Outfront Media

Captivate Announces Leigh Lowery as CRO, Unveils April Brand Refresh

Retrieved on:

Tuesday, April 9, 2024

Growth, Woman, SVP, Influence, News, Female, Human, Outfront Media, Senior, OOH, CBS

Lowery rejoins the team as a Captivate veteran and an industry vanguard, with over 25 years of experience as an executive leader.

Key Points:

Lowery rejoins the team as a Captivate veteran and an industry vanguard, with over 25 years of experience as an executive leader.
During her first tenure with Captivate, Lowery served as SVP of National Sales, driving record-breaking sales to achieve Region of the Year for three consecutive years.
She now reprises her role at Captivate as CRO, heralding a new era for Captivate amid the launch of an evolved brand position.
"Matching the spirit of our brand refresh, we are doubling down on the things that have made Captivate successful.

OUTFRONT Media Continues to Push Digitization of OOH Forward with Significant Expansion of Programmatic Transit Advertising in NYC

Retrieved on:

Tuesday, March 19, 2024

Digital marketing, Ability, National Basketball Association, DSP, Face, Digital, The Trade Desk, Talon, MTA, Marketing, Outfront Media, NBA scoring leaders, OOH, OUTFRONT, DOOH, NBA, Metro-North Railroad, Tunnel

NEW YORK, March 19, 2024 /PRNewswire/ -- OUTFRONT Media (NYSE:OUT), one of the largest out of home media (OOH) companies in the U.S., continues to be at the forefront of innovation and digitization in the industry with the expansion of programmatic capabilities in transit advertising. The company is actively expanding its rollout of programmatic in New York City's MTA system, which will cover nearly all of the MTA's subway stations – with the potential to reach more than four million daily trips from New Yorkers and tourists – along with commuter rail stations in the surrounding areas.

Key Points:

In 2023, OUTFRONT conducted a successful pilot launch of programmatic capabilities on over 900 Digital and Video Urban Panels (DUPs/VUPs) outside MTA subway entrances and exits.
With this rollout, advertisers will also be able to programmatically access thousands of Liveboards inside stations.
"OUTFRONT was able to make it a seamless process within our DSP and to provide clear value for our media investment."
To learn more about how brands can benefit from OUTFRONT's programmatic transit advertising network, watch this video .

OUTFRONT Media Celebrates Black History Month with Inspiring OOH Campaigns, Ad Age Partnership, and Community Collaborations

Retrieved on:

Monday, February 5, 2024

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- OUTFRONT Media (NYSE:OUT), one of the largest out-of-home media (OOH) companies in the U.S., is proud to announce its extensive plans for Black History Month.

Key Points:

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- OUTFRONT Media (NYSE:OUT), one of the largest out-of-home media (OOH) companies in the U.S., is proud to announce its extensive plans for Black History Month.
This year's celebration features inspiring out of home (OOH) initiatives, a renewed partnership with Ad Age for the Black Creative Excellence Campaign, and impactful collaborations with communities committed to preserving and promoting Black history.
For the second consecutive year, OUTFRONT is partnering with Ad Age for its annual Black History Month feature celebrating Black creative excellence, which debuted on February 1.
'Moments in Culture' celebrates Black History Month with the series Visions of Black Masculinity.

OUTFRONT Media Announces Pricing of Senior Secured Notes Offering

Retrieved on:

Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) today announced that two of its wholly-owned subsidiaries priced a private offering of $450.0 million in aggregate principal amount of 7.375% Senior Secured Notes due 2031 (the "notes").

