| Market Capitalization (Millions $) |
1,186 |
| Shares
Outstanding (Millions) |
498 |
| Employees |
1,900 |
| Revenues (TTM) (Millions $) |
1,644 |
| Net Income (TTM) (Millions $) |
-86 |
| Cash Flow (TTM) (Millions $) |
-204 |
| Capital Exp. (TTM) (Millions $) |
73 |
Business Description
Clear Channel Outdoor Holdings, Inc. is a worldwide out-of-home advertising corporation with a substantial presence in the United States and Europe. We provide tailored advertising solutions through our asset portfolio of roadside billboards, urban street furniture, airport advertising displays, and other displays, which includes over 500,000 print and digital displays in 23 countries. By leveraging the scale, reach and flexibility of our diverse portfolio of assets, we connect advertisers with millions of consumers every month. We believe we are at the forefront of driving innovation in the out-of-home advertising industry, and our dynamic advertising platform is broadening the pool of advertisers using our medium through the expansion of digital displays and the integration of data analytics and programmatic capabilities that deliver measurable campaigns that are simpler to buy.
By leveraging the scale, reach and flexibility of our diverse portfolio of assets, we connect advertisers with millions of consumers every month. We believe we are at the forefront of driving innovation in the out-of-home advertising industry, and our dynamic advertising platform is broadening the pool of advertisers using our medium through the expansion of digital displays and the integration of data analytics and programmatic capabilities that deliver measurable campaigns that are simpler to buy.
We believe out-of-home advertising enjoys a strong and unique position in the media mix. With over 90% of Americans on the road each week, according to data provided by Scarborough Research in 2022, out-of-home offers advertisers a cost-effective advertising medium to reach consumers along their daily journeys in ways that can drive measurable results. Out-of-home's large, creative canvases and access to distinctive features, including three-dimensional embellishments, lighting effects and more, provide advertisers an impactful way to tell brand stories. Out-of-home can also provide iconic, strategic locations, with some advertisers maintaining long-term positions to protect their access to key locations. Further, out-of-home can be planned and executed as both a hyper-local, targeted medium and as a scaled, mass-reach medium.
The out-of-home industry is in the midst of a technology-driven transformation, in both format and how it is sold. Modern marketers are looking to target and reach the right audiences with flexibility to change messaging quickly, measure and understand its impact, and to do so with speed, simplicity and transparency. With the growth of digital media and use of audience data, advertisers are able to effectively reach their consumers by selecting the out-of-home inventory that is most likely to be seen by their target audiences, while also being able to alter advertising messages based on environmental conditions, including time of day and weather, breaking news, changes to advertising strategies and other factors, making their advertising messaging more relevant and effective to their target audiences.
Company Address: 4830 North Loop 1604 West, San Antonio, 78249 TX
Company Phone Number: 547-8800 Stock Exchange / Ticker: NYSE CCO
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