Lamar Advertising: one of the largest outdoor advertising companies in North America
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Here I would like to introduce you to some unfamiliar companies that you may probably haven't heard of, and hope it can be of some help to your investments.
The company I'm going to introduce this time is $Lamar Advertising(LAMR)$.
[Company Profile]
Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 357,500 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day.
[History & Events]
1902: Lamar Advertising Company was founded by J.M. Coe and Charles W. Lamar.
1908: The Company became independent under its current name in Pensacola, Florida
1973: The original company and its acquired companies, totaling 13, were organized into the Lamar Corporation
1983: Lamar gained total ownership of all of its 15 affiliated partnerships. It also acquired Creative Displays, Inc., which added another ten billboard markets to the company's total
1988:Lamar entered the business of fabricating interstate logo signs, winning a contract from the State of Nebraska in Reilly's initial year and eventually expanding to become the principal provider of logo signs in the United States
1996:The company went public, making an initial stock offering in August
1996: Lamar purchased FKM Advertising
2004: Lamar acquired Obie Media Corporation of Eugene, Oregon, adding 250 faces to its Washington and Idaho regions
2016: Lamar purchased advertising rights in five major American markets from Clear Channel Outdoor for $458.5 million
2021: Lamar Advertising Announceed Acquisition of Colossal Media
[Main Business Segments]
[Net Income & Total Revenue]
[Competitors]
$Clear Channel Outdoor Holdings Inc(CCO)$
Digitale Medier 1881
ePromos Promotional Products
VSA Partners
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