Full-Year Revenue: Grew by 3.9% to $2.11 billion compared to the previous year. Full-Year Net Income: Improved to $496.8 million, up $58.2 million from the prior year. Diluted AFFO Per Share: Increased by 9.9% in Q4 and 1.2% for the full year, surpassing the company's revised guidance. […]
By Will Feuer. Clear Channel Outdoor Holdings posted higher fourth-quarter revenue, lifted by strength in its airports unit, and said it plans to sell its Latin American businesses. The out-of-home advertising company reported a fourth-quarter profit of $24.8 million, down from $98.7 million in the same period a year earlier. […]
Consolidated Revenue: $632.1 million in Q4, up 12.4% year-over-year. Net Income: Income from continuing operations at $25.4 million, a decrease of 76.2%. Adjusted EBITDA: $190.0 million in Q4, a 9.2% increase year-over-year. […]
Farah Elbahrawy, Bloomberg News. Multiply Group has acquired an advertising firm based in the United Arab Emirates as it prepares for an initial public offering for its media business, according to its chief executive officer. The firm bought 100% of BackLite Media, according to a statement on Monday. […]
The half-day conference will present both practical content and strategic thought leadership to elevate the planning and buying of Digital Out of Home (DOOH) and programmatic campaigns in Australia. Topics for the 2024 conference include: Release of new local research on buyside Attitudes to Programmatic DOOH,\. International market comparison on Programmatic DOOH markets. […]
Public-facing screens on sidewalks and attached to structures like bus shelters get knocked in some circles for using up energy while having no real purpose beyond advertising, but a small US display technology company says its screens are good for the environment – with the assertion that a coating on its LED display totems has the same air cleaning capabilities as six mature trees. […]
Connectivity is fundamental to almost every digital signage network out there, but the industry is seemingly well past the days when just establishing a stable and suitably speedy internet connection was a big chore. Even with a lot of options now available, new ones continue to emerge, like something called LiFi – which uses light rather than radio frequencies for wireless communication. […]
There are three approaches: Six flips per minute. Run six 10 second flips per minute on your digital billboards. This is the Lamar approach. […]
I was curious if that largely transparent, super-thin Muxwave display on the glass curtain wall of the main entrance to the Barcelona facility that ... […]
What is touted as the largest digital ceiling in Europe will switch on in a little more than three weeks in a revamped entertainment ... […]
Antonia Hamberger. Incorporating AI, such as LLM (Large Language Models), into digital signage can not only mean offering automated content production and dynamic optimization but also building proactive defense mechanisms. By befriending this approach, companies can differentiate themselves and better protect their systems and data in an evolving digital landscape. […]
Mark Boidman: “If you look back to 2019 Lamar was around 15 1/2 times…forward multiple…and OUTFRONT is at 13.5 times… all these companies are significantly discounted to where they were in 2019." Billboard Insider’s take: Why are public out of home multiples down? We suspect it’s because of slowing revenue growth caused by a drop in national and programmatic advertising. […]
OAAA and the OOH United initiative have established the Future Leaders program. Ten (10) selected Future Leaders will attend the 2024 OOH Media Conference. Future Leaders to participate in conference breakout sessions, networking events, and possibly main stage programming. […]
Guy Campos interviewed Rafale Chang, CEO, Tiger Party. What do people not understand about the New Year's Eve countdown in Times Square? (2.26) How do you ensure content is synchronised across multiple screens? […]
Lisa & Dan Nausley. How can you find the best candidates for your OOH sales position if you don’t really know what you are looking for? I hear far too often that the owner or sales leader is looking to hire experienced OOH salespeople. […]