News Details

By clicking on the “Accept” button, you hereby acknowledge that you have read and understood the following cautionary statement.

We have made statements in this presentation that are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the use of forward-looking terminology such as “believes,” “expects,” “could,” “would,” “may,” “might,” “will,” “should,” “seeks,” “likely,” “intends,” “plans,” “projects,” “predicts,” “estimates,” “forecast” or “anticipates” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. You can also identify forward-looking statements by discussions of strategy, plans or intentions related to our capital resources, portfolio performance and results of operations, including but not limited to the impact of the COVID-19 pandemic on our capital resources, portfolio performance and results of operations. Forward-looking statements involve numerous risks and uncertainties and you should not rely on them as predictions of future events. Forward-looking statements depend on assumptions, data or methods that may be incorrect or imprecise and may not be able to be realized. We do not guarantee that the transactions and events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: the severity and duration of the novel coronavirus (COVID-19) and any other pandemics, and the impact on our business, financial condition and results of operations; declines in advertising and general economic conditions, including declines caused by the COVID-19 pandemic; competition; government regulation; our ability to implement our digital display platform and deploy digital advertising displays to our transit franchise partners, including the impact of the COVID-19 pandemic; taxes, fees and registration requirements; our ability to obtain and renew key municipal contracts on favorable terms; decreased government compensation for the removal of lawful billboards; content-based restrictions on outdoor advertising; environmental, health and safety laws and regulations; seasonal variations; acquisitions and other strategic transactions that we may pursue could have a negative effect on our results of operations; dependence on our management team and other key employees; the ability of our board of directors to cause us to issue additional shares of stock without stockholder approval; certain provisions of Maryland law may limit the ability of a third party to acquire control of us; our rights and the rights of our stockholders to take action against our directors and officers are limited; our substantial indebtedness; restrictions in the agreements governing our indebtedness; incurrence of additional debt; interest rate risk exposure from our variable-rate indebtedness; our ability to generate cash to service our indebtedness; cash available for distributions; hedging transactions; diverse risks in our Canadian business; experiencing a cybersecurity incident; changes in regulations and consumer concerns regarding privacy, information security and data, or any failure or perceived failure to comply with these regulations or our internal policies; asset impairment charges for our long-lived assets and goodwill; our failure to remain qualified to be taxed as a real estate investment trust (“REIT”); REIT distribution requirements; availability of external sources of capital; we may face other tax liabilities even if we remain qualified to be taxed as a REIT; complying with REIT requirements may cause us to liquidate investments or forgo otherwise attractive opportunities; our ability to contribute certain contracts to a taxable REIT subsidiary (“TRS”); our planned use of TRSs may cause us to fail to remain qualified to be taxed as a REIT; REIT ownership limits; complying with REIT requirements may limit our ability to hedge effectively; failure to meet the REIT income tests as a result of receiving non-qualifying income; the Internal Revenue Service (the “IRS”) may deem the gains from sales of our outdoor advertising assets to be subject to a 100% prohibited transaction tax; establishing operating partnerships as part of our REIT structure; and other factors described in our filings with the Securities and Exchange Commission (the "SEC"), including but not limited to the section entitled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2019, filed with the SEC on February 26, 2020, and in our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2020, filed with the SEC on May 8, 2020. All forward-looking statements in this presentation apply as of the date of this presentation or as of the date they were made and, except as required by applicable law, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. This presentation may also include certain non-GAAP financial measures intended to supplement, not substitute for, comparable GAAP financial measures. Reconciliations of non-GAAP financial measures to GAAP financial measures are provided on our website at https://investor.outfrontmedia.com. Any hyperlinked content to a third-party website is the responsibility of the third-party website, and, except as required by applicable law, we disclaim liability for any inaccuracies, errors or omissions in or from any data or other information provided therein.

View all news

OUTFRONT Media Announces Out Of Home Partnership with Color Of Change Organization To Continue The Fight For Justice

17 May 2021
OUTFRONT Drives Home Company Purpose With Billboard Creative In Key Markets

NEW YORK, May 17, 2021 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE:OUT) is proud to announce a partnership with Color Of Change, the nation's largest online racial justice organization, to bring awareness of their mission to fight injustice towards people of color. The nonprofit organization, founded following Hurricane Katrina, is celebrating its 15th anniversary this year. The organization has been successful in reversing the wrongdoing towards people of color in various areas of business such as media, law enforcement, tech, and more.  

OUTFRONT's purpose to help people, places and businesses grow stronger, has become increasingly visible through a myriad of programs over the last year, and this partnership is an important piece of the company's continued commitment. OUTFRONT is providing billboard assets across the country to the Color Of Change which will showcase the first campaign, "Until Justice is Real". This creative highlights the need for people of all colors to do their part and demand accountability to end the practices that unfairly hold Black people back, while championing systematic solutions that move us all forward. The campaign will run in nine major cities across the country, each strategically chosen by Color Of Change.

OUTFRONT STUDIOS, OUTFRONT's in-house creative agency, collaborated with Color Of Change on the design and campaign execution. The powerful creative depicts different people of color with the words "Action Speaks" taped over their mouths; urging the public to join the movement and become a Color Of Change member and join this crucial fight to end injustice. The campaign is aimed to embolden all people to not remain silent against injustice and take a stand to protect communities from systemic bias ingrained in our institutions.

"The past year has brought the fight for racial justice into the forefront of American activism," said Amity Paye, Interim Chief Marketing Officer at Color Of Change, the largest online racial justice organization. "We're glad to be working with OUTFRONT to help even more people take action and find real racial justice solutions that will move our country forward. There is still so much work that still needs to be done for Black communities to have the justice, safety and protection we deserve. Awareness and statements of solidarity are just the first steps for anyone looking to change our country; what should always come next is action to implement practices and policies that combat systemic racism at all levels of society."

"We are thrilled to be partnering with Color Of Change on this initiative," said Jodi Senese, CMO of OUTFRONT. "Statements of support are a first step, but being able to use our assets for 'good' and in this case, awareness of the organization and their mission is a significant next step forward. Having a powerful, visual media platform allows us to give an amplified voice to important organizations."

For more information regarding this partnership, check out the Front Street episode, airing Tuesday, May 18. Special thanks to the production/printing companies who donated their services to this campaign: ABC Imaging, Circle Graphics, Direct Edge Denver, E.H. Teasley/Inkjet Printing International, Independent's Service, Kubin-Nicholson Corporation, Larger than Life (LTL), Midnight Oil, OAI Inc., and Vincent Printing.

About OUTFRONT Media Inc.
OUTFRONT leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.

Contact:


Investors:

Media:

Gregory Lundberg

Courtney Richards

Senior Vice President, Investor Relations

Senior PR & Events Specialist

(212) 297-6441

(646) 876-9404

greg.lundberg@OUTFRONT.com  

courtney.richards@OUTFRONT.com

 

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/outfront-media-announces-out-of-home-partnership-with-color-of-change-organization-to-continue-the-fight-for-justice-301292607.html

SOURCE OUTFRONT Media Inc.

Categories: Press Releases
View all news