Landlords and easement companies are being more aggressive about adding onerous clauses t0 leases and easements. Here are two nevers when negotiating a lease or an easement. Never agree to give your billboard to the landlord or easement holder when the lease expires or terminates. A steel monopole billboard has […]
Billboard Loans Blog
Outdoor Billboard Electricity Costs
I finance static billboards, trivisions and digital signs. Here are my estimates of what it costs per month to light a billboard based on a review of my own records and discussions with sign manufacturers: Two Sided Static 14 by 48 billboard – $100/month. Two Sided 14 by 48 Trivision […]
Outdoor Values June 2015
Public company valuations declined by about 4% during the second quarter of 2015 as can be seen in the Table Below. The three large public outdoor companies were valued at 4.3 times revenue and 13.6 times cash-flow at June 30, 2015. Clear Channel trades at a much lower valuation than […]
Five Questions for Matt Schulze, Selective Structures
Matt Schulze is a partner at Selective Structures, an Athens Tennessee company which fabricates and installs sign poles, billboards, scoreboards and digital signs. Selective Structures annually fabricates over 1000 billboards each year. You can contact Matt at [email protected], 706-473-3250. 1. Matt, how did you get in the outdoor business? My first media sales job […]
US Outdoor Revenues up 4.7% in 1Q 2015
The US outdoor advertising industry got off to a strong start in 2015 with 4.7% revenue growth in the first quarter of 2015 according to the OAAA. Revenue growth occurred in billboard, transit and street furniture and in 9 of the 10 product categories . The improvement in outdoor revenues […]
Four Things Your Outdoor Advertising Website Needs
I review lots of outdoor websites, and the best sites have at least four things in common. 1. Contact Information: A good website should give an email address, phone number, and physical address for the company. Contact forms are used by a number of sites, but though they offer convenience, they lack the […]
How Do You Power a Sign Without Power?
One of our clients owns a billboard in an area without power, where it would cost $11,000 just to bring power in to the sign. His solution was to use solar energy. He put together a system using regular 95 watt LED lights, two 6-volt batteries, and two solar panels. […]
A digital sign installation goes wrong.
This May 12, 2015 daily mail article talks about a woman injured when a Clear Channel digital sign fell on her in London. The digital sign was attached to a brick building rather than a monopole. Looks to me like the sign pulled right off the bricks. Digital signs are […]
Is Landmark Dividend a Threat?
Several of our clients have been asking us about Landmark Dividend. Landmark Dividend (https://www.landmarkdividend.com/) and its public subsidiary Landmark Infrastructure Partners (http://www.landmarkmlp.com/index.html), focus on acquiring ground leases for billboards, towers, and wind turbines. Landmark is aggressively seeking to purchase billboard leases from land owners for typically 8-10 times annual lease […]
Five Questions for Darrin Friskney, Watchfire
Watchfire recently announced a ten-year uniformity guarantee and replacement parts warranty on their MX Class digital billboards. You can read the press release here. I interviewed Darrin Friskney, Vice President of Digital Outdoor and Marketing to learn more. Darrin’s contact info is: [email protected], (317) 650-7301 1. Darrin, tell us a little […]
