Browse: Home / cbs outdoor
By Stephen Foster on February 20, 2013
CBS is trying to sell its CBS Outdoor out of home business outside the US (in the US it’s been changed into a real estate investment trust) and US company VeriFone is tipped as a likely bidder. VeriFone claims to the world leader in point of sale payment systems and already work in partnership with [...]
Posted in Finance, Media, News | Tagged CBS, cbs outdoor, london underground, loss-making digital network, taxi media, verifone
By Stephen Foster on January 17, 2013
CBS CEO Leslie Moonves (pictured) has confirmed that he wants to offload its outdoor business outside the US (including the UK) while it plans to turn itself into a REIT, essentially a property investment company, in its home market. REITs enjoy various tax advantages so Moonves is evidently betting on this producing a much-needed rise [...]
Posted in Agencies, Finance, Media, News, Research | Tagged cbs outdoor, groupm, kantar, kinetic, lamar advertising, Leslie Moonves, london underground, posterscope, reits, sale, Sir Martin Sorrell, tenth avenue, WPP
By Stephen Foster on November 9, 2012
Former CBS Outdoor executive Danielle Klein is launching a new outdoor company 7 Heaven targeting the world’s fat cats who travel by private jet. She reckons there a four million private jet journeys in Europe, the Middle East and Africa and 7 Heaven’s first product is a network of 250 screens in 165 private jet [...]
Posted in Clients, Media, News | Tagged 7 heaven, cbs outdoor, Danielle Klein, davos, monaco, outdoor media company, private jet passengers
By Staff on May 17, 2012
The management team of Ocean Outdoor, backed by LDC Capital (part of Lloyds Banking Group), has bought the company from its early stage investors, Smedvig Capital and others, for an undisclosed sum. This means that Ocean Outdoor will stay independent and be able to expand its holding of super premium large format digital and banner [...]
Posted in Finance, Media, News | Tagged cbs outdoor, Clear Channel, company sale, Damian Cox, Daniel Sasaki, JC Decaux, ldc, lloyds development capital, ocean outdoor, smedvig capital, Tim Bleakley, Tom Goddard
By Staff on May 4, 2012
More strife has emerged in the ever-interesting UK outdoor industry with Alastair Lines of Canary Wharf Media accusing industry trade body the Outdoor Media Centre of overplaying the benefit new digital sites are bringing to the wider industry, neglecting the promotion of traditional outdoor formats (still the vast majority) and including what he calls the [...]
Posted in Agencies, Clients, Finance, Media, News, Research | Tagged active, aegis, Alastair Lines, asus, barter companies, canary wharf media, cbs outdoor, Clear Channel, ipm, JC Decaux, Mike Baker, miroma, office of fair trading, omc, omnicom, outdoor media centre, postar research system, q1 outdoor revenue, uk outdoor market, vast commissions, WPP
By Staff on September 20, 2011
The city of Los Angeles is suing Beverley Hills poster company SkyTag for ‘millions of dollars’ in the latest round of its battle to rid the city of huge ‘supergraphic’ posters which it claims are both dangerous (to office inhabitants and drivers) and illegal. LA recently won a court case and $1.4m against poster giant [...]
Posted in Clients, Media, News | Tagged beverley hills, cbs outdoor, damages, hollywood sign, illegal posting, los angeles, Michael McNeill, planning disputes, posters, skytag, supergraphics
By Staff on September 7, 2011
CBS Outdoor is suing London Underground owner Transport for London over its alleged mismanagement of the £1.5bn tube advertising contract CBS ‘won’ in 2006. Among the things CBS failed to anticipate were upgrading engineering works for the ageing system, modernisation of some key central London stations as part of the Crossrail project and the more [...]
Posted in Finance, Media, News | Tagged cbs outdoor, crossrail, Kevin Shute, kinetic, london underground, media buying, poster publicity, rainmaker, themediabriefing, transport for london, WPP, £1.5bn tube advertising contract
By Stephen Foster on August 26, 2011
Back in 2006 (two years before the recession struck in the UK and elsewhere) CBS outdoor signed an eight and a half year deal with London Underground to instal digital screens in flagship Tube stations like Oxford Circus. In return CBS guaranteed London Underground operating company Transport for London (TFL) about £70m a year from [...]
Posted in Finance, Media, News | Tagged 2012 olympics, carlton cinema advertising, cbs outdoor, digital screens, JC Decaux, london underground, maiden outdoor, Mark Chippendale, Mike Moran, oxford circus, pearl & dean, revenue guarantees, transport for london, tube advertising contract
By Stephen Foster on June 30, 2011
CBS Outdoor, the one-time Viacom company that is now going it alone with a ‘for sale’ sign on the door, has dispensed with the services of UK managing director Mike Moran and commercial director Mark Chippendale. Jason Cotterell, who negotiated the company’s (so far) successful deal with Westfield, is taking over. CBS Outdoor has lost [...]
Posted in Media, News | Tagged cbs outdoor, Clear Channel, digital, Jason Cotterell, JC Decaux, kinetic, london underground, Mark Chippendale, Mike Moran, outdoor advertising, oxford circus, posters, posterscope, tube posters, viacom
By Staff on May 4, 2011
Of course the second is only relevant if the first, selling the outdoor business, doesn’t happen. CBS CEO Les Moonves said last night that he hadn’t yet had a call from French outdoor giant JC Decaux wanting to buy the broadcast company’s global outdoor business but that he would take it when the company did [...]
Posted in Finance, Media, News | Tagged CBS, cbs outdoor, Clear Channel, JC Decaux, Les Moonves, london olympics, london underground, more o'ferrall, nike, transport for london
Recent Comments