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Hub AI
Cox Media Group AI simulator
(@Cox Media Group_simulator)
Hub AI
Cox Media Group AI simulator
(@Cox Media Group_simulator)
Cox Media Group
CMG Media Corporation (doing business as Cox Media Group) is an American media conglomerate principally owned by Apollo Global Management in conjunction with Cox Enterprises, which maintains a 29% minority stake in the company. The company primarily owns radio and television stations—many of which are located in the South, Pacific Northwest, Eastern Midwest, and Northeast, and the regional cable news network Pittsburgh Cable News Channel (PCNC).
Originally founded in December 2008 by Cox Enterprises through a consolidation of its existing publishing and broadcasting subsidiaries, the current incarnation of Cox Media Group was formed on December 17, 2019, through the acquisition by Apollo of the original Cox Media Group (along with Cox Enterprises' advertising subsidiary, Gamut) from Cox Enterprises, which transferred a controlling interest in the company to Apollo, and Northwest Broadcasting from Brian Brady.
In December 2008, Cox Enterprises created Cox Media Group (CMG) by merging Cox Newspapers, 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.
In August 2009, Cox Enterprises realigned its radio, television, newspaper/publishing, and digital assets into the same division. Under the new structure, while the local brands remain independent, they share resources and some management. Dayton, Ohio, was considered the prototype for the media group, where radio, television, newspaper, and direct mail were all in the same market, and were combined into a new building. In other markets where the facilities are not as close together, they do share some senior management; for example, Houston and San Antonio Radio and the Austin American-Statesman newspaper all fall under the same regional vice president. In addition to the radio/TV stations and newspapers, Cox Media Group encompasses Cox Digital Solutions (digital sales for both Cox and non-Cox online and mobile properties), Cox Reps (national TV sales for station groups such as Gray and Tegna), Kudzu.com, Savings.com, and Valpak direct mail.
CMG introduced a new group-buying discount program called DealSwarm in October 2010. DealSwarm provides online discounts at local businesses. The program is active in such Cox Media Group properties as Atlanta, Austin and Dayton.
In July 2012, CMG announced its intention to sell its radio stations in smaller markets: Birmingham, Greenville, Hawaii, Louisville, Richmond, and Southern Connecticut. It also intends to spin off its smaller-market television stations in El Paso, Johnstown, Reno, and Steubenville. The company said it intended to focus on larger markets or smaller markets that could be clustered together with other CMG properties.
In April 2013, CMG launched the online-only new site Rare.us as a conservative media source, originally with the tagline "Red is the Center", and more recently "America's News Feed". After initially low audience numbers, the site expanded dramatically following more prominent use of social media and a more diverse range of stories.
On February 12, 2013, CMG announced the sale of the Birmingham, Greenville, Hawaii, Louisville, and Richmond radio stations to SummitMedia, and the southern Connecticut stations to Connoisseur Media; two weeks later, on February 25, the company announced the sale of the four television stations (and the local marketing agreement for a fifth) to Sinclair Broadcast Group.
Cox Media Group
CMG Media Corporation (doing business as Cox Media Group) is an American media conglomerate principally owned by Apollo Global Management in conjunction with Cox Enterprises, which maintains a 29% minority stake in the company. The company primarily owns radio and television stations—many of which are located in the South, Pacific Northwest, Eastern Midwest, and Northeast, and the regional cable news network Pittsburgh Cable News Channel (PCNC).
Originally founded in December 2008 by Cox Enterprises through a consolidation of its existing publishing and broadcasting subsidiaries, the current incarnation of Cox Media Group was formed on December 17, 2019, through the acquisition by Apollo of the original Cox Media Group (along with Cox Enterprises' advertising subsidiary, Gamut) from Cox Enterprises, which transferred a controlling interest in the company to Apollo, and Northwest Broadcasting from Brian Brady.
In December 2008, Cox Enterprises created Cox Media Group (CMG) by merging Cox Newspapers, 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.
In August 2009, Cox Enterprises realigned its radio, television, newspaper/publishing, and digital assets into the same division. Under the new structure, while the local brands remain independent, they share resources and some management. Dayton, Ohio, was considered the prototype for the media group, where radio, television, newspaper, and direct mail were all in the same market, and were combined into a new building. In other markets where the facilities are not as close together, they do share some senior management; for example, Houston and San Antonio Radio and the Austin American-Statesman newspaper all fall under the same regional vice president. In addition to the radio/TV stations and newspapers, Cox Media Group encompasses Cox Digital Solutions (digital sales for both Cox and non-Cox online and mobile properties), Cox Reps (national TV sales for station groups such as Gray and Tegna), Kudzu.com, Savings.com, and Valpak direct mail.
CMG introduced a new group-buying discount program called DealSwarm in October 2010. DealSwarm provides online discounts at local businesses. The program is active in such Cox Media Group properties as Atlanta, Austin and Dayton.
In July 2012, CMG announced its intention to sell its radio stations in smaller markets: Birmingham, Greenville, Hawaii, Louisville, Richmond, and Southern Connecticut. It also intends to spin off its smaller-market television stations in El Paso, Johnstown, Reno, and Steubenville. The company said it intended to focus on larger markets or smaller markets that could be clustered together with other CMG properties.
In April 2013, CMG launched the online-only new site Rare.us as a conservative media source, originally with the tagline "Red is the Center", and more recently "America's News Feed". After initially low audience numbers, the site expanded dramatically following more prominent use of social media and a more diverse range of stories.
On February 12, 2013, CMG announced the sale of the Birmingham, Greenville, Hawaii, Louisville, and Richmond radio stations to SummitMedia, and the southern Connecticut stations to Connoisseur Media; two weeks later, on February 25, the company announced the sale of the four television stations (and the local marketing agreement for a fifth) to Sinclair Broadcast Group.