamar reported a 4.0% year-over-year increase, achieving $564.1
December 18th Update: City Council approved for all 80 digital billboards to be built and owned by Metro. An article from mynewsla, it states that “Council members voted 10-4 to amend city law to establish the Transportation Communication Network, a Metro program that will establish a network of transportation communication structures and digital displays, equipped
In a recent article by Billboardinsider, the October 2023 Federal Reserve Bank Survey of Bank Loan Officers indicates a continued trend of tightening lending standards in the commercial and industrial loan sectors. Key highlights from the survey include: – Commercial and industrial loan standards have tightened for five consecutive quarters, along with a rise in
In recent news Clear Channel Outdoor Holdings, Inc. announced that they have sold Clear Channel France to Equinox Industries and are now looking to sell their Europe-North segment, which includes the UK and Northern Europe. They’re also conducting strategic review of their Latin American businesses in countries like Mexico, Brazil, Chile, and Peru. These moves
Out-of-Home Advertising: Second Quarter 2023 Marks Historic Growth In the second quarter of 2023, the Out of Home (OOH) advertising industry had a 2.2% boost in revenue, reaching $2.68 billion, as reported by the Out of Home Advertising Association of America (OAAA). This is the second-highest quarterly revenue in OOH history. Digital OOH advertising, which
OUTFRONT’S Strategic Roadmap: Navigating Challenges and Growth in 2023 In a recent article from Billboard Insider OUTFRONT’s CEO, Jeremy Male, outlined the company’s plan for the rest of the year at the Citi 2023 Global Tech Conference. The key points of their strategy are: Growing Transit Business: aims to revitalize its transit business, which has
The Effect of Easements on Sign Multiples In a recent Billboard Insider article, a reader posed the following question: “When you are ready to sell your property, is it more advantageous to sell your land along with your structure and include a perpetual easement, or to keep the land and sell it as a whole?”
