Ad Revenue GrowthThe economic environment appears relatively stable and expansionary, which can be supportive of continued growth in ad budgets.
Digital InvestmentsInvestments in digital boards and other facets have helped support ad spend levels, which have continued to grow despite challenges facing other traditional media.
Market PositioningClear Channel Outdoor Holdings has announced entry into a definitive agreement to sell their Europe North segment to Bauer Radio Limited for $625mn, or ~6.5x Adjusted EBITDA.