Cox Media Group

CMG Media Corporation[1] (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).

CMG Media Corporation
Cox Media Group
TypeJoint Venture
IndustryMedia
FoundedDecember 2008 (2008-12)
Headquarters
Atlanta, Georgia
,
United States
Key people
Daniel York
(President & CEO)
ParentApollo Global Management (71%)
Cox Enterprises (29%)
DivisionsCox Newspapers
Cox Radio
Cox Television
SubsidiariesGamut
Websitecmg.com

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.

History
Former logo, used until May 1, 2020

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]

In August 2009, Cox Enterprises realigned its radio, television, newspaper/publishing, and digital assets into the same division.[5] 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.[6] 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.[7]

CMG introduced a new group-buying discount program called DealSwarm in October 2010.[8] 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.[9] 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".[10] After initially-low audience numbers, the site expanded dramatically following more prominent use of social media and a more diverse range of stories.[10]

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;[11] 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.[12]

In October 2014, Cox Digital Solutions became Gamut. Smart Media from Cox., offering media solutions to address the evolution of over-the-top media services (OTT). With this transition, CMG will cover linear television and radio, and Gamut will focus on OTT/CTV.[13]

Sale of majority stake to Apollo Global Management

On July 24, 2018, Cox Enterprises announced that it was "exploring strategic options" for Cox Media Group's television stations, which the company said could involve "partnering or merging these stations into a larger TV company."[14] Cox Media Group's president, Kim Guthrie, subsequently clarified to trade publication Radio & Television Business Report that the company was solely seeking "a merger or partnership" and not an outright sale of the television stations.[15]

On February 15, 2019, Cox announced that Apollo Global Management would acquire a majority interest in the CMG television stations, as well as the Dayton radio stations and Ohio newspapers (whose operations are integrated with WHIO-TV), forming a new company that retains Cox Media Group's management and operating structure; Cox Enterprises holds a minority stake in this company.[16][17] Cox's other radio stations, as well as The Atlanta Journal-Constitution, were not included in the deal;[16] Cox had previously said that any deal involving the television stations would not include radio stations or newspapers.[14] In March 2019 filings with the Federal Communications Commission (FCC), Apollo disclosed that the new company, tentatively named Terrier Media, would purchase the Cox stations for $3.1 billion (reduced by the value of Cox's equity stake in Terrier).[18]

On March 18, 2019, the Atlanta Business Chronicle reported that Cox Enterprises was "exploring options" for its radio stations. The Atlanta Journal-Constitution would not be included in any potential deal for the stations.[19]

On June 26, 2019, Cox announced that the radio stations, as well as national advertising business – CoxReps, and local OTT advertising agency - Gamut, would also be acquired by the Apollo Global Management-backed company, which concurrently announced that it would retain the Cox Media Group name instead of Terrier Media. As they would no longer be grandfathered, the new company must divest a radio station each in the Orlando and Tampa Bay markets.[20]

Both acquisitions, along with Apollo's concurrent $384 million acquisition of Northwest Broadcasting, were approved by the FCC on November 22, 2019, under conditions imposed after a federal court blocked changes to several FCC ownership policies. To comply with regulations prohibiting the cross-ownership of broadcast stations and daily newspapers (which the FCC had sought to repeal), CMG agreed to cut publication of its Ohio newspapers to three days a week within 30 days of the deal's completion; Cox Enterprises also reduced its stake in CMG to a nonattributable interest, eliminating an ownership conflict with The Atlanta Journal-Constitution. CMG was also required to surrender the licenses to two of Northwest Broadcasting's stations, in Yuma, Arizona, and Syracuse, New York, where Northwest's existing duopolies did not comply with reinstated provisions of the FCC's duopoly rule.[21][22] Cox announced the closing of the acquisition on December 17, 2019.[23]

On February 10, 2020, Cox Enterprises announced it would repurchase the Dayton Daily News, Journal-News, and Springfield News-Sun from CMG, once again owning a 100% interest in the newspapers; the sale, which reunited the papers with The Atlanta Journal-Constitution in Cox Enterprises' newspaper holdings, allowed them to continue daily publication despite the court ruling.[24] The sale was officially closed on March 2.[25]

