Clear Channel Outdoor Secures Multi-Year Partnership with CapMetro for Advertising Expansion in Austin, Texas

Clear Channel Outdoor (CCO) has secured a multi-year partnership with CapMetro to expand advertising reach in Austin, Texas. Despite recent strategic moves, CCO faces financial challenges, including a distressed Altman Z-Score and declining revenue per share. The company operates within the Communication Services sector, focusing on diversified media advertising solutions, and has a market capitalization of approximately $984.66 million.