News

UK Out of Home Revenue 2023 Q3

Out of Home Advertising Industry Reports +13% Growth in Revenues in Q3 2023 

Outsmart, the trade body for the Out of Home (OOH) advertising industry reports OOH advertising revenue for the third quarter of 2023 totalling £346m, an increase of +12.9% compared to the same period last year. 

The figures, collated by PwC, reveal that Digital OOH revenue grew +15.6% and Classic OOH grew +8.1%. Digital's share of revenue increased slightly to 65%. Q3 2023 traded +4.9% above Q3 2019 (i.e. pre-pandemic) and represents the first quarter where revenues were higher than the corresponding quarter in 2019.

Express Consent Secured for Advertising Banner in Cardiff Conservation Area

Acting on behalf of a related company of Thackery, TTP were instructed to act on their behalf in the design and management of an express consent for an advertising banner on the Howell's department store (House of Fraser) building. After extensive negotiaitons with the Cardiff Council the consent was granted for 5 years.

Landmark M5 Digital Media Asset Sold to Wildstone

Acting on behalf of private family clients, TTP acted on the disposal of their freehold interest in a M5 digital landmark media asset after first managing a previous tenancy termination and securing a new express planning consent. It was the perfect illustration of how the full process needs to be managed on behalfof site owners to optimise their return.

TTP Wins Planing Appeal in Colchester

Acting for a private client, TTP succesfully appealled against a discontinuance notice, served by Colchester Borough Council, and thus protecting the long term income stream from the media assets.

TTP Secures Planning Consent for the Largest Digital Media Development on the M5

Acting on behalf of a private client, TTP has secured express planning consent from Sandwell Borough Council for a landmark development on the M5.

TTP Wins PLanning Appeal at the Sutton Retail Park for Clipstone

Following an initial refusal by the London Borough of Sutton, TTP has succesfully appealled an application for a valuable  media development consisting of 2 x D48 screens on behalf of their clients Clipstone.