Key Points:

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) today announced that two of its wholly-owned subsidiaries priced a private offering of $450.0 million in aggregate principal amount of 7.375% Senior Secured Notes due 2031 (the "notes").
The offering is expected to close on November 20, 2023, subject to customary closing conditions.
OUTFRONT Media intends to use the net proceeds from the notes offering to redeem all of its outstanding 6.250% Senior Notes due 2025 (the "2025 notes") and to pay accrued and unpaid interest on the 2025 notes, if any, to, but excluding, the redemption date, to pay fees and expenses in connection with the notes offering and the 2025 notes redemption; and for general corporate purposes, which may include the repayment, refinancing, redemption or repurchase of existing indebtedness.
The notes will be guaranteed on a senior secured basis by OUTFRONT Media Inc. and each of its direct and indirect subsidiaries that guarantees its senior credit facilities.

OUTFRONT Media Reports Third Quarter 2023 Results

Retrieved on:

Thursday, November 2, 2023

Transit, Adjustment, Metropolitan Transportation Authority, MTA, International, Public expenditure, Corporation, FFO, Outfront Media, External commercial borrowing, Overalls, OIBDA, Administration, Letter, Music, Insurance, Cryptocurrency, Life insurance

Reported revenues of $454.8 million increased $1.1 million, or 0.2%, for the third quarter of 2023 as compared to the same prior-year period.

Key Points:

Reported revenues of $454.8 million increased $1.1 million, or 0.2%, for the third quarter of 2023 as compared to the same prior-year period.
Net Income Attributable to OUTFRONT Media Inc.
Net income attributable to OUTFRONT Media Inc. decreased $23.8 million, or 58.3%, in the third quarter of 2023 compared to the same prior-year period.
Net income attributable to OUTFRONT Media Inc. per common share for diluted earnings per weighted average share was $0.09 in the third quarter of 2023 compared to $0.23 in the same prior-year period.
AFFO attributable to OUTFRONT Media Inc. decreased $10.8 million, or 12.5%, in the third quarter of 2023, compared to the same prior-year period, due primarily to higher interest expense and lower Adjusted OIBDA.

OUTFRONT Media to Divest its Canadian Business to Bell Media

Retrieved on:

Monday, October 23, 2023

Astral, Male, Sport, Sale, NYSE, Outfront Media, BCE, Senior, LLP, Bell Media, Cravath, Swaine & Moore, Solomon Partners, TSX, OUTFRONT, Blake, Cassels & Graydon

NEW YORK and TORONTO, Oct. 23, 2023 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) and Bell Media announced today that they have entered into an agreement to sell the Canadian business of OUTFRONT Media to Bell Media, a wholly-owned subsidiary of BCE (TSX, NYSE: BCE).

Key Points:

NEW YORK and TORONTO, Oct. 23, 2023 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) and Bell Media announced today that they have entered into an agreement to sell the Canadian business of OUTFRONT Media to Bell Media, a wholly-owned subsidiary of BCE (TSX, NYSE: BCE).
As of December 31, 2022, OUTFRONT Media's Canadian business operated 9,325 total displays in the country and generated revenues of U.S. $91.9 million during that year.
While we will miss our Canadian colleagues, we know the business we have built together will be in excellent hands with Bell Media."
National Bank Financial Inc. is acting as financial advisor to Bell Media and Blake, Cassels & Graydon LLP is acting as legal advisor.

Oracle Adds AI Capabilities to Oracle Analytics Cloud

Retrieved on:

Wednesday, September 20, 2023

Cloud, Partnership, Life, Synthetic media, Microsoft, Outfront Media, Slack, Machine learning, Oracle Cloud, AI, PDF, OCI, JPEG, News, Organization, Sales, Oracle, Synthesia

LAS VEGAS, Sept. 20, 2023 /PRNewswire/ -- Oracle CloudWorld -- Oracle today showcased new AI-powered capabilities within Oracle Analytics Cloud. Leveraging the Oracle Cloud Infrastructure (OCI) Generative AI service, the new capabilities assist analytics self-service users to more quickly and efficiently conduct sophisticated analysis and make better business decisions without having to wait for data scientists or IT teams.

