Lamar Advertising Company’s quarterly loss widened and revenue fell short of estimates, according to quarterly financials that were just released by the company. Shares of the 108 year old company fell as much as 9% after the announcement, but then regained some of that territory later in the day. (more…)
Posts Tagged ‘billboard news’
Lamar Loss Widens In 4th Quarter
Friday, March 5th, 2010Federal Appeals Court Rules Against Outdoor Companies in New York
Friday, February 26th, 2010A federal appeals court has ruled that New York City did not violate the First Amendment by regulating the number of billboards allowed on the roadways. (more…)
South Dakota Billboards Win Property Tax Battle
Friday, February 26th, 2010Owners of billboards in South Dakota are breathing a sigh of relief now that legislation intended to tax them has been shot down. Bill sponsor Rep. Mark Kirkeby said that billboards are essentially permanent fixtures and should be taxed just like cell towers. (more…)
Billboard Bill Clears Kentucky Senate
Friday, February 19th, 2010The Kentucky Senate has passed a bill, without a dissenting vote, that would allow billboard companies to clear vegetation on the right-of-way that blocks visibility of their signs. (more…)
Hollywood Sign Threatened by Development
Friday, February 19th, 2010The landmark “HOLLYWOOD” sign in Los Angeles has been threatened by development of the property immediately surrounding the national icon.
The privately owned land that the sign sits in is in jeopardy of becoming a luxury home development – unless the Trust for Public Land can raise the money to buy the property and make it part of Griffith Park. They need to raise an additional $12.5 million by April 14th. (more…)
HOW TO BUILD YOUR RETIREMENT WITH A PILE OF WOOD – IN THE OUTDOOR BILLBOARD BUSINESS.
Thursday, February 11th, 2010What is bigger than a bread box, made out of wood, and creates cash flow? The answer is a wooden outdoor billboard sign. No other pile of wood can create up to a 100% return on investment annually.
So how does it work? Here’s the basic steps to building a wooden billboard. (more…)
Welcome to the first issue of Billboard Weekly
Saturday, November 21st, 2009Welcome to the first issue of Billboard Weekly. This magazine is devoted to the real outdoor advertising industry, and dedicated to those professionals who make it all happen – the gritty real world of signing locations, building structures, renting ad space, keeping the customer satisfied – those folks in the trenches that make the industry what it is today. (more…)
Letter From the Editor – May 13 2009
Saturday, November 21st, 2009A conversation with the owner of a small 30-sheet poster plant in southern Illinois this week showed a stark contrast with the declining financial performance of the big public companies of outdoor on Wall Street. And it shows an important lesson that we learned first-hand from the late 1980s to early 1990s recession in outdoor in Texas.
Letter from the Editors
Saturday, November 21st, 2009Let’s not confuse the recession with opportunism.
We are getting more and more calls at the site from land owners who have received form letters asking them to reduce their ground rent due to “economic conditions”. (more…)
August 7th, 2009
Saturday, November 21st, 2009It Could Be Worse
JCDecaux has announced some poor earnings, which will no doubt put many outdoor operators in panic over the current economic climate. Sure, a 95% drop in earnings is alarming. But compare this to newspaper, radio and television operators. These poor souls are trying to figure out how to stave off bankruptcy – they would be envious of the concept of having any profit at all.