Wednesday, June 26, 2024

Editors’ Picks

Monday, January 4, 2021 Mon, Jan 4, 2021

2021 will see more billboard lease litigations, more 1st amendment litigations; and cities will try to squeeze more money out of OOH operators (Billboard Insider)

Richard Rothfelder, Partner, Rothfelder Falick. In order to cut costs to offset their reduced income, many OOH operators attempted to slash expenses, such as ground rents. Oftentimes, billboard lessees exercised force majeure clauses in their leases, hopefully securing reduced or deferred rent or other concessions from their lessors. […]

billboardinsider.com
Mon, Jan 4, 2021 at 6:37 PM

Sunday, January 3, 2021 Sun, Jan 3, 2021

A review of India’s OOH and DOOH ad industry in 2020 (Business World)

by Soumya Sehgal. Advertising on billboards and other open spaces actually declined by 55 per cent in the first half of the year and closed at Rs 760 crore. The total advertising expenditure on OOH, traditionally known to grow by more than five per cent annually, demonstrated a de-growth of four per cent in the first half of 2020, going by the Pitch Madison Advertising Report Mid-Year Review 2020. […]

businessworld.in
Sun, Jan 3, 2021 at 6:33 PM

Jamaica Observer: Jamaica’s premier event management and digital signage company Main Event achieves $1bn in revenue, with a dip of 42% in 2020

By Durrant Pate. Profit plummets by 119%, but company manages to achieve revenues of $1 billion even with 42% dip. The novel coronavirus pandemic has had a devastating impact on Main Event Entertainment Group, sending its year-over-year profits plummeting by 119 per cent, which equates to $115 million. […]

jamaicaobserver.com
Sun, Jan 3, 2021 at 5:56 PM

Thursday, December 31, 2020 Thu, Dec 31, 2020

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