Q2 Reports From Lamar, Outfront, Clear Channel and JCDecaux Lamar Advertising announced its operating results for the second quarter ended June 30, 2023. The company reported a 4.5% increase in net revenues, from $517.9 million in Q2 2022 to $541.1 million in Q2 2023. Operating income also increased by $10.3 million, from $166.5 million in

JCDecaux Reports Strong Growth at 2023 half year benchmark Paris, July 31st, 2023 – JCDecaux SE, the leading global outdoor advertising company, has recently announced its financial results for the first half of 2023. The company reported a robust performance, with revenue growth exceeding expectations. Positive Revenue Growth In the first half of 2023, JCDecaux

Unlocking Billboard Value: The Power of Perpetual Easements in Out-of-Home Company Valuations In a recent article posted from Billboard Insider it discusses the difference between EBIDTA and Billboard Cashflow in the context of valuing out-of-home companies and billboards. Out-of-home companies are typically valued at 8-12 times their Billboard Cashflow. If you own an easement or

Equinox Industries to Acquire Clear Channel Outdoor Holdings’ Business in France: A Strategic Move to Unlock Potential In a recent announcement, Clear Channel Outdoor Holdings, Inc. (CCO) has revealed that it is in exclusive discussions with Equinox Industries, a Paris-based industrial holding company, to sell its business in France. This potential transaction signals a strategic

The Challenges and Potential of EV Chargers and Cartop Advertising in the OOH Industry SignValue recently completed a valuation of EV charger and cartop display advertising assets for a NYC investment firm. While the majority of Out-of-Home revenue is still generated by static and digital billboards, there are countless new companies going into uncharted OOH

Clear Channel Outperforms Market During Second Quarter 2023 Clear Channel Outdoor, has emerged as a top performer in the stock market during the second quarter of 2023. While its competitors Lamar Advertising and OUTFRONT struggled to keep pace with the market, Clear Channel experienced significant growth and exceeded investor expectations. Billboard Insider has provided some excellent

Global Out of Home Industry Aims to Double Market Share by 2023, Emphasizes Consolidation and Standardization The global Out of Home (OOH) industry has successfully recovered from the pandemic, according to Tom Goddard, the President of the World Out of Home Organization (WOO). However, Goddard emphasized the need for the industry to increase its global

Navigating Digital OOH in the Age of Load Shedding: Lessons from South Africa Load shedding, the deliberate and temporary interruption of power supply, has become a prevalent challenge in many countries, including South Africa. In this era of digital transformation, load shedding poses unique difficulties for the digital out-of-home (OOH) advertising industry. In a recent