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Cox Media Group, Inc.Cox Media Group, Inc. is owned by Cox Enterprises, Inc.. Sandy Schwartz is the CEO of Cox Media Group, Inc.. Cox Media Group, Inc. was formed at the end of 2008 from the combination of three former operating units of Cox Enterprises -- Cox Newspapers, Cox Broadcasting, and Cox Radio. A subsidiary of Atlanta-based Cox Enterprises, Cox Media Group is an integrated broadcasting, publishing and digital media company that includes the national advertising rep firms of Cox Reps. With revenues exceeding $1.5 billion, the company operations include 15 broadcast television stations and 1 local cable channel, 86 radio stations, four metro newspapers and more than a dozen non-daily publications, and more than 100 digital services. In August 2009, Cox Media Group announced a new operating concept of reorganizing its media businesses to maximize the expertise and talents of its media professionals across its portfolio of radio, television and newspaper businesses. This model is a departure from the company's traditional grouping of businesses solely by medium, and it responds to rapidly changing consumer and advertiser preferences. "This new concept is another step toward fulfilling Cox Media Group's vision of operating as a fully-integrated media company," said Sandy Schwartz, president of Cox Media Group. "Sharing expertise and best practices across all of our media properties allows us to better serve consumers and advertisers in our changing environment. In addition, each of Cox's media properties will benefit from expanded shared services such as Research, Sales, Digital, Finance, Human Resources and Engineering." While Cox's local media properties and brands will still operate independently, including continuing their existing independent news and editorial functions, this new model provides opportunities for knowledge sharing, talent development, increased operating efficiencies and cost savings. Additionally, the reorganization is intended to help the company to enhance and expand its digital assets and sales expertise across all of its media properties. Contact Information
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The Top 20 U.S. Media Owners1. Time Warner Inc. 2. Walt Disney Company 3. Viacom Inc. 4. News Corporation 5. CBS Corporation 6. Cox Enterprises 7. NBC Universal 8. Gannett Company, Inc. 9. Clear Channel Communications Inc. 10. Advance Publications, Inc. 11. Tribune Company 12. McGraw-Hill Companies 13. Hearst Corporation 14. Washington Post Company 15. The New York Times Company 16. E.W. Scripps Co. 17. McClatchy Company 18. Thomson Corporation 19. Freedom Communications, Inc. 20. A&E Television Networks See All Media Companies | |||||||||||||||||||||
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