Estate of Joseph Cidulka, Deceased, James S. Bozik, Administrator - Page 14

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          directional advertisers are generally the most durable                      
          advertisers because the signs they use have to be in a certain              
          location directing customers to a specific place of business.               
          The rate charged for the face of a specific sign is the same                
          whether a national advertiser or local advertiser is the client.            
               The most important factor in outdoor advertising is                    
          location.  Interstate highways and freeways are the most prized             
          locations in outdoor advertising.  Locations have value, even if            
          the structures are old and decrepit.  In some instances it may              
          not be possible to replace old, decrepit structures because of              
          local government regulations.  However, such regulations may be             
          beneficial to advertisers already established in the market.                
               Traffic patterns are very important in the outdoor                     
          advertising industry.  The major roadway systems through the SOAI           
          market area include:  Interstate 65, a north/south interstate               
          highway through Lake County, Indiana; Interstates 80, 90, and 94,           
          east/west interstate highways through Cook County, Illinois, and            
          Lake, Porter, and LaPorte Counties, Indiana; U.S. Highway 30, an            
          east/west U.S. highway through Lake, Porter, and LaPorte                    
          Counties, Indiana; U.S. Highway 41, a north/south U.S. highway              
          through Lake County, Indiana; and U.S. Highway 6, an east/west              
          U.S. highway through northern Indiana.  The interstate systems              
          and many of the highways in the SOAI market area lead directly              
          into the Chicago area.                                                      






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Last modified: May 25, 2011