This Week’s #AVJobs

August 18th, 2017

Andrew Neale

AV Jobs provide a highly specialist Recruitment Service for Audio Visual manufacturers, distributors and resellers.

They also work within the broadcast, events and unified communications industries providing quality and experienced staff at all levels – from board members through management, field service and sales, as well as on-site technical and sales people.

Their Consultants have experience within the AV industry and fully understand all areas from sales through system design and installation, hire and events, operations and service.

Here are this week’s selection of #AVjobs from them…

  • AUDIO VISUAL TECHNICAL PRODUCT MANAGER
    Job Type Permanent Full Time
    Location Greater London/Surrey
    Area Surrey, England City of London, England London South East, England London South West, England
    Sector Manager Manager – Product Marketing Marketing – Product
    Salary £45000 – £50000 Per Annum To £50k basic plus profit share
    Currency GBP
    Start Date ASAP
    Advertiser AV Jobs
    Job Ref AV18717
  • AUDIO VISUAL SALES ENGINEER
    Job Type Permanent Full Time
    Location Nottingham
    Area Derbyshire, England Leicestershire, England Nottinghamshire, England
    Sector SalesSales – Audio Visual Sales – Video Conferencing Sales – Collaborative Technology Sales – Unified Communications Sales – Residential Sales – Home Cinema Sales – Corporate Sales – Education Sales – Business Development Sales – Field Sales
    Salary £28000 – £30000 Per Annum £28k-£30k basic + car, profit share an
    Currency GBP
    Start Date ASAP
    Advertiser AV Jobs
    Job Ref AV19017
  • AUDIO VISUAL INSTALLATION ENGINEER
    Job Type Permanent Full Time
    Location Nottingham.
    Area Derbyshire, England Leicestershire, England Nottinghamshire, England
    Sector Engineer Engineer – Audio Visual Engineer – Installer Engineer – Video Conferencing Engineer – Home Cinema Engineer – Home Automation
    Salary £26000 – £29000 Per Annum £26k-£29k + company vehicle and profit
    Currency GBP
    Start Date ASAP
    Advertiser AV Jobs
    Job Ref AV18917

Creative Realities 2Q17 Financial Results

August 17th, 2017

Adrian J Cotterill, Editor-in-Chief

Creative Realities, Inc. (OTCQX: CREX) has announced its financial results for the quarter ended June 30, 2017.

Net revenues were $3.6 million in the second quarter of 2017, compared with $3.0 million in the same period last year. This represents an 18% increase over the same period last year.  Rick Mills, Chief Executive Officer, remarked, “This was a quarter of continued progress as this represents our third consecutive quarter of year-over-year growth.  We were awarded a $6.2 million contract in Q2 and expected to recognize an additional $2.0 million of revenue in this quarter, as announced in the Company’s press release dated June 28, 2017. However, due to timing issues with delivery by a third-party vendor, the revenue is being deferred at this time. While it’s disappointing not to recognize additional revenues in this quarter, our deferred revenues increased to $6.8 million. To be very clear, this is a timing/revenue recognition issue and in no way reflects on the continuing growth and expansion of the business.”

Second Quarter Financial Highlights

  • Revenues were $3.6 million for the three-month period ended June 30, 2017, an increase of 18% compared to the same period in 2016
  • Gross profit was $1.6 million for the three-month period ended June 30, 2017, a slight decrease of $100,000 from the corresponding period in 2016, due to increased investment in our business to accommodate our increased growth
  • Revenues were $10.0 million for the six-month period ended June 30, 2017, an increase of 83% compared to the same period in 2016
  • Gross profit was $4.5 million for the first half of 2017, up $1.6 million, or 56%, from the corresponding period in 2016
  • Net loss before income taxes was $1.2 million for the first half of 2017, an improvement of $1.1 million or 48%, compared to the same period in 2016
  • Deferred revenues increased to $6.8 million, an increase of 886% sequentially, primarily as a result of the receipt of a large order from a customer and the inability to recognize any revenue in this quarter related to that order
  • Cash on hand increased to $6.1 million on June 30, 2017 versus $3.4 million at March 31, 2017

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Billups Brings Division Black In-House

August 16th, 2017

Adrian J Cotterill, Editor-in-Chief

Billups has announced that its award winning brand experience company, Division Black, will be integrating its services and capabilities into the Billups portfolio.