On February 22, 2022, a partnership of Standard General and Apollo announced their intent to acquire Tegna; Apollo will hold non-voting shares in the company. As part of the sale, Standard General will sell Standard Media's WDKA, WLNE, KBSI, and KLKN to CMG, and CMG will also acquire Tegna's stations in Dallas–Fort Worth, Houston, and Austin (including WFAA, KHOU, and KVUE). WFXT will be divested to Standard General.[26][27][28] The sale was approved by Standard General and Apollo Global Management on May 17, 2022.[29] In February 2023, it was confirmed that the deal would be given a hearing before an administrative law judge, which the FCC Commissioner's Board voted to remand the merger review toward on May 22.[30] The deal was terminated on May 22, 2023.[31]

On March 30, 2022, Cox Media Group announced that it would sell 18 stations, namely KYMA in Yuma, Arizona; KIEM and KVIQ-LD in Eureka, California; KPVI in Idaho Falls, Idaho; KLAX in Alexandria, Louisiana; WABG, WNBD and WXVT in Greenwood, Mississippi; WICZ in Binghamton, New York; WSYT in Syracuse, New York; KOKI and KMYT in Tulsa, Oklahoma; KMVU and KFBI-LD in Medford, Oregon; WHBQ in Memphis, Tennessee; KAYU in Spokane, Washington; and KCYU-LD and KFFX in Yakima, Washington to Imagicomm Communications—a shell company affiliated with the cable network INSP—for an undisclosed amount.[32][33][34][35] The sale was completed on August 1.[36]

Radio stations

Cox Media Group owns, operates or provides sales and marketing services to 50 stations in 10 markets. This radio portfolio includes 9 AM stations and 41 FM stations.[37]

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. The offer expired on May 1, 2009.[38] The offer was later raised to $4.80 a share, and the expiration was pushed to May 13.[39] The offer was accepted, and the acquisition was completed on June 1.[40]

  • (**) — indicates a station built and signed on by Cox.
AM Station FM Station

Current
Market Station Owned since Current format
Jacksonville, FL WOKV 690 2000 Sports (ESPN Radio)
WAPE-FM 95.1 2000 Contemporary hit radio
WOKV-FM 104.5 2000 News/talk
WJGL 96.9 2000 Classic hits
WEZI 102.9 2000 Soft adult contemporary
WHJX 106.5 2006 Urban adult contemporary
Miami–Fort Lauderdale–Hollywood, FL WEDR 99.1 2000 Urban contemporary
WFLC 97.3 ** 1946 Rhythmic hot adult contemporary
WFEZ 93.1 2000 Soft adult contemporary
WHQT 105.1 1992 Urban adult contemporary
Orlando, FL WDBO 580 1997 News/talk
WCFB 94.5 1997 Urban adult contemporary
WOEX 96.5 1997 Spanish-language contemporary hits
WMMO 98.9 1997 Classic hits
WWKA 92.3 1997 Country
Tampa–St. Petersburg–Clearwater, FL WDUV 105.5 1999 Soft adult contemporary
WHPT 102.5 1999 Hot talk
WTBV 101.5 1999 Urban adult contemporary
WWRM 94.9 1993 Hot adult contemporary
WXGL 107.3 1988 Classic hits
Atlanta, GA WSB 750 1939 News/talk
WALR-FM 104.1 2000 Urban adult contemporary
WSBB-FM 95.5 1999 simulcasts WSB (AM)
WSB-FM 98.5 ** 1948 Adult contemporary
WSRV 97.1 2000 Classic hits
Athens, GA WGAU 1340 2008 News/talk
WRFC 960 2008 Sports
WGMG 102.1 2008 Adult contemporary
WNGC 106.1 2008 Country
WPUP 100.1 2008 Contemporary hit radio
WXKT 103.7 2008 Adult hits
Nassau–Suffolk, NY WBAB 102.3 1998 Classic rock
WBLI 106.1 1998 Top 40
WHFM 95.3 1998 simulcasts WBAB
Dayton, OH WHIO 1290 ** 1935 News-talk
WHIO-FM 95.7 1998 simulcasts WHIO (AM)
WHKO 99.1 ** 1946 Country
WZLR 95.3 1998 Classic hits
Tulsa, OK KRMG 740 1997 News-talk
KJSR 103.3 1997 Classic rock
KRMG-FM 102.3 1999 simulcasts KRMG (AM)
KRAV-FM 96.5 1996 Hot adult contemporary
KWEN 95.5 1997 Country
San Antonio, TX KKYX 680 1997 Classic country
KONO 860 1998 Oldies
KCYY 100.3 1997 Country
KISS-FM 99.5 1997 Mainstream rock
KONO-FM 101.1 1998 Classic hits
KTKX 106.7 1997 Classic rock
KSMG 105.3 1997 Hot adult contemporary

