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Friday, May 26, 2023 Fri, May 26, 2023

Clear Channel Outdoor CFO: The invasion of Ukraine has been a factor in slowing the process of European asset sale (Billboard Insider)

Brian Coleman, CFO, Clear Channel Outdoor. Unfortunately, after — shortly after it was launched, there was some geopolitical events, including the invasion of Ukraine, that caused us to pivot on the process we were undergoing and prioritized the lower-margin noncore to Europe businesses, which we continue to look at. In fact, we successfully closed the sale of Switzerland at the end of March. […]

billboardinsider.com
Fri, May 26, 2023 at 10:52 PM

Thursday, May 25, 2023 Thu, May 25, 2023

Starting July 1, 2023, Maryland will ban sellers of recreational cannabis from using out-of-home advertising (Billboard Insider)

One of our advertisers (WAAVE Medical Marijuana Dispensary) received notice on Friday, May 12, 2023, from the Maryland Cannabis Administration, stating that they must sign an attestation that they will comply with the new advertising regulations that were part of the lager cannabis reform bill that passed and was signed by the Governor last week (please see page 82 in the following link for the advertisement regulations: https://mgaleg.maryland.gov/2023RS/Chapters_noln/CH_254_hb0556e.pdf) Based upon this signed legislation from the Governor of Maryland, the State is banning OOH: “ENGAGE IN ADVERTISING BY MEANS OF PLACING AN ADVERTISEMENT ON THE SIDE OF A BUILDING OR ANOTHER PUBLICLY VISIBLE LOCATION OF ANY FORM, INCLUDING A SIGN, A POSTER, A PLACARD, A DEVICE, A GRAPHIC DISPLAY, AN OUTDOOR BILLBOARD, OR A FREESTANDING SIGNBOARD. […]

billboardinsider.com
Thu, May 25, 2023 at 4:44 PM

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