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oOh media (ASX:OML) Cash Payments for Deposits by Banks and Customers


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What is oOh media Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applies to banks.


oOh media Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » oOh media Ltd (ASX:OML) » Definitions » Cash Payments for Deposits by Banks and Customers
Traded in Other Exchanges
N/A
Address
73 Miller Street, Level 2, North Sydney, Sydney, NSW, AUS, 2060
OOh media operates a network of out-of-home advertising sites with a commanding approximately 40% share of the Australian market, and also has a big presence in New Zealand. It boasts a diverse portfolio of locations to service the needs of out-of-home marketers, and is particularly strong in the roadside billboard, street furniture and rail, and retail (shopping malls) segments. OOh!media offers these services by entering into space lease arrangements with owners of out-of-home sites, and extracting margins on those lease concessions from firms advertising on those sites. oOh!media is effectively an intermediary allowing site owners to monetize their visible space in high-traffic areas.