Former
Market Station Current status
Baltimore, MD WLIF 101.9 Owned by Audacy, Inc.
Birmingham, AL WAGG 610 Owned by SummitMedia
WENN 1320 Owned by SummitMedia
WBHJ 95.7 Owned by SummitMedia
WBHK 98.7 Owned by SummitMedia
WBPT 106.9 Owned by SummitMedia
WZNN 97.3 WPYA, owned by SummitMedia
WZZK-FM 104.7 Owned by SummitMedia
Bridgeport, CT WEZN-FM 99.9 Owned by Connoisseur Media
New Haven, CT WPLR 99.1 Owned by Connoisseur Media
Stamford–Norwalk, CT WFOX 95.9 Owned by Connoisseur Media
Orlando, FL WPYO 95.3 Owned by Spanish Broadcasting System
Tampa–St. Petersburg, FL WSUN 97.1 Owned by Spanish Broadcasting System
Honolulu, HI KKNE 940 Owned by SummitMedia
KRTR 650 KPRP, owned by SummitMedia
KCCN-FM 100.3 Owned by SummitMedia
KINE-FM 105.1 Owned by SummitMedia
KPHW 104.3 Owned by SummitMedia
KRTR-FM 96.3 Owned by SummitMedia
Louisville, KY WRKA 103.9 Owned by SummitMedia
WQNU 103.1 Owned by SummitMedia
WSFR 107.7 Owned by SummitMedia
WVEZ 106.9 Owned by SummitMedia
Greenville–Spartanburg, SC WHZT 98.1 Owned by SummitMedia
WJMZ-FM 107.3 Owned by SummitMedia
Houston–Galveston, TX KHPT 106.9 Owned by Urban One
KGLK 107.5 Owned by Urban One
KKBQ 92.9 Owned by Urban One
KTHT 97.1 Owned by Educational Media Foundation
Richmond, VA WJSR 100.9 Owned by SummitMedia
WKHK 95.3 Owned by SummitMedia
WKLR 96.5 Owned by SummitMedia
WURV 103.7 Owned by SummitMedia

Talk shows

Television stations

Stations are listed in alphabetical order by state and city of license.

  • (**) - Indicates a station built and signed on by Cox.

Current
City of license / Market Station Channel
TV (RF)		 Owned since Network affiliation
Jacksonville, FL WFOX-TV 30 (14) 2012[lower-alpha 1]
WJAX-TV 47 (19) 2012[lower-alpha 2] CBS
Orlando–Daytona Beach, FL WFTV 9 (35) 1985 ABC
WRDQ 27 (27) 2001 Independent
Atlanta, GA WSB-TV ** 2 (32) 1948 ABC
Boston, MA WFXT 25 (34) 2014[lower-alpha 3] Fox
Charlotte, NC WSOC-TV 9 (19) 1959
  • ABC
  • Telemundo (DT2)
WAXN-TV 64 (32) 2000 Independent
Dayton, OH WHIO-TV ** 7 (33) 1949 CBS
Eugene, OR KLSR-TV 34 (31) 2022 Fox
KEVU-CD 23 (23) 2022 MyNetworkTV
Pittsburgh, PA WPXI 11 (23) 1964 NBC
Seattle–Tacoma, WA KIRO-TV 7 (23) 1997
  • CBS
  • Telemundo (DT4)

