Sales of hand sanitizer surged during the Ebola scare, increasing about 56 percent in October 2014 over the previous year, according to data from IRI, a market research firm.
CBS Outdoor Americas announced today it plans to purchase Van Wagner Communications' billboard business, "a privately held company with outdoor advertising in New York's Times Square and on buses on the Las Vegas strip, for $690 million in cash," Reuters reports
Times Square is often called the "crossroads of the world." That may be one reason buying billboard space of any kind in the heart of New York's tourist mecca can cost a lot of money. But in a world where advertising is often seen as annoying to consumers, Times Square is also unique: The ads themselves are part of the area's iconic appeal.