Estate of Joseph Cidulka, Deceased, James S. Bozik, Administrator - Page 13

                                       - 13 -                                         
          locations during the course of the total contract.  Rotary                  
          bulletins are generally 14 feet high by 48 feet wide, which is              
          the same size as standard paint signs.                                      
               Directional billboards are very specific in nature,                    
          providing specific information content to a motorist as to how to           
          get to a particular location or advertiser, and are prominently             
          placed or displayed on nonstandard signs.  All directional                  
          advertising is local advertising for an establishment at a                  
          particular location.  Directional outdoor advertising differs               
          from traditional or standard outdoor advertising due to the                 
          nature of the advertisements, and often the actual size of the              
          signs.  Directional advertising contracts are typically 2 to 3              
          years in length with no price increase built into the contracts.            
               Any outdoor advertising structure, including permanent                 
          paint, rotary bulletins, posters, or deluxe posters, can be used            
          for national, regional, directional, or local advertising.  The             
          structure of the billboard is the same whether the message refers           
          to national advertising or directional advertising.                         
               Local businesses represent 70 percent of the annual revenues           
          of the billboard industry nationwide.  Typically, national                  
          advertisers spend the greatest amounts of revenue on the east and           
          west coasts, principally in the larger cities.  The central                 
          United States has the lowest percentage of national advertisers             
          as compared to advertising by local businesses.  In the SOAI                
          market area, 80 to 90 percent of the advertising is local.  Local           




Page:  Previous  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  Next

Last modified: May 25, 2011