Clear Channel Grows Outdoor Arm

Clear Channel continues to expand its overseas outdoor holdings. The latest purchases are in Germany and the Netherlands. Clear Channel Worldwide has acquired 51% of Dutch firm Hillenaar Outdoor Advertising. Clear Channel gains access to display panels in cafes, schools and universities. Hillenaar has recently expanded with billboards at sports arenas, bus shelters and airport advertising.
In Germany, Clear Channel has purchased a minority stake in Wall AG, which operates more than 20,000 street furniture advertising panels across Europe.