Clear Channel Outdoor Holdings, Inc. recently reported its 2010 operating results. For the year just ended, the company reported its revenues grew by 4% to $2.8 billion. This represents a $100 million increase over the $2.7 billion reported for 2009, and is a direct result of an improved advertising environment, driven by the strengthening economy.
Mark Mays, CEO of Clear Channel Outdoor, was quoted as saying: “The global business environment improved as the year progressed, with many of our markets seeing increased demand from advertisers.”
More details here: (Full 4th Quarter Release)