Key Points:

LAS VEGAS, Sept. 20, 2023 /PRNewswire/ -- Oracle CloudWorld -- Oracle today showcased new AI-powered capabilities within Oracle Analytics Cloud.
"We are working to solve this problem with the introduction of new AI-powered analytics and generative AI interactions in Oracle Analytics Cloud.
These insights help users understand the meaning of the data without additional interpretation extending the augmented analytics already offered by Oracle Analytics Cloud.
"The AI capabilities within Oracle Analytics Cloud help our employees and managers engage with data more naturally and get the answers they need in an efficient and timely manner," said Derek Hayden, senior vice president, Data Strategy and Analytics, OUTFRONT Media.

OUTFRONT Media Celebrates Hispanic Heritage Month with "Pages of Hispanic Heritage" Campaign in Partnership with Lil' Libros

Retrieved on:

Thursday, September 14, 2023

National Hispanic Heritage Month (United States), Mexican Americans, NYSE, OOH, Libros, Illustrator, Partnership, Lil, Outfront Media, Hispanic and Latino Americans, Cultural diversity, Lil' Libros

The campaign launches in celebration of Hispanic Heritage Month from September 15 to October 15.

Key Points:

The campaign launches in celebration of Hispanic Heritage Month from September 15 to October 15.
Hispanic Heritage Month recognizes and celebrates the contributions of Hispanic and Latino Americans.
OUTFRONT Media is taking a unique approach by spotlighting talented Lil' Libros authors on digitals billboards across the United States.
The "Pages of Hispanic Heritage" campaign seeks to amplify their voices and showcase their inspiring work on a national scale.

Billups Appoints Former Yahoo Executive Stephanie Gutnik as Global Chief Strategy Officer

Retrieved on:

Wednesday, September 13, 2023

Billups , a global Out-of-Home (OOH) technology and managed services company, today announced the appointment of Stephanie Gutnik as global chief strategy officer.

Key Points:

Billups , a global Out-of-Home (OOH) technology and managed services company, today announced the appointment of Stephanie Gutnik as global chief strategy officer.
“With 20 years of unparalleled OOH expertise and innovation, Billups is the gold standard for OOH planning, activation, and measurement.
She also previously ran marketing for Broadsign and worked in advertising sales at News Corp.
"Stephanie's appointment to our leadership team marks a pivotal moment in Billups' journey,” said Billups chief executive officer David Krupp.
Together, Krupp, Gutnik and the global team at Billups aim to redefine the boundaries of OOH advertising, blending innovation with strategic, data-backed insights to drive unparalleled growth and engagement in the industry.

COMMEMORATING NYC AS BIRTHPLACE OF HIP HOP, OUTFRONT MEDIA CELEBRATES GENRE'S 50TH ANNIVERSARY WITH MUSIC AND VIDEO CONTENT IN TRANSIT SYSTEM ACROSS THE CITY

Retrieved on:

Thursday, August 17, 2023

OUTFRONT, What a Life (EP), Music, Hip hop (culture), Hip hop music, OOH, QR, Outfront Media, NYSE, Nightclub, The Bronx

NEW YORK, Aug. 17, 2023 /PRNewswire/ -- Hip Hop was born at a party in The Bronx 50 years ago. Now, the subway in The Bronx and all five New York boroughs will be treated to an anniversary celebration for the musical revolution that shook the world. Talk about full circle!

Key Points:

OUTFRONT Media (NYSE:OUT), one of the largest out-of-home media (OOH) companies in the U.S., is commemorating the birth of this cultural phenomenon on digital displays throughout the NYC subway system.
Creative for the campaign themed "This is What Hip Hop Sounds Like" was produced by the company's in-house creative boutique OUTFRONT Studios.
Hip Hop video memories were shared via Moments by OUTFRONT , our award-winning content platform.
OUTFRONT Media chose to run the campaign in the subway system as it has set the stage for much of Hip Hop's cultural influence either through song lyrics or video content.