Former
City of license / market Station Channel Years owned Current status
Yuma, AZ–El Centro, CA KYMA-DT 11 2019–2020[lower-alpha 4] Defunct, license surrendered in 2020[lower-alpha 5]
KSWT/KYMA-DT 13 2019–2022[lower-alpha 4] CBS affiliate owned by Imagicomm Communications
Eureka, CA KIEM-TV 3 2019–2022[lower-alpha 4] NBC affiliate owned by Imagicomm Communications
KVIQ-LD 14 2019–2022[lower-alpha 4] CBS affiliate owned by Imagicomm Communications
Oakland–San Francisco–San Jose, CA KTVU 2 1963–2014 Fox owned-and-operated (O&O)[41][42]
KICU-TV 36 2000–2014 Independent station owned by Fox Television Stations[41][42]
Miami–Fort Lauderdale, FL WCKT ** 7 1956–1962[lower-alpha 6] Fox affiliate WSVN, owned by Sunbeam Television
Pocatello–Idaho Falls, ID KPVI-DT 6 2019–2022[lower-alpha 4] NBC affiliate owned by Imagicomm Communications
Alexandria, LA KLAX-TV 31 2019–2022[lower-alpha 4] ABC affiliate owned by Imagicomm Communications
KWCE-LP 27 2019–2021[lower-alpha 4] Defunct, license surrendered in 2021
Detroit, MI WKBD-TV 50 1984–1993 Independent station owned by CBS News and Stations
Greenville–Greenwood, MS WABG-TV 6 2019–2022[lower-alpha 4] ABC affiliate owned by Imagicomm Communications
WNBD-LD 33 2019–2022[lower-alpha 4] NBC affiliate owned by Imagicomm Communications
WXVT-LD 17 2019–2022[lower-alpha 4] CBS affiliate owned by Imagicomm Communications
WFXW 15 2019–2020[lower-alpha 7] Tri-State Christian Television owned-and-operated (O&O)
Binghamton, NY WICZ-TV 40 2019–2022[lower-alpha 4] Fox affiliate owned by Imagicomm Communications
WBPN-LP 10 2019–2021 Defunct, license surrendered in 2021
Syracuse, NY WSYT 68 2019–2022[lower-alpha 4] Fox affiliate owned by Imagicomm Communications
WNYS-TV 43 2019–2020[lower-alpha 4] Defunct, license surrendered in 2020
St. Louis, MO KDNL-TV 30 1982–1989 ABC affiliate owned by Sinclair Broadcast Group
Reno, NV KRXI-TV 11 1995–2013 Fox affiliate owned by Sinclair Broadcast Group
KAME-TV 21 1995–2013[lower-alpha 8] MyNetworkTV affiliate KNSN-TV, owned by Deerfield Media[lower-alpha 9]
Steubenville, OH–Wheeling, WV WTOV-TV 9 2000–2013 NBC affiliate owned by Sinclair Broadcast Group
Tulsa, OK KOKI-TV 23 2012–2022[lower-alpha 1] Fox affiliate owned by Imagicomm Communications
KMYT-TV 41 2012–2022[lower-alpha 1] MyNetworkTV affiliate owned by Imagicomm Communications
Medford, OR KMVU-DT 26 2019–2022[lower-alpha 4] Fox affiliate owned by Imagicomm Communications
KFBI-LD 48 2019–2022[lower-alpha 4] MyNetworkTV affiliate owned by Imagicomm Communications
Johnstown–Altoona, PA WJAC-TV 6 2000–2013 NBC affiliate owned by Sinclair Broadcast Group
Memphis, TN WHBQ-TV 13 2014–2022[lower-alpha 3] Fox affiliate owned by Imagicomm Communications
El Paso, TX KFOX-TV 14 1996–2013 Fox affiliate owned by Sinclair Broadcast Group
Tacoma–Seattle, WA KSTW 11 1997 Independent station owned by CBS News and Stations
Spokane, WA KAYU-TV 28 2019–2022[lower-alpha 4] Fox affiliate owned by Imagicomm Communications
Tri-Cities–Yakima, WA KFFX-TV 11 2019–2022[lower-alpha 4] Fox affiliate owned by Imagicomm Communications
KCYU-LD[lower-alpha 10] 41 2019–2022[lower-alpha 4] Fox affiliate owned by Imagicomm Communications

