Steven Craig, president/CEO of Craig Realty Group, has purchased 100 percent of the stock of BillBoard Video, Inc., a leading manufacturer of LED signs.
The acquisition of the company by Mr. Craig follows his company's recent investment in eight LED signs from BillBoard Video for Citadel Outlets, an outlet shopping center located in Los Angeles on Interstate 5, as well as future plans for LED signs at other Craig Realty Group outlet shopping centers.
BillBoard Video, a leading wireless advertising company, merged in 2004 with MultiMedia, a manufacturer of LED displays. Over the past 25 years the company has been responsible for manufacturing over 60 percent of LED displays at Times Square in New York, including ABC's Times Square Studio LED sign that is the largest in the U.S.
In May 2005, Citadel Outlets debuted a spectacular LED site consisting of four consecutive double-sided signs atop the outlet center's historic castle wall. These state-of-the-art signs, manufactured by BillBoard Video, face Interstate 5 providing the center with a unique and eye-catching platform to communicate to the 250,000 daily commuters "what's behind the wall." This configuration is the only use of consecutive LED signs in the U.S.
"This is such a unique out-of-home medium with a wide variety of applications for different real estate ventures other than shopping centers," said Craig.
Lightvision Media puts Daktronics display
Daktronics has installed an outdoor marquee for Lightvision Media outside BC Place Stadium in Vancouver, BC, Canada.
This ProStar® VideoPlus display is currently the largest outdoor video screen in Western Canada, measuring 6.0 meters high x 9.0 meters wide. It is considered to be an integral part of the public information system for the upcoming 2010 Winter Olympics events to be held within BC Place Stadium.
Cincinnati Bearcats install Daktronics displays