Saturday, May 4, 2024

Editors’ Picks

Sunday, January 27, 2019 Sun, Jan 27, 2019

Friday, January 25, 2019 Fri, Jan 25, 2019

Can digital signage meet government security standards? (DSToday)

DISA-certified products undergo a rigorous testing and evaluation process and are pre-approved for sale into many government agencies. Above all else, the government expects hardware security to be infallible. For example, when any piece of hardware is added to a government network, it is critical that the hardware itself is 100 percent locked down until prompted by a systems administrator. […]

digitalsignagetoday.com
Fri, Jan 25, 2019 at 5:37 PM

Rumors about the sale of the remaining Fairway Outdoor assets (Billboard Insider)

Reagan Outdoor is the leading bidder for Fairway Tennessee, Indianapolis and Minnesota. Link Media Outdoor is in the lead for the Fairway Texas assets. Each of the pieces of the transaction is probably big enough that they will need a federal government Hart-Scott-Rodino review which will occur no time soon because the federal government is closed. […]

billboardinsider.com
Fri, Jan 25, 2019 at 5:11 PM

‘Right of First Refusal’ clause in your billboard lease – a landlord’s perspective (Billboard Insider)

I think this type of clause, and spreading the word around the industry, limits competition and could easily be viewed as anti-competitive by the FTC. Further, this acts to limit one’s ability to sell their property at the highest possible price as no real estate buyer wants to act as a “stalking horse” when someone else has the right to match their offer and buy the property. […]

billboardinsider.com
Fri, Jan 25, 2019 at 5:09 PM

Thursday, January 24, 2019 Thu, Jan 24, 2019

Lamar Advertising Raises $250 million of 5.75% senior notes (Billboard Insider)

Insider’s take: Lamar funded the Fairway transaction with short-term borrowings under its revolving credit facility and its accounts receivable securitization program. Using long-term debt to reduce short-term borrowings frees room for Lamar to continue making acquisitions. Lamar and Outfront have a 200 basis point borrowing advantage over Clear Channel Outdoor as you can see in the table below. […]

billboardinsider.com
Thu, Jan 24, 2019 at 4:04 PM

Why you should have a ‘right of first refusal’ clause in your billboard lease (Billboard Insider)

I agree with Insider that rights of first refusal are valuable tools for the billboard company. In addition to guarding against an unanticipated and unfriendly lessor, ROFR clauses also afford the billboard company the opportunity to acquire the land under its billboard at a favorable price, and to perhaps carve out an easement for the billboard and sell the remainder for a profit. […]

billboardinsider.com
Thu, Jan 24, 2019 at 2:55 PM

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