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 Americas (CCOA) has partnered with Resorts World Las Vegas to launch an innovative advertising platform featuring over 135,000 square feet of digital signage. This collaboration aims to target leisure and business travelers, enhancing brand visibility through three major digital displays, including the largest exterior LED building display in the U.S. CCOA emphasizes its commitment to revitalizing tourism and business travel in Las Vegas, marking a significant step in the recovery post-COVID. The digital displays will allow brands to create captivating campaigns along the iconic Las Vegas Strip.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) will announce its first quarter 2021 financial results on May 10, 2021, before the market opens. The earnings release will be made available by 7:00 a.m. Eastern Time, followed by a conference call at 8:30 a.m. Eastern Time to discuss the results. Investors can access the call at 877-665-6356 (U.S.) or 270-215-9897 (International) using access code 3867564. A live audio webcast will also be available on the Company's website, alongside related earnings materials post-release.
Clear Channel Outdoor (CCO) announced its Q4 2020 financial results, showing a 25.3% revenue decline in the Americas, totaling $257.8 million, and a 17.9% dip in Europe, at $268.4 million. Adjusted EBITDA fell 35.4% and 43.2% respectively. The resurgence of COVID-19 impacted mobility and advertising, leading to lower revenues. The company emphasized its digital transformation and cost-cutting measures to enhance liquidity, reporting $785.3 million cash on hand. Guidance for Q1 2021 indicates further revenue declines due to ongoing pandemic effects.
Clear Channel Outdoor Holdings (NYSE: CCO) will present at the J.P. Morgan Global High Yield and Leveraged Finance Conference on March 3, 2021, at 8:30 a.m. ET. The session will include insights from CEO William Eccleshare, CFO Brian Coleman, and Scott Wells, CEO of Clear Channel Outdoor Americas. A live audio webcast will be accessible on their investor website and will be available for replay for 30 days. Clear Channel Outdoor, a leader in outdoor advertising, operates about 500,000 displays globally, including over 16,000 digital displays.
Clear Channel Outdoor Holdings (NYSE: CCO) will participate in a Q&A session at the Deutsche Bank Media, Internet and Telecom Conference on March 8, 2021, at 9:00 a.m. ET. CEO William Eccleshare and CFO Brian Coleman, along with Scott Wells, CEO of Clear Channel Outdoor Americas, will be featured. A live audio webcast will be available on the company’s investor website and can be replayed for 30 days. Known for its extensive portfolio of about 500,000 displays globally, Clear Channel is a leader in outdoor advertising.
Clear Channel Outdoor Holdings (NYSE: CCO) announced that CEO Scott Wells will participate in a Q&A session at the Morgan Stanley Media and Telecom Conference on March 1, 2021, at 3:30 p.m. ET. The session will be accessible via a live audio webcast on their investor website, with a replay available for 30 days. Clear Channel is a leading outdoor advertising company with around 500,000 displays across 31 countries, including over 16,000 digital displays internationally and more than 2,000 in the U.S. alone.
Clear Channel Outdoor Holdings has announced a $1 billion offering of 7.750% Senior Notes due 2028. The issuance is expected to close on February 17, 2021. Proceeds will be used to redeem $940 million of existing 9.25% Senior Notes due 2024 and cover related fees. The Notes will rank equally with all current senior debt but will be subordinated to secured debts. The offering is targeted at qualified institutional buyers and will not be registered under the Securities Act.
Clear Channel Outdoor Holdings announced a private offering of $1 billion in Senior Notes due 2028, intended to refinance existing debt by redeeming $940 million of its 9.25% Senior Notes due 2024. The offering is exempt from registration under the Securities Act, targeting qualified institutional buyers and non-U.S. investors. The Notes will be guaranteed by certain subsidiaries but will rank subordinate to existing secured debt. The company warns that various risks may affect the offering's consummation and terms.
