CCO

Clear Channel Outdoor Holdings, Inc. is a leading out-of-home advertising company operating billboards, transit displays, street furniture, and spectaculars globally. The company owns and operates advertising displays in the United States, Europe, Latin America, and Asia, selling advertising space to local, regional, and national advertisers. Clear Channel Outdoor's portfolio includes static and digital billboards along highways and in urban areas, transit advertising on buses and trains, street furniture including bus shelters, and large-format spectaculars in high-traffic locations. The company generates revenues from advertising contracts sold directly to advertisers and through agencies. Headquartered in San Antonio, Texas, Clear Channel Outdoor was spun off from iHeartMedia (formerly Clear Channel Communications) and operates independently. The company benefits from long-term site leases, high-profile locations, and growing digital billboards offering dynamic content and higher revenue potential. Clear Channel faces challenges from high debt levels, pandemic impacts on out-of-home advertising, competition from digital advertising, and operational complexities across international markets. The company is working to reduce debt, grow digital billboards, and restore profitability.