Clear Channel Outdoor Hldgs In Stock Price, News & Analysis

On November 2, 2021, Conservation International announced a global Out-Of-Home (OOH) campaign with Clear Channel, titled "Hear me while you can", during COP26 in Glasgow. The campaign aims to amplify the importance of nature in climate discussions, featuring sounds from various ecosystems on digital screens that link to a dedicated site for further engagement. Clear Channel is donating advertising space to boost visibility, emphasizing the need for increased investment in nature-based solutions to combat climate change. The initiative aligns with recent commitments to biodiversity protection made at COP15.

Clear Channel Outdoor (NYSE: CCO) announces a partnership with the Afterschool Alliance, the National League of Cities, and the National Summer Learning Association to launch a national visibility campaign for Lights On Afterschool. Running through October, the campaign highlights afterschool programs' critical roles during the COVID-19 pandemic. Data shows that for every child in these programs, three are waiting to join. The campaign features over 2,000 digital billboards, emphasizing the growing demand for afterschool services and the barriers faced by many families in accessing them.

Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) will release its third quarter 2021 results on November 9, 2021, before the market opens at 7:00 a.m. Eastern Time. A conference call to discuss the results will take place at 8:30 a.m. Eastern Time, accessible via dial-in and a live audio webcast on the company's website. CCO is a leading outdoor advertising company, operating over 500,000 displays globally, with significant digital assets. Detailed financial materials will be provided on the company's website following the release.

Clear Channel Outdoor Holdings (NYSE: CCO) announced that CEO William Eccleshare, CFO Brian Coleman, and CEO of Clear Channel Outdoor Americas Scott Wells will participate in a Q&A session at Deutsche Bank's 29th Annual Leveraged Finance Conference on October 4, 2021, at 10:00 a.m. ET. Investors can access a live audio webcast on Clear Channel's investor website, which will also be available for replay for 30 days. The company operates over 500,000 outdoor advertising displays globally, including more than 19,000 digital displays.

Hivestack has partnered with Clear Channel Outdoor Americas (CCOA), allowing advertisers to purchase programmatic digital out-of-home (DOOH) inventory. This collaboration enables CCOA to leverage the Hivestack SSP and Ad Exchange for programmatic buying, expanding its nationwide reach to over 100 million people monthly through digital billboards, airport media, and more. The partnership aims to enhance programmatic revenue opportunities for CCOA while providing marketers with advanced data-driven solutions to target audiences effectively.

Clear Channel Outdoor Holdings (NYSE: CCO) announced that CEO William Eccleshare, CFO Brian Coleman, and CEO of Clear Channel Outdoor Americas Scott Wells will participate in a Q&A session at the Goldman Sachs Communacopia Conference on September 21, 2021, at 12:25 p.m. ET. The session will be available via a live audio webcast on the company's investor website, with a replay option for 30 days. Clear Channel Outdoor is a leading outdoor advertising company with over 500,000 displays across 27 countries, including more than 17,000 digital displays globally.

Clear Channel Outdoor (CCO) has partnered with Foursquare to enhance campaign performance metrics for digital out-of-home (DOOH) advertising. This collaboration integrates Foursquare Attribution with CCO's RADARProof®, enabling brands to receive daily updates on impressions, conversions, and offline visitation. The partnership aims to provide actionable insights and facilitate in-flight ad optimizations, allowing advertisers to measure performance across various channels effectively. This move signifies a significant advancement in DOOH measurement and attribution, enabling brands to adapt strategies in real-time.

Clear Channel Outdoor Holdings reported strong Q2 2021 results, with revenues rising 36% in the Americas to $271.6 million and 130.2% in Europe to $247.1 million. Segment Adjusted EBITDA surged 170.6% to $127.2 million in the Americas. The company anticipates continued revenue growth, with expectations of $315-$325 million in the Americas for Q3 2021. William Eccleshare will transition to Executive Vice Chairman, while Scott Wells becomes CEO on January 1, 2022.

Despite positive momentum, restructuring and pandemic impacts may affect future guidance.

On July 12, 2021, the National Summer Learning Association (NSLA) launched National Summer Learning Week with a campaign on Clear Channel Outdoor's digital billboards, featuring the Game Builder Garage game for Nintendo Switch. This initiative aims to promote summer learning and provide families with resources via DiscoverSummer.org, especially important after the challenges of the pandemic. Clear Channel Outdoor supports this cause by running messages across 2,000 digital displays. The partnership focuses on educational equity to enhance learning opportunities for vulnerable children.