Ad Revenue GrowthAd revenues for OOH (Out of Home) are expected to have experienced solid growth, and this trend is expected to continue.
Digital InvestmentsDigital investments are a highlight of operations: Clear Channel Outdoor America added 18 digital billboards in the quarter and now operates 1,897 in total.
Strategic Asset SalesClear 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.