>>10186335 UK thread
>>10186379 UK thread
>>10186478 UK thread
UK ANON finds MITT ROMNEY link to CLEAR CHANNEL and BLACK BOX seen in Q LONDON PIC
LONDON PICS
CLEAR CHANNEL
MITT ROMNEY
Clear Channel Outdoor revenue falls short, shares skid
https://www.reuters.com/article/us-clearchannel-results/clear-channel-outdoor-revenue-falls-short-shares-skid-idUSBRE8A10TO20121102
Advertising companies such as Clear Channel, whose fortunes are closely tied to the health of the economy, have been warning of weak spending because of the euro zone crisis and slowing growth in China, but they have benefited from political advertising in the run-up to the U.S. Presidential election.
Bain Capital Partners LLC, co-founded by U.S. Presidential candidate Mitt Romney, is part of a private equity group that owns Clear Channel Communications Inc, which in turn controls 89 percent of Clear Channel Outdoor.
Clear Channel Outdoor, which sells advertising space on billboards, public transport and other outdoor venues, said growth in international revenue resulted mainly from strong demand in Australia, China, and from the Olympics in London.
Competitors include JC Decaux SA (JCDX.PA), CBS Corp’s CBS.N CBS Outdoor and Lamar Advertising Co (LAMR.O).