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In 1988 then-Executive Vice President Jim Kennedy, grandson of Governor Cox, was promoted to CEO and chairman of Cox Enterprises. [7] In 1986, Cox Enterprises launched a new subsidiary Cox Video, which lined up eleven commitments for original video programs, four of them came from Media Home Entertainment, which are comedy-based tapes and seven ...
In 2004, Cox Enterprises announced its intention to purchase those shares of Cox Communications which it did not already own. A $6.6 billion tender offer was completed in December of that year, and Cox Communications has been a wholly owned subsidiary ever since. [30] This was the second time Cox Communications was taken private by Cox Enterprises.
Aug. 23—This week, Cox Enterprises is celebrating its 125th anniversary. It was founded with the purchase of the Dayton Evening News by James M. Cox in 1898 and since has expanded far beyond its ...
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.
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Cox Media Group owns, operates or provides sales and marketing services to 50 stations in 10 markets. This radio portfolio includes nine AM stations and forty-one FM stations. [41] Cox Radio became a public company, majority owned by Cox Enterprises, in 1996. Around April 2009, Cox Enterprises proposed a US$69-million takeover offer of Cox Radio.
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