Since 2014, Division Black has been operating as a stand-alone agency. Effective immediately, all Division Black operations and employees will be brought in-house to Billups.

Founder, Ben Billups told us “Division Black was originally designed to provide a more creative visual experience service to our clients beyond the day-to-day world of OOH media. It became apparent that we didn’t need two separate companies to service both OOH and brand experience.”

“The talent and opportunities in these spaces are naturally connected, so why not fold all that expertise under one umbrella. Division Black employees will integrate their talent and experience into Billups employees day-to-day tasks, and vice versa, as they continue to learn and grow from one another.”

All current Division Black clients will continue to interface with the same staff and services under the operation of Billups. Division Black clients include Oracle and Brand Jordan.

UK #DOOH Advertising Revenue grows 30% in Q2 2017

August 16th, 2017

Adrian J Cotterill, Editor-in-Chief

Outsmart, the trade body for the UK Out of Home industry has announced that Digital Out of Home advertising revenue reported for the quarter April to June 2017 is £127 million, which is a significant 30% increase on Q2 2016.

Digital now accounts for 46% of all Out of Home advertising revenue in the UK, an increase of 10 percentage points on Q2 2016.

The conversion of premium Classic Out of Home sites into Digital, coupled with advertiser adoption of the flexible, dynamic and creative opportunities offered by digital formats, is driving significant growth in Digital Out of Home.

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NA #OOH Advertising Up 1.5% in Q2 2017

August 16th, 2017

Maddie Cotterill

Out of home advertising revenue rose 1.5 percent in the second quarter of 2017 compared to the previous year, accounting for UAD 2.38 billion, based on figures released by the Outdoor Advertising Association of America (OAAA).

Year-to-date 2017 the OOH industry is up 1.0 percent, and outperformed all traditional local media, which was down the first half of 2017, according to an OAAA analysis of Kantar Media data.

OAAA President & CEO Nancy Fletcher told us “OOH continues to gain in media spend because of its contextual relevance, creative impact and integration with digital media,” said “These attributes have powered OOH’s position as the only traditional medium showing consistent growth over the past seven years.”

Among the top 10 revenue categories, those outperforming GDP in the second quarter were Miscellaneous Local Services and Amusements; Public Transportation, Hotels and Resorts; Government, Politics and Organizations; Financial; and Insurance and Real Estate.

Ranked in order of OOH spending, the top 10 advertisers in the second quarter were McDonalds, Apple, American Express, Coca-Cola, Geico, HBO, Warner Bros Pictures, Google, 20th Century Fox Pictures and Verizon.

Twenty-two of the top 100 OOH advertisers more than doubled OOH spend from Q2 2016, with a third from the technology sector, including (in order of growth): Barclays, STX Entertainment Pictures, Charter Communications, Firehouse Subs, YouTube, Odwalla, Salesforce, Nestle, American Express, Google, Miller, Alkermes, Nissan, Meijer, TNT, Samsung, Shell, Alaska Airlines, General Motors, Netflix, Hulu and NBC.

Stephen Freitas, OAAA chief marketing officer said “Digital continues to lead OOH growth across all categories and the transit and street furniture categories are showing strong growth. These formats have a particularly high propensity for driving consumer engagement on mobile devices, and that’s part of the reason for significant OOH investment by some of the world’s most innovative technology companies”.

OAAA issues full industry pro forma revenue estimates that include, but are not limited to, Miller Kaplan and Kantar Media (which is not adjusted to reflect changes in data sources), and member company affidavits. Revenue estimates include digital and printed billboards, street furniture, transit, alternative, and cinema advertising.

For more information about specific category spend, please contact Steve Nicklin at snicklin@oaaa.org or (202) 833-5566.

OAAA is the national trade association for the out of home (OOH) advertising industry. Founded in 1891, the association represents more than 90 percent of the US industry based on revenues. OAAA is dedicated to leading and uniting a responsible OOH industry committed to serving advertisers, consumers, and communities. The OOH industry generates $7.6 billion annually in ad revenues and donates more than $500 million in space each year.

