Welcome to our dedicated page for Clear Channel Outdoor Hldgs In news (Ticker: CCO), a resource for investors and traders seeking the latest updates and insights on Clear Channel Outdoor Hldgs In stock.
Clear Channel Outdoor Holdings Inc (NYSE: CCO) delivers innovative out-of-home advertising solutions through its global network of traditional and digital displays. This news hub provides investors and industry professionals with essential updates on corporate developments, technological advancements, and market strategies shaping the OOH advertising sector.
Access timely press releases covering earnings announcements, strategic partnerships, digital transformation initiatives, and operational expansions. Our curated collection helps stakeholders monitor CCO's progress in integrating programmatic advertising capabilities and expanding its high-traffic airport/urban displays.
Key focus areas include leadership changes impacting advertising technology roadmaps, sustainability efforts in physical infrastructure, and data-driven campaign measurement innovations. Bookmark this page for centralized access to verified updates about CCO's market positioning in the evolving media landscape.
Clear Channel Outdoor (NYSE: CCO) is partnering with the Afterschool Alliance and Usher's New Look for a nationwide digital billboard campaign supporting the 25th Annual Lights On Afterschool rally. The campaign, featuring superstar USHER, will run throughout October on nearly 2,000 digital billboards across the U.S.
The initiative aims to highlight the importance of afterschool programs, which provide hands-on learning, mentoring, homework help, STEM activities, and more. Despite high demand, with 25 million children wanting to enroll, many youth lack access to these programs. The campaign emphasizes the critical need for afterschool services, especially as federal pandemic relief funding ends.
Clear Channel Outdoor is donating prominent advertising spaces in 25 markets, including Times Square in New York City and South Street Station in Boston, to display afterschool messages and raise awareness about the benefits of these programs.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) has announced its schedule for the release of 2024 third quarter results and the accompanying conference call. The company will release its results before the market opens on Thursday, October 31, 2024, by 7:00 a.m. This will be followed by a conference call to discuss the results at 8:30 a.m. Eastern Time.
Interested parties can access the conference call by dialing 866-424-3432 (for United States callers) or +1 215-268-9862 (for international callers). Additionally, a live audio webcast of the call will be available on the company's website under the "Events & Presentations" section. The earnings materials, including reconciliations of non-GAAP to GAAP financial measures, will be accessible on the "Financial Info" section of the website by 7:00 a.m. Eastern Time.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) has appointed Tim Jones to its Board of Directors, effective immediately. Jones will serve as an independent director and join the Audit and Compensation Committees. This appointment expands the Board to eleven members, with ten being independent.
Jones brings over three decades of advertising experience to the role. He previously served as Chief Operating Officer (U.S. Marketing Services) of Publicis Groupe from 2021 to 2023, and as CEO of Publicis Media U.S. / Americas from 2016 to 2020.
The company expects Jones' expertise in advertising, digital marketing, and management to contribute to its strategic goals, including monetizing technology and broadening revenue streams in higher-margin U.S. assets.
Clear Channel Outdoor (NYSE: CCO) has partnered with Circana to enhance Out-of-Home (OOH) advertising measurement for consumer packaged goods (CPG) brands. This collaboration integrates CCO's RADAR® platform with Circana's Media solutions, enabling CPG advertisers to effectively target audiences and measure OOH campaign impact on key business objectives. The partnership provides insights across various CPG categories and allows measurement of specific product purchases and incremental sales.
Recent case studies have shown significant results:
- A dish detergent brand campaign drove an 11.3% lift in shopping experiences and attracted 43% new category buyers
- A light beer campaign resulted in 36% of purchases from new customers
This innovation aims to bring more CPG brands into the OOH space by delivering measurable results and value for advertisers.
Clear Channel Outdoor Holdings (NYSE: CCO) has announced its participation in Deutsche Bank's 32nd Annual Leveraged Finance Conference. The event is scheduled for Tuesday, September 24, 2024, at 9:20 a.m. Mountain Standard Time. Representing the company will be David Sailer, Chief Financial Officer, and Jason Menzel, Senior Vice President, Treasurer.
Investors and interested parties can access the live audio webcast of the presentation, as well as a replay, through Clear Channel Outdoor Holdings' investor website at https://investor.clearchannel.com/. This conference provides an opportunity for the company to engage with investors and discuss its financial strategies and performance.
Clear Channel Outdoor Holdings (NYSE: CCO) has announced that its top executives will be participating in Citi's 2024 Global TMT Conference. CEO Scott Wells and CFO David Sailer are scheduled to present on Friday, September 6, 2024, at 8:20 a.m. Eastern Time.
This presentation offers investors and analysts an opportunity to gain insights into Clear Channel Outdoor's strategies and performance. The company, a leader in outdoor advertising, will make the presentation accessible to a wider audience through a live audio webcast. For those unable to attend or listen live, a replay will be available on Clear Channel Outdoor's investor website.
This event underscores Clear Channel Outdoor's commitment to transparency and engagement with the financial community, potentially impacting investor sentiment and stock performance.
Clear Channel Outdoor Holdings (NYSE: CCO) reported Q2 2024 results with consolidated revenue of $559 million, up 5.2% year-over-year. The company saw growth across its America, Airports, and Europe-North segments. Airports revenue surged 21.4%, while Europe-North revenue increased by 9.9%. Despite revenue growth, the company reported a loss from continuing operations of $48.3 million.
CCO has increased its full-year 2024 guidance for consolidated revenue, Adjusted EBITDA, and AFFO. The company expects full-year consolidated revenue between $2,215 million and $2,275 million, representing 4-7% growth. Adjusted EBITDA is projected to be $560-$590 million, up 5-10% year-over-year.
Clear Channel Outdoor Holdings (NYSE: CCO) announced the release date for its 2024 second quarter financial results. The company will publish its earnings report before the market opens on August 7, 2024, at 7:00 a.m. Eastern Time, followed by a conference call at 8:30 a.m. Eastern Time to discuss the results. Investors can dial in at 866-424-3432 (U.S.) or +1 215-268-9862 (international). A live audio webcast and replay will be available on the company's website. Additionally, related earnings materials, including reconciliations of non-GAAP to GAAP financial measures, will be accessible on the website.
The Ad Council and Project Yellow Light have announced the winners of their 2024 scholarship competition, which encourages students to create PSAs on the dangers of distracted driving. The contest received nearly 3,000 submissions from students nationwide. Winning entries will be displayed on a Times Square billboard and in space donated by Clear Channel Outdoor (CCO). Scholarships are supported by CCO and Elephant Insurance. In 2022, 3,308 people died and 289,310 were injured in crashes involving distracted drivers, highlighting the importance of this initiative.
This year's entries were judged by prominent figures from the advertising and entertainment industries, including Aloe Blacc and Kweku Mandela. The contest emphasizes messages created by students for students, aiming to reduce distracted driving among teens and young adults.
Clear Channel Outdoor's Airports Division has partnered with Visit Annapolis & Anne Arundel County (VAAAC) to launch a 16-month advertising campaign at Baltimore/Washington International Thurgood Marshall Airport (BWI). This campaign, beginning in June, will utilize over 20 digital screens and the concourse tunnel, reaching an estimated 27 million travelers annually. BWI, which served 26.2 million passengers in 2023, is projected to see record-high travel numbers this summer. This marketing effort aims to enhance Annapolis's visibility and attract more visitors, coinciding with an expected 6.3% increase in U.S. airline passengers this summer.
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