Byravee Iyer
Oct 28, 2015

Clear Channel boosts investment in digital OOH

SINGAPORE - Outdoor advertiser Clear Channel is significantly expanding its digital inventory from 30 to 200 panels equipped with state-of-the-art technology across Singapore.

Kelly Khoo
Kelly Khoo

The company, which accounts for 25 percent of the market, currently offers high-definition panels. But the upgraded bus-shelter units promise HD cameras; recognition technology that's capable of spotting colour, gender and objects; beacons; and cameras. The first installations will take place in November, with full availability of 200 by 1 January, according to the company.

“This is a significant commitment for us,” Kelly Khoo, Sinapore CEO at Clear Channel, told Campaign Asia-Pacific. “We’ve already demonstrated the scale of our inventory through non-digital and now we’re replicating the same scale across digital.”

The new 75-inch digital screens are capable of displaying real-time information with updates or feeds sourced from social-media platforms or directed web links. Khoo pointed out that the technology goes beyond audience-triggered content and can create dynamically targeted messages that can be activated based on weather, time, date, news and events.

While Khoo declined to comment on the company’s launch partners, she said the first phase of digital OOH, which launched in 2012, demonstrated success for airlines, automobile companies, beauty and fashion brands, e-commerce players and FMCG firms.

According to Khoo, the new development also helps improve the potential for creative work—making advertisements more effective with high-quality images. Data and intelligence means that creative can also be tailored or changed at the touch of a button while keeping the overall cost of running it considerably lower.

The move is part of the company's global ambitions to grow ahead of the market in using technology. Since 2009, Clear Channel has increased the number of digital screens from 800 in four markets to 6000 across 18 countries including China, Singapore and Australia. 

Asia is significant part of Clear Channel’s US$635 million business. The firm’s double-digit growth in Asia makes it the fastest growing region for the business.

Out-of-home ad spending is growing faster in Asia-Pacific than any other region of the world, according to Global Industry Analysts. By 2020, the firm predicts, annual OOH spending in the region will increase 8.6 per cent to touch $180.2 billion, making the medium bigger in Asia-Pacific than anywhere except the US.

 

Source:
Campaign Asia

Follow us

Top news, insights and analysis every weekday

Sign up for Campaign Bulletins

Related Articles

Just Published

9 hours ago

YouTube’s dominance and other podcast trends to ...

Podcasting’s meteoric growth has been underscored by blockbuster deals like Joe Rogan’s $250 million Spotify contract and SiriusXM’s $125 million investment in Alex Cooper’s Call Her Daddy.

9 hours ago

Former UK deputy PM Nick Clegg leaves Meta ahead of ...

Republican and former White House deputy chief of staff Joel Kaplan to take over as Meta’s president of global affairs after nearly seven years.

2 days ago

BYD closes 2024 on top, but can it sustain its EV ...

BRAND HEALTH CHECK: After outpacing Tesla and smashing 2024 sales records, BYD faces its toughest road yet. With 45% EU tariffs and a locked-out U.S. market, can the EV giant supercharge global ambitions or stall under trade barriers?

2 days ago

Move and win roundup: Week of January 2, 2025

As 2025 kicks off, Campaign rounds up the first major people moves and business wins of the year. From leadership exits to new creative wins, catch all the latest updates in January's first edition.