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Clear Channel Outdoor Holdings, Inc. reports developments in out-of-home advertising across printed and digital displays, roadside billboards, street furniture and airport media. The company sells advertising placements through a portfolio that includes U.S. roadside assets, airport displays and other markets, with recurring updates tied to digital billboard expansion, data analytics, programmatic buying and campaign measurement.
Company news also covers airport advertising contracts, brand and content partnerships for digital screen networks, research on creative quality and campaign performance, operating and financial results, shareholder matters and capital-structure actions.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) announced that CFO Brian Coleman will present at the Deutsche Bank Leveraged Finance Conference on September 20, 2022, at 9:20 a.m. MST. The presentation will be available via live audio webcast and can be accessed on their investor website. Clear Channel Outdoor is a leader in the out-of-home advertising industry, utilizing digital billboards and data analytics to enhance advertising effectiveness, reaching millions of consumers through over 500,000 displays across 25 countries.
Clear Channel Outdoor Holdings (NYSE: CCO) announced that CEO Scott Wells will participate in a fireside chat at the Goldman Sachs Communacopia Conference on September 14, 2022, at 3 p.m. PT. Investors can tune in via a live audio webcast available on the company's investor website, which will remain accessible for 30 days post-event. Clear Channel Outdoor is a leader in the out-of-home advertising industry, known for its expansion of digital advertising and data-driven solutions that enhance campaign effectiveness across 500,000 displays in 25 countries.
The Port Authority of New York and New Jersey and Clear Channel Airports announced a new all-digital media network at LaGuardia's Terminal C, part of a broader modernization effort across major airports. The contract, signed in November 2020, focuses on enhancing advertising infrastructure with over 95% of the investment going into digital displays. Key features include large LED displays and video walls, designed to captivate travelers as air travel rebounds. This initiative aims to improve the advertising environment as business and leisure travel increase, creating opportunities for brands to engage with passengers.
Clear Channel Outdoor Holdings (NYSE: CCO) will hold its inaugural Investor Day on September 8, 2022, in New York City, starting at 9:00 a.m. Eastern Time. The event features presentations from CEO Scott Wells and CFO Brian Coleman, focusing on the company’s strategy, financial outlook, and technology's role in transforming the business. A live webcast will be available on the Investor Relations Website, with a replay to follow. This event marks a significant step in enhancing financial transparency and engaging stakeholders in the company's future plans.
Clear Channel Outdoor Holdings reported a strong second quarter for 2022, with consolidated revenue surpassing expectations. Revenue in the Americas rose by 27.4% to $346.1 million, while Europe saw a 13.4% increase, reaching $280.3 million. Notably, revenue excluding foreign exchange effects grew by 27.8% to $315.8 million in Europe. The company is focused on optimizing its European assets and expects third-quarter consolidated revenue between $625 million and $645 million.
AdQuick.com has partnered with Clear Channel Outdoor (CCO) to automate outdoor inventory selection, allowing for real-time data on printed and digital display availability. This collaboration aims to enhance the efficiency of Out-of-Home (OOH) advertising campaigns, enabling marketers to make quick and informed decisions. Matthew O'Connor, CEO of AdQuick, highlights the need for marketing agility in today's fast-paced environment. The partnership reflects CCO's commitment to integrating digital capabilities to meet client needs and streamline media buying processes.
Clear Channel Outdoor Holdings, Inc. (CCO) announced the release of its 2022 second quarter results on August 9, 2022, before market open at 7:00 a.m. ET. A conference call will follow at 8:30 a.m. ET to discuss the results. Investors can connect via the designated conference call numbers or through a live audio webcast available on the Company's website. Relevant earnings materials will be accessible online post-release, providing insights into financial metrics and performance measures.
Clear Channel Airports (CCA) has launched a cutting-edge digital advertising program in partnership with Signature Flight Support, aimed at reaching high-net-worth air travelers in private aviation terminals across major U.S. cities like New York, Los Angeles, Miami, and Chicago. This initiative follows a March 2020 agreement for a five-year exclusivity in advertising at over 130 private terminals. The digital network features advanced LED displays and custom messaging capabilities, enhancing brand engagement and offering advertisers valuable ROI opportunities.
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Clear Channel Outdoor (CCO) announced its innovative Showcase Shelters, a modern approach to out-of-home advertising, offering brands customizable displays for enhanced consumer engagement. Strategically located in high-traffic urban areas like San Francisco and Washington, D.C., these shelters use digital audience insights for targeted marketing through tools like RADARView®. The shelters promote immersive campaigns, including a collaboration with No Kid Hungry to raise awareness about childhood hunger. This reinvention meets the demands of modern marketing as consumer mobility increases.