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Tuesday, May 23, 2023 Tue, May 23, 2023

Clear Channel Outdoor: European business sale might help it repay (part of) the debt and raise the valuation of the US business (Seeking Alpha)

Dalius Taurus, Investing Group Leader. After a potential divestiture, CCO would be in a position to repay a portion (around $1bn) of its currently outstanding debt (net debt of $5.2bn). More importantly, the potential sale would shine a light on the company's significantly higher-margin US business. […]

seekingalpha.com
Tue, May 23, 2023 at 11:04 PM

Clear Channel Outdoor, Airports Division commissions study – study says airport advertising is ‘highly effective’ (PRNewswire)

The CCO-commissioned Nielsen Scarborough recontact study provides insights into frequent and business travelers' responses to airport advertising, and the behaviors they take after seeing an ad. 83% of Frequent Flyers notice airport advertising with 3-out-of-4 associating airport advertising with high-quality brands. […]

prnewswire.com
Tue, May 23, 2023 at 12:14 AM

SpinetiX pitches its digital signage SaaS (AVNetwork)

Nicolas Meyer, VP of Marketing and Channel Management at SpinetiX. A true digital signage SaaS offers end users an easy way to get started through a simple-to-access web-based interface and without the need for extensive technical expertise or training. The user interface is intuitive and user-friendly, allowing even non-technical users to create and manage their own content. […]

avnetwork.com · Promoted content
Tue, May 23, 2023 at 12:10 AM

Monday, May 22, 2023 Mon, May 22, 2023

Sunday, May 21, 2023 Sun, May 21, 2023

Insider’s take on pending acquisition of New Tradition: equity funds like (low) barriers to entry and growth potential of OOH advertising (Billboard Insider)

The biggest private equity funds like the barriers to entry and growth prospects of out of home but have been stymied in the past by the lack of targets large enough to justify a significant investment. Looks like Blackstone solved the problem. Billboard Insider suspects this is a recap to take out some existing institutional investors (GAW Capital for one) and to provide growth capital. […]

billboardinsider.com
Sun, May 21, 2023 at 10:00 PM

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