# Lamar Companies **Lamar Advertising Company** (Baton Rouge, Louisiana) is one of the largest **out-of-home advertising** operators in the United States — billboards, logo signs and transit displays — and a publicly traded REIT. It appears here as a payee on political Schedule E lines, under the filed name **"Lamar Companies"**. Unlike most vendors in this layer, it is a **public company with its own reporting obligations**, which makes it the rare node in the vault where a vendor's finances are independently knowable. ## What is on the record | Item | Detail | |---|---| | First appearance here | **Form 24, `F24N`, file 2018051**, [[AB PAC]], received 2026-10-07T19:59:53 | | Amount on that notice | **$3,717,894.30** — 16.3% of a $22,762,650.41 notice | | Purpose code | **Billboard Advertising — Estimated Cost** | | Committees | **1** — [[AB PAC]] | | Corporate form | Publicly traded real estate investment trust; out-of-home advertising operator | See [[AB PAC 22.8M Billboard IE October 2026]]. ## Why it matters **It confirms the medium.** The purpose code on a Schedule E line is the filer's own description and can be vague. A payment to the largest billboard operator in the country, alongside **$16.8M to the OOH marketplace [[AdQuick]]**, independently establishes that [[AB PAC]]'s $22.76M October notice really is an out-of-home campaign and not a mislabelled broadcast buy. > [!note] Open questions > - **Whether this is a direct buy.** [[AdQuick]] is on the same notice at 4.5× the amount. Whether Lamar > inventory was bought directly, through AdQuick, or both, is not determinable from the filing. > - **Second committee.** Trigger: any appearance on a notice from another committee. > - The filed name is **"Lamar Companies"**, which is how the title is set here; the corporate entity is > Lamar Advertising Company. Carried as an alias. ## See Also - [[AB PAC]] · [[AB PAC 22.8M Billboard IE October 2026]] · [[AdQuick]] - [[Independent Expenditure]] - [[Companies Hub]]