Lamar Suffering Less Than CBS, Clear Channel in Billboard Storm
By Jim Edwards | August 13th, 2009 @ 7:32 am
BNET bashed Lamar Advertising recently for turning away clients whose opinions it doesn’t like even while its revenues fall. But a comparison of Lamar and its competitors, CBS Outdoor* and Clear Channel Outdoor, shows that Lamar may be weathering the recessionary storm better than its larger foes. Check the numbers:
* Name, Q2 2009 Revenues, % Change
* Clear Channel, $692 million, -24 percent
* CBS Outdoor, $434 million, -27 percent
* Lamar Advertising, $275 million, …