Outfront Media (OUT) Inks Athletic Rights Deal with LSU
Outfront Media Sports Inc., a division of Outfront Media Inc. OUT has inked a deal with Louisiana State University (“LSU”) for athletics marketing and multimedia rights. The new exclusive deal, through the 2025–2026 season with the New York-based real estate investment trust (“REIT”) across LSU’s athletic facilities and events, highlights the commitment of Outfront Media to promote sports opportunities across the out-of-home media platforms.
The partnership with Outfront Media guarantees the most effective media experience for the fans of LSU and aids in sustaining excellence. Outfront Media is well aware of the natural excitement associated with LSU athletics, and the student athletes, coaches and fans gain enormously from the resources the company offers to LSU.
In fact, Outfront Media and LSU have been working in tandem since 2005 and the relationship hinges on trust and tradition. The latest agreement for another decade epitomizes the quality of relationships that Outfront Media has with various universities and sports franchises.
Outfront Media is a leading provider of out-of-home advertising space in key markets throughout the U.S., Canada, Mexico and South America. With billboard and transit advertising displays, the company provides advertising services to diverse industries across the 25 largest markets in the U.S. and more than 180 markets in the U.S, Canada and Latin America.
Outfront Media currently carries a Zacks Rank #3 (Hold). Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT, Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI. Each of these stocks holds a Zacks Rank #2 (Buy).
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