Complete Story
07/30/2018
Cox Enterprises looks to sell its TV stations
Cox Enterprises announced today that it will explore strategic options for its ownership or other interest in 14 television properties, including partnering or merging the stations into a larger company.
The company owns Atlanta’s WSB-TV Channel 2 Action News, which has been the dominant television station in the market and one of the leading stations in the industry throughout its 70-year history.
Cox also owns or has interest in stations in Seattle, Boston, Charlotte, Orlando, Pittsburgh, Memphis, Jacksonville, Tulsa and Dayton, Ohio.
“We didn’t take this decision lightly. It is clear that scale is critical for TV affiliates to be positioned well for the future. Our stations are some of the best in the industry and we want them to stay that way,” said Alex Taylor, president and chief executive officer of Cox Enterprises.
