Big news coming from the Clear Channel Camp this past week as CEO William Eccleshare announces his departure. Clear Channel also announced some pretty drastic increases in revenue during their Q2 earnings release. Check out the infographic SignValue put together below.CCO Q2 Quarterly Report Infographic
CCO’s Americas revenue increased by 36% while also decreasing their site lease expenses by 14.2%, that’s every operators dream right? This certainly helped their cash flow margins. Digital displays seem to be roaring with activity as their total digital revenue is up 73%. Billboard Insider also did a great summary you can read about here.