Branded Cities Acquires Clear Channel Outdoor Canada

August 16th, 2017

Adrian J Cotterill, Editor-in-Chief

Branded Cities Network has acquired Clear Channel Outdoor’s 50.001% interest in Clear Channel Outdoor Canada – thereby becoming the 100% owner of Clear Channel Outdoor Canada.

Steve Ellman, Chairman & Chief Executive Officer of BCN told us “Assuming full ownership of Clear Channel Canada is a strategic play for our North American portfolio with the Canadian market exhibiting exciting growth prospects which will build on our successes, including the Yonge & Dundas Digital tower, Union Station and Edmonton Street Furniture”.

We founded this company in 1999 in Toronto with Clear Channel joining us as a partner in 2001. Canada continues to be a key market for BCN and this acquisition furthers our goal to offer brands the ability to dominate in large format digital advertising through iconic media in iconic locations.”

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Topgolf joins @DPAAorg

August 16th, 2017

Adrian J Cotterill, Editor-in-Chief

The Digital Place Based Advertising Association (DPAA) has announced that Topgolf has joined the organization.

Through the premium experience of play, food and music, Topgolf is inspiring people of all ages and skill levels – even non-golfers – to come together for playful competition. Guests can enjoy point-scoring golf games using microchipped balls that instantly score themselves, showing players the accuracy and distance of their shots instantly on a TV screen in their hitting bay. The venues also feature an outstanding chef-driven menu, top-shelf drinks, big screen TVs and music in climate-controlled hitting bays for year-round comfort. Year-round programming includes events for kids and families, social leagues, golf tournaments, golf instruction and more.

Barry Frey, President & CEO of DPAA said “Topgolf has developed an exciting, successful entertainment concept, and their internal network of digital screens engages consumers with relevant content during their visits. We look forward to sharing industry best practices and other tools with the Topgolf team.”

The DPAA is a global digital out-of-home marketing association that has created a strong community environment in which members drive and promote their digital capabilities.

This Year’s 2017 CEO Spotlights

August 16th, 2017

Maddie Cotterill

Up next in our CEO Spotlight (the last Friday in every month) is Go2Digital’s Edin Pasalic.

We’ve already seen so far this year; Clear Channel Outdoor’s Scott Wells in February, Grandi Stazioni’s Stefano Mereu in March, PRN’s Kevin Carbone in April, Core Out of Home’s Umut Senol (formerly Clear Channel Turkey) in May, Val Morgan Outdoor’s Anthony Deeble in June and Elonex Outdoor’s Nick Smith in July.

Following that (in no particular order) we have; Multimedia Outdoors Portugal’s Vasco Perestrelo, Adams Outdoor Advertising’s Kevin Gleason, Go2Digital’s Edin Pasalic and Executive Vice-President, Global Entertainment & Brand Partnerships, Westfield’s Charley Delana.

All previous CEO Spotlights (and we have 10 years’ worth now) are available online (click here), as well as in print in the following series of books: –

A more pictorial look at this year’s featured CEOs’ networks will be available in print in DOOH INSIGHTS: Volume 6 which will be published at the end of September in time for the joint IAB / JCDecaux upfront on October 4, 2017 (and various other UK events) and of course New York Digital Signage Week.

Reggie is on Vacation

August 13th, 2017

Reggie DeLarge

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The nice people at DailyDOOH Towers are on vacation. We will still be posting the odd story (which you will be able to find by browsing below).

An email newsletter will only be going out if we have enough stories that we think warrant it (you never know).  Normal service will be resumed in September.

I (Reggie) will likely be tweeting from time to time.

Ouch! @RMGNetworks 1-4 Reverse Split

August 11th, 2017

Adrian J Cotterill, Editor-in-Chief

Shares of RMG Networks Holding Corporation (NASDAQ:RMGN) are going to reverse split next Tuesday, August 15, 2017.

The 1-4 reverse split was only announced a few weeks ago.

Shares of RMG Networks Holding Corporation (NASDAQ:RMGN) has a one year low of $0.53 and a one year high of $1.11 and opened today at 0.5701.