1,200 New York Outdoor Ad Faces Acquired

  • October 17, 2000
Entravision Communications Corporation has completed the acquisition of approximately 1,200 outdoor advertising faces in New York from Infinity Broadcasting Corporation for $168.2 million. With the addition of the Infinity outdoor assets, Entravision now owns approximately 11,000 outdoor advertising faces located in high-density Hispanic communities in Los Angeles and New York, the two largest Hispanic markets in the United States. Entravision is now one of the largest owners and operators of 8-sheet outdoor advertising faces in the nation. This inventory of outdoor assets is primarily concentrated on busy city streets, targeting both pedestrian and vehicular traffic. With this acquisition, Entravision has consolidated all of the 8-sheet and 30-sheet outdoor advertising faces in the greater New York City area.
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