Clear Channel Outdoor Extends Benchmark-Setting 35-Year Partnership with Huntsville-Madison County Airport Authority and Plans New High-Tech Media to Further Ignite Huntsville International Airport's (HSV) Advertising Program
Rhea-AI Summary
Clear Channel Outdoor Holdings (NYSE: CCO) has secured a 10-year partnership extension with Huntsville-Madison County Airport Authority through a competitive RFP process, continuing their 35-year relationship that began in 1989. The agreement involves implementing new high-tech media at Huntsville International Airport (HSV), which serves 1.5 million annual passengers.
The upgrade coincides with HSV's multi-million-dollar terminal renovation project, 'HSV Refresh.' Clear Channel's new advertising network will include two large LED video walls with regional themed murals, an improved gate hold digital network, three four-sided digital columns in the arrivals departure area, new print assets, and reduced static displays. HSV, recently named the #1 Best Small Airport in the 2024 Newsweek Readers' Choice Awards, offers nonstop service to 14 destinations and serves as North Alabama's largest commercial airport.
Positive
- Secured 10-year partnership extension with Huntsville International Airport
- Investment in new high-tech media infrastructure aligns with airport's renovation
- Exposure to 1.5 million annual passengers
- Reduction in static displays for more dynamic advertising opportunities
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CCO declined 3.95%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Clear Channel's Innovative Sales Approach, Ad Network Will Bring All-New Customized and Impactful Brand Experiences to HSV's 1.5 Million Annual Passengers
"This renewal of our relationship with visual advertising partner Clear Channel could not come at a better time as Huntsville International has embarked on HSV Refresh, a multi-million-dollar renovation of our terminal and facilities," said Butch Roberts,
The new innovative advertising network is set to reach
Clear Channel Outdoor's investment in the new media program will include:
- Two impressive large LED video walls accented by custom impactful regionally themed murals highlighting the richness and depth of "Rocket City;"
- A new and improved gate hold digital network, which will be integrated into the renovated gate hold HSV intends for completion over the next year and will significantly expand exposure and enhance the modernization work HSV is doing;
- Three dynamic new four-sided digital columns that will impact the arrivals departure area;
- New key print assets; and
- A reduction in static displays which will open sight lines throughout the terminal for brands to activate even more alluring ad campaigns throughout the airport.
"We truly value and are proud of our 35-year partnership with
About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is at the forefront of driving innovation in the out-of-home advertising industry. Our dynamic advertising platform is broadening the pool of advertisers using our medium through the expansion of digital billboards and displays and the integration of data analytics and programmatic capabilities that deliver measurable campaigns that are simpler to buy. By leveraging the scale, reach and flexibility of our diverse portfolio of assets, we connect advertisers with millions of consumers every month.
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SOURCE Clear Channel Outdoor