Cable channels

Subsidiaries

Gamut

Gamut is a Cox Media Group company that specializes in local over-the-top (OTT) video advertising solutions, whereas Cox Media Group focuses on linear television and radio. Headquartered in New York, New York, Gamut has eight offices in the US. Gamut's core product, Gamut TOTAL, places OTT advertising campaigns directly through publishers' ad servers, including Discovery Inc.’s networks.[43][44][45]

Former assets

The following outlets were at one time owned by subsidiary Cox Newspapers Inc. or CMG:

Daily newspapers

Weekly newspapers

Websites

Notes
  1. Acquired from Newport Television.
  2. Owned by Hoffman Communications, Inc.; CMG operates the station under a shared services agreement.
  3. Acquired from Fox Television Stations.
  4. Acquired from Northwest Broadcasting.
  5. Owned by CMG, News-Press & Gazette Company operated KYMA via a shared services agreement. In January 2020, CMG surrendered the license of KYMA (which the callsign was subsequently changed to KSWT), and moved its NBC programming to a subchannel to KSWT (which the callsign was subsequently changed to KYMA).
  6. Co-owned with Knight Newspapers until 1962 in an equally-divided joint venture.
  7. Owned by John Wagner; CMG operated WFXW under a shared services agreement.
  8. Owned by Ellis Communications, Cox operated this station under a joint sales agreement along with sister station KRXI-TV.
  9. Operated under an SSA by Sinclair Broadcast Group.
  10. Semi-satellite of KFFX-TV.

References
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  3. "Cox Newspapers, Inc. profile and media properties". Archived from the original on June 14, 2011. Retrieved July 25, 2011.
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  9. "Cox Media Group Purchases New TV Stations in Jacksonville,... | Cox Media Group". Archived from the original on January 27, 2013. Retrieved December 18, 2012.
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  11. Carlton, Bob (February 12, 2013). "Cox Media sells Kiss, Jamz, WZZK, other Birmingham radio stations to group that includes David DuBose". The Birmingham News. Retrieved February 25, 2013.
  12. Malone, Michael (February 25, 2013). "Sinclair to Acquire Five Cox Stations". Broadcasting & Cable. Retrieved February 25, 2013.
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  23. "Cox Enterprises Announces Close of Cox Media Group Sale to Affiliates of Apollo Global Management", prnewswire.com, December 17, 2019, Retrieved December 17, 2019.
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  26. Szalai, Alex Weprin,Georg; Weprin, Alex; Szalai, Georg (February 22, 2022). "Local TV Giant TEGNA Sold to Private Equity Firms in Mega-Deal". The Hollywood Reporter. Retrieved February 22, 2022.{{cite web}}: CS1 maint: multiple names: authors list (link)
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  29. Goldsmith, Jill (May 17, 2022). "Tegna Shareholders Approve Sale Of Broadcaster To Standard General, Apollo Global". Deadline Hollywood.
  30. Johnson, Ted (February 27, 2023). "Standard General Blasts FCC Decision On Tegna Merger, Calls For Full Commission Vote". Deadline Hollywood.
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  32. Miller, Mark (March 30, 2022). "Cox Sells 18 Stations In 12 Markets To INSP". TV News Check. Retrieved March 31, 2022.
  33. LLC, Cox Media Group (March 30, 2022). "Cox Media Group to Sell Television Stations in Twelve Markets to Imagicomm Communications". GlobeNewswire News Room (Press release). Retrieved March 31, 2022.
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