Insider caught up with Gabe Oliverio, Managing Director at outdoor investment banking firm Johnsen, Fretty & Co., about a swap transaction announced last week involving Independent Outdoor Network (transaction press release here). You can contact Gabe at goliverio@jfco.com.
Baton Rouge, LA – July 11, 2017 – Lamar Advertising Company (Nasdaq: LAMR), one of the largest out-of-home media companies in the world, today announced that it has closed on its recent acquisition of eight airport advertising contracts from Corey Airport Services. The acquisition adds a variety of traditional static displays, dynamic digital displays, wraps
Last week, a federal district court in Indiana ruled that the enforcement of the City of Bedford’s sign ordinance would not be enjoined, finding that the sign code was content neutral, supported by a significant governmental interest, and narrowly tailored. The court’s denial of the preliminary injunction indicates that the ordinance is likely to survive
New Zealand -Digital billboards are adding value to commercial buildings by providing steady and lucrative revenue streams to supplement tenant leases. “Strategically located business property Austin both big and small can be prime contenders for digital billboards no matter the price,” says John Church, national director commercial with Bayleys (here is the average office
When we think of advertising and promotional images, we usually consider a business’s walls, windows or display units as prime territory. But as retailers have sought to maximize on every square inch of advertising space, many have begun to consider the opportunities on their unused floors, both indoors and outdoors. Thus the creation and continued
NEW YORK, July 5, 2017 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) announced today that it has completed an asset swap with Independent Outdoor Network. The Company acquired digital billboards in the Boston designated market area (DMA) in exchange for static billboards in four non-metro market clusters considered not strategic to its top DMA focus. The acquired assets include 16 digital
Clarksburg, WV -Lamar Advertising is taking the city of Weston to court over its billboard restrictions. Lamar said it got the Lewis County Board of Education’s approval to erect a billboard on school-owned property in August 2016. That same day, Lamar said city officials sent the board a letter asking them to reconsider their decision.
Los Angeles, CA-Elected officials on a city committee have generated controversy by loosening a proposed Citywide Sign Ordinance to permit digital billboards both within sign districts and outside of them. According to the Coalition to Ban Billboard Blight, if the committee members’ proposed changes are approved by the full City Council, billboards would be permitted in
Recreational marijuana use may still be illegal in New Mexico but that hasn’t stopped one clever McDonald’s franchise from strategically placing an intriguing billboard near the Colorado / New Mexico border. Pandering to the soon-to-be famished road warriors headed for the Colorado state line and the legal weed that awaits them, a chronic tweet of
