Three Month Results: Net revenue was $541.1 million Net income was $130.9 million Adjusted EBITDA was $253.9 million Six Month Results: Net revenue was $1.01 billion Net income was $207.1 million Adjusted EBITDA was $451.9 million BATON ROUGE, La., Aug. […]
NEW YORK, Aug. 3, 2023 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) results for the quarter ended June 30, 2023. […]
DOOH ad operator Intersection has signed an exclusive partnership with Southern California’s Metrolink, the nation’s third-largest rail system. Metrolink rail lines cut through some of Southern California’s most populous residential areas and desirable tourist locations in Los Angeles, Orange, Riverside, San Bernardino, Ventura, and San Diego counties. […]
By macro region, North America’s market share was lowest at 3.05 (although it remains the second biggest territory by revenue behind Asia), Europe 5.9%, Asia 7.2%, Australia/New Zealand 5.0%, Africa 12.5% and LATAM 5.5%. Digital continues to increase its share of the global market with $15bn, 37% of the total, forecast for 2023. […]
UK adspend reached almost £9.0bn in the first three months of 2023, with spend now set to grow by 2.6% to reach £35.7bn this year London, 27 July 2023: The latest AA/WARC Expenditure Report data represent a stable first quarter for the UK advertising industry in 2023, with spend remaining flat (0.1% year-on-year growth) to reach a total of £9.0bn. […]
Adjusted revenue up +7.5% to €1,585.0 million Adjusted organic revenue up +7.8%, with Q2 above our expectations at +10.3% Adjusted operating margin of €203.1 million, +10.7% yoy Adjusted EBIT, before impairment, of €12.5 million, +170.0% yoy Net income Group share of €37.8 million, +422.4% yoy Adjusted operating cash flows of €114.3 million, +41.6% yoy Adjusted free cash flow of -€179.7 million, -€136.6 million yoy, due to one-off items impacting the change in working capital requirements Best in class ESG ratings Third quarter 2023 adjusted organic revenue growth expected to be around +7% Paris, July 27th, 2023 – JCDecaux SE (Euronext Paris: DEC), the outdoor advertising company worldwide, has reported its 2023 half-year financial results. […]
Beeyond Media, a programmatic Digital Out of Home (DOOH) advertising demand-side platform (DSP), has closed a $10M Seed round led by Ricardo Uribe of RAU Capital and Beeyond Media board member. The latest funding will be used to scale the Beeyond business in the United States and Latin America and help Beeyond Media expand their vast connected inventory in other markets throughout 2024. […]
New York, NY — Clear Channel Outdoor, Airports Division, the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), has signed a new 10-year contract with Austin-Bergstrom International Airport (AUS). […]
The Out of Home Advertising Association of America (OAAA), has appointed Julie Thompson as Executive Vice President and Chief Marketing Officer. She will report to OAAA President & CEO Anna Bager. […]
Vistar Media, a provider of programmatic technology for digital out-of-home (DOOH), has launched their ‘nearest location’ dynamic creative use case in programmatic DOOH for brick and mortar establishments such as entertainment, retail, grocery, telecom providers, financial services, automotive and restaurants. […]
The first APAC Regional Forum, with over 200 delegates, was held in Kuala Lumpur, Malaysia, in October 2022. WOO President Tom Goddard says: "Our Kuala Lumpur APAC Forum was an even bigger success than we expected and there has been huge support for another event in an incredibly dynamic region, vital to the development of Out of Home globally. We will be announcing further details shortly. […]
NEW YORK—American music superstar Post Malone became the first entertainer to perform at TSX Broadway’s game-changing venue during a surprise pop-up concert in the heart of Times Square. On an otherwise ordinary mid-July afternoon, thousands of spectators converged in the Crossroads of the World to watch the musical artist hype his upcoming album Austin from a stage 30 feet above 47th Street. […]
Media Resources' innovative technology sets new standards for light control in LED displays. Toronto, Ontario – Media Resources, a manufacturer of LED displays, has expanded its patented SITELINE™ family with the introduction of Generation 3 technology. This technology improves light trespass mitigation in LED displays, which is important for the digital out-of-home (DOOH) industry. […]
Korbyt, a provider of digital signage and workplace experience software, has received a significant growth investment from Clearhaven Partners (“Clearhaven”), a dedicated software and technology-focused private equity firm based in Boston. […]
Seven advertisers have chosen QMS’ City of Sydney digital street furniture network for their campaigns: Visa, Xero, Elvis: A Musical Revolution, Visit Victoria, AHM Health Insurance, Aussie Broadband and FIFA itself. […]