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In December 2008, [2] Cox Enterprises created Cox Media Group (CMG) by merging Cox Newspapers, [3] Cox Radio, and Cox Television into one integrated digital media company. The creation of Cox Media Group was a departure from grouping subsidiaries based solely on publishing medium. [4]
The subsidiary company, Cox Broadcasting Corporation (unrelated to the Cox Media Group, which focuses on radio stations and television stations), was not officially formed until 1964, when it was established as a public company traded on the New York Stock Exchange. The company was renamed to Cox Communications in 1982.
Cox Media Group (CMG) is an integrated broadcasting, publishing, direct marketing and digital media company. In 2019, Cox Enterprises reached an agreement with Apollo Global Management to sell a majority interest in Cox Media Group's broadcast television stations, including the company's radio, newspaper, and TV properties in Ohio, and its ...
QVC: Comcast sold its majority stake to Liberty Media in 2003; Speed Channel: joint venture with Cox Communications and Fox Entertainment Group; Fox acquired Comcast and Cox's stakes in 2001; Time Warner Entertainment (26%, with Time Warner Inc.): Comcast sold its 26% stake to Time Warner Inc. (now Warner Bros. Discovery) in 2003.
In February 2013, Cox Media Group sold five television stations, their smallest by media market rankings, to Sinclair, with Deerfield Media assuming ownership of Cox-operated KAME-TV in Reno. [42] [43] Sinclair purchased Schaumburg, Illinois–based Barrington Broadcasting on February 28, 2013, including six other stations operated by ...
Constitution building, 1890 Atlanta Constitution Building, in abandoned state, 1995. Historic American Buildings Survey image.. In 1868, Carey Wentworth Styles, along with his joint venture partners James Anderson and (future Atlanta mayor) William Hemphill purchased a small newspaper, the Atlanta Daily Opinion which they renamed The Constitution, as it was originally known, was first ...
In early 2020, the private equity firm Apollo Global Management purchased Cox Enterprises' radio and TV properties and all Cox Media Group Ohio media entities. In March 2020, Cox Enterprises took back ownership of Ohio Newspapers, which included the Dayton Daily News, Journal-News, Springfield News-Sun, Dayton.com, and related digital brands ...
Arnold sold the business in 1988 to Cox Enterprises, an Atlanta-based media chain. [7] In 2010, Providence Equity Partners purchased a 25% interest, becoming a minority owner in the company. [8] Kleiner Perkins Caufield & Byers is also an investor. In 2010, a tool was added to the website to get an instant trade-in offer. [9]